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Veros Real Estate Solutions

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Veros Real Estate Solutions reviews

2.9

54% would recommend to a friend

(34 total reviews)

Darius Bozorgi

74% approve of CEO

62% positive business outlook

Veros Real Estate Solutions has an employee rating of 2.9 out of 5 stars, based on 34 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Veros Real Estate Solutions employee rating is 25% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

34 reviews
3.0
Mar 18, 2019

Decent company in some ways, but could be better

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company events are usually decent. At the annual Christmas party there are usually a couple of decent gifts (e.g. game consoles, cameras, etc.) thrown into the mix by the President of the company that make it interesting. There are various company events throughout the year that have small prizes (e.g. $50 gift card) or free food (e.g. lunch and learn events). Most of the direct supervisors are decent to work with. The release management team I think does a fairly strong job. I would say for most infrastructure that we had adequate resources. My workstation was decent and my cubical had ample space with a whiteboard to diagram things. All the equipment seemed to meet the needs. The President was a decent guy the few times I interacted with him. The company does offer bonuses at the start of the year that were typically a few thousand a year ($1-3K) depending upon tenure and some arcane formula that nobody could explain.

Cons

A few criticisms is that the 401k match is a bit weak at only 25% of the first 6% and you need 5 years for it to fully vest (i.e. 20% per year). In addition, the 401k fund choices left something to be desired whereas expense ratios. Some of that is no doubt due to being a smaller company, but it still reduces the value in contributing above the percentage matched unless you can afford to max out an IRA as well. The match is better than nothing as some companies don't offer a match at all, but many offer more generous matches. Most "merit" raises were about 3-4%, which keeps up with inflation, but isn't much of a merit raise after you deduct inflation. In addition, I have observed that some of the middle managers sometimes create tickets that serve little or even no purpose at all. e.g. I have seen managers ask about checking updating something that we just updated last week and would have taken a second to verify. I have also been asked to verify that a specific vendor product was going EOL when I already had put that information on a roadmap months ago. The company moved around the desk layout a bunch for no really logical reason about a year ago so sometimes management does things that nobody really can explain the logic. Sometimes management can move too fast or too slow on decisions. I had some issues in queue for manager approval sometimes for weeks on seemingly minor decisions and in the reverse I have seen managers approve purchases where in hind sight insufficient due diligence has been done. Fortunately, though we weren't scapegoated for such a decision. I have also noticed that while most were quite competent at their jobs that there were a few that I think were underprepared for their jobs.

1.0
Aug 4, 2023

Keep Looking

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pro's are limited. The main one would be to not be unemployed. Medical Benefits are limited to a single provider Anthem HMO/PPO. I would not say they pick up a lot of the cost. There are still other ones like Accidental, Critical illness, voluntary, STD, etc. available here. Currently most employees that live over 30 miles, I believe, are required to go into the office on two days only (set as Tuesday and Thursday). Random benefits of a 10 min chair massage or yoga classes if you can get signed up quickly enough also exist.

Cons

The cons are many. There is not a great company culture that emphasizes employee empowerment, growth or retention. They have employees that have been there quite a long time and I believe it is their age and a mix of what they view as acceptable from an employer that keeps them there. Most of those people, I expect will retire from there. It is more aligned with "let us see how much you can produce" or what is your output level under stressors that include micromanagement, lack of clear goals, no formal performance review process, resources to succeed, overload of work, rigid expectations with little or what seems like forced flexibility - just to name a few. It is my belief that leadership and culture are a huge part of what keeps talent in an organization and prevents high turn around, among other things of course. The culture, in my time there, seems toxic across all departments. Leadership's lack of transparency and engagement with what employees are experiencing creates a very stressful environment across many levels and departments. People have to work when they are sick or in conditions that the company won't accommodate to if you experience chronic symptoms of some kind. I do not understand the lack of flexibility here especially when it is raised or supported by a medical letter. Sometimes, it seems like a very sad social experience that I would like to dive into in terms of why people stay here, but they keep you so busy, you lose any real sense of wanting to be a part of the organization and immediately enact boundaries with the time you have to spend there. The WFH situation for people who live closer to the office is vague and dependent on Manager/Director approval. Each one will blame other leadership on having you physically in the office 3-5 days. The company pretends it wants to improve in terms of operations by influencing the use of Agile methodologies, adopting certain platforms to introduce to teams for PM and other use. You'll quickly see how fragmented this is. It is more like a facade that by having these, they are actually adopting an "agile" and flexible approach to improving as a company. Human Resources is staffed by a director and a recruiter. Their follow-up to business or employee-related requests or even to their own meetings, will be delayed, if they do respond. From speaking with several employees, they seem very dismissive of personal matters. I understand they are there to protect the business but usually there is some tendency to engage in what I would call employee development/empowerment. Like I said there is no real formal or even published way to promote employee performance evaluations. From what I gather, most employees in recent years have received 3% or less which is very unfortunate in this economy. In general, not isolated to HR, I would say Veros is probably not interested in your career development, your personal self, but rather your output. Don't think you will be respected or valued at the individual level. You are there to provide them with something. As long as you keep that in mind and don't have a problem with this type of culture, you will be fine. But there are so many other employers and cultures that are not like this and I guess that is why it is hard for me to accept being ok with it since I have had quite different experiences. Especially with COVID, a lot of companies realize the value of allowing the individual to take care of themselves and their family and empowering them in their career by providing flexible schedules and formal policies that support work-life balance and much clearer ways on how you can develop professional in their settings. This is not one of them.

1.0
May 20, 2019

Terrible company with even worse management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nothing I can think of.

Cons

Pressure cooker where you will be fired immediately if you aren't up to pair within weeks of your first day. Middle management creates a sweatshop like environment where you wonder every day if this is the day you will have heart attack or stroke

Viewing 1 - 3 of 34 Reviews

Glassdoor has 35 Veros Real Estate Solutions reviews submitted anonymously by Veros Real Estate Solutions employees. Read employee reviews and ratings on Glassdoor to decide if Veros Real Estate Solutions is right for you.