AIMCO Properties Reviews

Pros

Descent pay, good coworkers, and good relations with management. Laid back work environment.

Cons

The apartment complex is getting older and leasing apartments is tough. Leasing has to deal with a lot of concerns and maintenance issues. You have to work weekends and late hours.

Pros

The day flies by because you are so enormously busy.

Cons

Leadership does very well financially, but they justify miniscule pay increases and eliminating 401k matches. The system is designed to support upper management while over working the thin staff they created in the Regional offices and communities.

Advice to Senior Management

Fairly compensate your employees and put money into actually maintaining your buildings. You actually seem to believe your newly developed mission statement, but cutting employee hours and gearing everything to your own profit advantage borders on unethical.

Pros

Great learning experience on how corporate america works.

Cons

Lack of company loyalty to its lower level employees. Scripted company.

Advice to Senior Management

Remove scripts from sales process.

Pros

Provided me with a unique, once in a lifetime opportunity to build something of significance.
Some very dynamic, high-integrity leaders

Cons

Some very unethical, management by intimidation leaders
Never could decide between centralization and de-centralization
Employees always lost out to shareholders

Advice to Senior Management

Hold ongoing focus groups with employees.
Be committed to ongoing feedback and development.
Hold poor leaders accountable for their performance

Pros

Working for a company like AIMCO (Houston) was rewarding. As diversafied as AIMCO was and still is, I always knew I was a part of a team of professionals who strived for excellence, accountability and ownership of a job well done!

Cons

Seek a career outside of Multi-Family if you cannot or are unwilling to adapt to change. The industry is ever changing. If you do not have passion and are not willing to work hard, AIMCO is not the place for you to be.

Advice to Senior Management

Thank you for the years you invested in me as a valued team member!

Pros

Immediate supervisor was understanding of personal life challenges

Cons

No clear feedback of work performance
Expectations to work the equivalent of 3 people

Advice to Senior Management

Listen to employees and don't micro manage when asking for employee feedback.

Pros

reasonable compensation per industry standards

Cons

poor communication between upper mgmt and district locations - senior "mission" not fulfilled locally

Advice to Senior Management

more consistant follow-up with policies to ensure they are being properly implemented regionally and locally

Pros

Umm, it's a great location in the tech center?? The people that work there are generally very intelligent and the work is difficult

Cons

Not the best company to work for. They have gone through a lot of changes and the environment is high stress and frantic now for fear of everything shutting down.

Advice to Senior Management

It is unclear where AIMCo is going and the way that executives are acting...or reacting...to the economy scares employees into thinking the company will not be in existence for very long.

Pros

Good pay and great benefits

Cons

limited upward mobility within the company

Advice to Senior Management

non

Pros

What I enjoyed was the pay level, benifits, bonuses.........Aimco met or at times excelled in the industry along with being inventive in marketing, technical above the comps.

Cons

1. Unless you are 110lbs with a sparkling "Osmond" smile and can buy into the most horrific and hairbrain ideas, a promotion will never happen. I doesnt matter how well you meet your budget, keep residents happy and sell your property, you will be unpromotable if you are not that cheerleader.
2. Open jobs are filled before the job is posted company wide. Somebody that is more than quilified with a proven track record doesn't even have the opportunity to go thru the interview process.
3. management is also just a professional Babysitter-Management from a site level-all decision making has been stripped away. Micro-managed beyond but never use to be (which is a shame)
4. Upper management extremely poor at giving out "pats on he back" or "great job" (this I never understood-It's free a goes a long way)
5. poor hiring process.
6. Employee turnover is staggering (seen too many people who were great be forced out or walk away from their positions). And the ones that are questionable and set their own hours -they are the ones that grow within the company.
7. Upper management (due to lay offs) are so overwelmed-that they can not return phone calls or emails-and since site level can't make decisions with out consulting them-customer service falls between the cracks (this is bad business)
8. You will learn quickly also that "Your" opinion never matters and doesn't want to be heard.

Advice to Senior Management

First and foremost -listen to your employees, be accessible to them they are the ones on the front lines making the money and usually know what they are talking about. 2nd from the site level up..
management needs to be evaluated (this can be done with exit reviews that are no longer done).
Put the decision making back at a site level and back-up decisions made or be open to talk about them. Aimco has a bad rap and it is sad. It use to be a great company, my suggestion would to bring in a firm (and thats been done in the past) to get employees opinions, likes and diskikes to find out where Aimco is failing. Townhall meetings dont work. Employees are scared to speak their minds when asked and when they do ask they are ran around in circles and never truly get an answer.