Kimco Realty Reviews | Glassdoor

Kimco Realty Reviews

Updated January 2, 2017
36 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
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David B. Henry
19 Ratings

36 Employee Reviews

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  1. "Jabito"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Kimco Realty part-time

    Pros

    The pay is ok....the hours are so...so....overall great company to work for.

    Cons

    Nothing really.....ecxwpt the business u actually clean for....the kohls in mansfield,oh is very prejudice.....

    Advice to Management

    Check in on your employees.....some dosent do their work and will cost you your contract.....


  2. Helpful (2)

    "Good company - growth is limited"

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

    I worked at Kimco Realty (More than 5 years)

    Pros

    Great benefits, stock options, vacation time, and strong c-suite executives

    Middle management can be hit or miss depending on who you report to (I had a great manager but know of others not so great)

    A progressive company always looking to improve and willing to take suggestions from all employees

    Cons

    Salary - Kimco has very high standards for its employees and the rate of pay does not always match up with the work expectations

    Lack of growth - There are a lot of long term employees 10+ years which is good for the company but makes it difficult for others to grow


  3. Helpful (3)

    "Bad Manager"

    Star Star Star Star Star
    • Senior Management
    Former Employee - Taa in Vista, CA
    Former Employee - Taa in Vista, CA
    Approves of CEO

    I worked at Kimco Realty full-time

    Pros

    Good benefits, generous PTO, stock payout, and strong c-executives.

    Cons

    Pay is not competitive. Regional, internal promotions are not based on hard work or dedication, but based on who you are friends with.

    Advice to Management

    Bad regional manager who micromanages, sets unrealistic deadlines, and fails to be a leader. There is no need to have staff members get you coffee or order/deliver you lunch; using the IM "tag" feature as a time card; and not allowing ANY personal phone calls (cell phone) during business hours. Environment is hostile, and the reason for the consistent turnover.


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  5. Helpful (4)

    "Senior Accountant"

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

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

    Pros

    Good health benefits. Great immediate supervisor who mentors and teaches.

    Cons

    Little room for advancement and uncompetitive salaries. Promotions given don't come with increase in salary.


  6. Helpful (3)

    "Lease Administrator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lease Administrator in Charlotte, NC
    Current Employee - Lease Administrator in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    The company is great to work for. They have the right idea for its employees but not having the right management staff discredits this company.

    Cons

    Management choice is poor as they go by favortism. The managers they've chosen are loud, rude and inconsiderate. It's their way or no way. Management gossips about employees business to one another. Some managers are micro managers and are very controlling.

    Advice to Management

    Be more considerate of your employees, their personal business and job success instead of your personal egos and gains.


  7. Helpful (2)

    "The current PFA management team (excluding Michelle Shaver) needs to be replaced"

    Star Star Star Star Star
    Current Employee - Tenant Account Analyst (Formerly Lease Analyst)
    Current Employee - Tenant Account Analyst (Formerly Lease Analyst)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Kimco Realty full-time (More than 8 years)

    Pros

    Direct managers genuinely care about the employees and are fantastic to work with. The company is very flexible with employee work schedules and offers generous PTO/sick time packages. Year-end bonuses are around 10% of annual salary plus every February employees are given a stock option payout of several thousand dollars. Kimco offers tuition reimbursement up to $6K annually and matches 401k contributions up to 5%. Insurance benefits are better than most, and they offer optional flex spending accounts for healthcare and dependent care as well.

    Cons

    Most (if not all) managers above one's direct manager are very difficult to work underneath. Many tend to micromanage and want to have their hands in every minute detail, yet when something important is needed from them, they either do not respond or it takes weeks/months to get an answer that should have taken 10 minutes. Upper management makes rash decisions about employees based upon limited observations and does not listen to their management team for input.

    The work currently being performed by the former Lease Administrator/Analyst position is a joke. Anyone with a brain will be bored to death.

    I really want to love this company and love the job. Kimco truly is a great company with great potential. It's the current management team that has ruined the PFA team. I will say the current management team has implemented some good changes on the accounting side, but the changes made to the lease administration and collections teams have had a negative impact.

    Advice to Management

    Pay attention to the employees who are leaving. You are losing good employees with experience and knowledge that cannot be easily replaced. These employees are being replaced with far less capable people lacking the capacity to perform anything beyond simple tasks. If Kimco ever wants to bring certain responsibilities back in-house, it will have a very difficult time with the new staff it has in place. Too many seasoned employees have left and more are on their way out.


  8. Helpful (2)

    "Kimco"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    The co-workers and managers are the best!

    Cons

    They don't promote someone to be a mngr within the dept, they instead put employees from another dept who don't know anything about the dept/position


  9. Helpful (2)

    "Trouble"

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

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

    Pros

    Dress Down & Bagel Fridays. Decent healthcare benefit package.

    Cons

    Salary not competitive with other REIT companies. Outsourced to India, combined multiple departments to one. No structure. Mom & Pop tenants are being treated unfairly. More concern on anchor tenants. Lacks customer service. Driving tenants out of business due to hidden practices. Mentality is pay me or get out.

    Advice to Management

    Work on improving customer service to your tenants. Open communication with internal departments. Create workshops for departments to open communication amongst each other. Stop the "boys club" mentality.


  10. "Property Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Property Assistant in New Hyde Park, NY
    Current Employee - Property Assistant in New Hyde Park, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Company does not wait for you to accrue your PTO, you can use prior to YE.

    Cons

    A great deal of paperwork to muddle through on day to day basis. This effects productivity.

    Advice to Management

    Micro managing does not allow your employees to flourish. Cannot be creative, processes are set in place.


  11. "Good compensation but very political in upper management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Kimco Realty full-time

    Pros

    Compensation is good and room to work independently. The brand recognition of the company helps working with external stakeholders.

    Cons

    Political fighting in upper management and nepotism. The company feels like a family business despite being listed on NYSE.

    Advice to Management

    Focus on acquiring new talent should be the highest priority. The company talent has either been with the company way too long or un-competitive as compared to other firms.



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