Liquidity Services

  www.liquidityservicesinc.com
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Liquidity Services Reviews

Updated Jul 29, 2014
All Employees Current Employees Only

2.6 46 reviews

52% Approve of the CEO

Liquidity Services Chairman and CEO Bill Angrick III

Bill Angrick III

(31 ratings)

35% of employees recommend this company to a friend
13 Employee Reviews Back to all reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Join this company if you have no other place to go

    Senior Liferay Developer (Current Employee) Frisco, TX

    ProsDecent salary, compared to other companies

    ConsH1B 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 Senior ManagementInvest in some projection tools, don't just hire and fire people at will.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Big Company, No Love

    Warehouse Specialist (Current Employee)

    ProsDecent 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.

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

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

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

    Anonymous Employee (Current Employee)

    Prosgood health insurance, DC office location, interesting business model

    ConsThis 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 Senior ManagementTrain 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.

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    5 people found this helpful  

    Avoid at all Costs

    Manager (Former Employee) Washington, DC

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

    ConsManagement 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 Senior ManagementClean 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?

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    3 people found this helpful  

    Toxic Work Environment

    Anonymous Employee (Current Employee)

    ProsThis 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.

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

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    LSI employee

    Anonymous Employee (Former Employee)

    ProsGood benefits, growing company in important industry

    ConsLow salaries, little opportunity for advancement

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Not bad for an in-between job

    Anonymous Employee (Current Employee)

    ProsLeft alone to my own devices to do my job.

    ConsMoney isn't nowhere what I want

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    A brief review of Liquidity Services inc

    Anonymous Employee (Current Employee)

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

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Daily reconciliation of data

    Specialist (Current Employee) Washington, DC

    ProsNice office location in downtown DC

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

    Advice to Senior ManagementNothing to say

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Terrible culture, good place to learn

    Manager (Former Employee) Washington, DC

    ProsThe 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.

    ConsIf 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 Senior ManagementYou 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.

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

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