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Discover Overview

Industry
Financial Services
Revenue
Headquarters
Riverwoods, IL
Employees
17,600
Founded In
Organization Type
Public
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 come from unusually diverse demographic backgrounds. The company is 57.0% female and 37.3% ethnic minorities. Discover employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 64.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Discover seem to be happy. The company has great employee retention with staff members usually staying for 4.2 years. The average employee at Discover makes $61,535 per year. Pay at Discover is significantly lower than some of its highest paying competitors, like Mastercard, American Express, and HSBC Bank, which pay $99,226, $86,421, and $76,381, respectively.
Discover 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 offer this level of comprehensive educational assistance, because it truly reflects our commitment to employee advancement and our corporate mission, to help people spend smarter, manage debt better and save more so they achieve a brighter financial future.

3.3/5

Employee Reviews

Based On 10 Ratings

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Job Openings
613 Positions
Average Salary
$61,535 yearly

On This Page

Discover Employee Reviews

Employee Reviews
3.3/5

Based On 10 Ratings

Work At Discover? Share Your Experience
Employee Reviews
2.0
Apr 2022
Pros

It was a good company to work for till now.

Cons

Management and work life balance

Benefits

25 days of pto from day one

3.0
Aug 2021
Pros

I like the attitude upper management has.

Cons

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

Benefits

401k match as well as PTO including holidays.

5.0
Aug 2021
Pros

Great benefits and culture, great campus,

Cons

Slow to market, not aggressive, not a great location

Benefits

Great campus

Work at Discover? Share your Experience

Overall Rating*
Salary and Benefits
Management
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The Culture At Discover

Information provided by the company

The Team At Discover

Key People
Roger C. Hochschild

Discover Rankings

Discover is ranked #24 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 Salaries

8.6
Salary Score
The national average salary for a Discover employee in the United States is $61,535 per year. Employees in the top 10 percent can make over $102,000 per year, while employees at the bottom 10 percent earn less than $36,000 per year.
Average Discover Salary
$61,535
yearly
$29.58 hourly
Updated March 16, 2023

Discover Diversity

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.

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Discover. 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 has 17,600 employees.

  • 57% of Discover employees are women, while 43% are men.

  • The most common ethnicity at Discover is White (63%).

  • 15% of Discover employees are Hispanic or Latino.

  • 10% of Discover employees are Asian.

  • The average employee at Discover makes $61,535 per year.

  • Discover employees are most likely to be members of the democratic party.

  • On average, employees at Discover stay with the company for 4.2 years.

Discover Office Locations

Discover is headquartered in Riverwoods, IL

Discover Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying Discover Competitors

Competitors of Discover include Mastercard, American Express, and HSBC Bank. The wages at Mastercard average higher than the other similar companies, where the median salary is $99,226 per year. Employees at American Express earn an average of $86,421 per year, and the employees at HSBC Bank earn an average salary of $76,381 per year.

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Discover FAQs

When Was Discover Founded?

Discover was founded in 1985.

How Many Employees Does Discover Have?

Discover has 17,600 employees.

How Much Money Does Discover Make?

Discover generates $13.0B in revenue.

What Industry Is Discover In?

Discover is in the financial services industry.

What Is Discover's Mission?

Discover's mission statement is "To offer this level of comprehensive educational assistance, because it truly reflects our commitment to employee advancement and our corporate mission, to help people spend smarter, manage debt better and save more so they achieve a brighter financial future."

What Type Of Company Is Discover?

Discover is a public company.

Who Are Discover's Competitors?

Discover competitors include Mastercard, Bank of America, Capital One, Fifth Third Bank, American Express, HSBC Bank, Commerce Bank, Citi, Synchrony Financial, JPMorgan Chase & Co., MetLife, Santander Consumer USA.

Who Works At Discover?

Roger C. Hochschild (President/CEO)

Does Discover Financial Services Drug Test?

Yes, Discover Financial Services drug tests. The company drug tests all potential hires during the pre-employment phase. They also randomly drug screen current employees.

Discover Financial Services performs a drug test the moment you sign the paperwork accepting your job offer. The company has an in-house nurses station, allowing them to drug screen hires immediately. Failure of a drug test results in the company revoking the job offer.

What Is The Dress Code At Discover Financial Services?

The dress code at Discover Financial Services is business casual. Though, many employees report a casual dress environment, where employees may wear clothes like jeans.

However, open-toed shoes are prohibited.

Discover Financial Services allows employees to have visible tattoos, facial piercings, and unnaturally dyed hair. Although, tattoos must be deemed appropriate and inoffensive by management.

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Most Common Locations At Discover

Zippia gives an in-depth look into the details of Discover, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Discover. The employee data is based on information from people who have self-reported their past or current employments at Discover. 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. The data presented on this page does not represent the view of Discover and its employees or that of Zippia.

Discover may also be known as or be related to Discover, Discover Financial Services and Discover Products Inc.