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Working At SoFi

Industry
Financial Services
Revenue
Headquarters
Employees
1,383
Founded in
Website
Organization type
Public
Social media

Social Finance, or SoFi as they are known to millions, is a San Francisco based finance company that makes money simple. SoFi creates modern financial products and offers financial services that help people borrow, save, spend, invest, and protect their money as efficiently as possible. Their overall goal is to help people find complete financial independence.

SoFi CEO Anthony Noto, said, "From being at the forefront of student loan refinancing to employing the latest technology in our products, we are always working on new ways to bring our nearly one million members more opportunities to achieve their goals--no matter where they are in their financial journey."

Diving Into the Values at Social Finance

Value Driven

SoFi is very much a values-driven company. They say that their values define them. They have a thorough list of values that aren't just about what they do as a company, but how they do it. Those values are:

  • Members First: Members' interests always come first. In the long run, it will best serve the company's
  • Run After Problems: Building a culture where people extinguish fires early and don't let things fall through the cracks
  • Embrace Diversity: Everyone should and will feel welcome at SoFi. SoFi's team reflects society and they celebrate diversity
  • Get to the Truth: Make principle-based decisions.
  • Make Your Footprint Bigger Than Your Foot: SoFi says that selfless acts are critical to elevating beyond the impact of individual efforts
  • Do the Right Thing: If you aren't sure what the right thing is, do the harder thing
  • Be Gritty, Be Accountable: Set ambitious goals and hold yourself accountable for reaching them
  • Help People Grow: Take care of others. If you take care of them, they will take care of you
  • Iterate, Learn, Innovate: Every person in the company is responsible for innovation. SoFi embraces data-driven decisions
  • Be SoFi Missionaries: Be proud of the work you do, because it is work worth being proud of
  • Don't Forget to Smile: SoFi's ambition is contagious
  • Breanna Zumbrunnen, an Office Coordinator, said, "SoFi prioritizes its employees and its members. They also allow me to think outside of the box--which has helped me develop into a better individual both in my professional and personal life."

    The Culture at Social Finance

    A People Culture

    The culture at SoFi is built on collaboration and transparency, and on the company's set of values. One way the company encourages innovation and collaboration is through several company-wide meetings a month. These meetings keep employees informed and allows them a platform to speak up.

    SoFi employee Taylor Clark said, "SoFi is a dream come true -- working on innovative products across teams to help real people realize financial independence, being a part of the One SoFi culture, and having a passionate and engaged leadership team makes coming to work every day easy."

    It is also a place that people come to work to do work that helps people, betters their lives. Joy Gamble, a Mortgage Loan Originator, said, "SoFi gives me the opportunity to have a positive impact on people's lives. They also care about their members and their staff, and work hard to provide the best experience for both."

    The Office at Social Finance

    SoFi offices are open, collaborative spaces that are designed to get the best out of its employees. The HQ is located in the heart of San Francisco, and comes with all the amazing perks there are to be had when being located in such a culturally diverse place. But the company has locations all over the states, to be able to expand its customer reach as far as possible to align with their goals. The other office locations are:

  • Healdsburg, CA
  • Claymont, DE
  • Jacksonville, FL
  • Helena, MT
  • New York City
  • Dallas, TX
  • Cottonwood Heights, UT
  • Murray, UT
  • Reston, VA
  • Seattle, WA
  • The Benefits at Social Finance

    Benefits at SoFi are SoGood

    SoFi is a company that takes care of people. It starts with its customers but it extends into its employees. And SoFi takes care of its employees very well. A few things right off the bat that SoFi offers employees in the benefits realm are:

  • Competitive salary packages
  • Bonuses
  • Comprehensive medical, dental, vision and life insurance
  • Disability benefits
  • Generous vacation and holidays
  • 401k
  • Education on retirement planning
  • Up to $5,250 of tuition reimbursement a year
  • $200 per month toward paying off your student loans
  • A SoFi employee said, "Making the move to Sofi has been one of the best career decisions I have made. It's refreshing to work for a company that is truly invested in helping people achieve financial wellness. The energy and excitement here is fantastic."

    And that's just the tip of the iceberg. The company offers several wellness benefits, such as subsidized gym memberships, fertility programs, flexible time off, and family planning options. There are tons of chances to learn and grow at SoFi, as they offer all sorts of educational programs, in-depth training, leadership development programs, and mentorships.

    Doug Remington, a Wealth Strategy Associate, said, "SoFi's a great place to learn, grow, and apply your strengths. The team has a member focus in how we build products and works at an exciting pace to iterate daily."

    SoFi's mission statement

    Build innovative partnerships and investments that measurably improve lives.

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    5.0/5

    SoFi employee reviews

    Based on 2 ratings

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    SoFi employee reviews

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    Pros of working at SoFi

    Work Culture In team

    Cons of working at SoFi

    Higher management and politics

    SoFi benefits

    Bonus, lunch money, rsu’s and salary

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    The team at SoFi

    • The founders of SoFi are Tracy Palandjian, Ronald Cohen, David Blood and Mike Cagney.
    • The key people at SoFi are Tracy Palandjian, Ronald Cohen and David Blood.
    Key people
    Tracy Palandjian
    Ronald Cohen
    David Blood
    Mike Cagney

    SoFi rankings

    SoFi is ranked #95 on the Best Finance companies to work for in California 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.

    SoFi salaries

    Average SoFi salary
    $122,199
    yearly
    $58.75 hourly
    Updated March 14, 2024

    Rate the fairness of SoFi's compensation policies.

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    SoFi diversity

    9.5
    Diversity score
    We calculated SoFi’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of SoFi’s workforce.
    SoFi diversity summary. Zippia estimates SoFi's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated SoFi's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of SoFi's workforce.
    • SoFi has 1,383 employees.
    • 56% of SoFi employees are women, while 44% are men.
    • The most common ethnicity at SoFi is White (52%).
    • 24% of SoFi employees are Hispanic or Latino.
    • 11% of SoFi employees are Asian.
    • The average employee at SoFi makes $122,199 per year.
    • SoFi employees are most likely to be members of the democratic party.
    • Employees at SoFi stay with the company for 3.8 years on average.

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    SoFi office locations

    SoFi is headquartered in San Francisco, CA

    Biggest SoFi locations

    SoFi financial performance

    7.1
    Performance score

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

    SoFi currently has 773.4M in revenue. SoFi's most recent quarter produced 470.0m (q2'2023).

    SoFi annual revenue

    $4B
    $3B
    $2B
    $2B
    $753M
    $0
    2020
    2021
    2022
    2023
    2024

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

    SoFi may also be known as or be related to SOCIAL FINANCE INC, SoFi, Social Finance, Social Finance Inc, Social Finance, Inc. and Sofi.