The Management Trust Reviews | Glassdoor

The Management Trust Reviews

Updated August 19, 2017
37 reviews

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2.7
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William B. Sasser
17 Ratings

37 Employee Reviews

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  1. "Best Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Scottsdale, AZ
    Current Employee - Administrative Assistant in Scottsdale, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Management Trust full-time (Less than a year)

    Pros

    From the CEO down, I have been treated like family. I am constantly learning something new, so I am never bored. Everyone is so helped when needed, not micromanaged.

    Cons

    I gained weight because the food is so good.

    Advice to Management

    Need to fill open positions.


  2. "Community Association Manager"

    StarStarStarStarStar
    • 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 The Management Trust full-time (Less than a year)

    Pros

    Great benefits.
    Great co-workers.
    Division meetings include food!

    Cons

    Leadership is not in sync with their managers.

    Advice to Management

    Listen to managers.

  3. "Great CEO and CFO, Below Market Salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    I worked at The Management Trust full-time

    Pros

    Great CEO and CFO, nice events

    Cons

    Very low salary, Poor management


  4. "Worst HOA management company ever"

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

    I worked at The Management Trust full-time

    Pros

    Overall the employees are an excellent group. Pay is good if you take on a lot of work. They instituted an employee wellness program so you have to lose weight, have low blood pressure, etc. to get them to pay for your medical and they check you every year to see what level of benefits the company will pay for (better health = more money towards your benefits).

    Cons

    There is zero training. You will be pressured to contribute to causes you might not want to. Lots of favoritism.

    Management talks all day about the ESOP “Employee Owned Stock Plan”. The few at the top are paid very well because they own the real stock in the company. The rest of the employees get the ESOP stock which is almost worthless. If you're vested (7 years) and leave, you can't collect anything for 6 years and then you get paid out over 5 years (so 11 years). That is if it’s even worth anything by then. There is zero match to the 401K.

    Upper management has poor ethics and you will be pressured to do what they want at risk of your job. For example, you can be steered away from a vendor you like for a "company preferred" vendor which TMT gets a kick back from.

    For managers, your salary is dependent on the number of HOA accounts you manage, not by how well you manage them. So staff is generally over-worked.

    During downturns in the real estate market, expect layoffs (especially in accounting and support services) because the top management needs to keep their salaries intact.

    If possible, AVOID this company. There is a reason they have a 1-star Yelp review.

    Advice to Management

    Stop being greedy. Make the ESOP worth something, not down value it because of an accounting error. Promote because of competence not favoritism -- the Admin Assistant was promoted to President - seriously?? (she has been fired now).


  5. "Amazing place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Palm Desert, CA
    Current Employee - Anonymous Employee in Palm Desert, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Management Trust full-time (More than 10 years)

    Pros

    The people are amazing. I've never worked for a place that made work so enjoyable. The leadership truly cares about every person who works there.

    Cons

    Working with the public is never an easy job. When you have to enforce rules in a community, it can be difficult.


  6. Helpful (2)

    "Accounting dept."

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

    I worked at The Management Trust full-time (More than a year)

    Pros

    The corporate office gets off 2 hours early on Friday. Friendly coworkers.

    Cons

    Lots of downtime in the accounting dept. At first I didn't realize that I had to pretend to work for 2 weeks of the month. Some people were clearly the boss's favorites and that annoyed a lot of people. Furthermore only some people were allowed to work overtime and others were not, even though their workload required it during those busy weeks. The pay at this company is very low and any accounting professional worth their weight should seek employement elsewhere. The office is not very professional but I guess some people would like that aspect. The company praises ESOP but they use it as an excuse to pay less than the average. Nobody I know has ever benefitted from it.


  7. Helpful (2)

    "Doesn't matter no titles in entire company really reflect what you do"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting in Scottsdale, AZ
    Former Employee - Accounting in Scottsdale, AZ
    Negative Outlook
    No opinion of CEO

    I worked at The Management Trust full-time (More than 3 years)

    Pros

    Co workers are the hardest group I have ever worked for. Besides management that is. food from vendors is great

    Cons

    Management management management
    Pay pay pay
    No work/life balance--- oh wait for management there's a life balance
    Take your blinders off, listen when employees tell you there's an issue.

    Advice to Management

    Wake up your employees are the only reason you have a fancy car and great house to go home to. Appreciate, respect and reward them with something more than food (usually vendors supply).

  8. Helpful (1)

    "It's ok."

    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 The Management Trust full-time

    Pros

    Keeps you busy, no 2 days are the same, mostly great co-workers.

    Cons

    Pay, other co-workers doing minimal work, no honesty

    Advice to Management

    Listen to people when they tell you something is wrong with the work environment.


  9. Helpful (2)

    "Horrible Senior Office Management"

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

    I worked at The Management Trust full-time

    Pros

    ESOP...Great idea and wonderful motivation for long term employment.

    Cons

    On the surface, this looks like a great company to work for...a very team and goal oriented approach; however, the management team really does this company a great injustice. Very stiff and uncomfortable environment to work in, and the training? What training?

    Advice to Management

    Note to management: Invest in people that are willing to spend the time to train individuals. The female I worked under was horribly inpatient, sarcastic, rude and absurdly inconsistent in terms of job expectations. This company takes it's sweet time hiring people, and then lets them go quickly for issues that have nothing to do with job performance. If the Management team doesn't care for you on a personal level, you will be fired under some false pretense. Unhelpful and very ineffective senior management. Extremely negative experience with this company. Looks great on the surface, but they really aren't too interested in giving the employee(s) the training they need to succeed; you will be looked at as an annoyance if you have to ask a question, and if you don't 'fit' in with their 'clique,' forget about keeping your job.


  10. Helpful (1)

    "The Management Trust is the right fit for the right people only."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Community Manager
    Former Employee - Community Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Management Trust full-time (More than 3 years)

    Pros

    The commitment you put in is returned to you. Only truly engaged passionate individuals should consider employment at the Management Trust

    Cons

    If you're there simply to pass the time and collect a paycheck, this is not the place for you.

    Advice to Management

    Continue to invest in the vetting, onboarding and re-boarding process of the employee-owners. One bad apple can spoil the bunch, many bad apples can ruin the whole harvest.


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