Ritchie Bros. Auctioneers

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Ritchie Bros. Auctioneers Reviews

Updated Apr 2, 2014
All Employees Current Employees Only

2.9 37 reviews

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Ravi Saligram


47% of employees recommend this company to a friend
7 Employee Reviews Back to all reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    4 people found this helpful  

    A company looking to hire cheap labor.

    Anonymous Employee (Current Employee) Lincoln, NE

    ProsThe company offers outstanding healthcare, comparable to that of Canadian healthcare. The office is located in a beautiful building with comfortable offices and offers a great work/life balance attitude.

    ConsThe company's salaries are far below market standard. They value their healthcare packages at over $10K and therefore reduce your salary by such. As the world's largest auction company with sales in the billions, employee bonuses are less that 100 dollars per year. No possibility for job growth, less than 6 managers within corporate for the entire United States division.

    Advice to Senior ManagementFor a company to grow in the right direction it must be lead by people who are passionate about their work, people who are skilled in recognizing inefficiencies and eager to develop upon that. For far too long Ritchie Bros as worked to obtain "cheap labor," this attitude has lead to much of the demise that the company currently sits. For an international, publicly traded incorporation to hire applicants with only a GED or associates degree to foster operations in the billions displays an obvious disregard for growth in the "right direction." It's no wonder employee turnover is so high, why over 80% of employees are over 30, and why hired college graduates only stay [on average] less than two years.

    Reconsider the type of employee that you're looking to attract, and then build your human resources and benefits policies around that desired individual. Great companies not only have employees work for them but work for their employees as well.

    No, I would not recommend this company to a friend

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

    1 person found this helpful  

    Some of the staff are great, but the over moral. is terrible

    IT (Former Employee) Vancouver, BC (Canada)

    ProsIf your connected or in with the right crowd your set. But everyone else is expendable.

    ConsUnrealistic expectations and time lines. It's really still and old boys network.

    Advice to Senior ManagementTime to purge the IT Management, All the really long term employee's are out of ideas and cling to the old ways.

    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

    2 people found this helpful  

    I wouldn't recommend people coming to work here.

    Anonymous Employee (Former Employee)

    ProsNice spacious building, lots of parking space.

    ConsBelow average salary. Office culture gets toxic real fast - everybody is very defensive and any time a big problem comes up, there's a lot of pointing fingers.

    Advice to Senior ManagementIf you really want to move forward with the company, continue to grow and upgrade all the old systems, then get rid of the employees who have been here for a long time. They are not helping with business growth if they're constantly resisting technological change and sticking with the old, safe procedures.

    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
    • Disapproves of CEO

     

    Bad salaries, advances only for those who play the game.

    Anonymous Employee (Former Employee) Burnaby, BC (Canada)

    ProsFree parking, some people were nice.

    ConsSalaries way below market value. Worked with people who were bullies. Anyone who doesn't "drink the orange kool-aid" deemed not a team player and treated like an outcast. Very highschool-like environment. Being harassed once a week to purchase 50/50 tickets for random charities got old real fast. Long-term temps treated like second-class citizens.

    Advice to Senior ManagementPay people properly. Stop rewarding those who don't deserve it. Stop ramming the company culture down people's throats like a cult.

    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

     

    Stagnant and fragmented

    Anonymous Employee (Current Employee) Vancouver, BC (Canada)

    ProsCasual Fridays. Some really great people.

    ConsPoor salaries, lack of innovation, no real insight into employee issues, lack of growth opportunities, and key leaders without the vision or skills to guide the company or manage people.

    Advice to Senior ManagementLearn to recognize the flaws within the company. Replace antiquated people in key roles. Empower and support the people who try to help the company move forward.

    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  

    OK

    Anonymous Employee (Former Employee)

    ProsNice work environment. Daycare. Cafeteria. Stable.

    ConsLack of career progression. No one cares. Favouritism prevalent.

    Advice to Senior ManagementToo much to change. Going after blue people is diversifying resources too much.

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

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

    1 person found this helpful  

    They are a mutli billion dollar company that's corporate headquarters is run like mom & pop shop.

    Anonymous Employee (Current Employee)

    ProsSenior management are excellent at communicating to their employees on all things Ritchie Bros. They also really believe they are doing well by their employees and seem to geniunely care about them as people.

    ConsThe biggest frustration working at corporate headquarters is the lack of business accumen by many staff and lack of management's knowledge of best practices in business. To top it off, they seem very unwilling to call in expertise from the marketplace to help with this. Overall, this makes it a very challenging place to work because I know how much better it could run but am powerless in my position to make serious change.

    Advice to Senior ManagementYou are a great bunch of guys but seriously, there are some areas need a major rehaul to be brought into the 21st century. It ain't 1960 anymore.

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