Discover Financial Services overview

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.
The staff at Discover Financial Services come from unusually diverse demographic backgrounds. The company is 54.8% female and 36.4% ethnic minorities. The diversity in Discover Financial Services employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 51.7% Democrats and 46.9% Republicans. Despite its impressive demographic and political diversity, Discover Financial Services has employees who stay with the company for relatively short tenures. Discover Financial Services staff members usually stay for 2.7 years. The average employee at Discover Financial Services makes $60,658 per year. Pay at Discover Financial Services is significantly lower than some of its highest paying competitors, like Morgan Stanley, Mastercard, and State Street, which pay $119,629, $113,126, and $96,230, respectively.
Discover Financial Services is an industry leader with 15,549 employees and an annual revenue of $7.2B 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

$7.2B

Employees

15,549

Founded in

1985

Headquarters

Riverwoods, IL

Website

discover.com

Organization Type

Public

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The team at Discover Financial Services

Key People
  • David Nelms (Executive Chairman)
  • Roger Hochschild (ceo)

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.
Show More
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 Reviews

Zippia Official Logo

3.0

Zippia UserJune 2020

3.0

Zippia Official LogoZippia UserJune 2020

What Do You Like About Working There?

The atmosphere was really fun! People were mostly all friendly Show More

What DON'T You Like About Working There?

Call center. I just couldn’t stay on the phone all day and sit Show More

What Are Your Favorite Benefits/Perks?

PTO! There was a lot of PTO available Show More
Zippia Official Logo

3.0

Zippia UserJanuary 2020

3.0

Zippia Official LogoZippia UserJanuary 2020

What Do You Like About Working There?

I don’t like working here. Show More

What DON'T You Like About Working There?

People are not friendly and pick favorites. Show More

What Are Your Favorite Benefits/Perks?

Insurance. Show More
Zippia Official Logo

4.0

Zippia UserDecember 2019

4.0

Zippia Official LogoZippia UserDecember 2019

What Do You Like About Working There?

they care about their employees Show More

What DON'T You Like About Working There?

work/life balance Show More

What Are Your Favorite Benefits/Perks?

they’re very attentive to your needs Show More
Zippia Official Logo

5.0

Zippia UserJuly 2018

5.0

Zippia Official LogoZippia UserJuly 2018

What Do You Like About Working There?

I enjoyed working each day there. Friendly people and helpful staff and training was good. Decent benefits and pay was good. I Would recommend to others seeking employment. Was a short commute for me too and it worked out well. Show More

What DON'T You Like About Working There?

There was a few bad apples there that i necessarily did not get a long with but did not cause any drama at work. Sometimes working a weekend day here and there wasn't the greatest. Breaks could of been a little longer and longer lunch. Just some things to knit pick at I guess, but overall pretty good. Show More

What Are Your Favorite Benefits/Perks?

Health Insurance and the 401 k was pretty nice. Worked out well for me having the benefits. Show More
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Discover Financial Services Rankings

Discover Financial Services is ranked #83 on the Best 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 $60,658 per year. Employees in the top 10 percent can make over $100,000 per year, while employees at the bottom 10 percent earn less than $36,000 per year.
8.2
Salary Score
Average Employee Earnings

Discover Financial Services Salaries By Job Title

While Discover Financial Services employees earn an average yearly salary of $60,658, different roles can command different wages. The higher paying positions at Discover Financial Services include Manager, Strategy, Data Engineer, Section Leader, and Team Leader. A typical Manager, Strategy salary at Discover Financial Services is $101,379. Some of the other roles at Discover Financial Services are Cashier and Customer Service Agent. A worker with the title Cashier at Discover Financial Services earns an average salary of $25,213 per year.

Discover Financial Services careers

On average, employees at Discover Financial Services stay with the company for 2.7 years. Employees most commonly join Discover Financial Services after leaving JPMorgan Chase. When they leave Discover Financial Services, they most frequently get their next job at Wells Fargo.

Average Length of Employment
Capital One2.9 years

Discover Financial Services

2.7 years
Top Employers Before Discover Financial Services
Walmart8.7 %
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Top Employers After Discover Financial Services
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Discover Financial Services Financial Performance

9.9
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 Competitors

Competitors of Discover Financial Services include Morgan Stanley, Mastercard, and State Street. Employees at Morgan Stanley earn more than most of the competition, with an average yearly salary of $119,629. The salaries at Mastercard average $113,126 per year, and the salaries at State Street come in at $96,230 per year.

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 15,549 employees.

How much money does Discover Financial Services make?

Discover Financial Services generates $7.2B 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 American Express, Bank of America, Capital One, Fifth Third Bank, Wells Fargo, Visa, Mastercard, First Data, Citi, The Hartford, Alliance Data, Commerce Bancshares, JPMorgan Chase, KeyBank, The PNC Financial Services Group, The Bank of New York Mellon, U.S. Bank, State Street, SunTrust Banks, Morgan Stanley.

Who works at Discover Financial Services?

David Nelms (Executive Chairman)

Roger Hochschild (ceo)

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You can find out what it is like to work at Discover Financial Services, also known as DFS Services LLC, DISCOVER FINANCIAL SERV, Discover, Discover Financial Services and Discover Financial Services, Inc..

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. 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. The data presented on this page does not represent the view of Discover Financial Services and its employees or that of Zippia.