MDC Holdings

  www.richmondamerican.com
  www.richmondamerican.com

MDC Holdings Reviews

Updated October 8, 2014
Updated October 8, 2014
16 Reviews
2.7
16 Reviews
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MDC Holdings Chairman and CEO Larry A. Mizel
Larry A. Mizel
11 Ratings

Employee Reviews

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  1.  

    Good business, but volatile job security

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer in Denver, CO
    Former Employee - Software Developer in Denver, CO

    I worked at MDC Holdings full-time (more than an year)

    Pros

    When they value you, you know it. They spend effort in keeping you informed on how you fit in to the overall picture. They make no bones about they are in the business of selling houses so you need to constantly present yourself in a way that tells them how you help them achieve that goal.

    Cons

    Your job security is closely related to how the housing market fairs. Unexpected downturns in the market leads to layoffs very quickly. Just to prove my point a very telling description of the CEO's behavior to a person who had been working there less than a year. "Don't worry, he waits one year before he eats his young."

    They are not effective in addressing coworker atmosphere problems. I watched for a year as an employee with a known acerbic personality reek havoc on his fellow employees and nothing was done to address the problem. Instead they put him in a more visible position so more people could be affected by it.

    Advice to ManagementAdvice

    Forcing people to dress in business attire all the time does not mean your office culture is professional.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  2.  

    Good People, Company Challenged by Economy

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

    I worked at MDC Holdings full-time (less than an year)

    Pros

    Most of the people are great to work with at MDC. When times are good in the home building economy times are great at MDC. There is a sincere desire to grow and perform at the top of the list of home builders in the country. Original leadership still in place who built the company from the ground up.

    Cons

    As in many cases, miscalculation and risks in a challenging industry can leave many people without a job. This company seems to find value in it's strategic investments rather than it's people. Compensation is extremely low.

    Advice to ManagementAdvice

    Two pieces of advice: first to the executives, seek out wisdom and advice from the leaders in your company. The difference between where you are and where you want to be may be limited by your desire to micro-manage your company. Second, find value in your people before you invest in risky indevours.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  3.  

    Awesome people to work with

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

    I have been working at MDC Holdings full-time

    Pros

    Proven sustainability through rough times in the last few years.

    Cons

    Opportunities are limited unless you are in the right business unit.

    Advice to ManagementAdvice

    Encourage professional development and competitive salaries for all areas for better retention.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    MDC Holdings a great place to work

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

    I have been working at MDC Holdings as an intern

    Pros

    culture, pay, hours love it

    Cons

    its a good comapny to work for that cares for its employees

  6.  

    Great

    Current Employee - Attorney in Denver, CO
    Current Employee - Attorney in Denver, CO

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

    Pros

    Wonderful people and great work environment except during downsizing

    Cons

    Real estate market crumbling and many people lost their jobs

    Advice to ManagementAdvice

    Be more considerate of the vulnerable, older workers or those who can't easily find other work

    Approves of CEO
  7.  

    Any port in a storm

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

    I have been working at MDC Holdings

    Pros

    Still employed during hard times.

    Cons

    Cutting edge management philosophy....for 1890. Classic management 101 mistake; give an employee responsibility with no authority.

    Advice to ManagementAdvice

    If you don't want your people to make decisions and take ownership of their responsibilities, then don't hire qualified professionals. It leads to dissatisfaction and low morale.

    Doesn't Recommend
    Disapproves of CEO
  8.  

    Short and not to sweet

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO

    I worked at MDC Holdings

    Pros

    Great people to work with from mid-level management down.

    Cons

    Exec leadership is a one way street. Right or wrong. Many sr. mgrs are placed in the wrong position. Culture and moral is non-existent.

    Advice to ManagementAdvice

    Focus on your people and the business will improve. Take away good people and you will continue to struggle.

    Doesn't Recommend
    Disapproves of CEO
  9.  

    Challenging

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

    I have been working at MDC Holdings

    Pros

    The company is well positioned to move forward with any improvement in the current home building economic climate. They are conservative in their leadership style and will be in business a long time with their strategies.

    Cons

    The benefits continue to shrink each year as with most companies. Over the past few years, RIFS and voluntary resignations have resulted in a significant loss of talent.

    Advice to ManagementAdvice

    Find the balance between stock holder expectations and employee satisfaction. Sometimes cutting compensation and benefits cost more in the long run when real talent (aka productivity) walk out the door.

    Approves of CEO
  10.  

    Fair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Mechanic in Hartford, CT
    Current Employee - Mechanic in Hartford, CT

    I have been working at MDC Holdings

    Pros

    Good Pay & benefits. Good insurance

    Cons

    No time off. Hazardous wirking conditions

    Advice to ManagementAdvice

    Boot the all!

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Terrible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Account Coordinator in Denver, CO
    Former Employee - Account Coordinator in Denver, CO

    I worked at MDC Holdings

    Pros

    GOod place to get into the denver market place but would get out while you can! The majority of the graphic designers are very talented and try their best to make the boring work tolerable.

    Cons

    Incredibly dull advertising campaigns. Senior management is outdated and has no idea how to treat employees. Had to work 15 hour+ shifts and had to clock out so I would not go over in hours. Get out while you can!

    Advice to ManagementAdvice

    Get new advertising campaigns. Pay people what they are worth. Quit going with the horrible 80's stuff that only middle aged old people like.

    Doesn't Recommend
    Disapproves of CEO

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