Auction.com Director Reviews | Glassdoor

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Auction.com Director Reviews

Updated Apr 17, 2019

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3.9
72%
Recommend to a Friend
100%
Approve of CEO
Auction.com Chief Executive Officer Jason Allnutt
Jason Allnutt
1 Rating
  1. Helpful (5)

    "Leading the way"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Auction.com full-time for more than 10 years

    Pros

    This company is moving in the right direction in every aspect even though that may be hard to see for some at times. The leadership is moving faster than most can keep up with and even faster than they can communicate at times but they're doing their best to share the vision. On this path, all involved will benefit from this in one way or another, it takes a special group to do what they've done and an even more driven group to press forward.

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    Cons

    You have to know why you joined the journey, if you lose sight or perspective, it could get frustrating.

    Advice to Management

    Keep pushing the ceiling up while continuing to recognize the grass roots, even if they don't always seem to share the mindset. This company wasn't built on the few negative folks but with the hundreds of driven and dedicated Team Members who have pushed the company to this point.

    Auction.com2019-04-17
  2. Helpful (10)

    "Worst CEO Ever .... has destroyed the company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Auction.com full-time for more than 3 years

    Pros

    Auction.com technology was a top notch team with strong talent that delivered consistently. An amazing culture was built over the years which created a tight knit and supportive environment. A lot was accomplished over the years and the team was happy and stable. Every thing changed for the worst when the CEO rammed a misguided restructure early this year. Since the restructuring technology team is in a downward free fall

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    Cons

    Technology org has lost 25% staff and unfortunately majority of the them top rated – clearly evident from the high quality companies they are landing at - Turnover continues at a high rate and with the high quality departures team will have to be rebuilt. Hopefully things don’t crash before new staff is up to speed - Morale within the team is in the dumps, no body believes in the new org, the new leaders and the future of the company. CEO is never in the office, is disengaged and interested only in collecting the packcheck after acquisition - Junior level leaders have been put in charge of BU technology teams and they don’t have the experience to deal with the current situation. Their behaviors show no maturity or experience to build great talent and culture - Prior to the restructuring there were a lot of checks and balances in place for hiring, firing, compensation, talent bar, project allocations, risk assessment, roadmap reviews, prioritization, investments in new technologies etc. Now it is total chaos, who comes and goes and who gets elevated is opaque and based on whims of low quality leaders or reactions to emergencies - With the previous team there was a lot of pride and camaraderie in the technology team. All groups worked well together behind a single mission, it was a family pulling for a common cause. Now it a bunch of small highly politicized teams trying to make their BU leaders happy, who cares about tech or if it will work or scale. No pride left, just hang in there till you find the next gig. Org structure is so complex that it is impossible to get anything done. Number of new features and releases has dropped significantly after the restructuring. - In the past the tech team stood independently and made intelligent decisions around tech org and stack. In so many ways a counterbalance to non technology business leaders. Now there is no checks and balances for these leaders resulting in bad decisions and a very poor culture. The business leader for auction.com tried to do this with ten-x homes and failed miserably and burnt tens of millions of dollars which were written off. Rewarding failures again and again will be the final undoing this time - The new option plan that the CEO is trying to get people excited about is a joke! Performance based vesting is a one way contract that protects new owners and management, it also reduces employee ownership in the company. Another example of financial engineering by the CEO.

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    Advice to Management

    It is clear the tech talent will have to be fully rebuilt, the question is when does the new ownership realize the train wreck they are on and does the realization come before or after the wreck. My recommendation is to fire the CEO, get new positive energy at the top level, only way you have a chance to retrieve something from this mess.

    Auction.com2018-07-19
  3. Helpful (3)

    "Great Culture!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Irvine, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Auction.com full-time for less than a year

    Pros

    Everyone is very engaged in their job, open to helping and committed to the organization goals. There are many opportunities to move into different roles with different experiences. The new CEO is very transparent, he listens to what the employees has to say and is implementing change.

    Cons

    The technology is dated, this is recognized and it is being addressed. As is the case with any fast-growing company change is rampant.

    Advice to Management

    Build a solid entry level leadership program which has a mentoring component. There are a lot of first-time managers who need to better understand how to lead.

    Auction.com2015-08-15
  4. Helpful (2)

    "Auction.com's Pros Far Outweigh their Cons"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Irvine, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Auction.com full-time for more than 5 years

    Pros

    I have worked in a few different managerial capacities at Auction.com over the last 5+ years. The company has gone through several changes during this time, with the ultimate goal of becoming the leader in online real estate auctions. With that comes both good, and not so good, managerial decisions, which can ultimately have a trickle down effect on the employees of a fast-growing company. With that, the environment at Auction.com is very fast paced and rapidly changing. If this is not the work environment for you, you will most likely not have a positive work experience. However, if you work hard and feel comfortable in this type of work setting, the upward momentum is endless. Compensation is above average for those that are willing to put in an above average work effort. If you possess the experience and credentials necessary to succeed at your job, and you put in the extra effort to achieve success in your position, amazing opportunities are available. As with any fast paced company, there are managers in their jobs that were most likely promoted before they gained the experience and people skills necessary to be successful at their job. However, I have worked for some of the most talented managers here at Auction.com, who showed true dedication to their job and sincere consideration for their staff. I personally have never been "lied" to as another reviewer advised, but again, it's important not to confuse someone being dishonest with the company changing directions.

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    Cons

    Since the company has always moved at such a rapid pace, the communication of new initiatives and company changes are often delayed in transit to the line level staff. This can be frustrating to employees, and can ultimately be perceived as the company not being forthright with information. For myself personally, location is a con for me, as I drive about 60 miles into the office. However, the leaders to whom I have always reported have been flexible with my schedule.

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    Advice to Management

    Stay focused on timely communication to the staff. It is important for employees at all levels to know where the company is headed regarding new initiatives, as well as changing/discontinued business lines. Continue to place appropriately experienced management into their jobs to successfully lead the company, as well as their staff, to great success.

    Auction.com2014-12-23
  5. Helpful (2)

    "Slowly getting better...but still a ways to go"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Belmont, CA
    Positive Outlook

    I have been working at Auction.com full-time for more than a year

    Pros

    Unstructured environment means opportunity to broaden skills (but you have to take the initiative yourself, don't expect anyone to give you guidance - you just need to go do it) Some great co-workers who are super smart, but generally don't take themselves too seriously Recent executive additions (CMO, CFO) are very good and seem to be having a real impact Free lunch and well stocked kitchen with lots of snacks Overall compensation is better than average for similar sized companies Google seems to be having a good impact on the company

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    Cons

    You may not be recognized or compensated for your hard work (depends on what department you're in, and whether or not you're deemed to be a "valuable" employee" which may or may not have any correlation to your actual performance) Chaotic environment with lots of change. This in itself isn't such a bad thing (if you're OK working in this kind of environment), but lack of communication makes it hard to know which direction the company is going on any given day so a lot of effort gets wasted. Lack of alignment across the organization - lots of silos Unless executives learn how to delegate more, the company will never scale

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    Advice to Management

    Communicate more (although this is getting better) If you really want to be a growth/technology company - then tie everyone's compensation to growth. The company is too siloed and you have executives doing what is best for them, not what is best for the company. Pay people for PERFORMANCE.

    Auction.com2014-09-08
  6. Helpful (7)

    "Every person for themselves"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director of Public Relations in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Auction.com full-time for more than a year

    Pros

    There are some talented people that work for the company.

    Cons

    Very disfunctional culture. No collaboration between departments. Long-term employees resent new talent coming in. Senior executives nervous about any moves they make. They give and take away titles.

    Advice to Management

    Bring in an organizational psychologist becuase this is one crazy and disfunctional company and it starts with the 2 co-founders.

    Auction.com2013-12-14
  7. Helpful (2)

    "Auction.com"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director, Marketing in Irvine, CA
    Doesn't Recommend
    Neutral Outlook

    I worked at Auction.com full-time for more than a year

    Pros

    Great co workers, fast growing company

    Cons

    Antiquated management style, culture of secrecy and distrust

    Auction.com2012-12-26
Found 7 reviews