W. P. Carey Reviews

Updated 29 August 2014
Updated 29 August 2014
11 Reviews
2.4
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Trevor P. Bond
7 Ratings

Employee Reviews

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  1.  

    Great Firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at W. P. Carey full-time

    Pros

    Quality firm to work for.

    Cons

    I would look carefully what your growth potential is in whatever job you are offered - for you own knowlegde

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)

    I have been working at W. P. Carey full-time for more than 3 years

    Pros

    Good 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.

    Cons

    Management 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 ManagementAdvice

    Stop hiring all new people and firing those who have worked hard to build company.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  3.  

    Super micromanagement & Poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  New York, NY (US)
    Current Employee - Associate in New York, NY (US)

    I have been working at W. P. Carey full-time for more than 5 years

    Pros

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

    Cons

    Super 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Potential for Change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  New York, NY (US)
    Current Employee - Director in New York, NY (US)

    I have been working at W. P. Carey full-time for less than a year

    Pros

    New CFO with great leadership and vision for change.

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at W. P. Carey full-time for more than a year

    Pros

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

    Cons

    They 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 ManagementAdvice

    Have 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!

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Old boys club...nepotism, nepotism, nepotism

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - N/A  in  New York, NY (US)
    Former Employee - N/A in New York, NY (US)

    I worked at W. P. Carey full-time for more than 3 years

    Pros

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

    Cons

    The 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 ManagementAdvice

    Add 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at W. P. Carey

    Pros

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

    Cons

    less opportunities to grow at higher level

    Approves of CEO
  9. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at W. P. Carey

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    No loyalty to their top performers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at W. P. Carey full-time for more than 5 years

    Pros

    Good Benefits, the best I have seen

    Cons

    Can'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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    "Micromanagement nightmare"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)

    I have been working at W. P. Carey

    Pros

    -Good benefits
    -Best company in the industry
    -Very smart, caring, co-workers

    Cons

    -Long hours
    -Extreme micromanagement
    -Poor sales management and very little awareness of whats going on on the ground level
    -Management likes to get rid of people very regularly to keep people on their toes

    Advice to ManagementAdvice

    -Learn to spend a little more time with the sales team. The effort is noted, but easy to see right through the veil.

    No opinion of CEO

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