Mirage - Anonymous employee CoStar Group Employee Review

CoStar Group pays its employees market competitively and based on performance. We reward our employees with additional compensation that goes above and beyond the market average via bonuses or commission. Compensation for our upper management is very much in sync with executives in other companies of similar caliber and size. Our executives’ compensation is highly weighted on the long-term performance of the Company and they are doing well because CoStar Group is doing well under their leadership. CoStar Group offers a wide range of growth opportunities for its employees, whether they are in the clearly identified career paths within departments or the numerous opportunities for internal transfer to a role that may better fit an individual’s career goals. We are open with our employees about the chances for future growth available to them; it is simply a matter of them deciding what they are interested in doing longer term and working with their manager to figure out how they can prepare themselves for that goal. As a growing company many researchers have taken advantage of the opportunities, e.g., to move to a new city or focus on an expanding market constantly being offered. There isa wide array of roles throughout CoStar Group that require varying levels of education, experience and knowledge. For those positions that we consider to be entry level, we provide those we employ with a high level of information about the commercial real estate industry, and while we know they won’t all remain CoStar Group employees long-term (as is the nature of an entry level role), we are committed to investing in new entrants to the workforce with the information and experience needed to succeed in the Commercial Real Estate industry. Many of our researchers, for example, move on to become commercial brokers or analysts for major real estate firms – and with the information and expertise we helped them develop we hope they can be successful in the industry.