Pros
Catered lunch, Uber credits, health benefits, casual dress
Cons
If you don’t mind doing the same task over and over, being paid extremely poorly for a college graduate (<$1k/check), and a slim chance of being promoted into an impactful role – then Xchange Leasing is the perfect company for you. When the company was in its early days (mid 2015 - early 2016), there was an amazing culture, all of the employees were happy and worked harder than I have ever seen elsewhere. Soon after, when upper management began hiring managers – and managers to manage those managers, all externally – the previous joy of coming to work everyday and hopes of your hard work being rewarded with potential bonuses and promotions came to an end. This company has done nothing but fail to fulfill false promises, and refuses to reward the smart, knowledgeable employees they already have. They choose to hire outside candidates into higher paying, impactful roles based on ‘experience’. It turns out, many of these outside managers have absolutely no idea what they are doing, and it’s honestly surprising they were able to secure a job at this company – which is a subsidiary of the highest valued tech company today. Note that not every manager exhibits these qualities. There are many extremely, extremely intelligent people – within every level of the company – but many are never given the opportunity to showcase what they are capable of. They are judged more on their production numbers, and are not given challenges outside of simple, repetitive tasks. For the few (far less than 10 in two years) who have been promoted, it’s no different. Rather than being presented with challenges that will help develop skills for a successful career, and have a beneficial impact on the business, they are utilized more as babysitters for more junior employees, standing by to do other managers work for them (which they will receive no credit for), or answer questions. I would not recommend anyone to take a new role here. It wouldn’t surprise me if Xchange Leasing ceases to exist in year from when this review was written.