Liquidity Services

  www.liquidityservices.com
  www.liquidityservices.com
Work in HR? Unlock Free Profile

Liquidity Services Reviews

Updated July 29, 2014
Updated July 29, 2014
46 Reviews
2.7
46 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Liquidity Services Chairman and CEO Bill Angrick III
Bill Angrick III
30 Ratings

13 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person 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 for less than a 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
  2. 1 person 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 for 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
  3. 1 person 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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 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 for 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
  6. 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 for 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
  7. 1 person 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
  8.  

    Not bad for an in-between job

    • 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

    Pros

    Left alone to my own devices to do my job.

    Cons

    Money isn't nowhere what I want

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    A brief review of Liquidity Services inc

    • 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

    Pros

    DC office location
    Good Networking opportunities
    Stock Price looks bullish

    Cons

    -internal politics
    -senior management does not know where to draw the line between politeness and impoliteness
    -hypocrisy
    - poor compensation and benefits.

    Advice to ManagementAdvice

    Senior Executives need to focus more on middle management. If you expect people to run the extra mile, then reward them for it.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Daily reconciliation of data

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

    I have been working at Liquidity Services full-time for more than a year

    Pros

    Nice office location in downtown DC

    Cons

    Needed to clean up the data first, a lot of manual work

    Advice to ManagementAdvice

    Nothing to say

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Terrible culture, good place to learn

    • 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 for more than 5 years

    Pros

    The company experiments with different things. The experiments fail more often than not, and I found those failures to be much more instructive than our successes. I learned a lot about business during my time there.

    Cons

    If you are interviewing at LSI, ask this question to every person you see: are you happy here? Watch their body language as they answer and draw your own conclusions.

    I would estimate that 50% are miserable, 20% are very unhappy, and the remaining 30% don't particularly care about work ("whatever, it's a job").

    Advice to ManagementAdvice

    You wrestle with the question of why your people underperform. It's because they are unhappy. They are unhappy because of your management style. You have managers who take pride in making people cry. You know this and yet you hold them up as examples of top performers.

    To the CEO, inter divisional politics are tearing your company apart from the inside. You need to take a more active role to get things back on track.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

Worked for Liquidity Services? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.