Auction.com reviews

3.8

67% would recommend to a friend

(79 total reviews)
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Jason Allnutt

81% approve of CEO

53% positive business outlook

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79 reviews

Reviews about "Compensation"

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1.0
Jun 4, 2016

Could be a lot better

Recommend
CEO approval
Business Outlook

Pros

Checks clear, decent options for HMO and PPO offer physical activity such as work out compensation. Located near big shopping district.

Cons

Poor management, wasted time and money on inefficient processes, hire uneducated management, do not value education. Minimal to no growth, don't expect to be paid or recognized for result, mediocrity is praised. Poor pay and no control over bonus. No motivation. If you want to make anything of yourself don't work here.

2.0
Mar 9, 2016

Clueless

Recommend
CEO approval
Business Outlook

Pros

The pay is above average

Cons

Management has an identity crisis. The men that started the company are smart. This says nothing for their ethics. The company is always in transition, management spends more time and effort protecting their jobs than doing their jobs. Bringing Google on board was a feather in their caps. Unfortunately many of the management team have no management training. This leads to a company attempting to emulate a successful partner and missing the mark by a mile. Promoting or hiring a person into a position and not ensuring they are trained and have the necessary tools will never work.

3.0
Jan 8, 2016

A company in transition

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Auction.com time is a dog year- one year equals seven.. okay maybe really 4 or 5 in most companies which can be good or bad depending on your situation. It provides a lot of room for growth due to the high turnover, which may or may not be the companies fault. If you like fast paced, high stress you will excel and can move up or realize you can do better at another company . If your a wall flower you will take yourself out of the game and move on. As a result you see very few people that have been here more than 3 years which is too bad as you don't get the mentorship that you find in many other companies. The new CEO seems to have brought about a renewed sense of excitement and has the personality of someone who will listen and take your thoughts and ideas to heart all over a beer. He isn't a corner office on the 90th floor type but then again neither are any of the companies founders. Auction has a second to none platform that is constantly evolving and trying to increase both the buyers and sellers satisfaction. It is perfect no but we are always striving to up the bar and challenge ourselves to make it better. Every office has its own personality. While being a Orange County based company you will get a different feel in the corporate office versus the Austin office versus the NYC office. In other words it isn't a tech company of clones and I applaud the leaders for seeing that and not trying to turn everyone into a nameless corporate entity.

Cons

The uniqueness of start up technology company is starting to fade away with more and more Senior management being put into place thus we are slowly turning into more of a true corporate structure. New management bring new ideas but also new egos along with it. The new Business Development compensation has gone from one of 50% base and 50% commission to a 20% base and 80% commission and has the feeling a bait and switch mentality. Now that ADC has your former clients, contacts, databases and most importantly your experience you brought to the table but now we are cutting your base by 70% but we will let you make more but we are investing in you and taking the risk of your earnings now... Needles to say if your a top performer you have realized that with the base being so low you might as well go back or to true commercial brokerage and make real serious money. The mentality is already switching away from a " I am part of a sales team and that is part of why I get a good livable base" to my base is a joke compared to other seasoned sales professionals and I need to make it up in commission so it is all about me." Who loses in the end? The company and the customer. 4 years to be fully vested for 401k? Grant options are WAY behind the rest of the industry if your trying to attract top tier sales professionals and technology leaders.

Viewing 49 - 51 of 79 Reviews

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