No matter how desperate you are for a job, or how annoyed you may be at your current gig, there are some companies you’re better off not working for. Even if the money is good, the role seems irresistible, and even your friends say it’s worth a shot, accepting a role at a crappy company can set your career back and even jeopardize your future success.
So how do you know which companies to steer clear of? Here at Glassdoor, we don’t like to point fingers because all companies have the tools to change. Nevertheless, here are 7 types of companies that might as well have “Do not apply” flashing on a neon sign in the window.
1. The High Turnover Outfit
Red flags: Key roles pop up consistently on a company’s job site.
How bad is it: A company should not be on the hunt for the same important roles in management or leadership every six months, and if they are that means that they have fallen into a hire-and-fire cycle. This can indicate a few things. One, leadership may be very fickle; unable to land on the specific qualities they want in a candidate. Two, the company may have a bad internal culture which makes retention nearly impossible, no matter how talented the new hires may be. Three, top level goals may be as fleeting as the talent.
What to do: Companies with high turnover won’t deliver on their promises and may just be a waste of time.
2. The Culture Clash Corp
Red flags: Negative employee reviews, lack of focus on a true employee experience, recruiters evading your questions.
How bad is it: A poor company culture may not seem like a deal breaker, but it should be. Recently, we’ve seen a handful of examples where company culture has significantly handicapped public perception. Even if a company’s poor culture hasn’t played out publicly, it can be bad for your career. It’s well known that a positive company culture can drive financial performance and a productive workforce. Therefore, a negative culture can do the exact opposite.
What to do: Avoid companies who tout their ping-pong tournament but won’t allow you speak to existing employees about their experiences. Consider ending interview discussions with companies that evade questions about culture. And just say no to places who define “hard work” as 15-hour days and long weekend email threads.
3. The Curb Appealer
Red flags: Pristine and ideal image in marketing materials and publicity, however, the day-to-day operation is far from glamorous. Only the leaders have what can pass as offices, staff is dispersed amongst shoddy cubicles, lighting is awful, technology is from the ’90s, and let’s not get started on the break room.
How bad is it: We’ve all seen them: the amazingly beautiful house on the block with the pristine lawn and the paint job that always manages to look fresh, even in the winter. These are the homes with curb appeal. They are the envy of every neighbor and look like a million bucks. But, have you ever been inside a home with massive curb appeal? Unless you’re in a really impressive neighborhood, they can have less-than-ideal interiors. The same can go for companies that are featured in all the top publications, have the coolest website, the most cutting-edge ad campaigns, and marketing materials. However, inside might tell another story.
What to do: Do your due diligence before you apply to a company to look inside its offices, get a sense of the digs and see if it’s a place you want to spend 40+ hours a week.
4. The Top Heavy Business
Red flags: Too many executives brainstorming, too few employees tasked with executing.
How bad is it: The three leading drivers of long-term employee satisfaction include culture and values, career opportunities, and trust in senior leadership. That does not mean, however, that all of the emphasis should be placed on attracting top executives to a company. Sure, it’s important to have phenomenal leadership, but when you read reviews of a company be sure to note how much emphasis is placed on rank & file employees. All team members are important and you should see that reflected in employee reviews of the company and in their hiring practices.
What to do: Ask yourself: Who’s getting promoted internally? Or are outsiders filling key positions? Why are there 10 SVPs, but only 100 employees? If the answers to these questions puzzle you, then you may be looking at a top-heavy company.
5. The Perpetual Promisor
Red flags: Unfulfilled corporate expectations, employees report a lack of trust in CEO, inability to live up to brand promises.
How bad is it: In the era of transparency, most companies are fully aware that they must attract the best talent with full, robust and competitive packages. In order to do this, they make promises. Companies make promises around the job, the compensation package, the culture and the brand. Furthermore, companies have a brand promise that is a manifestation of its core business strategy. The problem with promises, however, they can be broken. Beware of companies that make promise after promise after promise.
Let’s boil this down to something tangible: a promotion. Your boss at XYZ company promises you a promotion based on your hard work and value to the company. You start to get excited about the new role and, of course, the increased pay. However, a month goes by and no one has mentioned anything. You follow up, and your boss routes you to HR. All you get from HR is blank stares and shrugged shoulders. Finally, weeks later you’ve been sent an email stating that your promotion has been delayed. Sigh. Broken promise.
What to do: Consider leaving. A company is only as good as its brand promise and the trust of its employees. Without these two things, it is doomed to fail.
6. The “Stagnator”
Red flags: Lack of learning opportunities, fails to promote mentorship, offers little more than the role you’ve applied for.
How bad is it: You’ve got the offer from the firm or company of your dreams. The money is right, the role is perfect and your future coworkers are people you’d absolutely grab a beer with after work. So what, there’s no learning-and-development offerings. So what, the hiring manager evaded your questions about your future goals. No big deal, right? Hardly. The stagnant company is one to stay away from as well because it places little to no emphasis on helping you meet your long-term career goals. While this type of company may work for some job seekers looking for a very particular type of job, for many it presents a dead-end.
What to do: Working at a “stagnator” means that you’ll likely be back on the job hunt in 12 to 18 months. Remember, to stagnate is a verb that means, “to cease developing; become inactive or dull.” This is not what you want for your career.
7. The Directionless Ship
Red flags: No clear plan for the future, employees don’t know long-term goals, senior leadership fails to adequately communicate.
How bad is it: Beware of the Titanic companies that tout all the bells and whistles, but lack a clear direction. It’s these companies that inevitably hit the icebergs or big challenges over time and can become in danger of sinking. Companies should be forthright about where they stand financially, where they see themselves going, and should be willing to talk about any major challenges. If the hiring team is unable to discuss openly what direction the company hoping to go, it may be a clue that they lack a plan for growth and that the foundation may be shaky.
What to do: No matter how promising a company looks to the media or how much buzz surrounds the company’s latest product, if the value proposition and forecast are unclear, the company does not have a winning strategy.
Interested in refinancing student loans?Here are the top 9 lenders of 2022!
|Lender||Variable APR||Eligible Degrees|
|2.49% – 11.72%1||Undergrad & Graduate|
|2.50% – 6.30%2||Undergrad & Graduate|
|4.13% – 7.39%3||Undergrad & Graduate|
|2.49% – 7.99%4||Undergrad & Graduate|
|2.49% – 7.99%5||Undergrad & Graduate|
|3.24% – 8.24%6||Undergrad & Graduate|
|2.48% – 7.98%||Undergrad |
|1.74% – 7.99%7||Undergrad & Graduate|
|3.69% – 9.92%8||Undergrad & Graduate|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount.
The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.
To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of September 6, 2022.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $9 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of April 29, 2021. Information and rates are subject to change without notice.
3 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of 5 years and is reserved for applicants with FICO scores of at least 810.
As of 09/09/2022 student loan refinancing rates range from 4.13% APR – 7.39% Variable APR with AutoPay and 2.99% APR – 9.93% Fixed APR with AutoPay.
4 Rate range above includes optional 0.25% Auto Pay discount. Important Disclosures for Earnest.
You can choose between fixed and variable rates. Fixed interest rates are 3.99% – 8.74% APR (3.74% – 8.49% APR with Auto Pay discount). Starting variable interest rates are 2.74% APR to 8.24% APR (2.49% – 7.99% APR with Auto Pay discount). Variable rates are based on an index, the 30-day Average Secured Overnight Financing Rate (SOFR) plus a margin. Variable rates are reset monthly based on the fluctuation of the index. We do not currently offer variable rate loans in AK, CO, CT, HI, IL, KY, MA, MN, MS, NH, OH, OK, SC, TN, TX, and VA.
5 Important Disclosures for Navient.
6 Important Disclosures for SoFi.
Fixed rates range from 3.99% APR to 8.24% APR with a 0.25% autopay discount. Variable rates from 3.24% APR to 8.24% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates on 5-, 7-, and 10-year terms are capped at 8.95% APR; 15- and 20-year terms are capped at 9.95% APR. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.
7 Important Disclosures for Purefy.
Purefy Student Loan Refinancing Rate and Terms Disclosure: Annual Percentage Rates (APR) ranges and examples are based on information provided to Purefy by lenders participating in Purefy’s rate comparison platform. For student loan refinancing, the participating lenders offer fixed rates ranging from 2.73% – 7.99% APR, and variable rates ranging from 1.74% – 7.99% APR. The maximum variable rate is 25.00%. Your interest rate will be based on the lender’s requirements. In most cases, lenders determine the interest rates based on your credit score, degree type and other credit and financial criteria. Only borrowers with excellent credit and meeting other lender criteria will qualify for the lowest rate available. Rates and terms are subject to change at any time without notice. Terms and conditions apply.
8 Important Disclosures for Citizens.
Education Refinance Loan Rate Disclosure: Variable interest rates range from 3.69%-9.92% (3.69%-9.92% APR). Fixed interest rates range from 4.49%-10.11% (4.49%-10.11% APR).
Undergraduate Rate Disclosure: Variable interest rates range from 6.39%- 9.60% (6.39% – 9.60% APR). Fixed interest rates range from 6.58% – 9.79% (6.58% – 9.79% APR).
Graduate Rate Disclosure: Variable interest rates range from 3.69% – 9.16% (3.69% – 9.16% APR). Fixed interest rates range from 4.49% – 9.35% (4.49% – 9.35% APR).
Education Refinance Loan for Parents Rate Disclosure: Variable interest rates range from 3.69%- 9.09% (3.69%- 9.09% APR). Fixed interest rates range from 4.49% – 9.28% (4.49% – 9.28% APR).
Medical Residency Refinance Loan Rate Disclosure: Variable interest rates range from 3.69% – 9.16% (3.69% – 9.16% APR). Fixed interest rates range from 4.49% – 9.35% (4.49% – 9.35% APR).