There are newer employer reviews for Ritchie Bros. Auctioneers

5 people found this helpful  

A company looking to hire cheap labor.

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

I have been working at Ritchie Bros. Auctioneers

Pros

The 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.

Cons

The 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 ManagementAdvice

For 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.

Doesn't Recommend
Approves of CEO

42 Other Employee Reviews for Ritchie Bros. Auctioneers (View Most Recent)

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  1.  

    Created the test cases, modified them (Testlink), logged the defects (Jira), kept tracking on the defects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - QA Tester
    Former Employee - QA Tester

    I worked at Ritchie Bros. Auctioneers part-time for less than a year

    Pros

    Good experience working on the challenging complex application with a good team

    Cons

    Communication (not enough with PM)

    Advice to ManagementAdvice

    improve communication skills

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    a bad experience, I wasted 5 years of my life. was a big mistake.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Territory Manager
    Current Employee - Territory Manager

    I have been working at Ritchie Bros. Auctioneers full-time for more than 5 years

    Pros

    there freedom at work with level of responsibilities.

    Cons

    poor non educated & non professional managers, messy plans, the whole company is based on trial & error. big corruption within the company management specially in the middle east.

    Advice to ManagementAdvice

    they need to get new professional managers who can restructure the organization, build good strategy & remove the mess.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Ritchie Bros. Auctioneers

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