Compass reviews

3.9

71% would recommend to a friend

(408 total reviews)
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Robert Reffkin

75% approve of CEO

66% positive business outlook

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408 reviews

Reviews about "Compensation"

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1.0
May 12, 2020

An unequivocal dumpster fire

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Intelligent, kind co-workers who were tricked into joining this mess - Free healthcare - Unique, well designed office spaces (organic offices, not the acquired companies) - Cool swag - LT come from highly touted backgrounds NOTE: This is a real review. This page is riddled with fake reviews to save face. For a company that claims to value feedback, it makes you wonder why these people need to hide negative, honest reviews.

Cons

If you are considering joining Compass on the operations side (Agent Experience, Marketing, etc) don't. Culture and team morale has completely plummeted since early 2019. - For a company that claims to be a "modern tech company", the rampant misconduct conducted by agents is completely unacceptable. Complaints about verbal harassment, violations of ethical standards, and bad behaviour go completely unchecked. I've witnessed multiple situations where staff have been verbally abused in the office by agents with no repercussions because "they didn't mean it" or "they can't control themselves". It's sad that employees have no protection from management or HR. - The HR team is non-existent. Though it's not their fault, they've been set up by LT to fail. - In 8 years we are no where near where we should be on the tech side. Agents have very low tool adoption and don't like using the tools. Tools are also riddled with bugs and issues that make them unusable. It's very common for support staff to have chopped up work-arounds to perform basic functions. - Easily the worst review process I've ever experienced. As other reviews have stated, it's horrific. Massive delays, no transparency, no way to push back on scores or negotiate bonuses, no standardization, and tons of politics. - No career growth without politics, how can someone who continuously scores perfect (5/5), and near perfect (4/5) scores on performance reviews not get promoted? Even requests to transfer departments, or moves to other regions were shut down. Completely baffling. -Awful, toxic, cliquey mid-level management. Another stunning achievement by Compass. My region had some of the most incompetent managers I've ever had the misfortune of working with. It was perplexing to understand how some of them were even hired. One that stands out in my mind is a manager who received the lowest employee satisfaction scores in the entire country (sub 10%), yet went unquestioned and still remains in their role. How does a company build a strong culture around this? - Benefits have been stripped away because of COVID - I'm doubtful they will ever come back. - The ridiculous pivoting and random promises made by LT. This includes things like - the hellbent push to get agents using signs that we don't have, the hellbent push to update FONT SIZES on every piece of collateral, running around a REtreat telling agents about a Concierge card that doesn't exist, running around a REtreat telling agents about a marketing strategy deck that the marketing team doesn't have, etc. The list goes on...

3.0
May 7, 2020

Objective rating: 3.5 / 5

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Smart, hard working, and genuine colleagues who support one another each and every day. -Robert is an inspiring CEO and has big vision for the real estate industry. -C-suite come from impressive backgrounds - consulting, Amazon, Facebook, Spotify -Fair work-life balance -Solid perks and benefits: Fitness and education stipends + dinner if you work late. Healthcare paid for. Fair starting salary. -Impressive list of investors throughout funding rounds -The product has potential - but 8 years in, Compass should be much farther along.

Cons

-The tech platform truly does not provide a competitive advantage for Compass agents in market. Most employees do not believe Compass is a tech company, but rather a well-funded brokerage -Agent support structure does not provide career growth internally nor positioned for tech scalability - and job an tend to quite monotonous (Agent Experience, Marketing, etc). -Young, inexperienced middle managers who are poorly trained and many times, are much less experienced than those they are managing. -Nepotism and favoritism for HQ employees. It’s near impossible to get performance recognition, let alone a promotion for non-HQ staff. -P&E is visibly favored by Robert and management. For example, during Covid all employees are taking pay cuts except P&E. -Agents are put above employees, every single time. I knew colleagues who were scared of agents because they got treated so poorly. -Lack of preparedness or planning by upper level management made processes change every day / added work - all under the guise of #MovingFast. Start ups change direction quickly but they’re usually is transparency. Moreover, Compass is not a start up. -High turnover among C-suite -Lack of diversity, particularly racial diversity in the New York region as late as 2018. This has gotten better over the past couple of years. -Upon signing employment contract with Compass, you are sold one thing and as cost cutting has increased for IPO, many things have been removed slowly over time.

4.0
May 4, 2020

This was a job! (But not a bad one.)

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compass was, overall, an enjoyable place to work. I really liked my team - the crowd skews young, but they are smart, hardworking, and collaborative. I'm not sure about others, but I personally felt that my compensation was "at the high end of fair" - not quite "generous," but aligned with the market. Medical benefits are included unless you elect a Cadillac plan, and the free ones are pretty good - not HDHPs. The office has catered lunches every day, and if you're petty enough to complain about the quality of the free daily catering, then please tell your personal chef I say hello. Office is dog friendly. There are events, etc., if that's what you're into.

Cons

Extreme lack of transparency from leadership. All-hands meetings are frankly a joke: they put the CEO or another C-Suite leader on stage and deliver a motivational speech, when the reality is extremely different and many are worried about job security (even pre-COVID.) Performance review processes are extremely convoluted and can run for months beyond their allotted time. This wouldn't be a major issue if performance reviews weren't also directly tied to raises. They are rigidly structured and managed extremely poorly - I would not count on getting a raise or receiving a bonus, even if the bonus is built into your comp structure, even slightly. Treat getting your bonus like winning the lottery. It's that hard - not because performance standards are so high, but because the system itself is like a Rube Goldberg machine.

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