Liquidity Services

  www.liquidityservices.com
  www.liquidityservices.com

Liquidity Services Reviews

Updated August 16, 2014
Updated August 16, 2014
51 Reviews
2.2
51 Reviews
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Approve of CEO
Liquidity Services Chairman and CEO Bill Angrick III
Bill Angrick III
33 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

10 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    So-So

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Forklift Operator in Cranbury, NJ
    Former Employee - Forklift Operator in Cranbury, NJ

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

    Pros

    I enjoy operating warehouse equipment (forklifts, reach trucks) so the job was familiar and I had fun doing it. The benefits were pretty good and my coworkers were cool.

    Cons

    Lousy pay, no room for advancement, micromanaging general manager who didn't know how to treat employees. Goals that were not attainable and regularly forced us to work our weekend. I can't speak for any other location, but I worked in Cranbury, NJ and it would have been a decent place if not for the poor management style and degrading nature of the management.

    Advice to ManagementAdvice

    Show your subordinates some respect and we'll go above and beyond for you. Disrespect us and, well we don't get paid enough to put up with being talked to like children so... you'll have a lot of turnover.

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

    interesting overall decent but unable to advance

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

    I have been working at Liquidity Services full-time (more than 5 years)

    Pros

    Benefits are decent, they do offer fun benefits and activities like Christmas parties, summer activities, weight loss competitions. Located in a good location downtown and metro accessible with parking discounts if you drive. 401k with percentage to match.

    Cons

    There isn't much flexibility with schedules and work life balance, sometimes a hassle only a few have work from home options. Have not seen room to advance or many career opportunities. The same people get promoted or acknowledged, hard to be able to be rewarded for a job well done.

    Advice to ManagementAdvice

    Provide more training and better work to life balance. Give career opportunities and advancement based on experience and not just eduction.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 3 people found this helpful  

    Channel Optimization Associate

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

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

    Pros

    Good management. Fun, young team.

    Cons

    Poor work/life balance. Little incentives, opportunities to advance.

    Advice to ManagementAdvice

    Provide incentives, better opportunities to advance

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 3 people found this helpful  

    The Mighty Have Fallen!

    • 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 3 years)

    Pros

    I absolutely LOVED this company up until March 2013. The people were just great...folks you're happy to work with as well as ok to grab a beer with when the work day was over. Trust me, many beers were grabbed several nights per week. It didn't matter which department you were in. The base salary, bonus plan, and equity package made this place super attractive as well. Unfortunately many of these "pros" are no longer applicable at this company.

    Cons

    If I had done this review a year ago, it would have been 5 stars all the way. However, the company changed for the worse in Spring '13 and has not come close to recovering ever since. Led by an arrogant CIO, many "legacy" employees who were in IT, Product Mgmt, Corporate Marketing, etc. suffered greatly during this transition. Anyone with a brain knows that change is a part of any organization but when the changes are perpetuated by lies, deceit, and a general lack of caring for the employees that drive the business - that's a sure sign that it's time to roll out! The incentive plans and equity package are no longer a carrots to draw in and/or retain top talent. This ship is sinking faster than anyone will admit too.

    Advice to ManagementAdvice

    People are your best asset - treat them as such.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Just ok

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

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

    Pros

    Attractive industry, learning opportunities, location

    Cons

    slow growth, very manual work

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Industry leader, still getting organized

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

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

    Pros

    When I first started working at Liquidity Services they had just bought out Network International. The work culture was great, small business flexibility with the capital of a large company. The work was hard and intense but after achieving great results they were very generous.

    Cons

    Once Liquidity Services started to really take over more and more perks were diminished. The office politics was at a ridiculous level, I spent half my time performing CYA task then actually getting work done. They would change policies at the drop of a hat, leadership was greatly undermined by lesser management.

    Advice to ManagementAdvice

    Trust but verify, a great deal of time and money is spent to train personnel but not everyone is held to the same standard. Small mistakes are going to happen, learn from them and move on. Large mistakes are overlooked according to seniority and should be further examined. Stop expecting everyone to play the same game when you keep changing the rules.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 3 people found this helpful  

    In a transition (2013) (Godove Industry)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Accountant in Owings Mills, MD
    Former Employee - Staff Accountant in Owings Mills, MD

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

    Pros

    Liquidity services is a big company based out of Arizona. I worked for one of their subsidiaries (GoDove Industry). The salary offer was 56k which was a very good compensation for the area as a staff accountant. They still had an old group insurance policy which are rare theses days which meant having an excellent insurance coverage as well as dental coverage. The office was all internal which meant minimal customer service and constantly answering phone calls.

    Cons

    The company had just recently been bought by liquidity Services, inc., so there was alot of company restructuring at the time. They hired me to handle an international account that was not up to par but had to bring up to par to be compliant with SOX. Management expected me the problem to be overnight.

    No one showed me how to navigate database, i had to learn on my own. Managers kept interaction minimal. Cared more about what was happening in their own world. The other employees found out the salary i was making and were angry. They despised me. Especially this one young girl. She disliked me so much, everytime I talked at a group lunch or meeting, she would look the other way.. She had been with the company for quite some time and felt entitled.

    Advice to ManagementAdvice

    Just found out one of the managers is no longer there.

    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Overall a good experience with lots of growth potential

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

    I have been working at Liquidity Services full-time (more than 5 years)

    Pros

    Growth potential is good, though new hires tend to think they know more than they actually contribute

    Cons

    A lot of pressure coming from supervisors, little reward

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    LSI

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

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

    Pros

    The company is making strides and has come a long way

    Cons

    It needs a lot of work on culture, leadership programs and advancement opportunities.

    Advice to ManagementAdvice

    Need to provide support to their employees and good, clear direction.

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Similar to working at many small and growing company, a lot to do and very little cohesiveness.

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

    I have been working at Liquidity Services

    Pros

    There are some very intelligent and experienced managers and employees. The industry is growing and LSI is well positioned in it.

    Cons

    Internal communication needs to be clearer and less harsh. There is low moral and turnover is a regular occurrence for many of the teams.

    Advice to ManagementAdvice

    Management needs to invest more in staff development and technology. LSI could also improve communication and synergies for internal business teams

    No opinion of CEO

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