W. P. Carey
2.1 of 5 11 reviews
www.wpcarey.com New York, NY 1000 to 5000 Employees

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2.1 11 reviews

                             

60% Approve of the CEO

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Trevor P. Bond

(5 ratings)

25% of employees recommend this company to a friend
11 Employee Reviews
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Super micromanagement & Poor management

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

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

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

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Potential for Change

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

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

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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Not a Good Place to Work

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

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

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

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

Anonymous Employee (Former Employee)

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

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

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Old boys club...nepotism, nepotism, nepotism

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

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

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

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Great

Anonymous Employee (Current Employee)

I have been working at W. P. Carey

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

Consless opportunities to grow at higher level

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

Anonymous Employee (Former Employee)

I worked at W. P. Carey

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

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No loyalty to their top performers

Anonymous Employee (Former Employee)

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

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

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Not a good place to work

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

I worked at W. P. Carey

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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"Micromanagement nightmare"

Anonymous Employee (Current Employee)
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 Senior Management-Learn to spend a little more time with the sales team. The effort is noted, but easy to see right through the veil.

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Glassdoor is your free inside look at W. P. Carey reviews and ratings - including employee satisfaction and approval ratings for W. P. Carey CEO Trevor P. Bond. All 11 reviews are posted anonymously by W. P. Carey employees.