General Growth Properties

  www.generalgrowth.com
  www.generalgrowth.com
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General Growth Properties Reviews

Updated September 12, 2014
Updated September 12, 2014
54 Reviews
2.9
54 Reviews
Rating Trends

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Approve of CEO
General Growth Properties CEO Sandeep Mathrani
Sandeep Mathrani
27 Ratings

Review Highlights

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

  • Good benefits - the pay is decent (in 7 reviews)


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

  • Middle management tend to be time management gurus but fear "reorganization" so they are not honest when reporting up (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Overall a good company to work for :)

    Current Employee - Property Accounting  in  Chicago, IL
    Current Employee - Property Accounting in Chicago, IL

    I have been working at General Growth Properties as a contractor for more than 8 years

    Pros

    Good benefits - the pay is decent. They try to promote a good culture. They have tuition reimbursement. Good 401K plan - 100% vested right away.

    Cons

    It all depends what manager or director you work for. It could be great or it could be hell. It's all politics.

    Advice to ManagementAdvice

    Professional development should be encouraged and rewarded.

  2.  

    Changing

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

    I have been working at General Growth Properties full-time for more than 8 years

    Pros

    Company is changing. Improving slowly financially after emerging from bankruptcy and is now stable. Good salary and benefits.

    Cons

    New executive team (especially the CEO) wants to constantly clean house and promotes an atmosphere of fear throughout the organization. Most of the employees work in an environment where they are afraid they will be terminated at any moment regardless of how well they perform. Want to be known for having a great culture but do everything they can to make it bad. Not a friendly or stable environment to work at.

    Advice to ManagementAdvice

    Change just for the sake of change is not a good thing. Recognize the good work that your people do and work to inspire them.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    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
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  5.  

    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
  6.  

    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
  7.  

    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
  8.  

    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
  9.  

    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
  10.  

    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
  11.  

    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

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