W. P. Carey Reviews | Glassdoor

W. P. Carey Reviews

Updated February 8, 2017
26 reviews

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3.1
Star Star Star Star Star
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Mark DeCesaris
4 Ratings

26 Employee Reviews

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  1. Helpful (1)

    "Struggling with management at all levels"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Amsterdam (Netherlands)
    Former Employee - Anonymous Employee in Amsterdam (Netherlands)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at W. P. Carey full-time

    Pros

    -Work is challenging and engaging much of the time.
    -Promotions are possible
    -Great colleagues during my time

    Cons

    Current upper management has no concern for employees, only AFFO metrics. As a result of this there have been recent layoffs and salary freezes. This is a part of business but in a company that demands so much from its employees both in technical expertise and overtime worked this kind of treatment is a motivation killer.

    Middle management too busy worrying about careers to support employees under them as much of the experienced middle management was let go in 2016.

    Complexity of current systems are overwhelming, a combination of legacy system problems being carried over and bad decision making has left many of the processes overly complex and difficult to use.

    Advice to Management

    If all you care about is short-term profitability continue on your current track, but to build a company that will excel in the long-term employee welfare should be a primary concern.


  2. Helpful (1)

    "Management"

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

    I have been working at W. P. Carey full-time

    Pros

    Out of control - nepotism...Dimmest bulb the most lit...climb the ladder with your name...WP Carey...

    Cons

    Hard work to no avail unless of course...

    Advice to Management

    Read your own business plan...interest rates rising...handwriting's on the wall


  3. "Smart, Collaborative Colleagues"

    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
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at W. P. Carey full-time (More than 5 years)

    Pros

    Smart, collaborative colleagues from the senior team all the way through the company. Many opportunities for career development for those who seek it out. Ability to work closely with committed people who care about each other and who care about the company. Every year has brought new challenges and opportunities.

    Cons

    Last year was a time of transition for the company, which was difficult at times.


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  5. 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


  6. Helpful (3)

    "Troubled Times"

    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
    Disapproves of CEO

    I have been working at W. P. Carey full-time (More than 5 years)

    Pros

    Great to work with so many smart and competent people. Fancy parties and tons of catered food.
    Benefits are/were great.

    Cons

    Many hours worked. Had one boss complain that someone left at 10PM when they could have stayed later. They are reducing benefits and showing less and less regard for personnel. CEO is not people oriented or open minded but knows the business.


  7. "Good team, bad communication with management"

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

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

    Pros

    Nice people, some opportunities to learn

    Cons

    Unclear career path, crazy hours


  8. "Senior Accountant"

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

    I worked at W. P. Carey full-time

    Pros

    Great benefits and work environment.

    Cons

    Can be long hours but company is a bit unstable. Recently had company wide layoffs but looks like they are headed in the right direction now.


  9. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits and friendly place. Small teams with many hats. Scope to grow and learn. Convenient location to commute. Many luncheon lessons regarding health , wellness for employees

    Cons

    Things are slow to change. Company culture not technology savvy. Shrugging responsibility to others, no accountability. Flat Management structure, no vertical growth

    Advice to Management

    More budgets to update to latest technology


  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.


  11. "Smart people, great benefits"

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

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

    Pros

    Incredibly smart people, diversified vision/portfolio of products. Really good benefits as far as medical. Contributes to the community through their Carey Forward initiative. Not as high stress as most Wall Street finance firms.

    Cons

    Bonuses and base pay on the lower side. Change in leadership has taken a step backwards as far as innovation. Likely that the great benefits will be taken away piecemeal, as has been the trend over the past 3 years.

    Advice to Management

    Lower headcount not recommended given the complexity of the business.



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