Out of touch - Compliance Guild Mortgage Employee Review

1.0
24 May 2023
Recommend
CEO approval
Business outlook

Pros

Headquarters is in San Diego

Cons

The company is in the midst of multiple layoffs. Employees are on edge about losing their jobs while simultaneously being overworked trying to keep up with acquisitions as Guild gobbles up competitors. Market conditions are being cited for reduced budgets and slashed bonuses, and despite record inflation squeezing pocketbooks employee merits have been delayed for months and have been uncoupled from performance reviews so that the company no longer has to address not paying for performance. Our CEO will be retiring soon and in a town hall this week (pre-recorded so that employees cannot ask questions) she gleefully declared that even in retirement she will “still be coming on our sales incentive trips!” — as if flying her to party with our sales teams on all-expense-paid vacations is a real value-add and good use of company funds? This is just one example to show how out-of-touch and delusional the leadership team truly is. Line employees are suffering right now and bloated, overpaid Execs are making sure they get theirs while gutting employee benefits like vacation accrual payouts and bonuses, taking away Christmas Eve as a paid holiday, not offering stock to longtime employees when we went public, etc. HR hides all bad news in fine print while Execs get mega rich off of employee’s backs.

Explore other reviews about Guild Mortgage

5.0
16 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Very organized, lots of help lines and depts available. Big company with a small feel.

Cons

Lots of meetings. You have to be selective with what you want to participate in.

2.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

Well established, offices throughout the country. Have plenty of coaching and training available especially if you are willing to pay for it. Benefits are pretty reasonably priced.

Cons

Overly bloated corporate structure, company margins are high and baked into your rates. They pay a lot of people high salaries that don't contribute a lick to helping the life blood of the company, their LO's originate loans. Give you a minimum wage base on a drawback. So you can get yourself in a hole if you have a month without any closings.

See reviews by: Helpful|Rating|Date|All