Liquidity Services

  www.liquidityservices.com
  www.liquidityservices.com

Liquidity Services Reviews

Updated October 14, 2014
Updated October 14, 2014
47 Reviews
2.5
47 Reviews
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Liquidity Services Chairman and CEO Bill Angrick III
Bill Angrick III
31 Ratings

13 Employee Reviews Back to all reviews

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  1.  

    Impossible

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Liquidity Services

    Pros

    Fantastic opportunity to learn, grow, and contribute on an e-commerce platform. Some of the people you work with are very talented.

    Cons

    The hours, the poor project management, the turnover, and the wasted talent. It isn't a good place to work unless you're just that tough, ignorant, or highly paid. I personally know people who regularly go without sleep for days to work in LSI projects.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Full-time employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT in Washington, DC
    Current Employee - IT in Washington, DC

    I have been working at Liquidity Services full-time (more than an year)

    Pros

    Health benefits were above average and location is great. Lots of nice, hard-working team mates.

    Cons

    Senior leadership team seem to lack care or concern for their people. Bonuses were promised then suddenly taken away with no explanation even though we are working 60+ hours a week and doing the jobs of 2 people.

    Power, ego, and fear are how these individuals manage. There is no trust and it is a very toxic environment where these leaders will curse at you, call you names, talk about you in front of your peers. Now to make matters worse, the company just laid off the only people who seemed to care at all about us in HR.

    Advice to ManagementAdvice

    If you do not take time to repair all the damage you have done to us, LSI will fall. Open your eyes and focus on the fact that nearly all of the employees in IT have shared they are looking for another job with one another.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    This company is NOT good for your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Liquidity Services full-time (more than an year)

    Pros

    Location downtown DC, other than that there are no positives for working at this company.

    Cons

    Poor quality technology, poor quality managers. Bad general culture. Be careful, for you could loose several years of your working life wasting time at this very low quality company. Finally I would add that this is a no name company which future employers are unlikely to recognize.

    Advice to ManagementAdvice

    Break company up into logical units. Get out of low quality businesses. Create a coherent long term plan.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    The company's CEO sold his stocks, what does that tell you

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Office
    Former Employee - Office

    I worked at Liquidity Services full-time (less than an year)

    Pros

    General laborers are great to work with

    Cons

    Lies by management, miscommunication, hidding issues from the government, being told to "sweep things under the rug", no direction, constant argueing.

    Advice to ManagementAdvice

    You aren't looking for quality career employees. You're looking for people who will turn the other way in order to receive a paycheck. If the current class action lawsuit doesn't speak volumes.....you deserve what's coming.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    I can't believe companies get away with this type of behavior

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tester
    Former Employee - Tester

    I worked at Liquidity Services full-time (less than an year)

    Pros

    Got to work on technology which I love

    Cons

    No recognition for good, hard work whatsoever. Management is in another world. High turnover, I saw people coming in and out almost everyday of the week. Pay is low considering what the job is asking from you.

    Advice to ManagementAdvice

    Management is the problem so I have no other advise.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    Horrible Layoffs - Avoid this place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Liquidity Services full-time

    Pros

    Good location in downtown, good colleagues

    Cons

    The management doesn't care for its employees. You can be fired on the same day even if you work for 10 years there. In my period I saw people being laid off (IT Team) without any notice and we are talking about people who worked for 5-7 years for the same company. The new CIO is very arrogant and his policies have really hurt the company from spring 2013. I see even some good recruiters have moved away from the company. There used to be good people but everyone moved to better places. Do NOT move here by any chance!

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Not worth the stress

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technology in Washington, DC
    Former Employee - Technology in Washington, DC

    I worked at Liquidity Services full-time (more than 3 years)

    Pros

    At least in IT, you will get to touch everything. The technical people you work with are mostly very good at their jobs, and some of the IT management is also very good.

    Cons

    Everybody does everything all the time. Work hours? Are work hours somehow different from non-work hours? You might forget working there. 24 hours a day, baby, supporting whatever the business wants to do this moment. Project Management won't (or can't) control their projects to keep new features and requirements from constantly coming in, so you are left to meet the deadline for A, but delivering A and B and C and so on.

    Oh, and let's not forget the nearly constant work to support what is already in place. Big legacy stack that never goes away because the business can't decide what it wants to focus on, and most of the knowledge to support it got tired of this and left already, so when things break, they break hard.

    In a nutshell, this is a place with talent, and it is losing the talent because the business is driving them to interesting projects at other companies that don't run so lean.

    Advice to ManagementAdvice

    The CIO (L. C.) knows what he is doing. Please, please listen to him and give him what he needs to succeed. He can't succeed without 2x the current staffing levels, maybe more, and you need to adjust your expectations because they are killing the business. You have already lost some of your best minds, and the rest are one more incident away from walking to greener pastures.

    Also, do you want to be one company, or three? Seven? Ten? The fragmentation is killing you, and your employees. Clean house in the upper ranks, unite the company, let legacy die, and get a plan that doesn't change every hour.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9. 2 people found this helpful  

    Good potential but a seriously mismanaged company with toxic work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC

    I worked at Liquidity Services (more than an year)

    Pros

    Better than average benefits especially the 401k (Healthcare is good but not cheap).

    Some people (not upper management) are very smart and nice to work with but their ideas are not listened to.

    Could be good for people who want to gain experience in supply chain management and e-commerce which are rare in DC.

    Cons

    The company had a reorganization in Summer/Fall 2013 that led to a number of dramatic structural changes that were poorly communicated down the company's food chain and created an utter chaos especially in IT. The upper management has a lot of smart but really self-centric and borderline egotistic people who are driven by their personal hubris and not the greater good for the company. Most of the supply chain management people are former Amazon employees that were either let go or fired by Amazon.

    Work life balance situation is really out of control even by the beltway bandit standards. Yes, they will allow you to work from home occasionally but they will keep you working till like 1 am and then expect you to show up at an 7 am meeting with London or some other foreign time zone.

    Technology-wise they are trying to be ahead of the game (because they are REALLY behind) but there is no thought out enterprise architecture and everything is being done out of whim of the upper management. Important projects may drag on for months and stay underfunded while smaller and less important projects get done at all costs because one upper management megalomaniac said so.

    Project management processes are really immature and project managers are seen as coordinators/ scapegoats to deal with the fruits of the reorg driven chaos and overall lack of organization in the company. Very few project managers with real experience that follows any modern project management techniques and methodologies. Everything is super waterfall and they can't even get waterfall right let alone anything that even remotely reminds of agile.

    It was also unusual to see a lot of people who have been able to gain a lot of power through their knowledge of supply chain management in the field but proved to be complete bottlenecks in every project the company would take on. Those people intentionally sabotaged certain projects/activities to maintain that siloed power of theirs. Some key and smart people, who have greatly contributed to the company's growth, quit the company with no notice because of such individuals.

    The environment is extremely toxic and there is a general mistrust between different parts of the organization which contributes to greater senses of discontentedness for employees. Overall, it was the most horrible place I've ever worked at in my 10 year career and, trust me, I'm not bitter or emotional about it.

    Advice to ManagementAdvice

    Quit the company and hire better people in your stead.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Huge expectations and way, way understaffed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technology in Washington, DC
    Former Employee - Technology in Washington, DC

    I worked at Liquidity Services full-time (more than 8 years)

    Pros

    Lots of work to do. Lots of exposure to the work. Opportunities to stand out. Company appears to be growing and succeeding in its industry.

    Cons

    Lots of work to do. Like, 10 hours/day normally, 12 hours/day when busy, and you'll still be expected to go home and catch up on stuff. Extremely understaffed, everything is urgent. Pay is not in line with market, not even close, and especially for expectations. When I left, I got a job at 20% more annually and where a work day is still 8 hours most of the time. Would have left sooner if I'd known.

    Advice to ManagementAdvice

    Do a compensation review and bump the salaries to reflect the market and working conditions or risk high turnover. It isn't the late nineties any more.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Not really a good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Liquidity Services

    Pros

    Good location for those who like DC. Plenty of cash in the bank, although you as an employee will not benefit from this.

    Cons

    Computer systems are a complete mess, you as an employee will need to maintain this along with which ever hair brained scheme they put forward for partnering with 3rd parties.

    Advice to ManagementAdvice

    Consolidate, streamline and remove the incestuous culture within management. Learn from past failures.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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