W. P. Carey Reviews | Glassdoor

W. P. Carey Reviews

Updated June 26, 2017
29 reviews

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3.3
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Mark DeCesaris
5 Ratings

29 Employee Reviews

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  1. "Not a good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    They have very good Benefits

    Cons

    There is a lot of Nepatism, unfairness, disorganized

    Advice to Management

    More training for managers needed


  2. Helpful (3)

    "Worst mistake ever- micromanagement coupled with excessive long hours everyday until 11pm"

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

    I worked at W. P. Carey full-time (More than a year)

    Pros

    Great for young people with no family and wants a firm for a short term for their résumé. Good benefits.

    Cons

    They think they own you. Blackberry. Email on a Saturday at 3 Am. Work till 11 pm. Expect to work holidays including day after thanksgiving/ additionally training is by consultants that want perm jobs. Computer system is very poor, although they are looking to upgrade within 2 years.

    Advice to Management

    Have the perm employees train newcomers and not the temp. Also be honest about the constant long long hours. Get a new computer program faster. Perhaps your employees won't have to work to midnight. Excel on manual is unheard in this day in age!

  3. Helpful (3)

    "Troubled Senior 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at W. P. Carey full-time (More than 3 years)

    Pros

    Younger associates and "worker bees" of the firm are great people, very friendly and kind.
    Humanitarian minded with employee volunteer program.

    Cons

    Sales, Marketing and HR have senior management issues - creating a toxic work environment, lacking the ability to communicate clearly and truthfully their objectives; have a hard time receiving criticism and new ideas from younger associates

    Advice to Management

    Re-evaluate senior management and work on mentoring younger associates


  4. Helpful (1)

    "No loyalty to their top performers"

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

    I worked at W. P. Carey full-time (More than 5 years)

    Pros

    Good Benefits, the best I have seen

    Cons

    Can't make up their mind on what they want
    long hours
    micro-managed out the ying yang
    almost like being in school...if you aren't in the "click" you are ignored
    no recognition
    management will get rid of people just for the "heck" of it ...with no real reason, even when their "Review" is Excellent

    Advice to Management

    Take a chill pill and pay attention to what it going on
    learn from field
    Take training classes


  5. Helpful (1)

    "Not diversity. Nepatism"

    Star Star Star Star Star
    • 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

    Pros

    They have good benefits for employees.

    Cons

    They barely hire minorities. They hire their relatives for top management. Work you to death with no appreciation.

    Advice to Management

    Dont make employees work multiple jobs just to save on cost. There should be no discriminaton against minorities and also practice equal pay.


  6. Helpful (2)

    ""Micromanagement nightmare""

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    -Good benefits
    -Best company in the industry
    -Very smart, caring, co-workers

    Cons

    -Long hours
    -Extreme micromanagement
    -Poor sales management and very little awareness of whats going on on the ground level
    -Management likes to get rid of people very regularly to keep people on their toes

    Advice to Management

    -Learn to spend a little more time with the sales team. The effort is noted, but easy to see right through the veil.


  7. Helpful (3)

    "Old boys club...nepotism, nepotism, nepotism"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - N/A in New York, NY
    Former Employee - N/A in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at W. P. Carey full-time (More than 3 years)

    Pros

    Great benefits (in the looooooong run). If you can tolerate being another suit in a ship full of Borg.

    Cons

    The entire office culture is based on white, uptight, frat boys from family connections, stuffy Arian from Darien clubs and socialite wannabes with little to no intellectual curiosity to navigate real world business.

    Advice to Management

    Add mandatory diversity training to all levels of employees, including the Board and Executive Committee. The old fogey stogie era is over...it's time to get with the new. The CEO is yet another relative of William P. Carey.

  8. Helpful (4)

    "Company is going downhill. Still performing well but employees are demotivated and unhappy."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at W. P. Carey full-time (More than 3 years)

    Pros

    Good benefits, work is interesting. Company is a leader in its industry and employees feel proud about that. New systems being put in place should ultimately have a positive result on workload and processes.

    Cons

    Management is completely disconnected with the rest of its employees. New management that has been brought in over the last few years is trying to redefine the company and its culture. No value for the long history of success. Ridiculous expectations being set in accounting and IS departments.

    Advice to Management

    Stop hiring all new people and firing those who have worked hard to build company.


  9. Helpful (6)

    "Room for improvement"

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

    I have been working at W. P. Carey full-time (More than 3 years)

    Pros

    Mid & lower level employees generally nice and nice to work with. Benefits are decent (although not as good as they used to be). Exposure to interesting real estate transactions world-wide. The CEO still seems to very much care about the employees and has genuine interest in the company & the morale of all.

    Cons

    Expectations are unrealistic, and the extremely poor planning of a new system implementation project has made employees very stressed and extremely burned out. New management brought in over the past few years has implemented changes in culture & general work environment that create a hostile and dissatisfied work place. The general mentality is that most upper management (not including aforementioned CEO) does not care about its mid to lower level employees, with continual empty promises that "it'll get better" while there is no indication that it will for the foreseeable future.

    Advice to Management

    Don't keep throwing unrealistic expectations at the mid to lower level employees and expect them to work 24 hours a day, 7 days a week to clean up messes that could've easily been preventable. Offer to help out every so often, or show some more support rather than just the "sit back while you sweat it out and fix it" type of attitude.


  10. "Culture Changed"

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

    I worked at W. P. Carey full-time (More than 8 years)

    Pros

    Friendly staff
    Decent benefits (while they're still around)

    Cons

    Benefits are being taken away piecemeal. What once set WPC apart (in terms of great benefits) has slowly been reduced to "be on par with the market". People loved being here because it wasn't like the market.

    Long hours for the back office people. Little to no recognition.

    No room for growth.

    Managers are inexperienced.

    Advice to Management

    Just because the back office doesn't bring in the money doesn't mean they don't work hard and deserve to be rewarded.


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