Kimco Realty reviews

3.7

63% would recommend to a friend

(135 total reviews)

Conor C. Flynn

93% approve of CEO

60% positive business outlook

Kimco Realty has an employee rating of 3.7 out of 5 stars, based on 135 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Kimco Realty employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.8 stars).

Reviews by job title

135 reviews
2.0
Jun 4, 2016
Recommend
CEO approval
Business Outlook

Pros

Direct managers genuinely care about the employees and are fantastic to work with. The company is very flexible with employee work schedules and offers generous PTO/sick time packages. Year-end bonuses are around 10% of annual salary plus every February employees are given a stock option payout of several thousand dollars. Kimco offers tuition reimbursement up to $6K annually and matches 401k contributions up to 5%. Insurance benefits are better than most, and they offer optional flex spending accounts for healthcare and dependent care as well.

Cons

Most (if not all) managers above one's direct manager are very difficult to work underneath. Many tend to micromanage and want to have their hands in every minute detail, yet when something important is needed from them, they either do not respond or it takes weeks/months to get an answer that should have taken 10 minutes. Upper management makes rash decisions about employees based upon limited observations and does not listen to their management team for input. The work currently being performed by the former Lease Administrator/Analyst position is a joke. Anyone with a brain will be bored to death. I really want to love this company and love the job. Kimco truly is a great company with great potential. It's the current management team that has ruined the PFA team. I will say the current management team has implemented some good changes on the accounting side, but the changes made to the lease administration and collections teams have had a negative impact.

1.0
Oct 3, 2013
Recommend
CEO approval
Business Outlook

Pros

Bragging rights to say you work for a publicly traded company. My annual bonus was 7.5% of my salary which is better than average. They pay 90% of employee health insurance and it is a good plan.

Cons

Pay is below industry standard. Work load is unrealistic. As a PM you are responsible for 12 shopping centers. This should be a team of 5, but they expect one person to do it all with one (low paid) assistant. They expect you to use the company issued Blackberry (yuk!) and be on call 24-7. Tenants hate Kimco because there is no customer service. Tenants call and yell at you because they are frustrated and upset. I never received an annual employee review, no increase in salary, no possibility to move up the ladder, no mentors. When you get hired, they say they reimburse for education, but my manager refused to authorize reimbursement for a work related class. If you get a "title change" there is no pay with the increase in work load. The computer data systems are antiquated. Nothing is linked together. You have to look 5 places for information to fill out a form. The systems and procedures bog you down from doing your job. If you make a mistake there is someone from the Corporate office who will call and yell at you and make you feel terrible. Why this rude person still works for Kimco is unacceptable! I found Kimco to be a negative environment where people were burned out and/ or not happy.

2.0
Dec 31, 2017

Inside Kimco

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It varies by department, but if you're a hardworker, there is always work to do. Good 401k match and decent health benefits. I learned many new skills here. The founder works hard and he has shown to be intelligent, hard working and respectful.

Cons

This became an uncomfortable, grueling place to go back to everyday. Some employees have favor and special accommodations when others dont. Communication is unclear. Many responsible employees are under higher demands and expectations including completing the work of several others with no added pay. The appreciation and respect was not usually given for consistent jobs well done. Common courtesy was scarce. In many areas, management is too top heavy. For example, 3 in management for a staff of 3-4 employees. Micro-managing is very common. The management drives workers into the ground and often takes sole credit for the accomplishments. For years, a department was overloaded with deadlines and pressure and it seemed they wanted robots instead if humans to complete the work. The company speaks of doing well to the investors but departmentally , employees are pushed relentlessly and not always acknowledged, appreciated or fairly compensated. Morale is low. Gradually, the benefit package was decreased. HR implemented a program to encourage getting more steps in each day. This was a refreshing concept until managers showed disdain for those who stepped away from their desk to take a short walking break. Senior management has a boys club vibe. Many employees are fully overloaded with deadlines and tasks. Frequent management changes at different levels caused repeated transition and confusion. Annual layoffs trigger a lingering fear for dedicated employees.

Viewing 10 - 12 of 135 Reviews

Glassdoor has 144 Kimco Realty reviews submitted anonymously by Kimco Realty employees. Read employee reviews and ratings on Glassdoor to decide if Kimco Realty is right for you.