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GoldMax Reviews

35 reviews

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Full-time Part-time

2.7
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Jordan Sadoff
9 Ratings

35 Employee Reviews

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  1. "I enjoyed it until they went out of business in Atlanta...suddenly"

    Star Star Star Star Star
    Former Employee - Precious Metals Consultant/Diamond Buyer/Rare Coins in Jasper, GA
    Former Employee - Precious Metals Consultant/Diamond Buyer/Rare Coins in Jasper, GA

    I worked at GoldMax full-time (More than 3 years)

    Pros

    Pay was not awful. It was close to home, I loved my customers. Not sure why there's a 20 word minimum.

    Cons

    No bonuses on production. No benefits. No vacation time. They went out of business, all 78 stores, rather suddenly. I beleive they are still open in California though. Not sure what happened.

    Advice to Management

    Be transparent with your workers especially those that are loyal. We have families and would have liked to been given a 'heads up' we were about to be jobless.


  2. "Public beware"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Gold Buyer in Columbus, GA
    Former Employee - Gold Buyer in Columbus, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Slow,alot of time by yourself, no other employees with you(most of time)

    Cons

    ripping people off, company's formula for buying was ridiculous. I felt so guilty.

    Advice to Management

    Stop trying to make it sound like your doing the public a favor


  3. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director of Regional in Algonquin, IL
    Former Employee - Director of Regional in Algonquin, IL
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at GoldMax full-time (More than 5 years)

    Pros

    Great people to work for. Company was growing much faster than anyone could anticipate. The quality of the people who worked here was far above average.

    Cons

    The fact that the company grew so fast forced decisions to be made on the fly. The only real con was that everyone knew it would not last because of the market.


  4. "Store Manager/Buyer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Buyer/Store Manager in Huntington Beach, CA
    Former Employee - Senior Buyer/Store Manager in Huntington Beach, CA
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Good money and benefits. Had a lot of downtime to work on outside endeavors.

    Cons

    Worked alone and expected to purchase items at a small percentage from what they were worth.

    Advice to Management

    Since they went out of business there isn't much advice to be given.


  5. "Just ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager/Precious Metals Buyer in Bradenton, FL
    Former Employee - Manager/Precious Metals Buyer in Bradenton, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at GoldMax (More than a year)

    Pros

    Worked mostly alone and a lot of downtime

    Cons

    Expected to buy at the lowest price and a lot of haggling, even when customer was walking out the door, got berated if you didn't get a sale.


  6. "Was a good job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Store Manager, Precious Metals Consultant in Oxford, MI
    Former Employee - Store Manager, Precious Metals Consultant in Oxford, MI
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at GoldMax (More than a year)

    Pros

    Money, employer, and employees, it was truly a great experience

    Cons

    They are now closed, it would have been great if they had stayed in business a while longer. I liked it there.


  7. "Great company with motivated onsite owners"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Store Buyer in Schaumburg, IL
    Former Employee - Store Buyer in Schaumburg, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at GoldMax full-time (More than 3 years)

    Pros

    Ability to work without constant direct supervision. You have the opportunity to build relationships with the public & they constantly provide training!! Either on a new service or just for a refresher! The only company where you actually see the owners of the company every day working towards the same goal you are! Its pretty nice. Most often you hear about the owners, but never meet them!

    Cons

    Lonely working inside the store by yourself. Minimal paid vacation days compared to what other companies have provided.

    Advice to Management

    Add more paid sick/vacation days.


  8. "Expendable"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Doesn't Recommend
    Negative Outlook

    I worked at GoldMax full-time

    Pros

    Watch TV/Surf the internet all day. Staff is Friendly, Managers work with you one-on-one, Remote Management Team. Great if you like sales.

    Cons

    Lonely in a store by yourself for 8 hr/day. Staff treated differently at 3 levels including store level and headquarters. Owners can be rude to staff. If your not at headquarters or make high sales, you're expendable. What goes up must come down... gold prices were eventually going to plummet.

    Advice to Management

    Treat others with respect and dignity. I believe they are no longer open.


  9. "If tricking financially desperate people to sell gold for a pitiful sum of money sounds like a good job, then . . ."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Precious Metal Consultant in Lansing, IL
    Current Employee - Precious Metal Consultant in Lansing, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Working independently in a empty store all day getting paid to watch TV and surf the web.
    Meeting some genuinely nice customers and striking up conversation

    Cons

    Being trained to trick people to sell their gold or silver for as cheap as possible by schmoozing them up. If we couldn't buy the gold for less than 40% of the value we would get yelled at by district managers. The new trick was to mix all the jewelry together and call it costume jewelry so that we could buy all the real gold and silver with the fake jewelry for less than pennies on the dollar.

    The company began cutting employees hours drastically and laying off many employees in troves, with not more than a moments notice.

    Advice to Management

    Quit being so cheap and pay a fair price or go out of business already.


  10. "Gold Buyer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Gold Buyer in Chicago, IL
    Current Employee - Gold Buyer in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at GoldMax part-time (More than 3 years)

    Pros

    Great pay, great hours, great management. Fun people. Very flexible and treat employees fairly. Sundays off and Holidays off.

    Cons

    Gets lonely and boring sometimes if its a slow day as you are the only one working and managing a store. You dont get much of a raise but the pay is good to begin with so you have to keep that in mind. This job does not hold much of a security if you are in need of a job as the market determines the business however the pay, hours and flexibility is great for part time work and extra pay.


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