General Growth Properties

  www.generalgrowth.com
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General Growth Properties Reviews

Updated August 4, 2014
Updated August 4, 2014
52 Reviews

3.0
52 Reviews
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General Growth Properties CEO Sandeep Mathrani
Sandeep Mathrani
26 Ratings

Review Highlights

Pros
  • There was growth opportunities in addition to a great work-life balance (in 8 reviews)

  • Good benefits, solid 401k, gym facility in building, lunch program for discounted rates (in 6 reviews)


Cons
  • There is no clear direction from upper management and the "fire drills" for information or tasks never end (in 6 reviews)

  • Good company to work with before it filed for bankruptcy (in 12 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Information is a one way street

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

    I have been working at General Growth Properties full-time for more than 5 years

    Pros

    Salary and benefits were excellent

    Cons

    Corporate decisions show a disconnect from actual experience in their shopping malls. CEO and senior management give speeches with backhand comments that chastise or condescend. Middle management tend to be time management gurus but fear "reorganization" so they are not honest when reporting up. Fear of repercussion has led to death of creativity.

    Advice to ManagementAdvice

    Hire employees who have worked in malls, or find a way to make communication a 2 way street between malls and the corporate offices. The impact of high level decisions continuously fails to be fairly evaluated because only success stories from the field are requested. Middle management screens reporting when high level decisions lead to field failures.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Tight Knit

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Development Representative  in  Chicago, IL
    Current Employee - Business Development Representative in Chicago, IL

    I have been working at General Growth Properties as an intern for more than a year

    Pros

    GGP is an extremely tight knit group with a high pay off structure that favors those that stick around for the long haul. Upward mobility is entirely possible and happens quite frequently. Each team is chosen by their leaders specifically in order to sponsor a positive team environment and the SVPs are always close at hand. Though the company is large, one can connect directly with their superiors.

    Cons

    It is easy to get pigeon holed into one department and as it is a larger REIT, things get lost in the chain of command. GGP values those that stick around for the long haul which can be great, but sometimes upwards mobility becomes stagnant, and for no good reason.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Learn a lot but little pay

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

    I worked at General Growth Properties full-time for more than 3 years

    Pros

    Great work-life balance, great people to work with, atmosphere is always changing, never boring

    Cons

    Pay is lower than expected, upper management has no idea what they are doing, very few opportunities for advancement.

    Advice to ManagementAdvice

    Take advice from properties and work with them. Meetings should be used to make a better quarter, not just to make people feel important and then do whatever you want to do,

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    A great company to be a part of

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

    I worked at General Growth Properties

    Pros

    GGP always looked out for their employees by activities or benefits along the way. They also provided ample training available for each and every position

    Cons

    Cut too many positions at once which made it difficult to do your job 100 with do many extra responsibilities added on.

    Advice to ManagementAdvice

    Involve hourly employees more in the events of appreciation. They deserve it too.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Disappointing, to say the least.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Development  in  Chicago, IL
    Former Employee - Development in Chicago, IL

    I worked at General Growth Properties full-time for more than a year

    Pros

    Good name recognition; overall strong sense of purpose and pride in "righting the ship" following the bankruptcy; no one seems to work much more than a 9-5, so there is a good work-life balance; from a strictly-business point of view, it seems to be headed in the right direction, so long as the long-predicted "death of regional malls" doesn't come to fruition.

    Cons

    The development department is a generally depressing place to work... lot's of bored older people in senior roles who seem tired of putting up with the mud that is slung at them by the company, and lot's of bored younger people who feel held back by the lack of promotability, creativity, and excitement. Seems like the young crowd joined the group to get in to real estate development, but are stuck in largely administrative roles with no career development; executives like the preach the importance of our culture, going as far as throwing million dollar + "culture retreats" for the whole company each year, but then seem to take pleasure in cutting employees down and practicing an extremely closed-door policy... this is particularly true in the development department; pays substantially lower than comparably companies, though the CEO seems to have no shame in taking home a record-setting $22M in 2013.

    Advice to ManagementAdvice

    If culture is so important to your strategy for the company, live by it yourselves... it is not enough to preach it if you've created an environment where people don't find you to be particularly enjoyable people to work for. The frequent CEO emails written by corporate communications team have become a bit of a laughing stock... it means much more if you communicate to employees in a way less reminiscent of a press release.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Lots of good people, also lots of bad upper-level managers

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

    I worked at General Growth Properties full-time for more than 10 years

    Pros

    Good benefits, good pay, good workers.

    Cons

    Many bad upper-level managers trying to climb to the top and advance themselves on the backs of people working for them. The rank & file employees are far more knowledgeable than most of the managers. Ever since the company filed bankruptcy and a new CEO came in a brought all his cronies into manager positions, the company could care less about the employees that actually do the work. There is no clear direction from upper management and the "fire drills" for information or tasks never end. They constantly change their minds what they want, because they don't know what they want.

    Advice to ManagementAdvice

    Promote people into management positions which actually know the job. Value the knowledge of the people who have brought the company to the place where you joined it and started reaping massive benefits from it.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounting Manager  in  Columbia, MD
    Former Employee - Accounting Manager in Columbia, MD

    I worked at General Growth Properties full-time for more than 10 years

    Pros

    There was growth opportunities in addition to a great work-life balance. Although there were many changes through the years, those qualities were not compromised.

    Cons

    As far as I can tell, there weren't that many cons. However, the uncertainty due to all the changes made working there just a little uncomfortable.

    Advice to ManagementAdvice

    None at this time.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Should be listed as a Best Place to Work in Chicago

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

    I worked at General Growth Properties full-time for less than a year

    Pros

    Friendly co-workers. Great work-Life balance. Good benefits. An excellent, phenominal work environment. Extra benefits like subsidized lunches, Summer Fridays, paid volunteer time, community service/social responsibility. Collaborative teams, good HR, people genuinelly care about you there.

    Cons

    Competitive to get into if qualified. But that can be expected in any large, highly networked company as attractive as GGP.

    Recommends
    Approves of CEO
  10.  

    Good Company-Upper Management Lacks Clear Direction

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

    I have been working at General Growth Properties full-time for more than 3 years

    Pros

    I very much enjoy my position at GGP. But with continuous reorganization within marketing and various members of the managment team giving conflicting direction it can be a very unnerving place to work. There are not clear goals, or is there even a general direction in any aspect regarding marketing. It has been that way for the past 3 years that I can speak for. Your superior will give you direction and then you will be scolded by the CEO on a property visit for simply doing your job. Once upper management changes, I feel that the environment will stabilize. The current CEO did a great job bringing the company out of bankruptcy. But as far as managing people, and marketing in particular, not his strong points.

    Cons

    I would say the cons are the lack of direction, it causes an impossible work environement for those looking to succeed.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Senior Design Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Design Manager  in  Chicago, IL
    Former Employee - Design Manager in Chicago, IL

    I worked at General Growth Properties full-time for more than 3 years

    Pros

    Great values and great people - down-to-earth, mutual, and positive

    Cons

    Recovering from bankruptcy in 2009, rebuilding.
    Would benefit from being more progressive and competitive

    Advice to ManagementAdvice

    Make GGP progressive and uber-green. Recruit the best, focus on the future 20+ years ahead and lead the industry in CSR, energy efficiency, and lower environmental impact.
    Make shopping malls national zero-energy business leaders - provide the example of how it can be done.
    Make your contribution to the retail real-estate sector revolutionary and game-changing for your industry and for the communities you serve.

    Recommends
    Positive Outlook
    No opinion of CEO

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