Liquidity Services

www.liquidityservices.com

Liquidity Services Reviews

Updated January 3, 2015
Updated January 3, 2015
61 Reviews
2.4
61 Reviews
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Liquidity Services Chairman and CEO Bill Angrick III
Bill Angrick III
40 Ratings

Review Highlights

Pros
  • Good location in downtown, good colleagues (in 6 reviews)

  • good health insurance, DC office location, interesting business model (in 5 reviews)


Cons
  • Work life balance situation is really out of control even by the beltway bandit standards (in 5 reviews)

  • The hours, the poor project management, the turnover, and the wasted talent (in 3 reviews)

More Highlights

17 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Not very friendly

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

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

    Pros

    Good people and nice benefits

    Cons

    No advancement, low salaries compared to market, very little vacation time

    Doesn't Recommend
    Negative Outlook
  2. 8 people found this helpful  

    Absurdly boring office culture. It is the least collaborative, eerily quiet work environment I've ever been in - and I worked at a library in college.

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

    I have been working at Liquidity Services full-time (more than 3 years)

    Pros

    Office location.
    Health insurance.
    Some smart, helpful people in upper management roles.

    Cons

    Culture. Window-less cube setup. No training. Laundry list of operational inefficiencies.

    Advice to ManagementAdvice

    Listen to your employees and realize that it is difficult to work under someone who has never done your job before.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Lack of direction, disorganized. Some good folks but generally not those in charge.

    Current Employee - Anonymous Employee in Garland, TX
    Current Employee - Anonymous Employee in Garland, TX

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

    Pros

    There are some supportive team members around which can definitely make it easier to do your job. It can help make the work environment a little better.

    Cons

    There is a lack of effective communication between admin and employees. Don't expect to really grow in this position.

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  5. 4 people found this helpful  

    They need to get it together

    • 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 full-time (more than an year)

    Pros

    They're growing very fast (not sure how since they treat employees terribly), so if you start out in a lower level role, they'll quickly give you new things to learn and lines to add to your resume.

    Cons

    work-life balance is awful. They're headquartered in downtown DC and they expect employees to be able to get there on time every day at the exact same time. At the very least, they could offer some sort of flex scheduling... but again, this is all HR who, again, could care less about their employees and their well-being. The pay is also pretty bad considering they start asking you to take on more and more responsibilities but they don't pay you for the actual job you're doing.

    Advice to ManagementAdvice

    Get rid of the HR VP. He has no idea how to run HR. They are continuously changing how they do things and it never seems to work out. Every decent HR person left and there's probably only 1 or 2 HR folks that give a crap about the employees and their welfare. To the CEO - your people are your most important assets... I've heard you say it once or twice, and yet you have quite possibly one of the only people in the HR World that could care less about employees. Get rid of him and I bet you'll see a huge improvement.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 3 people found this helpful  

    Join this company if you have no other place to go

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Liferay Developer in Frisco, TX
    Current Employee - Senior Liferay Developer in Frisco, TX

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

    Pros

    Decent salary, compared to other companies

    Cons

    H1B visa holders don't even think
    No Road map for IT division
    Too many Directors and architects
    No work life-balance
    One liner requirements from Product owners

    Advice to ManagementAdvice

    Invest in some projection tools, don't just hire and fire people at will.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Big Company, No Love

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

    I have been working at Liquidity Services full-time (more than 10 years)

    Pros

    Decent pay, big company with a lot of opportunities.Some managers are good and some are bad.They do give you a holiday bonus and PTO.

    Cons

    Their a big company that does not care about employees I have been here for 11 years and they keep turning me down for a IT job when my credentials say I am qualified.

    Advice to ManagementAdvice

    Take care of employees that have been loyal, I have been here 11 year but I must leave and find another job

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 2 people found this helpful  

    Toxic work environment - work, work and work, no appreciation

    • 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

    good health insurance, DC office location, interesting business model

    Cons

    This company is a place where the only transaction between employee and employer is work + stress. Managers are not trained here. It takes effort to be a good manager; every good employee is not automatically a good manager and LSI really needs to understand that. Living proof of this exists in the astoundingly high attrition rate. Also, scope for career advancement appears to be earmarked only for a few well networked employees, the nepotism should be addressed.
    While handing out projects, managers need to take into account ( even if to a small extent) the interest of their employees. Senior management needs to learn how to treat their employees like human beings instead of tools that generate numbers.
    All this being said, the compensation is average.

    Advice to ManagementAdvice

    Train the managers to be better at mentoring. Look at other organizations and study their best organizational practices. The ratings on the glassdoor website provide a very realistic description of life at Liquidity Services Inc.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 5 people found this helpful  

    Avoid at all Costs

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

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

    Pros

    Work in an amazing location in downtown DC while getting an advanced course in what not to do in business and management.

    Cons

    Management is completely clueless and delusional. Bickering, in-fighting, inflated egos, and CEO yes-men are the norm while common sense and logic go out the window. There's been a mass exodus over the past few months by many long term employees who couldn't take it anymore followed by layoffs. Management-level employees who do nothing all day maintain their position for years while the hardest workers are driven into the ground. The office itself is a drab, sad, decaying coffin that does nothing for morale but no improvements will be made.

    Advice to ManagementAdvice

    Clean house at the VP level, they're doing more harm than good. Listen to your employees, review the exit interviews, actually make changes instead of having your PR and Comms people write glowing reviews on here to trick people into working at that sinking ship. Pay attention to the customers, have you read the online reviews lately?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 4 people found this helpful  

    Toxic Work Environment

    • 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 full-time (more than 3 years)

    Pros

    This is a great place to learn. By that I mean you will learn exactly what not to do. Hopefully you can then carry that breadth of experience into an interview for a new job. This company has so much potential, but it is squandered on projects with arbitrary timelines and self-imposed, pointless bureaucracy.

    Cons

    There is absolutely no leadership. Upper management (e.g. Directors, VPs and up) have no idea about what direction to take the company for long-term growth. Half of the folks in upper management want to keep things the way they have been for years (think cash-cow DoD contracts) and the other half want to implement what they did at other company's without thinking about current stakeholders. As a result, LSI takes on a vicious cycle where every 2 years there is huge round of lay-offs, intimidating top employees to leave by setting irresponsible timelines or simply "restructuring." Maybe they should restructure at the top.

    Advice to ManagementAdvice

    Focus, plan and invest in the everyday people who do so much work for below-market pay.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    LSI employee

    • 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 benefits, growing company in important industry

    Cons

    Low salaries, little opportunity for advancement

    Doesn't Recommend
    No opinion of CEO

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