Aug 19, 2021
CoStar Group Response
4yWe are disheartened to read this review and to learn that your experience working at CoStar Group was not a positive one. As a company, we are fully committed to developing a diverse workforce and fostering an equitable and inclusive environment. What you describe in your review is not in keeping with our goals to cultivate a thriving, diverse company culture where employees are engaged and feel empowered to bring their best selves to work each day.
CoStar Group is committed to the equality of employment opportunity without regard to many protected classes including race, gender and age. This applies to decisions regarding employment activities including, but not limited to hiring, terminations, compensation and promotion. We actively recruit candidates from diverse backgrounds because we believe that diverse teams make good business sense. The diversity of thought resulting from our different perspectives and backgrounds allows us to deliver innovative research and technology solutions that best serve our customers.
Our diversity, equity and inclusion programs have contributed greatly to our inclusive culture. Over the past year, we have developed an internship program which sources students of color pursuing undergraduate and advanced degrees and launched employee resource groups for people of color, women and members of the LGBTQ+ community. Many of these groups focus on professional development specifically for their members to aid in their career development. We have also increased the focus on diversity, equity and inclusion as themes within our new manager training and leadership development programs.
To your comment about unskilled managers, we rolled out a new manager training program in late 2020 and through that program, have upskilled close to 300 managers to this point. Areas of focus for this program include transitioning from individual contributor roles to a manager level, self awareness and communication styles, fostering an environment of trust and inclusivity amongst team members and managing performance both formally and informally through coaching. We intend to grow this program over time, including programming for leaders at all levels. Additionally, we are taking active steps to develop our existing talent pool by investing in leadership development programming for employees of color.
While we understand you have left the company, if you are able, please email HRdepartment@costar.com and share any additional information with us as it relates to your experience at the company so we can better understand your concerns and ensure current and future employees have a more positive experience . We wish you the best in your future career goals.