LendingTree Reviews

3.9

74% would recommend to a friend

(340 total reviews)
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Scott Peyree

50% approve of CEO

50% positive business outlook

LendingTree has an employee rating of 3.9 out of 5 stars, based on 340 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LendingTree employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

340 reviews
5.0
5 Dec 2022
Recommend
CEO approval
Business outlook

Pros

No/Negligible politics, Purely performance-based environment

Cons

Not as such that I found

2.0
9 May 2023

Tough Road Ahead

Recommend
CEO approval
Business outlook

Pros

- Predictable workload - Good benefits - The shell of a strong company culture

Cons

- Poor management decision led to several round of layoffs on top of economy - Big increase in "Office" politics - Forced Return to office pushing much talent else where - Low moral - No clear vision on how to turn things around - Investing in products that have little to no ROI

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LendingTree Response
2y
Thank you for sharing your thoughts about your experience at LendingTree. We recognize the challenges that have arisen and are committed to navigating them as a team. Our leadership is focused on ensuring a clear vision for the future and creating a supportive work culture. We are actively working on strategies to enhance our culture and maintain a positive atmosphere. The LendingTree culture has always been one of strong collaboration. We have a lot of good work to get done and we realize that our work gets done better (and faster) when we are together. This is why we have encouraged our teams to get back into the office three days a week. Our hybrid model approach still allows for flexibility, and we want our employees to be empowered to do their best work with a schedule that suits them best. We value your dedication and encourage you to engage in discussions with your team leads or HR about ways to contribute to a better workplace. Thank you, LendingTree Human Resources Department
1.0
20 Jan 2024

Untenable

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are some really good people at mid and junior levels. And I’ve seen more honesty from senior leadership in the past 6 months than I have before as they confront a challenging economic landscape and work to make big changes to carry the company through.

Cons

I don’t see how Lendingtree pulls through this without a lot of suffering along the way for everybody at the org. We may get there, but right now, things are rough, and career success is a combination of what you bring to the table and the environment you’re navigating. This environment is incredibly hard to navigate. It’s becoming untenable for teams to function through restructures, resourcing cuts, and lack of clarity on who can own a tradeoff decision. More and more people are in situations they aren’t equipped to handle, and as balls drop and performance degrades, management is looking for scapegoats instead of taking ownership of their role in setting strategy and architecting functional teams. There aren’t enough mid level leaders to do that work, leaving junior team members underperforming because they don’t have the coaching they need or aren’t shielded from the constant swirl of org politics. Everyone is fried and frazzled, eroding trust and putting people on the defensive. It’s becoming impossible to build a career or even keep your head above water and do right by your colleagues. This is sad because there are some great people at the org, who work every day to stay in touch, keep the trust going, and deliver business outcomes—they just are set up to fail. Particular pain points are a chaotic marketing reorg and new product leadership alienating peers and subordinates. But so many departments are just spread thin and struggling. If you anticipate needing parental leave, be advised: the org recently quietly updated their policy to require 1 year of work at the company upon return, or you will have to pay back wages from the period you were on leave. They kept this information out of the employee guidebook update, so it is coming as a shocking surprise to team members who track down the information elsewhere. Get a look at materials as soon as you can in the hiring process to be sure you’re willing to invest time and effort in this company.

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LendingTree Response
2y
Thank you for your feedback, which we value and take seriously. At LendingTree, we're continuously enhancing our decision-making processes, leadership effectiveness, and overall employee experience to foster a positive work environment. Your feedback is invaluable in helping us identify areas for improvement, and we are committed to taking proactive steps to create a more supportive and empowering work environment for all employees. We are here to listen, learn, and take action to ensure that everyone at LendingTree has the resources and support they need to succeed. Regarding your concern about repayment of wages after returning from parental leave, we want to clarify that we do not require employees to repay wages if they leave the company within a year of returning from parental leave. This policy has been in place for several years, although it may not be explicitly stated in our employee resource guide because it is not a requirement. Please feel free to contact our benefits team directly for any further questions or concerns you may have, and we'll be happy to assist you promptly. Thank you, LendingTree Human Resources Department
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Glassdoor has 377 LendingTree reviews submitted anonymously by LendingTree employees. Read employee reviews and ratings on Glassdoor to decide if LendingTree is right for you.