Auction.com "room for growth" Reviews | Glassdoor

Auction.com Employee Reviews about "room for growth"

Updated Sep 23, 2019

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2.8
36%
Recommend to a Friend
30%
Approve of CEO
Auction.com CEO Jason Allnutt
Jason Allnutt
13 Ratings
Pros
  • "Great Company with Great people and great health benefits(in 12 reviews)

  • "Good benefits and overall positive culture(in 10 reviews)

Cons
  • "No room for growth individually or for company(in 11 reviews)

  • "temp employee, breaks were short, no room for growth, couldnt be hired as a full time employee(in 8 reviews)

More Pros and Cons

Reviews about "room for growth"

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  1. "Great Starting Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Auction Manager in Raleigh, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Pay was good, management was great, easy job

    Cons

    no room for growth, job was not interesting or exciting

    Auction.com2019-05-23
  2. Helpful (3)

    "Casual work environment"

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

    I have been working at Auction.com full-time for more than 8 years

    Pros

    Casual work environment, lots of PTO, great benefits, flexible work hours

    Cons

    Sr Management does nothing to keep good employees, everyone is replaceable mentality, no room for growth, no raises besides the yearly merit (cost of living adjustment). Cut pay but expect you to take on more work. Lay offs every quarter!

    Advice to Management

    When you have good, reliable employee’s you should want to do everything possible to keep them..

    Auction.com2019-09-23
  3. Helpful (10)

    "Sinking ship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Negative Outlook
    Disapproves of CEO

    I have been working at Auction.com

    Pros

    Nothing special. I’m from engineering team and can only talk about that. Pretty standard : 1/2/3 day lunches Stocked cafeteria Unlimited PTO

    Cons

    List is long but I’ll ty to summarize it: 1. No room for growth individually or for company. Auction was acquired by THL and is on downward spiral since then. Only hope is if company get re acquired by some bigger P.E. 2. If people always thought why P.Es are bad, this is the textbook example. Mass exodus, PE taking 100% profit, average raise of 2% when company profit is healthy. The margin of profit is really high.... 3. Tech stack wise not much of going on except AWS to cut cost , repackage it and sell it. Actual tech stack which runs auction is a joke. Lots of manual process is needed to run the company and auctions. 4. Layers of executives and managers mostly good for nothing. I’ve not seen such small sized company having 2 CTO’s. 5. Team morale is all time down and people are jumping left and right. You don’t want to join where there is no culture or morale. 6. HR team is trying their best to understand and fix the culture but too late to do anything.

    Show More

    Advice to Management

    You have ruined it already. No advice can save it except try to sell it for more so employees can make some money.

    Auction.com2019-05-25
  4. "Good Company"

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

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

    Pros

    Free Food, flexibility, decent pay, nice co workers, no micomanging

    Cons

    temp employee, breaks were short, no room for growth, couldnt be hired as a full time employee.

    Auction.com2019-02-22
  5. Helpful (10)

    "eh..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Auction.com

    Pros

    Great pay, decent hours if your a senior on the team, and great opportunities to travel.

    Cons

    No room for growth once you reach an Auction Manager.

    Advice to Management

    Reach out and appreciate your remote employees better instead of isolating them.

    Auction.com2016-05-05
  6. Helpful (11)

    "There is nothing cutting edge about this place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Belmont, CA
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Lunch, nice-ish co-workers, ample parking

    Cons

    Upper management located off-site (really, who does that?), politics in the work place, non-existent HR department, no room for growth

    Advice to Management

    Everything here needs fixing from the bottom to the top. Instead of filling open positions with existing employees, try finding CAPABLE candidates to fill these management roles. There was absolutely no room to grow within this company despite this being one of their selling points in offering me a position there.

    Auction.com2015-05-06
  7. Helpful (16)

    "C Level management needs to go"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Employed in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Solid brand and concept. Online platform “where real estate is real estate is moving”

    Cons

    This organization can be far more powerful if it weren’t for the layers of C Level management (VP/SVP/EVP etc). These idiots operate remotely between Austin TX and Irvine CA which automatically creates disconnect between management and Jr Executives (or below) who actually DO the work... often leaving many wondering if these guys do any work themselves. Endless delegated tasks which make NO SENSE, other than for... these executives to save face. These jokers would come in CA every other month for 1 week (unannounced most of the time), and sit in an office. Not even interact or acknowledge the team/dept they are in charge of. Clearly they have their own agenda. It is the ol’ boys club with this layer of management so there is no room for growth. Although there is a quarterly bonus, you never know when you’re going to get it. HR defers to management, and management dances around that topic. Once you DO get it, it is always unclear as to how your bonus was calculated… or how far off your calculations were from theirs. So many mock ups and beta’s without thoroughly thinking them through. This company spends so much money on projects that ultimately get scrapped, with no recognition of their performers who put the blood sweat n tears into what is asked of them. In summary: The politics and ongoing dog/pony shows create a very negative and chaotic culture. Do not work here unless you need a stepping stone for something else. Again the name Auction.com holds a lot of weight, and does look good on your resume.

    Show More

    Advice to Management

    Take the challenge of “Undercover Boss.” You will see how disconnected you truly are from reality.

    Auction.com2015-01-26
  8. Helpful (2)

    "Tough place to work, it's a recession."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend

    I have been working at Auction.com

    Pros

    Company is thriving in the recession. Most people with any skill will not be working here once the recession is over.

    Cons

    Not a lot of room for growth. Over specialization. Not much feedback allowed to management. Lack of understanding of the real estate industry.

    Advice to Management

    Listen to what your employees have to say, it could pave the path to your next millions. Nothing further than that.

    Auction.com2011-03-16
Found 8 reviews