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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3.0
Aug 13, 2014

Getting Better Over Time

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

After a rough few months of changes and layoffs, the company finally feels like it's better aligned for future success. Teams are better structured and we now have common goals. We've redefined our company mission and vision, and it feels like our individual goals and OKRs are aligning to achieve our mission/vision. It's not 100% there but it is getting better and I'm very hopeful for the future. The executive team is aware that we need to work on our culture and is making a dedicated effort to listen to employees, communicate better with employees, and build a strong culture. What I'm about to type will sound pretty brutal but it's how I perceive the situation - there are a lot of comments on here talking about the layoffs. I will agree that there were a handful of good people in those layoffs that got let go with little to no communication but for the most part? The layoffs reduced redundancy and got rid of idiots. And unfortunately, there were wayyy to many idiots that didn't do anything prior to the layoffs. There are substantially fewer idiots now and the people left are people who actually work and do their job and do it well. My benefits are pretty decent, we get free food in the Belmont office which is cool, my technology set up is pretty awesome, my coworkers are great and i'm finally on a great team. Like i said, it was a few bumpy months but I think things are finally aligned and will get even better over the next few months as we continue focus on our objectives, our employees, and our business. To sum up: * There are substantially fewer idiots, complainers and slackers now * Teams finally aligned and make sense * We got paid a bonus and while it was late, we still got one despite a downturn in overall company performance. Having come from big companies that don't give you squat when the company performance isn't 110%, i think something is better than nothing * Things are improving, management is aware of the problems and are working to fix things over time * Free food for Belmont, snacks, fun team

Cons

In the year that I've been here, I have had 4 different managers and the first three were awful. My current management team actually understands marketing and what I do so that is good. The layoffs demoralized people so that's been a con as people feel down and currently mistrustful of management. The communication from management isn't great. My bonus was late but I do realize that I'm lucky enough to get a bonus so I'm not complaining about that so much as I am the lack of communication. Internal communication is awful and needs to get better.

4.0
Jul 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Auction.com offers its employees amazing work/life balance, competitive pay, great benefits, and a multitude of opportunities for self-development. Most recently, senior leadership placed a renewed focus on its employees and is working to redefine the culture of the organization (blending together the best that the real estate and technology worlds have to offer). For me personally, I work in a super high-functioning team, and am surrounded by smart, driven people, who are here to fundamentally change the way people transact real estate on-line. As a company, we work in one of the final on-line spaces that has not yet fully transitioned over to the web, and it is exciting to be at the forefront of that change.

Cons

It's not perfect, but what company is - trying to fundamentally change the way real estate is bought and sold on-line is not an overnight process and takes time. The company has gone through some challenging growing pains over the last 12 months, but those pains appear to be behind us now and we have clearer direction than ever before. This is an organization that embodies the definition of change, so individuals who are not nimble enough to adapt to change quickly, run the risk of becoming frustrated.

1.0
Jun 23, 2014

Bonus paid at 50%

Recommend
CEO approval
Business Outlook

Pros

Some work life balance here

Cons

Google invests $$$ yet our bonuses were paid out at 50% and THEN we don't get paid our Q1 bonus on time. I have worked here for 5 years and this is the first time that I was paid out at 50%. Already staff morale is low, there is no communication regarding bonus payout until two days before, the company is spending tons of money on parties and celebrations yet cut out bonus.

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