Newmark reviews

3.4

52% would recommend to a friend

(855 total reviews)

Barry M. Gosin

62% approve of CEO

61% positive business outlook

Newmark has an employee rating of 3.4 out of 5 stars, based on 855 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newmark employee rating is in line with the average (within 1 standard deviation) for employers within the Bienes raíces industry (3.8 stars).

Reviews by job title

855 reviews
3.0
Nov 15, 2024
Recommend
CEO approval
Business Outlook

Pros

- Valuable exposure to project and facilities management, including building coordination, stakeholder management, and logistical planning. - Opportunities to develop transferable skills by managing furniture deployments for new buildings and navigating complex timelines. - The benefit of name recognition from working with a prominent client, as well as the opportunity to interact with their employees and experience their culture, which provided unique professional insights.

Cons

- New Service Growing Pains: As a service less than 10 years old, it’s clear that the current path is not sustainable. There are foundational issues that need to be addressed to ensure long-term success. - Promotion Process: The process of updating my title took nearly a year due to extensive red tape with HR, requiring significant advocacy on my part. This was frustrating and disheartening. - Lack of Career Path: There is no clear career path for employees on our account, making it challenging to envision long-term growth within the company. - Organizational Disconnect: The company lacks a cohesive culture and does not make an effort to establish meaningful interactions with our account. Communication often feels like talking to a brick wall. - Challenges for Management: From my observations, it seems that even my management team struggles to effectively interact with the larger organization, facing similar communication barriers. - Under-Prioritized Account: At times, it feels as though our account is an overlooked part of the organization, receiving limited support or attention compared to other areas of the company. - Salary Considerations: While the salary is presented as "industry standard," it does not adequately address the needs of employees living in high-cost-of-living (COL) areas. - Cultural Division: Working closely with the client fosters a sense of alignment with their culture and identity, but it inadvertently creates a division in how we, as employees, identify. Many of us feel more connected to the client’s organization than to Newmark, which at times feels like little more than the entity that issues our paychecks.

4.0
Nov 1, 2024

Newmark

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Entrepreneurial energy backed by corporate structure.

Cons

Benefits package could have a more robust offering.

Viewing 121 - 123 of 855 Reviews

Glassdoor has 1,017 Newmark reviews submitted anonymously by Newmark employees. Read employee reviews and ratings on Glassdoor to decide if Newmark is right for you.