W. P. Carey

  www.wpcarey.com
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W. P. Carey Reviews

Updated May 25, 2014

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All Employees Current Employees Only

2.1 12 reviews

50% Approve of the CEO

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Trevor P. Bond

(6 ratings)

22% of employees recommend this company to a friend
12 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Company is going downhill. Still performing well but employees are demotivated and unhappy.

    Anonymous Employee (Current Employee) New York, NY (US)

    ProsGood benefits, work is interesting. Company is a leader in its industry and employees feel proud about that. New systems being put in place should ultimately have a positive result on workload and processes.

    ConsManagement is completely disconnected with the rest of its employees. New management that has been brought in over the last few years is trying to redefine the company and its culture. No value for the long history of success. Ridiculous expectations being set in accounting and IS departments.

    Advice to Senior ManagementStop hiring all new people and firing those who have worked hard to build company.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Super micromanagement & Poor management

    Associate (Current Employee) New York, NY (US)

    ProsBenefits, but it is not as good as used to.

    ConsSuper micromanagement in the accounting dept, they keep track what time you come and leave, they make sure you work long hours, most managers have no clue about real estate accounting. You're on your own. Anything screwed up, you're screwed.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Potential for Change

    Director (Current Employee) New York, NY (US)

    ProsNew CFO with great leadership and vision for change.

    ConsOld boys club enviornment will take time for real changes to be implemented.

    Advice to Senior ManagementSeek advice of employees, both new and old to understand the issues within the company and across departments, as there are many areas to improve.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Not a Good Place to Work

    Anonymous Employee (Current Employee) Tempe, AZ (US)

    ProsUniversity benefits are good. They are flexible with work schedules during slow times. Nice campus.

    ConsExtremely clickish. If you are not kissing up to management no matter if you are a hardworker, get your work done, you are still outside the circle so will not get the benefit of performance increases (even if you got 4 or 5's on your review). A work enivonrment of "friends helping friends".

    Advice to Senior ManagementTreat everyone equally and don't talk down to people. Everyone is an adult. People should be rewarded for their work and not their social standing.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Old boys club...nepotism, nepotism, nepotism

    N/A (Former Employee) New York, NY (US)

    ProsGreat benefits (in the looooooong run). If you can tolerate being another suit in a ship full of Borg.

    ConsThe entire office culture is based on white, uptight, frat boys from family connections, stuffy Arian from Darien clubs and socialite wannabes with little to no intellectual curiosity to navigate real world business.

    Advice to Senior ManagementAdd mandatory diversity training to all levels of employees, including the Board and Executive Committee. The old fogey stogie era is over...it's time to get with the new. The CEO is yet another relative of William P. Carey.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Worst mistake ever- micromanagement coupled with excessive long hours everyday until 11pm

    Anonymous Employee (Former Employee)

    ProsGreat for young people with no family and wants a firm for a short term for their résumé. Good benefits.

    ConsThey think they own you. Blackberry. Email on a Saturday at 3 Am. Work till 11 pm. Expect to work holidays including day after thanksgiving/ additionally training is by consultants that want perm jobs. Computer system is very poor, although they are looking to upgrade within 2 years.

    Advice to Senior ManagementHave the perm employees train newcomers and not the temp. Also be honest about the constant long long hours. Get a new computer program faster. Perhaps your employees won't have to work to midnight. Excel on manual is unheard in this day in age!

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Great

    Anonymous Employee (Current Employee)

    ProsGood location, Good people....had a very nice experience working. Nice environment to learn and grow

    Consless opportunities to grow at higher level

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Well run, successful, not as much fun as it could be.

    Anonymous Employee (Former Employee)

    ProsPleasant people, good compensation, successful company in the real estate sale-leaseback space

    ConsMany cubicles, low key, driven culture, lacking in camaraderie and communication.

    Advice to Senior ManagementImprove communication with staff, reconsider the HR testing to get more diversity of personality types.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    No loyalty to their top performers

    Anonymous Employee (Former Employee)

    ProsGood Benefits, the best I have seen

    ConsCan't make up their mind on what they want
    long hours
    micro-managed out the ying yang
    almost like being in school...if you aren't in the "click" you are ignored
    no recognition
    management will get rid of people just for the "heck" of it ...with no real reason, even when their "Review" is Excellent

    Advice to Senior ManagementTake a chill pill and pay attention to what it going on
    learn from field
    Take training classes

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Not a good place to work

    Associate (Former Employee) New York, NY (US)

    ProsThey have very good Benefits

    ConsThere is a lot of Nepatism, unfairness, disorganized

    Advice to Senior ManagementMore training for managers needed

    No, I would not recommend this company to a friend

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