First Capital Realty Reviews | Glassdoor

First Capital Realty Reviews

Updated June 28, 2017
15 reviews

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2.9
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First Capital Realty President and CEO Adam E. Paul
Adam E. Paul
5 Ratings

15 Employee Reviews

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  1. "Politics galore"

    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

    I have been working at First Capital Realty full-time

    Pros

    Small site offices can be a haven with the right management and employees. Company encourages continued education

    Cons

    Culture of blaming, politics can be terrible, low pay and total disconnect between mission n statement and reality. Management blames employees for their failures.

    Advice to Management

    If anything was actually confidential, you would hear about the realities from employees.


  2. "Property Administrator"

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

    I worked at First Capital Realty full-time (More than 3 years)

    Pros

    1) Good benefits.
    2) Bonuses.
    3) Business casual dress code.
    4) Start with 3 weeks vacation.

    Cons

    1) Extremely hostile and toxic environment.
    2) No opportunity for career growth with this company, they seem to hire externally rather than promote from within.
    3) People will throw you under the bus to save themselves.
    4) No respect for colleagues.
    5) Constantly felt like you were walking on egg shells, meaning being treated like you were disposable.
    6) Management is out of touch with employees.
    7) Slackers and people who don't care about their job were not let go during the "reorganization" of the company.
    8) No appreciation from managers/supervisors.
    9) Consistently micromanaged.
    10) To much gossip within the office, nothing is confidential.
    11) You are required to work extended hours if needed however, if you had to leave early for an appointment or come in later that was completely frowned upon and became a huge issue (no flexibility).

    Advice to Management

    Hire some real Managers with people skills who spend more time promoting and supporting staff instead of running them down and searching for their mistakes.

  3. Helpful (5)

    "Toxic Environment"

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

    I worked at First Capital Realty full-time (More than 3 years)

    Pros

    Not sure if these have changed but when I was there:
    - Free parking at head office
    - Summer hours
    - Company closes the week between Christmas and New Year

    Cons

    This is a long list…

    Lack of respect from the top down - managers are rude and abusive to their subordinates as well as to people who don't even report to them. Because others see that this behaviour is tolerated, they too show no respect to colleagues. There are no consequences for this behaviour.

    No sense of team at all - people will throw you under the bus in an instant to save their own skins. There is constantly a blame game.

    There are many people who don't care about doing their jobs, let alone doing their jobs well, and there are no consequences for these people. If you bring it to their attention that they're doing something incorrectly, they just ignore you and the same mistakes happen over and over again. Eventually, if you want something done properly, you end up having to do it yourself (so you're essentially doing their job too for the same pay while they get paid to do nothing all day).

    General lack of communication - team members who are working together frequently leave you out of the loop (but later expect you to know what's happening). There is also a tendency by some to go over your head and try to get your superiors/colleagues involved in tasks that you are working on. When requesting updates or information that you need to do your job, you are just ignored (this extends to senior management ignoring you too).

    Slackers are given preferential treatment while good employees were let go in the reorganization (this was the reorganization in September 2015 where 85 people were let go). E.g. Employee A is always "sick" and never at his/her desk when actually at work. Employee A also can't be bothered to do his/her job properly but gets promoted while Employee B, who is good at what he/she does but has previously complained about the toxic environment at First Capital and has also complained about how Employee A’s misconduct is ignored, gets fired during the reorg.

    Almost every perk that employees had prior to the reorganization has been taken away and silly policies have been put into effect – like a dress code (while the head office is in Liberty Village – not exactly Bay Street).

    There is more of a focus on getting things done quickly than doing the job properly (but if there are mistakes because you're forced to rush and can't investigate everything properly, it's still your fault). This is because everything is always left to the last minute (poor planning and calendar management) and then things become urgent.

    There have been employees who have joined First Capital and left of their own accord within a few months of joining because they are not willing to put up with what goes on at First Capital. Also, A LOT of good people have left since the reorganization.

    There have been a lot of hires because of existing relationships (family and friends) which makes you question whether these people have the requisite education and experience required for the job.

    If you raise any of these concerns with your superiors they are brushed aside and you are basically told that this is just how it is at First Capital, that they themselves experience the same behaviour, and that you can either stay and put up with it or leave. You’re totally disposable – even if you’re constantly told what an amazing job you’re doing, the company doesn’t actually want to do anything to improve the situation that exists there.

    I was underpaid but I know of others at the company who are extremely overpaid (industry-based and based on their inability to do the job properly). The benefits you receive are the same as you'd get at any other company that provides benefits (but RRSP is actually worse because the company matches BUT only pays out their match around March the following year – so if you leave before then, you lose out on the entire company match portion). There is an employee share plan where you can buy company shares (and the company matches your contributions) but there is a vesting period so you lose out if you leave.

    Not a lot of room for advancement. Company seems to hire externally rather than promoting from within.

    Advice to Management

    Show your employees that you respect and appreciate them. Communicate effectively. Hire people capable of doing the job instead of friends/family.


  4. "First Capital"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Capital Realty full-time

    Pros

    Good beneifts, worf life balance

    Cons

    career adavancement, managers need more people training


  5. "FCR!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company pays well, good benefit plan including Employee Share Purchase Plan and RRSP Match. Overall, a very good company to work for.

    Cons

    Like every company there are some cons but nothing major at this time.

    Advice to Management

    Keep up the good work Adam Paul.


  6. "Great Place to work"

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

    Pros

    great people
    lots of perks
    opportunities to learn
    good environment

    Cons

    long hours
    lots of pressure
    have to be available all the time


  7. "Property Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Property Administrator in Toronto, ON (Canada)
    Former Employee - Property Administrator in Toronto, ON (Canada)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at First Capital Realty (More than a year)

    Pros

    Excellent Benefits, company has summer and winter parties. Start with 3 weeks vacation. 4 after 5 years bit no more after 5.

    Cons

    No flexibility, micro management at the max, a culture of finger pointing. You are to work extended hours but if you are in need to leave 30 minutes early it becomes a big issue

    Advice to Management

    Hire enough staff and learn to trust your employees.

  8. "Great Growing Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Property Administrator in Edmonton, AB (Canada)
    Current Employee - Property Administrator in Edmonton, AB (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Capital Realty full-time (More than 3 years)

    Pros

    Awesome benefits and work/life balance. Office relationships and company culture have greatly improved over the last year.

    Cons

    Not a lot of room for advancement

    Advice to Management

    None


  9. Helpful (1)

    "Used to be Great!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Good Soldier
    Former Employee - Good Soldier
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at First Capital Realty (More than 3 years)

    Pros

    Corporate office used to have lunches delivered Mondays and Fridays but now just once a month. In a busy environment, it was good to catch up with colleagues in other depts during these lunches. Other pros, fully Canadian- FCR owns and operates all their properties (not third party).

    Cons

    Leadership isn't transparent, looks out for themselves and sees everyone as disposable. Provides lip service to employee population and does not walk the talk. Person running the show is young, inexperienced, judgemental and arrogant - the rest are puppets.

    Still in contact with people in the company and moral is low. Some are looking to jump ship but job market is tough and hence are waiting to receive a package - if they are lucky.

    Also FCR is in bed with troubled URBANCORP but keeping their distance to not be associated or get caught in bad media.

    Advice to Management

    Board needs to look closely at the leadership and why Pres/CEO hired buddy as COO.


  10. "property accountant"

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

    I worked at First Capital Realty full-time (More than 3 years)

    Pros

    good benefit, work load reasonable,

    Cons

    hard for promotion but depends on which department you belong to


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