Would Not Recommend - Anonymous employee LendingCrowd Employee Review

Cons: Employees are under appreciated and overworked. It's a volatile environment, where there is constant communication breakdown. This leads to bad processes, lack of clarity, and confusion. Salary raises are rare, and you have to beg for appraisals. Working late and self sacrifice is expected and managers take it as a sign of commitment whilst giving almost nothing in return. But people have begun to vote with their feet now, and I hope they have noticed that there are better ways to run a company. Fundamentally, the frustration in working for LendingCrowd lies in the companies systemic cultural problem. It is built by ex bankers/brokers who have put in place all the archaic business practices that have worked for the last hundred years but do not work now. There is constant inappropriate behaviour, sexism, and internal conflict in the office. Those who are not in positions of power are forced to accept the poor behaviour from members of the management team. When you do try to speak out against any of this or even offer constructive feedback, you are met with defensive attitudes and zero improvement, which obviously just perpetuates the cycle. The male to female ratio in the office is actually shocking (5:1) with no pro-active steps in to trying to change this. When women are (frequently) victims of sexist remarks (from management), there is no support, no HR, no reporting and, disappointingly no consequences. Employees eventually leave the company.