The Culture At Discover Financial Services

Information provided by the company
At Discover, be part of a culture where diversity, teamwork and collaboration reign. We are as focused on our employees as we are on our customers-and we've been consistently awarded for both. Be the reason we help millions of people build a brighter financial future, and achieve yours along the way.
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At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
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We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both.
Willing to work in an environment that is welcoming, open, transparent, curious, collaborative, challenging, results-driven, and fun!

Discover Financial Services Overview

Discover Financial Services is a direct banking and payment services company operating the Discover card and America's first cash rewards credit card. It is one of the largest card issuers in the United States. Beyond its flagship credit business, it also offers personal and student loans, home and home equity loans, online savings products, certificates of deposit, and money market accounts. Its payment businesses consist of Discover Financial Services' Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. Discover Financial Services was founded in 1985 and is based in Deerfield, I.L.
The staff at Discover Financial Services come from unusually diverse demographic backgrounds. The company is 57.7% female and 36.8% ethnic minorities. Despite its diversity in other areas, Discover Financial Services employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 67.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Discover Financial Services has great employee retention with staff members usually staying with the company for 3.9 years. The average employee at Discover Financial Services makes $63,974 per year. Pay at Discover Financial Services is significantly lower than some of its highest paying competitors, like Mastercard, American Express, and Citigroup, which pay $110,179, $83,823, and $81,932, respectively.
Discover Financial Services is an industry leader with 17,600 employees and an annual revenue of $12.9B that is headquartered in Illinois.

The Organization’s Mission

To help people spend smarter, manage debt better and save more so they achieve a brighter financial future.

Industry

Financial Services

Revenue

$13.0B

Employees

17,600

Founded in

1985

Headquarters

Riverwoods, IL

Website

www.discover.com

Organization Type

Public

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Discover Financial Services Employee Reviews

Zippia Official Logo

2.0

Zippia UserApril 2022

2.0

Zippia Official LogoZippia UserApril 2022

What Do You Like About Working There?

It was a good company to work for till now.

What DON'T You Like About Working There?

Management and work life balance

What Are Your Favorite Benefits/Perks?

25 days of pto from day one
Zippia Official Logo

3.0

Zippia UserAugust 2021

3.0

Zippia Official LogoZippia UserAugust 2021

What Do You Like About Working There?

I like the attitude upper management has.

What DON'T You Like About Working There?

The training was not very good and I felt under prepared before starting my job role at this company.

What Are Your Favorite Benefits/Perks?

401k match as well as PTO including holidays.
Zippia Official Logo

5.0

Zippia UserAugust 2021

5.0

Zippia Official LogoZippia UserAugust 2021

What Do You Like About Working There?

Great benefits and culture, great campus,

What DON'T You Like About Working There?

Slow to market, not aggressive, not a great location

What Are Your Favorite Benefits/Perks?

Great campus
Zippia Official Logo

4.0

Zippia UserFebruary 2021

4.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Great company, great benefits, they take care of you as best they can

What DON'T You Like About Working There?

the job itself of customer service

What Are Your Favorite Benefits/Perks?

tuition reimbursement
Zippia Official Logo

1.0

Zippia UserJanuary 2021

1.0

Zippia Official LogoZippia UserJanuary 2021

What Do You Like About Working There?

Nothing!

What DON'T You Like About Working There?

Low pay, no room for advancement, management (at all levels) touts wanting employee engagement and feedback but refuses to accept any and still does what they want to do. No support or trust with Human Resources. This company is so censored and controlling when it comes to their employees, it is so disheartening! If management or Human Resources didn't agree with your feedback and you protested against it, they would find many loopholes on how to harass you and retaliate against you. It is just sickening the things that their management and Human Resources staff is able to get away with. So if you value your sanity, do not work for this company!

What Are Your Favorite Benefits/Perks?

Nothing!
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The Team At Discover Financial Services

Key People

Roger C. Hochschild

Discover Financial Services Company Rankings

Discover Financial Services is ranked #18 on the Best Finance Companies to Work For in Illinois list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Discover Financial Services Salaries

How much does Discover Financial Services pay?
The national average salary for a Discover Financial Services employee in the United States is $63,974 per year. Employees in the top 10 percent can make over $118,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
8.9
Salary Score
Average Discover Financial Services Salary
$63,974 yearly
$30.76 hourly
Updated December 14, 2021
$34,000
10 %
$63,000
Median
$118,000
90 %
Average Employee Earnings

Highest Paying Jobs At Discover Financial Services

RankJob TitleAvg. SalaryHourly Rate
1Lead Software Developer$125,407$60
2Software Engineer Lead$116,080$56
3Data Engineer$113,474$55
4Team Leader$106,246$51
5Product Owner$105,239$51
6Section Leader$98,315$47
7Consultant$94,988$46
8Senior Associate$94,896$46
9Business Analyst$93,038$45
10Project Manager$92,879$45
11Account Executive$83,940$40
12Senior Program Associate$82,821$40
13Account Manager$78,254$38
14Credit Analyst$74,977$36
15Recruiter$60,798$29
16Human Resources Coordinator$52,345$25
17Trampoline Team Coach$48,874$24
18Internship$39,387$19
19Administrative Assistant$38,462$18
20Production Operator$37,931$18

Discover Financial Services Demographics Summary

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Discover Financial Services Gender Distribution

Male
Male
42%
Female
Female
58%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Discover Financial Services. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Discover Financial Services has 17,600 employees.

  • 58% of Discover Financial Services employees are women, while 42% are men.

  • The most common ethnicity at Discover Financial Services is White (63%), followed by Hispanic or Latino (15%) and Asian (9%).

  • Discover Financial Services employees are most likely to be members of the Democratic Party.

  • On average, employees at Discover Financial Services stay with the company for 3.9 years.

  • The average employee at Discover Financial Services makes $63,974 per year.

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Discover Financial Services Employee Political Affiliation

Discover Financial Services employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Discover Financial Services employee was by David Nelms. David Nelms donated $105,200 to the Republican Party.

Parties

Democratic Party

67.5 %
-

Republican Party

31.2 %
-

Green Party

0.4 %
-

Other

0.4 %
-

Employee Political Donations

NameJob TitlePartyDonation
David NelmsBankerRepublican Party$105,200
Roger HochschildBankerDemocratic Party$50,900
Harit TalwarBankerRepublican Party$11,900
Diane OffereinsExecutive Vice PresidentDemocratic Party$11,850
Sharon WeinerClient Relations ManagerDemocratic Party$10,000
Thomas ClarkSenior Business ManagerDemocratic Party$9,955
Joseph LyonsManagerDemocratic Party$9,500
Arthur SolomonPresident/Chief Executive OfficerDemocratic Party$9,000
Mark GrafExecutive Vice PresidentRepublican Party$9,000
JAN KierOwnerRepublican Party$8,200
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Discover Financial Services Financial Performance

9.5
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1985

Organization type

Public

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Discover Financial Services Subsidiaries

Subsidiaries to Discover Financial Services include Novus. Employees at the parent company, Discover Financial Services, earn $63,974 whereas employees at Novus earn $32,116, on average.
Company
ascdesc
Average Salarydesc
Novus
Salary Range24k - 42k$32k$32,116
$24k
$42k

Discover Financial Services Competitors

Competitors of Discover Financial Services include Mastercard, American Express, and Citigroup. The wages at Mastercard average higher than the other similar companies, where the median salary is $110,179 per year. Employees at American Express earn an average of $83,823 per year, and the employees at Citigroup earn an average salary of $81,932 per year.
Companydesc
Average Salarydesc
Mastercard
Salary Range88k - 137k$110k$110,179
American Express
Salary Range62k - 113k$84k$83,823
Citigroup
Salary Range56k - 118k$82k$81,932
Capital One
Salary Range46k - 85k$63k$63,125
Santander Consumer USA
Salary Range41k - 79k$58k$57,518
MetLife
Salary Range38k - 80k$56k$55,795
Bank of America
Salary Range37k - 74k$53k$52,542
SunTrust Bank
Salary Range33k - 66k$47k$47,052
Fifth Third Bank
Salary Range34k - 62k$46k$46,105
Synchrony Financial
Salary Range29k - 71k$46k$45,884
$29k
$137k

Frequently Asked Questions about Discover Financial Services

When was Discover Financial Services founded?

Discover Financial Services was founded in 1985.

How many Employees does Discover Financial Services have?

Discover Financial Services has 17,600 employees.

How much money does Discover Financial Services make?

Discover Financial Services generates $13.0B in revenue.

What industry is Discover Financial Services in?

Discover Financial Services is in the financial services industry.

What is Discover Financial Services's mission?

Discover Financial Services's mission statement is "To help people spend smarter, manage debt better and save more so they achieve a brighter financial future."

What type of company is Discover Financial Services?

Discover Financial Services is a public company.

Who are Discover Financial Services's competitors?

Discover Financial Services competitors include Mastercard, Bank of America, Capital One, Fifth Third Bank, American Express, Commerce Bancshares, Citigroup, Synchrony Financial, MetLife, Santander Consumer USA, SunTrust Bank.

Who works at Discover Financial Services?

Roger C. Hochschild (President/CEO)

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Zippia gives an in-depth look into the details of Discover Financial Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Discover Financial Services. The employee data is based on information from people who have self-reported their past or current employments at Discover Financial Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Discover Financial Services. The data presented on this page does not represent the view of Discover Financial Services and its employees or that of Zippia.

Discover Financial Services may also be known as or be related to DFS Services LLC, Discover and Discover Financial Services.