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 5, 2014

Dysfunctional and uncertain. Avoid at all costs.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1) Real estate industry not yet disrupted by online commerce and technology so Auction.com stands out as a potential leader. 2) Constant change. If you like an environment that's constantly changing -- basically on a daily basis -- this is the place for you. No two days, or no two minute's, are the same. You may have CEO #1 at the top of the morning, then a new CEO #2 practically by day's end. So if you seek constant change, this is an amazing place for you.

Cons

-- Senior leaders who fail in departments and verticals actually receive promotions upon finalization of failure, and are able to lead other departments after such failure. Senior leaders for example fail in one department --Consumer to Consumer -- then have the ability to be promoted to lead Commercial Department. Really confusing how this actually happens. Definitely not a pro. -- Multiple levels of redundancy in management. For example, one division might have 4 Directors, 10 Managers. Confusion is key and logic and reason don't get much value here. The more in redundancy the marrier! The CEO might become the Executive Vice President in a week's time. Then a week later he or she might become the Marketing Manager. A week later a Director. Then back to CEO. Redundancy and chaotic nature are really things you can rely on here. -- Founders of company are really clueless of what's happening and misguided by master delegation experts. Senior level managers like SVP are masters of delegation. They actually do no work themselve's. They make others do their work and then pretend work and results belong to them. CEO lets political motives push forward change instead of real insight, and effort, and so on. Quality people who are smart and know things are left to play Game of Thrones where every week a group, individual, or bloodline is killed off due to blind nature of top exec management and CEO. --High turnover rate. Everyone from CFO to Managers to Directors are working on a revolving door environment. This place resembles a startup but has been around longer than such. This company boasts about partnership with Google, but only if Google knew the chaos that really happens here. Ohoh! -- Company does not pay bonuses. No transparency for bonus in this regard. Bonus schedule changes from quarter to 6 months to annual then back to quarter than back to 6 months and is very confusing for workers who are counting on bonuses for livelihoods. Depending on the psychotic decision making of executive leaders on any given day the bonus pay schedule can vary to a high degree again leading to confusion and uncertainty even though employees are depending on bonus. -- Poor leadership. Everyone is scared to take a position on everything and anything. Because everyone is playing Game of Thrones and worried about being sacrificied they are scared of actually taking positions on any topic. Really poor leadership is the result - sometimes no leadership is the reality that everyone has to work with. -- Avoid. At. All. Costs. Go to a real able company. This place has years to go before it actually grows up.

3.0
Jun 5, 2014

Ok Money, Bad Culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits and bonuses

Cons

lack of leadership and promotions within the company. the pay you start out with is most likely the pay you'll earn in the next few years, even though your skill set and work load increases

2.0
May 12, 2014
Recommend
CEO approval
Business Outlook

Pros

Good pay (if you are hourly). If you are hourly you will likely only work 40 hours a week with no OT but the pay is really good.

Cons

However, if you are salary the pay is also good but you will work from 9 am to 9 pm. They don't care if you have a personal life, you are to stay until the job is done. If they lay off hourly associates, they make the salary associates pick up the workload. They offer very little sick or vacation time and no paid maternity leave.

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