Great company turning bad - Senior Credit Analyst BHG Financial Employee Review

2.0
Jun 10, 2024
Recommend
CEO approval
Business outlook

Pros

Bhg wellness days pto and remote just about only things left that are great. Management in each department are somewhat understanding and kind

Cons

If you notice all of the good reviews left propping up the rating for the company are by senior management employees. Company hired and tried to grow tremendously during a great time for lending. While in the beginning this was awesome for employees, meeting goal targets, other cash opportunities available. Now this is not the case with most earning very base pay across the industry. Before bhg benefits were amazing with leading industry 401k, remote, wellness days, bonus opportunities, generous pto, paid insurance. Now we only have remote and wellness days really to look forward to. The rest is industry average and bonus is constantly used to justify low salaried wages amongst employees. Without all of the benefits that were once great. Hard to justify the low wages people earn. A lot of great people are leaving now. Ownership senior management are almost pushing people out the door it feels like to avoid another layoff. A lot of people in my department feel under appreciated— although thank you letters are nice and appreciated they do not pay the bills for most. A lot of people are nice in my department but with the economic challenges this company is facing, one can foresee a ton of turnover across the company I want to say also I am currently a high performer in my department to combat any sort of deflection from this review

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BHG Financial Response
1y
Thank you for sharing your thoughts and concerns. BHG Financial not only values but also encourages feedback from every member of the team across all levels and departments, so that we can grow together and truly be a great place to work. With that said, we’d like to provide some important insight regarding your concerns. Since 2001, we’ve experienced explosive growth, which takes more than luck. For a business to be successful in all types of economic environments, it must embrace the idea that change is constant. This mindset is part of the reason we’ve always been able to withstand a variety of obstacles. However, the current economic environment has proven to be challenging for many employees and employers alike. We can assure you our commitment to providing a comprehensive and competitive compensation package remains steadfast. While some things may have changed, we continue to offer valuable perks and benefits such as health insurance (including vision and dental), a 401(k) plan, life insurance, remote work opportunities, 20 days of PTO for seasoned employees, Wellness Weekends, and much more. We are always evaluating ways to enhance our offerings, with compensation and bonuses structured to be fair and performance-based, reflecting both individual and company-wide achievements. On that note, communication from leadership is meant to be open, transparent, and inclusive as we provide high-level updates about the organization. We truly believe it’s imperative to foster an environment where the team feels appreciated and recognized for their hard work and dedication. It’s disappointing to hear you’re not fully enjoying your time with us here at BHG Financial and encourage you to reach out to your direct manager as well as our team at people@bhg-inc.com.

Explore other reviews about BHG Financial

5.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

- Strong focus on data and analytics, with opportunities to work on meaningful business decisions - Employees can have a visible impact on company performance - Exposure to multiple areas of lending, credit risk, strategy, and operations - Plenty of opportunities to take ownership of projects and drive initiatives from concept to implementation - Access to leadership and the ability to contribute ideas directly to decision-makers - Growing company that provides exposure to evolving products, processes, and technologies, including AI

Cons

- Organizational priorities can shift quickly as the business adapts to the market conditions but this would be the case with any nimble financial company

1.0
May 20, 2026
Recommend
CEO approval
Business outlook

Pros

Good benefits. Flexible work. Wellbeing Day off, but that can vary.

Cons

There is a profound disconnect between the company’s public facing image and its daily internal operations. Echoing sentiments from other professionals on this platform regarding high attrition, the environment suffers from severe structural dysfunction that extends well beyond the sales departments. The onboarding process involved a substantial change to role terms and a clear misalignment regarding responsibilities, and schedule expectations. Rather than utilizing specialized skill sets to drive efficiency, direct management style relies heavily on rigid gatekeeping, hyper-restrictive oversight, manufactured urgency, moving goal-posts, and a distinct lack of role transparency. Attempts to address these operational gaps professionally are met with pushback rather than constructive conflict resolution and a lack of leadership support. The organizational hierarchy reflects significant titles that do not align with standard industry competencies, leading to an unsustainable environment for highly qualified professionals.

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BHG Financial Response
14h
Thank you for taking the time to share your feedback of BHG Financial. It’s unfortunate that you did not enjoy your time with us, but we wish you all the best moving forward. Please contact our People Development Team at people@bhg-inc.com if you’d like to discuss any specific concerns.
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