GoldMax Reviews

Updated February 2, 2015
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2.5
26 Reviews
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Jordan Sadoff
5 Ratings

Employee Reviews

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  1. Great learning experience

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

    I worked at GoldMax full-time (more than 3 years)

    Pros

    Hours and pay are great, so is the working envoroment

    Cons

    Unstable type of business, definitely not a long term job.

    Advice to ManagementAdvice

    better communication through out the company is needed

    Doesn't Recommend
    Approves of CEO
  2. Expendable

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

    I worked at GoldMax full-time

    Pros

    Watch TV/Surf the internet all day. Staff is Friendly, Managers work with you one-on-one, Remote Management Team. Great if you like sales.

    Cons

    Lonely in a store by yourself for 8 hr/day. Staff treated differently at 3 levels including store level and headquarters. Owners can be rude to staff. If your not at headquarters or make high sales, you're expendable. What goes up must come down... gold prices were eventually going to plummet.

    Advice to ManagementAdvice

    Treat others with respect and dignity. I believe they are no longer open.

    Doesn't Recommend
    Negative Outlook
  3. If tricking financially desperate people to sell gold for a pitiful sum of money sounds like a good job, then . . .

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

    I have been working at GoldMax full-time (more than a year)

    Pros

    Working independently in a empty store all day getting paid to watch TV and surf the web.
    Meeting some genuinely nice customers and striking up conversation

    Cons

    Being trained to trick people to sell their gold or silver for as cheap as possible by schmoozing them up. If we couldn't buy the gold for less than 40% of the value we would get yelled at by district managers. The new trick was to mix all the jewelry together and call it costume jewelry so that we could buy all the real gold and silver with the fake jewelry for less than pennies on the dollar.

    The company began cutting employees hours drastically and laying off many employees in troves, with not more than a moments notice.

    Advice to ManagementAdvice

    Quit being so cheap and pay a fair price or go out of business already.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. Gold Buyer

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

    I have been working at GoldMax part-time (more than 3 years)

    Pros

    Great pay, great hours, great management. Fun people. Very flexible and treat employees fairly. Sundays off and Holidays off.

    Cons

    Gets lonely and boring sometimes if its a slow day as you are the only one working and managing a store. You dont get much of a raise but the pay is good to begin with so you have to keep that in mind. This job does not hold much of a security if you are in need of a job as the market determines the business however the pay, hours and flexibility is great for part time work and extra pay.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. Great for what it is

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Buyer/Store Manager in Huntington Beach, CA
    Current Employee - Senior Buyer/Store Manager in Huntington Beach, CA

    I have been working at GoldMax full-time (more than a year)

    Pros

    Plenty of time to catch up on movies and TV shows. They give you the freedom to manage your own store with pretty minimal supervision.

    Cons

    Our base price that we lead with is a bit unfair. Better structure in the company would've allowed us to offer a price that is a bit more fair.

    Advice to ManagementAdvice

    Better planning and structure would've helped in sustaining a profit even when the market is declining.

    Recommends
    Negative Outlook
    Approves of CEO
  7. Started off promising.....then all lies!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Precious Metal Consultant/In Store Trainer
    Former Employee - Precious Metal Consultant/In Store Trainer

    I worked at GoldMax full-time (more than a year)

    Pros

    The only thing I can say about working at GoldMax is that I was the highest paid person to sit around the last year and watch Netflix!

    Cons

    There were so so many cons, working 6 days a week, being promised things that never came to fruition. The pay raises were a joke, bonuses were based on factors you couldn't control. Upper management was out of touch and I am positive that the vice president that was brought in was brought in to close the California market. In one year we went from 55 stores to none. My store was closed after I had surgery, actually the day I got back from the surgery, they called and they had the audacity to tell me that it was due to the fact that the building we were in had leased the space to someone else and we had to be out by the end of the month. All the lies that were told was just the worst! What started out as a promising career when I started ended with such sadness. Those of us that worked so hard for GoldMax were treated with such disrespect that in the end that we all lost respect for them. Lies, lies and more lies!

    Advice to ManagementAdvice

    There is none now because they have closed all their stores!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. Not bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Gold & Diamond Expert in Schaumburg, IL
    Former Employee - Gold & Diamond Expert in Schaumburg, IL

    I worked at GoldMax full-time (more than a year)

    Pros

    A lot of downtime in the store to do whatever you want, working independently, pay not bad

    Cons

    hours never guaranteed, driving far distances, no commission

    Advice to ManagementAdvice

    This place will probably be gone within the next year so good luck.

    Doesn't Recommend
    Negative Outlook
  9. Pleasurable experience, Gold is going down"

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

    I have been working at GoldMax full-time (more than 3 years)

    Pros

    People, Culture, environment, bosses - Jordan Sadoff, not Scott Garber as noted on this

    Cons

    Gold is a fad, so are other things the entrepreneurs get into

    Advice to ManagementAdvice

    More communication!

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10. A great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Precious Metal Consultant in Lawrenceville, GA
    Former Employee - Precious Metal Consultant in Lawrenceville, GA

    I worked at GoldMax full-time (more than a year)

    Pros

    Great pay :) work with little supervision and customer service

    Cons

    It wasn't a long term job :(

    Recommends
    Negative Outlook
    Approves of CEO
  11. Started out great ended in shambles

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Precious Metal Consultant in Atlanta, GA
    Former Employee - Precious Metal Consultant in Atlanta, GA

    I worked at GoldMax full-time (more than a year)

    Pros

    Original owners were caring and wonderful.

    Cons

    As market started to slow, original owners brought in investors who systematically showed blatant racial discrimination to persons of color and senior employees.

    Advice to ManagementAdvice

    Please continue to be the upstanding company you WERE whether this venue or something different in the future. Value employees based on performance not on personal vendetta.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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Diamond Ring Appointment

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