Hongkun Reviews

2.9

47% would recommend to a friend

(27 total reviews)

Richard Liu

Not enough data to show CEO approval

34% positive business outlook

Hongkun has an employee rating of 2.9 out of 5 stars, based on 27 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Hongkun employee rating is 23% below average for employers within the Real estate industry (3.8 stars).

Reviews by job title

27 reviews
1.0
13 May 2020

***READ*** Think twice before you apply

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They will hire anyone who applies.

Cons

-The structure is faulty and lacks organization- the word "management" is merely a suggestion. The young and inexperienced run the show, both equally irrational and uncultivated. Unprofessional, entitled and laughable. Integrity? That’s practically non-existent. -Reports are unsure who to look up to and therefore lack guidance, which influences the overall structure of the company. Hardly any communication, as everything is a secret. Nobody is privy to information even when it’s pertinent to their role. Lying, burning bridges with essential business contacts, unethical and negligent decision making is all happening on a daily basis. Seldom showing up to meetings, lacking basic knowledge of the US real estate market, exaggerating project numbers, making false promises, is common here. Unable to communicate effectively in English, only Chinese candidates are hired. (Sincerely won't even look at resumes that don’t have Chinese names.) This deeply hurts the company from positive progression and hiring qualified talent. -Excessive micro-management: clock-ins/outs, monitoring computers all day, using social media to control one's life 24/7. -Turnover rates are HIGH- one barely has time to learn anyone’s name since people leave once they discover how toxic this environment is. -Shocking financial issues, despite the fancy office. Everything is swept under the rug. No idea where the money is going... none of the projects are built yet... there's no valid or legitimate portfolio of projects to be shown. Obnoxiously throwing money at issues that could have been avoided by making a logical decision in the first place. -Lay-offs are increasingly frequent and severance packages are non-existent. Relentless lay-offs right before Christmas and most recently during the COVID19 crisis, without any package or benefits. Salaries were cut except for the favored ones and monthly payroll was either missed or late during COVID. -FAVORITISM/NEPOTISM to the highest degree. One with connections, most likely a relative- are employed without proper education, experience or merit. They do the bare minimum whilst collecting a decent salary. People buy their way in, i.e. family invests/ has political or business connections. In turn, reliable folks that are an integral part of on-going projects get laid-off, to make space for the inexperienced. -The office culture doesn’t exactly enforce being hardworking or productive, it’s all about taking shortcuts. Bribes with small cash prizes for working the "hardest" are happening all the time. There is zero moral backbone supporting this place. Don’t be fooled by the reviews saying it's all rainbows and team-building, as those reviews were “strategically" written in order to salvage what’s left of their reputation. The only things fueling this place are gossip, nepotism and duplicity. It's incredibly baffling that such a fraudulent establishment can continue operating.

1.0
9 Sept 2019
Recommend
CEO approval
Business outlook

Pros

Low barrier; easy to get in.

Cons

They named Business Development but truly they just want to exploit your personal resources - namely to let you persuade your friends and relatives to put money in this company. Even worse, Hongkun USA would lie about getting you h1b, but if you "fail" to bring in any personal money, they would just fire you. Apparently it is a fraud. DO NOT come here if you have any other decent offers. Chaos management. All managed by the family relatives. No regulations needed if it is the blood relation that counts most. Obscene atmosphere. Lots of MARRIED male Cs and directors (some even have children) are still hooking up with the newbies and judging about their appearances behind back. Lot of rumors going on.

1.0
9 May 2020

Don’t do it even out of desperation

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Office is nice with good views they cannot really afford

Cons

You will feel miserable about yourself. You will burn bridges with your relationships You will ruin your reputation Could have been a great platform as there are some talented senior management people. CEO is a kid who need not to attend meetings and ruin the work of others. He is a complete joke of a human being who cares little about the wellbeing of the employees.

Viewing 1 - 3 of 27 Reviews

Glassdoor has 31 Hongkun reviews submitted anonymously by Hongkun employees. Read employee reviews and ratings on Glassdoor to decide if Hongkun is right for you.