Phillips Edison & Company Reviews | Glassdoor

Phillips Edison & Company Reviews

Updated Mar 22, 2020

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3.4
65%
Recommend to a Friend
93%
Approve of CEO
Phillips Edison & Company Co-Chairman & CEO Jeff Edison (no image)
Jeff Edison
18 Ratings
  1. Helpful (5)

    "Ruled top down with an iron fist"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Cincinnati, OH
    Doesn't Recommend

    I have been working at Phillips Edison & Company

    Pros

    For a company of 200 employees, there are some plus sides. The principals do try to know everyone's name and understand a little about them. For the most part there is access to senior management if you want/need it, however more and more senior management is asking for gatekeepers, which will ultimately lead to them being more inaccessible. Overly generous pay, IF YOU ARE IN THE C-SUITE or VP level. There are plenty of opportunities to take on new responsibilities due to a culture stuck in "do more with less"

    Cons

    There is no career development or any real growth opportunities. Granted, the economy is effecting things, but there is little to no support given to help those that want new roles, new responsibilities. The couple promotions that have been given have come with very limited increase in compensation, i.e. front line employee moves to middle management and might see a couple thousand dollar per year raise. Salaries have now been frozen for most of the company for 3 years, going into the 4th. If you are looking at anything under the c-suite or VP level, you will not be fairly compensated, however the VPs and C-Suite seem to be compensated above market value. There is no real desire to utilize technology. Instead of investing in IT to help automate accounting processes, or implement software that can actually do what was promised, Phillips Edison invests in iPads for all the sales people (in an industry that was founded, and in many ways still operates as an "old boys club") If our relationships are so strong, why do we need to invest almost a year of time implementing an iPad app? Phillips Edison is stuck in the "do more with less" mentality, however is finding the money to open new offices around the country, expand some existing offices. The new COO seems to have some type of ego trip going on, spending money to expand his new office, but not freeing up any money to give one more person a raise. All in all, if you want to work in a very apathetic company, where people have lost all motivation to do better, Phillips Edison is your place. If you want something that will actually strengthen your resume, provide you opportunities for growth within the company, or a place that fairly compensates and treats its employees, I would look elsewhere.

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    Phillips Edison & Company2011-08-12
  2. Helpful (4)

    "Advancement Opportunities are hit or miss"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend

    I have been working at Phillips Edison & Company

    Pros

    Annual Meeting in different location each year/Departmental Retreats Owners have very clear direction for company and communicate it well "Work hard/Play hard" culture Opportunities for professional development by taking courses

    Cons

    "Good ol' Boys" club - inappropriate/immature leaders (not the owners) No opportunity for advancement if you're not a "chosen one" Company restructures VERY often, making it difficult to keep track of who is now doing what Very little accountability for middle managers Tendency to only recognize or reward leasing agents with little regard to the operational side of things

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    Phillips Edison & Company2012-01-20
  3. Helpful (3)

    "Not a step forward for your career"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend

    I worked at Phillips Edison & Company

    Pros

    It is pretty easy to skate by in your job without much challenge. Does not help with career progression though.

    Cons

    If you want to work for a company that you get real career training do not work at Phillips Edison. The company does not really invest in employees who want to move up the corporate ladder, which includes compensation and benefits. Go to a larger city like Chicago, NYC, or Boston. You may find yourself one step behind the competition when looking for your next company.

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    Phillips Edison & Company2011-06-23

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