3.0
11 Aug 2011
Current employee
Newark, DE
Recommend
CEO approval
Business outlook
Pros
Fair to above average pay. New products that have been introdued into the market place have considerable upside (Smart Option Student, Credit Card and Bank products). Stock Options for all level of employees.
Cons
SLM has been cutting expenses (people and sites) aggressively the last 3 years. While it is a necessity for the future, it makes it an uncertain place to work. Very little Leadership and and Management Development for mid level management. There is some favortism for ex MBNA/Bank of America Leadership that joined company 2 -3 years ago