At On Deck Capital, Inc.(OnDeck), 95 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 313 employee surveys, with a 90% confidence level and a margin of error of ± 3.32. It was published on Mar 31, 2016. 3439 Visitors

What Employees Say

I can be myself around here.
96%
 
People care about each other here.
95%
 
Management trusts people to do a good job without watching over their shoulders.
95%
 
Management is honest and ethical in its business practices.
94%
 
Management hires people who fit in well here.
94%
 

What They Do

We asked On Deck Capital, Inc.(OnDeck) to explain what they do. Here is what they had to say.

OnDeck (NYSE: ONDK) is the leader in online small business lending. Using advanced lending technology and analytics, OnDeck has delivered over $4 billion in funding to small businesses across the United States, Canada and Australia.      

About this Company

Website: www.ondeck.com Industry: Financial Services & Insurance
US Headquarters: New York, New York US Sites: 3
Major Locations: Denver, Colorado; Arlington, Virginia US Employees: 625
US Revenues: $254.8 million Worldwide Revenues: $254.8 million
Employees Worldwide: 638 Corporate Structure: Public
Stock Symbol: ONDK Founded: 2006

At OnDeck, we invest in our Team Members from the start! Every people manager attends Manager Essentials to have dynamic conversations around topics such as Onboarding, Effective Conversations, and Developing Our Talent.

Perks and Programs

We asked On Deck Capital, Inc.(OnDeck) to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Parental Leave: Up to four months paid parental leave for all new parents. Free access to Care.com. Adoption Assistance with reimbursement of up to $5K.
  • Happy Hour: We provide team members the opportunity to unwind at the office and socialize with each other at bi-weekly happy hours.
  • Career and Learning Experiences: Our business is evolving and full of opportunity – and we want each team member’s career journey to feel that way too. We are invested in our team members' journey at OnDeck, internal mobility and helping our managers have effective conversations. We now have a team member focusing solely on Career Development to bring this journey to life. We also provide team members with various Learning Experiences through a blended learning approach that consists of formal, informal and virtual learning experiences. These experiences consist of Lynda.com, a generous Tuition Reimbursement program, Manager Essentials and our Leadership Essentials program including: Influencing Skills, Time Management, Presentation Skills and more.
  • Management Office Hours: Team members are given the unique opportunity to have 1:1 time to chat with our company leaders directly on a topic of their choosing.
  • Loan Refinancing: Our partnership with SoFi provides our team members access to student loan refinancing, personal loans and even mortgages. SoFi saves borrowers almost $14,000 on average over the lifetime of their loans and offers no application or origination fees along with the competitive interest rates. OnDeck team members have a customized link to SoFi and are eligible for a $300 bonus from SoFi when they refinance an existing loan.
  • Education Reimbursement: We want to help advance team members’ careers. We offer our team members the opportunity to take classes relevant to their job with the first $5K of tuition expense on us.
  • Winter Parties: Team Members enjoy our annual company WinterDeck parties and quarterly department outings.
  • Generous Vacation: We offer generous paid time off, including unlimited paid time off for salaried employees, and flexibility for non-salaried employees.
  • Comprehensive Healthcare: We provide Team Members medical, dental, vision and life benefits from day one.

COMPENSATION BY THE NUMBERS

50% 401(k) match of employee's contribution, up to 2% of an employee's salary72% Company-paid health coverage for employees
75% Company-paid health coverage for dependents $5,000 College Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k)
  • Stock options to employees
  • Restricted stock units to employees
  • Pre-tax savings account
  • Employee stock purchase plan

PERKS TO MAKE LIFE EASIER

  • Free snacks during the day
  • Free breakfast foods on a regular, daily basis
  • Free beverages during the day
  • Discount ticket sales
We are super excited to welcome our new hires to our team!

WORK-LIFE BALANCE BY THE NUMBERS

25 days Paid time off after one year of full-time employment 5 days Paid sick days after one year of full-time employment

FAMILY CARE BY THE NUMBERS

80 days Job-protected maternity leave80 days Fully-paid maternity leave (does not include personal vacation or paid time off)
60 days Average length of maternity leave new mothers take60 days Job-protected paternity leave
40 days Fully-paid paternity leave (does not include personal vacation or paid time off)10 days Average length of paternity leave new fathers take
$5,000 Adoption benefit80 days Job-protected parental leave for adoptive parents
80 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Lactation room(s)
  • Paid sick leave to care for a child or relative
  • Elder care resources

HEALTH INSURANCE COVERS

  • Medical care
  • Vision care
  • Mental health care
  • Dental care
  • Prescription drug subsidy
  • Fertility treatments

ONSITE HEALTH BENEFITS

  • Cholesterol tests
  • Flu shots
  • Blood pressure screening

Community Involvement & Philanthropy

$11,520 Philanthropic donations in last year

Diversity

  • Formal programs support professional development for: Women; Lesbian, gay, bisexual or transgender employees
  • Married employees in same-sex or heterosexual relationships receive the same benefits
  • Non-birth parents in same-sex relationships can take parental leave

Executive Diversity

 
Always a treat to see our International team visiting our NYC headquarters!

Demographics

 
Our NYC team members had a great time making gingerbread men at last week's happy hour!

How to Get Hired

We asked On Deck Capital, Inc.(OnDeck) for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

When they embody our values: Passion, Impact, Openness and Ingenuity. We want to see curiosity, excitement, how they may help us achieve our goals, and how we may help them achieve theirs.     

What can prospective employees do to get your attention?

Show us your passion for OnDeck regardless of what position you are applying for and how you want to help drive our mission forward.       

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

We are focusing on expanding our Sales team across all office locations, including international. Additionally, we are looking to fill our our product and marketing teams with the aim of furthering our brand in support of our robust product offerings. We will forever be targeting talented, innovative, passionate candidates who believe in OnDeck's mission, subscribe to our values, and like to have fun doing so!

What should interested candidates do to find out more and get started?

Candidates should keep in touch with us through social media including LinkedIn, Glassdoor, Twitter, Facebook and OnDeck.com, where they can find further information about OnDeck, our workplace culture and employment opportunities.   

hiring Outlook

41% Job Growth 115 Average applicants per opening
32,496 Applications received 310 Positions filled in past year
31% New hires by employee referrals 229 New positions created
42 Jobs filled by current employees Yes Recruits on college campuses
30 New graduates hired 16% Voluntary turnover for full-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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