The Management Trust

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The Management Trust Reviews

Updated May 11, 2014

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All Employees Current Employees Only

2.4 7 reviews

33% Approve of the CEO

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William B. Sasser

(3 ratings)

43% of employees recommend this company to a friend
7 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    ESOP

    Accountant (Former Employee) Portland, OR

    ProsThe pay and benefits are good. It is a newer employee owned company so it is still evolving into an employee owned culture. It feels like a family business.

    ConsTraining is lacking. This is a fast paced business and everyone is too busy to help new people come in and get going. There is high turnover.

    Advice to Senior ManagementBecause HOA management is so difficult, focus on making the day to day administrative duties as simple/smooth as possible. Support those on the frontlines.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Setting themselves up for a buy-out

    Anonymous Employee (Current Employee)

    ProsOverall the employees are an excellent group. Pay is good if you take on a lot of work. They instituted an employee wellness program so you are financially incentivized to lose weight, have low blood pressure, etc. and they check you every year to see what level of benefits the company will pay for (better health = more money towards your benefits).

    ConsUpper management talks all day about the Employee Owned Stock Plan. The few at the top are very well compensated because they own the real stock in the company. The rest of the employees get the ESOP stock which is worth FAR less (this site will not let me disclose the formula to determine worth but it's a negligible amount of money). If you're vested (7 years) and leave, you can't collect anything from your stock in the first year and you get paid out over the next 5 years. There is zero match to the 401K. All this is public knowledge, if you know where to look.

    Upper management has questionable ethics at times and you will be pressured to do what they want at risk of your job. Again, this site does not allow me to elaborate but you can be steered away from a vendor you like for a "company preferred" vendor.

    For property managers, your salary is dependent on the number of accounts you manage, not by how well you manage them (as long as you keep the accounts). So staff is generally over-worked to the detriment of the clients.

    During inevitable downturns in the real estate market, expect layoffs (especially in accounting and support services but strangely not IT) because the top management needs to keep their salaries intact.

    Recently (2014), the company is slashing costs and trying to boost revenue as quickly as possible.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Very unorganized and very unprofessional.

    Administrative Assistant (Former Employee) Phoenix, AZ

    ProsThe property managers were very nice and very helpful when needed.

    ConsLack of communication, no promotions or pay raises.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    HOA's

    Anonymous Employee (Former Employee)

    ProsFeels like a family business

    ConsCompany doesn't make an employee feel stable in there job; every 4 years they have an employee turn around. They want to teach everyone about ESOP...but they should be teaching real classes on Management and there softwere.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    The Monarch Group - Good employee's at the property sites, poorly managed company at the administrative level.

    Association Manager (Current Employee) Palm Desert, CA

    ProsTheir pay and benefits are good, if you can tolerate no support from your administrative staff. The office in Palm Desert is a management disaster area.

    ConsPoorly trained and educated management staff who are inept. They rely on an outside human resources vendor to direct their every move. The onsite management at the property sites do not have a clue. They do not stand up for their staff when confronted by the inevitable angry volunteer board member. A majority of the time this results in the employee being put in a no win situation with the only result being the termination of the staff member. In my opinion this is a horrible industry to work in.

    Advice to Senior ManagementHire administrators with formal training, experience and education in the management field. The community management industry does not make a tangible item, their only marketable item is their management of the property and the staff that make all of that come together. The CCAM/PCAM designation was something made up by the industry to give the appearance of a real accredited higher education.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Okay if you are good at office politicing

    Anonymous Employee (Former Employee) Folsom, CA

    ProsGood coworkers, Nice new office

    ConsNo review of Managers performance

    Advice to Senior ManagementCreate more transparency between department management, employees and senior management. Have senior management be present and involved with employees. Get HR personnel.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    An innovative company in a tough industry.

    Anonymous Employee (Current Employee)

    ProsIt is an employee owned company (ESOP).

    ConsManaging Homeowners associations is a very tough and often unrewarding career.

    Advice to Senior ManagementKeep up the good work!

    Yes, I would recommend this company to a friend

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