Northland Investment Corporation

www.northland.com
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Northland Investment Corporation Reviews

Updated July 29, 2015
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3.3
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Steven P Rosenthal
4 Ratings

10 Employee Reviews

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  1. Great place to work!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Leasing Consultant in Manchester, CT
    Former Employee - Leasing Consultant in Manchester, CT

    I worked at Northland Investment Corporation full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company is great at keeping you up to date on federal regulations and guidelines and the benefits are great too!

    Cons

    Working on a very large property can be incredibly challenging. (The knowledge and experience you gain is invaluable. Stay positive!!)


  2. Small company perks

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Leasing Consultant in Saint Petersburg, FL
    Former Employee - Leasing Consultant in Saint Petersburg, FL

    I worked at Northland Investment Corporation full-time (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great staff and the company as a whole really values its employees.

    Cons

    The Florida market is so small there is hardly room for advancement without moving across the state.

    Advice to Management

    Spend more money on your older communities or sell them.


  3. More Revenue Driven Vs. A positive work environment

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

    I worked at Northland Investment Corporation

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    They will offer a semi-decent salary if you are in management. They also offer housing for only a monthly rent of $25.00 if you would like to live onsite where you manage. This can save you a lot of money obviously if you are not paying rent. They do have a lot of policies to help guide you so everything is defined.

    Cons

    They seem to care more about revenue than the employees. Not a lot of help or support. Especially if you are short staffed. They dont believe in really giving a helping hand. You will work many hours and run yourself into the ground just to keep up. They dont really care about your health and what it does to you. Lastly, they dont spend the necessary money to keep up and compete in the Austin market on their buildings. They are very very cheap and just let everything fall apart but continue to drive rents as if it were a new product, then expect us to sell this to people and renew leases. The morale is very low and I would not recommend this company to anyone. Especially if you have a family. You will never see them. All of the software you use us not user friendly and consumes so much of the managers time that it is difficult to actually get out and manage the asset.

    Advice to Management

    Take note of your local competition in the area and how these companies are retaining employees. Stop charging so much for benefits, and offer more competitive wages for those who do not live onsite. Austin Economy is booming and cost of living has increased by 33%. Therefore to keep happy, alert, productive employees look at your structure and how you manage. Support your managers and allow them to call a staffing company when the properties are down on maintenance or leasing. Allow your managers to make some decisions and manage the property.


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  5. corporate

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

    I have been working at Northland Investment Corporation full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    people were nice. benefits were good.

    Cons

    very sales oriented. So many sales did not involve commission. horrible time off schedule

    Advice to Management

    pay better, listen to employees


  6. Helpful (4)

    Happy Overall, Room for Improvement

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

    I have been working at Northland Investment Corporation full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    *Room for growth, especially in markets with lots of properties (TX, FL) *Nice perks - discounted apartment for all positions, DEEPLY discounted for Maint. Lead and CM *Awesome people. I truly love my team - including my RM - they are most of the reason i've been here so long. *Year end bonuses - a lot of other companies have done away with these *Encouraged personal growth

    Cons

    *Money driven, sometimes to the extreme. Sometimes things don't get done on the property that badly need to be addressed. Lots of 'maybe next year' mentality. When things do get done, it's always to the cheapest person, even if it is not a reputable company. *No bonuses for ACM performance or NOI *No site-level ability to make concessions or negotiate rents - we often are not able to 'do the right thing' because of corporate money making mentality. *Low renewal bonus structure, often don't even get any because of extremely high increases and have to meet certain percentage (the high increases work not only against residents but against office staff too) *Salaries are lower than most other companies and raises are very small - they also make managers 'decide' their own raise, which of course puts us in an awkward situation to give more to our staffs and take less for ourselves. *Poor communication between departments *Employee salaries are often accidentally sent to the entire portfolio on certain reports.

    Advice to Management

    I would love to see some more 'employee' appreciation. Yes, you offer awards sometimes, but employees want a fun day - something that shows you appreciate ALL of us rather than just a couple here and there. I would also love to see the company be more generous with the raises and bonuses, I think we would have much lower turn over if this structure was looked at more closely. I make only $9,000 more than I did as a Leasing consultant than I do as a Manager - -and at least with Leasing I got comissions. So really, I do much more work for almost the same pay. I also know I make less money than less adequate employees and have been with the company twice as long. That doesn't make sense to me. People coming from other companies already are a step ahead in pay grade because they are coming from companies that paid more. This doesn't seem right and I think this is why they lose so many good people so often.


  7. Helpful (1)

    Great company!

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

    I worked at Northland Investment Corporation full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    My Community Manager was extremely supportive and really made sure she always led by example . I was fortunate to have been trained by one of the best Community Manager's in the company who encouraged personal growth and development. The company promotes a healthy work, life, balance! Intelligent Senior Management. AMAZING HR and Benefits Department.

    Cons

    Compensation was low for the amount of work expected. I did not feel same support from upper management in terms of encouraging growth and development for the ACM's. No incentives/bonues for ACM's. SOME of the people inTraining and Development department can be unpleasant which in turn would make you never want to call or email them for help.

    Advice to Management

    I really believe you should compensate better across the board to your people on site who make all the magic happen and VALUE your ACM's and have better incentives for delinquencies, bonuses, etc. Northland really is such a great company. I think they need to re-evaluate across the board in order to get to the next level. The competition is fierce out there and you have to be able to compete or you will lose good people.


  8. Helpful (1)

    Great place to gain industry experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Property Manager in Danvers, MA
    Current Employee - Assistant Property Manager in Danvers, MA

    I have been working at Northland Investment Corporation full-time (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great work-life balance, decent management, good benefits. Northland Investment Corporation is a good company to work for if you are in a market where they own a lot of property. If you can get your foot in the door, you can have your job for life.

    Cons

    Northland Investment Corporation underpays across the board. Whether it is management, service techs, or leasing staff. The company is still constantly making senseless changes to policy and procedure and they seem to hold on to complacent, and/or lazy employees rather than taking the time to hire qualified professionals. Limited room for advancement if you are in a market with limited properties.


  9. Helpful (2)

    Large Company that doesn't like to spend a lot of Money.

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

    I have been working at Northland Investment Corporation full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great amount of room for growth, continuous education

    Cons

    The dress code was changed multiple times. Men were required to wear ties, and women blazers, even during the summer. Summers in Texas= 100 degrees. Bonus structure is archaic. While other companies pay 20% of rental price bonuses, Northland is still giving the standard $35 for five leases, $50 for the next five and then $75 for after that. The payment structure changes, half of the year you don't get your bonuses until two months after residents move in, and sometimes it's the next month. Very high turnover, causing offices to be short staffed for long periods of time More work needs to be done with exteriors of some complexes. The pricing doesn't reflect the product.

    Advice to Management

    Change your bonus system so that you don't lose great employees to other companies. Other companies offer NOI and delinquency bonus' as well.


  10. Helpful (1)

    Good Place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Newton, MA
    Former Employee - Accountant in Newton, MA

    I worked at Northland Investment Corporation

    Pros

    Good place to work if you have a family, they stress a good work/life balance. They have a nice location with parking and the senior management seeks ways to please the staff through events and a pleasant work environment. The overall structure is transparent. I think they have a gym now as well and the holiday party/summer party that are pretty fun. They are still growing so there's a good amount of advancement potential as well.

    Cons

    The pay package is lower than elsewhere, the management structure changes fairly frequently and there is some uncertainty there. They have competent staff but there are some real slackers.

    Advice to Management

    More transparency, pay more for better people and you'll need less of them.


  11. Helpful (2)

    They were a great company to work for until the last 2 years. A lot of politics to deal with and cut-throat mindset.

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

    I have been working at Northland Investment Corporation full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    A lot of autonomy to perform your job well. One of the key players at the corporate office was very progressive and sincerely helped you to achieve goals.

    Cons

    The politics and games at the corporate office are intense. If you are not liked you won't work for them for long no matter how great you perform.

    Advice to Management

    People are human and make mistakes. Let their history and performance speak before taking improper corrective action.



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