Does NewtekOne pay their employees well?

According to anonymously submitted Glassdoor reviews, NewtekOne employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at NewtekOne. This rating has improved by 8% over the last 12 months.

How satisfied are employees working at NewtekOne?

55% of NewtekOne employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated NewtekOne 3.5 out of 5 for work life balance, 3.0 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at NewtekOne?

Vice President (11) , Business Service Specialist (5) , Customer Service Representative (5) , Manager (4) , Sales (4) , Server Administrator (4) , Technical Support II (4) , Business Services Specialist (3) , Credit Analyst (3) , Lending Specialist (3) , Paralegal (3) , Senior Vice President (3) , Underwriter (3) , Assistant Vice President (2) , Attorney (2)

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

"Not micromanaged and everybody in the staff are great people." ((in 15 reviews)); "Dependable team and enjoyable coworkers" ((in 7 reviews)); "Excellent, challenging work environment." ((in 4 reviews))

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

"Management is absent." ((in 13 reviews)); "Low pay and not the best hours" ((in 10 reviews)); "Management is horrible, upper management and corporate is not much better." ((in 9 reviews)); "The manager is the biggest narcist I have ever worked with." ((in 8 reviews)); "The CEO always tells us that “Newtek isn’t for everybody” that should tell you all you need to know." ((in 8 reviews))

What are employees saying about NewtekOne redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about NewtekOne redundancy and their outlook for job security at NewtekOne in 2026.

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NewtekOne

NewtekOne Reviews

3.1

55% would recommend to a friend

(214 total reviews)

Barry Sloane

58% approve of CEO

49% positive business outlook

Ratings by category

3.5

Work/Life balance

3.4

Diversity and inclusion

3.1

Senior management

3.1

Compensation and benefits

3.1

Career opportunities

3.0

Culture and values

NewtekOne has an employee rating of 3.1 out of 5 stars, based on 214 company reviews on Glassdoor which indicates that most employees have a good working experience there. The NewtekOne 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

214 reviews

1.0

19 Sept 2017

Stay away...far far away!

Customer service

Recommend

CEO approval

Business outlook

Pros

The Customer Service Representatives are amazing. Free coffee is great when the machine actually works.

Cons

Every one above the CSR position. Management, questionable ethics. Bait and switch when it comes to job description.

NewtekOne Response

We are sorry you did not fully enjoy your experience at Newtek. I would be happy to discuss with you at any time.

1.0

5 Jun 2018

Run away !!!!!!!!!

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

None Nepotism at is finest

Cons

Never complain about anything. If you do, you will be fired! The “open door policy” is a complete lie! Upper Management will lie to your face and say that things are good and the next day you will be out the door! They will use you and work you into the ground! They ask their employees to post good reviews just so that they look good.

1.0

2 Jun 2018

Newtek employee

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

location of office is good

Cons

The recent positive reviews, are extremely suspect. Very likely CEO had his assistant post these. The only words to describe working there is what prior employees posted - TOXIC environment due to CEO and senior managers. The employees are very good which is the only reason the business is still viable.

Viewing 1 - 3 of 214 Reviews

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