Culture Deficient - First Vice President Newmark Employee Review

1.0
8 Apr 2024
Recommend
CEO approval
Business outlook

Pros

It is a company that is currently operating.

Cons

10% of your salary is paid in equity. If you leave the company, the terms of the equity pay are such that they can take stock shares back from you without notification. Your pay is based on commissions with a draw note for your salary. So, if the work handed out by management is not sufficient to meet your guidelines, they can terminate you and claw back part of the pay you earned with making a pittance.

Explore other reviews about Newmark

5.0
13 May 2026
Recommend
CEO approval
Business outlook

Pros

Lots of exposure and I love it.

Cons

There are no current cons I can think of

1.0
23 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent office, PTO, and Benefits.

Cons

Worst company I’ve ever worked at! No transparency from leadership. Lack of direction from leadership. Employees are set to fail from the beginning, with daily changing priorities and zero communication. Leadership blames employees for mistakes that are set up by leadership. A revolving door, employees disappeared every two, three, six, and eight months. Some employees resigned, and others were laid off, and there is no explanation from leadership. Many employees take the offer and leave their current employer, only to find out it's the biggest mistake they've made by coming to work at this company. Many high-producing brokers feel that they are “Gods.” Every team works in silos. This company has no culture at all. Don't work for this company, run the other way!

2
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