Does Lofty pay their employees well?

According to anonymously submitted Glassdoor reviews, Lofty employees rate their compensation and benefits as 2.3 out of 5. Find out more about salaries and benefits at Lofty. This rating has decreased by 24% over the last 12 months.

How satisfied are employees working at Lofty?

24% of Lofty employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lofty 2.2 out of 5 for work life balance, 2.0 for culture and values and 1.9 for career opportunities.

What are the top reviewed jobs at Lofty?

Account Executive (9) , Senior Account Executive (4) , Business Development Representative (BDR) (3) , Customer Success Manager (3) , Customer Success Manager (CSM) (3) , Sales (3) , Customer Success Team (2) , Sales Development Representative (SDR) (2)

What are the pros of working at Lofty according to real employee reviews?

"Benefits are great." ((in 5 reviews)); "A small number of genuine coworkers who care and are committed to doing quality work." ((in 4 reviews)); "Great people that want to see you succeed." ((in 4 reviews)); "decent pay" ((in 3 reviews))

What are the cons of working at Lofty according to real employee reviews?

"Management is incompetent to a degree unseen in a profitable company." ((in 5 reviews)); "The CEO gets mad publicly when employees aren't happy." ((in 4 reviews)); "Does not provide clear instructions or concrete SOP's for employees to follow and lacks effective communication regarding major internal systems changes." ((in 3 reviews)); "The CEO could care less about the employees." ((in 3 reviews)); "Unfulfilled promises on so many levels leave employees unhappy and neglected in their career paths and quite often seeking employment elsewhere." ((in 3 reviews))

Lofty Reviews

2.1

24% would recommend to a friend

(75 total reviews)

Joseph Chen

28% approve of CEO

19% positive business outlook

Lofty has an employee rating of 2.1 out of 5 stars, based on 75 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Lofty employee rating is 44% below average for employers within the Real estate industry (3.8 stars).

Reviews by job title

75 reviews

5.0

3 Aug 2023

Career growth and opportunity

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

-Industry leading product -Talented co-workers -Opportunities to learn

Cons

-Leadership team is great and could be even more involved in daily communication with employees. They are coming into the office more which helps.

5.0

11 Jul 2023

Forward thinking company with great growth opportunities.

Account executive

Recommend

CEO approval

Business outlook

Pros

Best in industry tools and enough leads to keep everyone fed. Inspiring leadership as well.

Cons

Things change fast, and sometimes it's hard to keep up. But, if you trust the process and motives behind those changes, you will succeed.

5.0

17 May 2023

Best Place I've ever worked!

Sales development representative (sdr)

Recommend

CEO approval

Business outlook

Pros

Can't say enough about the journey I've been on with Chime. Since the day I started I felt like this is the place I belong. They have always treated me well and I've never made the money I'm making now at any other job I've had in the past.

Cons

I would say the communication sometimes can be better.

Viewing 1 - 3 of 75 Reviews

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Reviews by job title

Career growth and opportunity

Forward thinking company with great growth opportunities.

Best Place I've ever worked!

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