Terrible company to work for. - Loan Servicing Specialist HomeTelos Employee Review

1.0
11 Jan 2019
Recommend
CEO approval
Business outlook

Pros

Getting to know other employees as most are very nice.

Cons

This company gets contracts from the government to sell FHA foreclosed houses. When they get a big contract, then they hire people. If they don't get a contract then they lay-off a lot of people in rounds of layoffs. You have very little job security here. Also the treat people like they are children. At Christmas they have a company party and everyone sits at large tables in groups and they play the 12 days of Christmas over the speakers. Each table has to get up and act out to the verse in the song. For example when the 6 geese a laying verse comes up, everyone at the table has to stand up and act like they are a goose laying an egg.....you get the picture. I was so embarrassed and felt like I was back in kindergarten. But seems that is the owner's goal is to make the employees feel like children. Two women own the company and one inherited it from her father but they act like they built it from ground up. They are so frugal that if you work more than 40 hours one week and you are paid hourly, what they do to avoid paying overtime is to have you work say 35 hours the next week and tack on the five overtime hours you worked the previous week onto the 35 hour week.

Explore other reviews about HomeTelos

4.0
1 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great people to work with and convenient location

Cons

Minor issues with work loads

3.0
29 Aug 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They're really good at combining technology and customer service and have had success in that. The people that I worked with were good folks.

Cons

Most everyone at this company is treated like a pee-on. Employees feel very expendable. At the first sign of work slowing down, they start laying people off. I made it through several rounds of layoffs and then went on to pursue other interests, but I saw many get the ax.

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