W. P. Carey Reviews

Updated May 9, 2015
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2.5
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Trevor P. Bond
9 Ratings

14 Employee Reviews

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  1. Helpful (1)

    Accountant

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at W. P. Carey

    Pros

    Friendly work environment, smart and driven individuals.

    Cons

    Not many that i can think of.


  2. Great Firm

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

    I have been working at W. P. Carey full-time

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

    Pros

    Quality firm to work for.

    Cons

    I would look carefully what your growth potential is in whatever job you are offered - for you own knowlegde


  3. Helpful (1)

    Great

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

    I have been working at W. P. Carey

    Approves of CEO
    Approves of CEO

    Pros

    Good location, Good people....had a very nice experience working. Nice environment to learn and grow

    Cons

    less opportunities to grow at higher level


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Potential for Change

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at W. P. Carey full-time (Less than a year)

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

    Pros

    New CFO with great leadership and vision for change.

    Cons

    Old boys club enviornment will take time for real changes to be implemented.

    Advice to Management

    Seek advice of employees, both new and old to understand the issues within the company and across departments, as there are many areas to improve.


  6. Helpful (1)

    Well run, successful, not as much fun as it could be.

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

    I worked at W. P. Carey

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

    Pros

    Pleasant people, good compensation, successful company in the real estate sale-leaseback space

    Cons

    Many cubicles, low key, driven culture, lacking in camaraderie and communication.

    Advice to Management

    Improve communication with staff, reconsider the HR testing to get more diversity of personality types.


  7. Helpful (2)

    Room for improvement

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

    I have been working at W. P. Carey full-time (More than 3 years)

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Mid & lower level employees generally nice and nice to work with. Benefits are decent (although not as good as they used to be). Exposure to interesting real estate transactions world-wide. The CEO still seems to very much care about the employees and has genuine interest in the company & the morale of all.

    Cons

    Expectations are unrealistic, and the extremely poor planning of a new system implementation project has made employees very stressed and extremely burned out. New management brought in over the past few years has implemented changes in culture & general work environment that create a hostile and dissatisfied work place. The general mentality is that most upper management (not including aforementioned CEO) does not care about its mid to lower level employees, with continual empty promises that "it'll get better" while there is no indication that it will for the foreseeable future.

    Advice to Management

    Don't keep throwing unrealistic expectations at the mid to lower level employees and expect them to work 24 hours a day, 7 days a week to clean up messes that could've easily been preventable. Offer to help out every so often, or show some more support rather than just the "sit back while you sweat it out and fix it" type of attitude.


  8. Helpful (2)

    Company is going downhill. Still performing well but employees are demotivated and unhappy.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at W. P. Carey full-time (More than 3 years)

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

    Pros

    Good benefits, work is interesting. Company is a leader in its industry and employees feel proud about that. New systems being put in place should ultimately have a positive result on workload and processes.

    Cons

    Management is completely disconnected with the rest of its employees. New management that has been brought in over the last few years is trying to redefine the company and its culture. No value for the long history of success. Ridiculous expectations being set in accounting and IS departments.

    Advice to Management

    Stop hiring all new people and firing those who have worked hard to build company.


  9. Helpful (1)

    Old boys club...nepotism, nepotism, nepotism

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - N/A in New York, NY
    Former Employee - N/A in New York, NY

    I worked at W. P. Carey 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 benefits (in the looooooong run). If you can tolerate being another suit in a ship full of Borg.

    Cons

    The entire office culture is based on white, uptight, frat boys from family connections, stuffy Arian from Darien clubs and socialite wannabes with little to no intellectual curiosity to navigate real world business.

    Advice to Management

    Add mandatory diversity training to all levels of employees, including the Board and Executive Committee. The old fogey stogie era is over...it's time to get with the new. The CEO is yet another relative of William P. Carey.


  10. Helpful (1)

    "Micromanagement nightmare"

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at W. P. Carey

    No opinion of CEO
    No opinion of CEO

    Pros

    -Good benefits
    -Best company in the industry
    -Very smart, caring, co-workers

    Cons

    -Long hours
    -Extreme micromanagement
    -Poor sales management and very little awareness of whats going on on the ground level
    -Management likes to get rid of people very regularly to keep people on their toes

    Advice to Management

    -Learn to spend a little more time with the sales team. The effort is noted, but easy to see right through the veil.


  11. Not diversity. Nepatism

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

    I worked at W. P. Carey

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

    Pros

    They have good benefits for employees.

    Cons

    They barely hire minorities. They hire their relatives for top management. Work you to death with no appreciation.

    Advice to Management

    Dont make employees work multiple jobs just to save on cost. There should be no discriminaton against minorities and also practice equal pay.



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