Steer clear. - Manager Newrez Employee Review

2.0
May 24, 2023
Recommend
CEO approval
Business outlook

Pros

The peers I worked alongside were encouraging, supportive, and were genuinely interested in my growth as a teammate and a person. I felt comfortable enough with my immediate manager to be able to communicate concerns and issues I ran into day to day.

Cons

There wasn’t a lot of forethought when it came to my role, and that became apparent once my hiring manager moved onto a role somewhere else. While I appreciated the fact that I wasn’t immediately let go, no one knew what my purpose was and I was jockeyed around several teams that didn’t know what to do with me. As a result I felt like I wasn’t supported enough to do my job and do it well, nor did I really feel like any of my work made any kind of difference. I had a few colleagues who made it bearable but it is not an experience I look back on fondly.

Explore other reviews about Newrez

5.0
Jul 5, 2026
Recommend
CEO approval
Business outlook

Pros

I get to work remotely. They have a good retirement plan/401K. I work autonomously with very little oversight, meaning there's no micromanaging. They are great with holidays and time off. Very inclusive and socially aware. Those are two reasons I've remained employed by them.

Cons

The salary is lower than preferred. I've worked two years with zero pay increase because "no pay increases for remoter employees". The health insurance is lacking and not fantastic, but I'm not sure that's really a con since nearly every health insurance plan in America is lacking.

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Newrez Response
3d
Thank you for sharing your feedback. We're glad to hear you value the time off and inclusive culture. We also appreciate your perspective on compensation and benefits. Feedback like yours helps us continue to evaluate and improve the employee experience.
2.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

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Newrez Response
3d
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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