Bankrate Employee Reviews

3.1
Overall rating
Based on 33 reviews
Ratings breakdown
56
410
35
24
18
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2.0
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Troubled company
Supervisor (Former Employee) –  Palm Beach Gardens, FLApril 25, 2018
Bankrate was a terrific place to work until management got full of itself and overloaded the staff with useless meetings and wasteful process. And then came a sale that made things infinitely worse.

The company was sold in November 2017, and there have been several rounds of layoffs since that time. Jobs that were eliminated in the first round were recently posted, because management apparently had no idea how essential the positions were to the business. Many employees who were not cut have left voluntarily, in a big show of no-confidence.
Pros
Standing desks, unlimited vacations
Cons
Clueless management, too much "process"
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3.0
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What once was, is no longer
Manager (Former Employee) –  Palm Beach Gardens, FLApril 16, 2018
At one point in time the company was a great place to work. Culture was great, cohesion between team members and management was decent, there was clear direction, and commensurate pay and benefits. Once upper management made the decision to jump ship and the company was vetted and later acquired, many changes and uncertainty caused a lot of turmoil within company, including the termination of roughly half of the staff, with the potential of more to come.
Pros
Great team members, nice offices / work areas
Cons
Terrible management, uncertainty
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4.0
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A great place to work.
Inside Sales Specialist (Current Employee) –  Denver, COMarch 15, 2018
A great place to work with full benefits. A typical day includes selling insurance leads to insurance agents via phone. I learned the in's and out's of the insurance business. The hardest part of the job is dealing with an insurance agent that is having a bad day. The most enjoyable is working with my coworkers.
Pros
Great atmosphere
Cons
Limited advancement
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5.0
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Bankrate Review
Client Support Specialist (Former Employee) –  Chicago, ILFebruary 22, 2018
I enjoyed my time with Bankrate LLC. It was a great work environment, as well as a productive one. My colleagues were encouraging and very team oriented.
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4.0
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Jobs great
Digital Marketing Manager (Current Employee) –  New York, NYFebruary 20, 2018
Working at Bankrate is a great place to work. Its a fast paced startup mentality wwre everyone is working to the same goal.

The work life balance is great as well.
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5.0
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Great place to work, Excellent Benefits and perks
Data Analyst (Former Employee) –  Palm Beach Gardens, FLJanuary 4, 2018
Based on the pay, benefits and overall atmosphere of the company this started out as a dream job, but in a short amount of time became a nightmare. New management took over and they were only interested in dismantling the company in order to sell. Didn't think that jobs were still being outsourced to foreign countries but I was proven wrong.
Pros
Benefits, relaxed atmosphere, competitive pay
Cons
New management could only see dollar signs and not hardworking people
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3.0
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Good until it wasn't
Content Team Member (Former Employee) –  Palm Beach Gardens, FLNovember 16, 2017
Competitive salaries, approachable managers, but questionable display of employee regard as a significant number of layoffs were announced less than three weeks before Thanksgiving.
Pros
Salary
Cons
High employee turnover rate prior to mass layoffs
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1.0
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Inept organization
Lead Developer (Former Employee) –  Detroit, MINovember 8, 2017
Though my time at Bankrate was relatively short, I got to watch my hiring manager be demoted then depart, a revolving door of other developers (with constant team re-organization), and an acquisition leading up to layoffs that impacted me. No go.
Pros
Free Wednesday lunch, occasional beer
Cons
Quarterly layoffs, constant team re-organization, bad managers
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1.0
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Not the company it used to be
Manager (Former Employee) –  Palm Beach Gardens, FLJuly 19, 2017
New management brought in own people and changed dynamics of company.
Moral is extremely low, especially in outside offices.

Great benefits and pay was fair.
Pros
Free breakfast, benefits, Pto
Cons
Cliches
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5.0
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Fun workplace!
SALES REPRESENTATIVE (Former Employee) –  Denver, COJune 21, 2017
Great work culture! Great people!The compensation was good and provided an excellent environment where you could have fun, and be productive. I enjoyed my years working there.
Pros
Great work environment.
Cons
Moved to another location from Denver.
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1.0
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Declining fast
Developer/Analyst (Former Employee) –  Palm Beach Gardens, FLMay 4, 2017
Multiple rounds of layoffs. Unreasonable hours.
Claim "Unlimited Vacation" but good luck trying to take time off.
Will randomly drop people that are vital to the business.
Expect you to work 14 hour days and be on call all day, every day with no break.
Lunch meetings galore.
Unreasonable deadlines.
Will promise the world and never deliver.
They have another branch in NY and tend to hire people there after letting them go in PBG, FL. Claim they aren't planning to close the branch.
Pros
Casual dress
Cons
Too much to list.
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1.0
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Disgusting Culture
Senior .NET Developer (Current Employee) –  Palm Beach Gardens, FLApril 30, 2017
New leadership has no clue what is going on. They think by changing mere technology, they will beat the competitors. No work life balance. No raises for past employees. Hired many folks without much calculation.
Pros
Free sodas, drinks
Cons
Extra long hours of works, week-end hours
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4.0
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Comfortable and informal working environment.
Market Analyst (Former Employee) –  Palm Beach Gardens, FLApril 5, 2017
Good place to work. Decent benefits and good vacation time. No micromanaging. Big lunch area. Some catered events. Modern office space with height adjustable desks.
Pros
Comfortable and informal working environment.
Cons
No upward movement
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4.0
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Inside Sales Specialist
Inside Sales Specialist (Current Employee) –  Denver, COMarch 16, 2017
I sell computer generated leads to insurance agents.

I have learned multiple sales strategies while employed.

Workplace culture is good and the management is always there to help.

The hardest part of the job getting in touch with certain insurance agents.

The most enjoyable part of the job is selling a product that the client is satisfied with.
Pros
Great culture
Cons
Pay
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4.0
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Pretty laid back
Market Analyst (Former Employee) –  North Palm Beach, FLAugust 27, 2016
there's not a lot of stress working here. People are nice for the most part, the management isn't selected correctly but it is an overall decent place to work.
Pros
gym
Cons
raises
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1.0
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Ok
Internal Auditor (Former Employee) –  Palm Beach Gardens, FLAugust 11, 2016
OK. It is acceptable for those who like driving long distances each day and work on your own. Small group with plenty of internal staff movements. Acceptable atmosphere.
Pros
Ok
Cons
Ok
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1.0
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STAY CLEAR-They didn't make any changes despite what management says
Anonymous (Former Employee) –  Palm Beach Gardens, FLJune 27, 2016
Do NOT under any circumstances go work for this company. They walk people out on a daily basis. They literally should just have a revolving door. Don't let them fool you by saying they are getting rid of under-performers or "bad seeds". They get rid of great people doing outstanding jobs. Why? Well, I can't wait until they get audited and have to provide reasons to support why they terminated certain people.
Pros
They pay well but you'd be better off making minimun wage
Cons
Everything
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2.0
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Review
Compliance Associate (Former Employee) –  Austin, TXJune 20, 2016
My experience is that there is little to no room for advancement. I would rather hire someone new than take care of their current employees.
Pros
Good Pay
Cons
Work Environmen
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2.0
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Lots of changes and no stability
Manager (Former Employee) –  New York, NYMay 5, 2016
The day is challenging as everyday there is new processes and procedures that you have no say in.

The most enjoyable part of the job is that you are learning new systems- The hardest part of it is the constant flux and change.
Pros
Competitive Salary
Cons
No Work Life Balance, Too much change & Turmoil-
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1.0
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Ever-Chaning Hectic Environment
N/A (Former Employee) –  New York, NYApril 10, 2016
The work life balance is non-existent and the ever-changing environment with high turnover makes for an interesting workplace.
Mgmt. does not value the input of staff as every decision is made from the highest lever only with no collaboration.
Pros
Lots of activities
Cons
Uncertain work envoronment
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