CoreSite Reviews | Glassdoor

CoreSite Reviews

11 reviews

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Paul E. Szurek
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11 Employee Reviews

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Pros
  • Good perks, good work life balance and pay (in 4 reviews)

  • This company was build on good people (in 5 reviews)

Cons
  • Out of the leading data center REITS, CoreSite is the only one that does not have an international presence (in 5 reviews)

  • This is most apparent with the CEO pushing out most of the senior management team (CTO, COO, CFO, GC, and SVPs) over the last 4 or 5 years (in 2 reviews)

More Pros and Cons

  1. Helpful (1)

    "Constant management changes"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Reston, VA
    Former Employee - Anonymous Employee in Reston, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CoreSite full-time (Less than a year)

    Pros

    pay was ok but still below the Northern Virginia market

    Cons

    Constant management changes, Reactive instead of Proactive, constant changes in the way facilities operated

    Advice to Management

    Stay local and don't recruit from out of state and be much more upfront to a possible new employee


  2. Helpful (4)

    "Jumbled, Insincere, Feeble"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good industry experience and market, some great people come through the company.

    Cons

    Simple, Honest, Strong.....more like Jumbled, Insincere, Feeble. Yes I used a thesaurus for that but when it comes to culture at CoreSite there is a lot of talk about how important their values are. Speeches are given about being Simple, Honest, and Strong, emails are sent, meetings are had, but when it comes down to it no one in management really wants anyone to follow these edicts. Why? Because it means they then have to make difficult decisions and they would rather not be forced to have to take a stand for what they claim to believe in. Because of this, bad behavior is tolerated, great people leave the company, weak and politically minded "C" players are lauded as amazing and CoreSite continues to perform because of a great CEO and Board who've made great investments and decisions in a booming market.

    Winter is coming for CoreSite, when the down cycle hits the data center market the true culture that is promoted within the company will rear it's ugly head. It is said that in romance and riches, fortune favors the bold. Well in the case of CoreSite unfortunately we are not bold enough to fight for our own declared values and although I love working here I'm afraid that when winter does come, the riches will be gone and we'll have too many warts for romance.

    Advice to Management

    “It takes two to speak the truth - one to speak and another to hear.”

    Henry David Thoreau

  3. Helpful (2)

    "Coresite lacks to the core."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Fresno, CA
    Former Employee - Sales in Fresno, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    A good compensation plan, decent product.

    Cons

    Grueling weekly calls, CEO has no clue how to keep his employees happy.

    Advice to Management

    Chill out.


  4. Helpful (5)

    "Negative atmosphere, questionable ethics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Denver, CO
    Current Employee - Sales in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CoreSite full-time (More than 5 years)

    Pros

    On paper, the company appears to take good care of employees. Compensation is good and there are equity incentives.

    Cons

    A lot of politics, turnover, and lack of trust. The company has a bad reputation for the way they treat sales people and it rings true - a lot of re-trading deals and squeezing sales staff internally and brokers externally on communicated fees. I think we act unethically in many cases, and am somewhat ashamed to be part of this.

    Advice to Management

    Let's honor our deals and take care of our team, too many good people being pushed out of the company!


  5. Helpful (6)

    "Toxic Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Denver, CO
    Current Employee - Director in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CoreSite full-time (More than a year)

    Pros

    Company offers stock grants though many people do not see them through to vesting.

    Cons

    The biggest problem with this company is it's culture and it starts up top, where it is a struggle to manage employees. Politics are extreme, and this becomes very apparent right off the bat. It seems that everyone is replaceable except for the CEO who takes no accountability for his mistakes. The "if you don't like it leave" comment has become an inside joke that "if you do like it, we will push you out."

    Advice to Management

    I think there is a big double-standard in place, a lot of good people have left the company, being terminated or on their own accord. There needs to be equal accountability up top and a focus on training and retaining employees. Right now it is not a fun place to work, trust is a major issue and no one is comfortable.


  6. Helpful (5)

    "CoreSite"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Employee in Denver, CO
    Current Employee - Employee in Denver, CO
    Doesn't Recommend
    Neutral Outlook

    I have been working at CoreSite full-time (More than a year)

    Pros

    There are still some good people in the company. Very interesting industry to be in.

    Cons

    A lot of good people have been pushed out. Favoritism and politics within senior management. A lot of rash decisions made by the CEO, can be a tough place to work some days. Can often feel very negative at the office.

    Advice to Management

    Less politics, more appreciation for your average employees. Focus on retaining quality people.


  7. Helpful (4)

    "Not a good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Denver, CO
    Current Employee - Sales in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CoreSite full-time (Less than a year)

    Pros

    They offer bonus pay to every employee. Managers are given stock each year. Sales commissions are high.

    Cons

    Leadership does not listen. In the "All Hands" meeting last week, the CEO did not like one of the comments on this site so he stated that whoever wrote the review needs to leave the company. Many prior meetings have this same theme of "if you don't like it, leave". The company asks employees to fill out a survey but then they don't take any action to resolve the issues. There is excessive overtime with no work-life balance. If you have a family, don't work here. The turnover is high and the company is having a hard time filling positions. One of the other concerns is related to CoreSite reselling power to customers. The Public Utilities Commission in every state restricts companies from reselling power at flat rates or marked-up rates. This is CoreSite's primary pricing model. CoreSite encourages and rewards Sales for selling power based on circuit size or capacity instead of pass-through usage. CoreSite makes money on power and the PUC will find out sooner or later.

    Advice to Management

    Listen to your employees. Stop firing people and work on resolving the issues. Look into the legal aspects of how you are selling power.

  8. Helpful (5)

    "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Denver, CO
    Current Employee - Manager in Denver, CO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at CoreSite full-time (More than 3 years)

    Pros

    CoreSite hires really great people with energy, talent, and are a good cultural fit to drive success. This is driven by a talented HR group and some senior managers who really want the company to succeed. The company is in a high-growth sector and has the budget and funding to continue to grow. It provides good benefits and bonuses to all employees.

    Cons

    As we are seeing with the high turnover rate, the senior management is pushing out good employees as fast as they are hiring them. This is most apparent with the CEO pushing out most of the senior management team (CTO, COO, CFO, GC, and SVPs) over the last 4 or 5 years. The senior management team (lead by CEO) has created an environment of fear for employees wanting to make improvements or speaking out against failed programs. Those wanting to fact check this only have to look at the company's public filings showing changes in leadership team and the millions in write-downs of failed programs.

    CoreSite is also overselling its capabilities and this is challenging for employees to explain these failures to customers without revealing system inadequacies. It feels like the company is positioning itself to be bought and is only concerned with posting great earnings.

    Advice to Management

    Act upon the employee concerns voiced in the last two cultural/employment surveys. This includes honest and open communication, holding people accountable (including CEO) for failed programs, and living up to the company's motto and culture. Until the senior management lifts the cloud of fear, it will continue to lose great employees.


  9. Helpful (10)

    "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Denver, CO
    Former Employee - Senior Vice President in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at CoreSite full-time (More than a year)

    Pros

    Great industry, decent pay. If you're family has ties to CEO, Tom Ray, you could be a SVP before your 30!

    Cons

    The CEO has previously terminated 2 and possibly 3 Sales SVP's without cause just prior to large deals closing in order to avoid paying money that would have been owed to them. He has also terminated the CTO and General Counsel prior the their IPO under similar circumstances. In at least one of these cases, law suits were filed and multi-million dollar settlements were paid but the behavior continues unabated.

    Advice to Management

    Under any other ownership the CEO would have been terminated long ago, however since the Carlyle Group is the majority share holder it is unlikely that this will ever be addressed. The Carlyle Group's history of profiting from war and its ties to Bin Laden are well documented and Core Site operates from the same play book.


  10. Helpful (6)

    "Company is a lost soul"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer in Denver, CO
    Current Employee - Developer in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CoreSite full-time (More than a year)

    Pros

    They pay market rates. Freedom to try to do things but no real direction. For example, the systems in place were created 5 years or so ago with no real improvements.

    Cons

    Management has no clue on how to lead and manage a company. 10+ executives have been hired/fired in the last year. CEO is volatile in meetings.

    Advice to Management

    Bring in a professional management team. Learn how to lead people at 'CEO School' or just resign. Masking yourself as a REIT makes no sense. You are like a Rackspace. Tell the world who you really are so com parables can be done.


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