Ritchie Bros. - A company looking to hire cheap labor. | Glassdoor
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There are newer employer reviews for Ritchie Bros.

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Helpful (9)

"A company looking to hire cheap labor."

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  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Lincoln, NE
Current Employee - Anonymous Employee in Lincoln, NE
Doesn't Recommend
Approves of CEO

Pros

The company offers outstanding healthcare, comparable to that of Canadian healthcare. The office is located in a beautiful building with comfortable offices and offers a great work/life balance attitude.

Cons

The company's salaries are far below market standard. They value their healthcare packages at over $10K and therefore reduce your salary by such. As the world's largest auction company with sales in the billions, employee bonuses are less that 100 dollars per year. No possibility for job growth, less than 6 managers within corporate for the entire United States division.

Advice to Management

For a company to grow in the right direction it must be lead by people who are passionate about their work, people who are skilled in recognizing inefficiencies and eager to develop upon that. For far too long Ritchie Bros as worked to obtain "cheap labor," this attitude has lead to much of the demise that the company currently sits. For an international, publicly traded incorporation to hire applicants with only a GED or associates degree to foster operations in the billions displays an obvious disregard for growth in the "right direction." It's no wonder employee turnover is so high, why over 80% of employees are over 30, and why hired college graduates only stay [on average] less than two years.

Reconsider the type of employee that you're looking to attract, and then build your human resources and benefits policies around that desired individual. Great companies not only have employees work for them but work for their employees as well.

Other Employee Reviews for Ritchie Bros.

  1. "Always Learning"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Ritchie Bros. full-time

    Pros

    Every day is a chance to learn something new
    Coworkers are truly interested in helping each other out
    Company culture is awesome
    Upper management is always willing to listen to concerns
    Pay is above reasonable

    Cons

    Job elimination after acquisition
    Some miscommunications between what is expected from each employee


  2. "Ritchie Bros is So-So"

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

    I worked at Ritchie Bros. full-time (More than a year)

    Pros

    Working with a network across the country provides a wide variety of experiences. They pay reasonably well, and the benefits package is great.

    Cons

    Tuition assistance is kind of a joke, the Canadian Head Office (where the executives are) treat the US team as a red-headed stepchild. Conflict resolution can be difficult to come by. Very corporate atmosphere. Also, they are very understaffed which means people are over worked (50hr weeks are not uncommon even for peons). Difficult to move up unless willing to relocate internationally.

    Advice to Management

    Work on communication between departments, and between individual employees. That would reduce much of the tension.

There are newer employer reviews for Ritchie Bros.
There are newer employer reviews for Ritchie Bros.

See Most Recent

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