Liquidity Services
2.6 of 5 42 reviews
www.liquidityservicesinc.com Washington, DC 1000 to 5000 Employees

Liquidity Services Reviews

Updated Jul 1, 2014
All Employees Current Employees Only

2.6 42 reviews

                             

54% Approve of the CEO

Liquidity Services Chairman and CEO Bill Angrick III

Bill Angrick III

(28 ratings)

36% of employees recommend this company to a friend
10 Employee Reviews Back to all reviews
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    I can't believe companies get away with this type of behavior

    Tester (Former Employee)

    ProsGot to work on technology which I love

    ConsNo 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 Senior ManagementManagement is the problem so I have no other advise.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Unbelievable stress.

    Anonymous Employee (Former Employee)

    ProsYou want to know what working an Indian shift, an EU shift, a US Eastern time shift, and a US Pacific time shift all in the same day for weeks on end is like? Ask people that work at Liquidity!

    ConsWhat's worse than the "Pro"? How about the toxicity of an environment that runs in to a brick wall time and time again and learns nothing, while people flee?

    Advice to Senior ManagementStart over. Learn a lesson.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Horrible Layoffs - Avoid this place

    Anonymous Employee (Former Employee)

    ProsGood location in downtown, good colleagues

    ConsThe 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!

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Not worth the stress

    Technology (Former Employee)
    Washington, DC

    ProsAt 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.

    ConsEverybody 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 Senior ManagementThe 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.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Good potential but a seriously mismanaged company with toxic work environment

    Anonymous Employee (Former Employee)
    Washington, DC

    ProsBetter 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.

    ConsThe 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 Senior ManagementQuit the company and hire better people in your stead.

    No, I would not recommend this company to a friend

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    Huge expectations and way, way understaffed

    Technology (Former Employee)
    Washington, DC

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

    ConsLots 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 Senior ManagementDo 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.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Not really a good company

    Anonymous Employee (Former Employee)

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

    ConsComputer 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 Senior ManagementConsolidate, streamline and remove the incestuous culture within management. Learn from past failures.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Poor Management

    Anonymous Employee (Former Employee)

    ProsCompany makes a lot of money

    ConsPoor Management - Managers are inexperienced
    Managers mislead employees - can not trust what they tell you

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Disorganized company, bad place to work.

    Anonymous Employee (Current Employee)

    ProsSalary is competitive with other companies in this market. Business model is sound. Benefits are decent but not great. Oversight in some areas is negligible.

    ConsThe company is growing like crazy but management and technical employees don't seem to have the talent or knowledge to bring all departments together leading to isolation and infighting. Lots of politics and squabbling between departments. There is a disconnect between management and worker bees. The lack of clear direction and organization puts a strain on most employees.

    No, I would not recommend this company to a friend

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    Missed growth opportunities

    Anonymous Employee (Former Employee)

    ProsThere is great teamwork among peers.

    ConsToo much micromanagement by leadership.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Liquidity Services reviews and ratings — including employee satisfaction and approval rating for Liquidity Services CEO Bill Angrick III. All 10 reviews posted anonymously by Liquidity Services employees.