Sallie Mae reviews

3.9

74% would recommend to a friend

(676 total reviews)
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Jonathan Witter

83% approve of CEO

79% positive business outlook

Sallie Mae has an employee rating of 3.9 out of 5 stars, based on 676 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sallie Mae employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

676 reviews
5.0
May 22, 2026
Recommend
CEO approval
Business Outlook

Pros

Sallie Mae offers a solid benefits package, generous PTO, and a genuine commitment to promoting from within. The teams are collaborative and management is generally accessible and communicative. For someone with a finance background, there are meaningful opportunities to work on complex, high-volume processes and gain valuable experience in a well-known financial institution.

Cons

I don’t have any cons with this company as an employer!

2.0
Mar 23, 2019
Recommend
CEO approval
Business Outlook

Pros

IT pay is good. Indianapolis is very affordable. People in Indianapolis are really nice. The company is making fantastic profits. Senior positions get huge bonuses (we're talking tens and hundreds of thousands of dollars) so if you are senior you are well paid.

Cons

The traditional c-level management that exists at Sallie Mae doesn't understand that the Agile Transformation failed. Their management did not educate themselves and did not change their core practices or approach. The MBA 80's/90's management style of leadershiops is woefully out of date with todays workers and economy. IT line workers are fully aware of the reasons for the failure and several have left. At each level of management, spin and manipulation is used to present a good sounding but untrue view of the level beneath them ('give me any chart that show up and right'). This leads to complete failure being seen and represented as complete success by C level management. Every few months the management in Delaware decides to move people around, destroying relationships. Each time this happens the folks who complain are labelled trouble makers who are also low performers. There is sharp and intensive criticism by both management and worker groups in Delaware and Indianapolis with each group asserting that the problem is with the other. This leads to a toxic and unproductive environment. To survive in this environment you need to need to be able to play politics well. Management is done by traditional fear and direction giving, which leads to independent thinkers leaving and 'follow orders' folks staying. Hiring is deceptive with management describing an environment that does not exist, leading to many hires going through an intense adjustment period in their first 3 months when they realize that is not true. With massive current profits there is little recognized need for change. This will change over the next 5 years because the opportunity for other banks to compete against the dysfunctionality that exists at Sallie Mae is huge. Many simple IT tasks that take a few minutes to perform take months due to massive process over-engineering. As a publicly traded bank there are countless reasons why the company needs security and privacy. Unfortunately compliance and security is allowed unfettered ability to deny or block anything regardless of the effect on modern agile development. It's a train wreck.

3.0
Apr 13, 2024

Downwards Spiral

Recommend
CEO approval
Business Outlook

Pros

"I loved the people, the benefits were good, the bonus was great, and the Employee Stock Purchase Plan (ESPP) was fantastic."

Cons

New management is moving in the wrong direction. The organization, which was once lean and agile, is now becoming bloated with heavy management and lower-paid teams. Additionally, instead of being virtual, they are reverting back to NOCs.

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Sallie Mae Response
2y
Thank you for your constructive criticism. We will consider this feedback as we want to always ensure our employees feel heard.
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Glassdoor has 743 Sallie Mae reviews submitted anonymously by Sallie Mae employees. Read employee reviews and ratings on Glassdoor to decide if Sallie Mae is right for you.