Ventajas
They offer health benefits with high deductible insurance and significant cost to employee for bi-weekly contributions. 401(k) matches are only given once per year which allows the company to save money because of their high attrition rate due to employee layoffs along with voluntary separations of employees that have been successful in securing gainful employment with a different employer.
Desventajas
Core Logic is in the Business Process Outsourcing (BPO) industry and operates as a 3rd party vendor for other companies who have chosen to outsource parts of their operation. Functions are performed through back-office, staff rebadge (i.e. staff augmentation) data warehousing, Contact Center, etc. As a result, similar to other companies in this specialization, Core Logic operates with a very small profit margin, therefore, cost cutting methodologies must be selected over logical strategic solutions. Employees are hired below market compensation and they can only recruit and retain low caliber staff. This practice is reflected within their high attrition and below average employee performance. If you are in a Sr. People Leader (Director Level) role expect approximately 70% of your day to be spent managing incompetent employees and cleanup from poor subordinate decision-making behavior, especially in the Tax Call Center where you will be spending most of this time navigating through trivial dramatic issues. The company likes to hire temporary staff for the Call Center so they can be laid off at a moment’s notice and these temps are reflected differently on the financial spreadsheets that relates to the departments overall run rate. Completely tactical roles of putting out fires - nothing strategic will be possible as I will explain later there is zero autonomy below Executive level staff (E.g. Vice President and above). Even the most petty decision making must be approved by your Executive (E.g. terminating a temporary employee due to misconduct issues, attempting to modify your departments’ attendance policy, opening a replacement requisition for a departing employee, changing of your direct report’s schedules, etc.). Annual compensation recommendations had to involve the commentary of my peers so they could opine on what they thought the employees of mine should receive with their overall review rating and who should be promoted to the next level – weird. Nobody below the Executive level wants to work here, period! This is demonstrated in the micro-managing by Executives who are constantly standing on top of their subordinates and stirring up chaos every couple hours throughout the day. They demonstrate very bazar and inconsistent behavior. Executive Paid Time off (EPTO) is a joke. Only in place to benefit the company, not the employee. Discretionary policy where if you’re not one of their cronies expect every attempt to request time off to be met with a frown and sigh from your boss. Strictly nuts and bolts type shop (E.g. no fringe benefits) only beneficial if you are at the Executive level. All positions below Executive are agonizing. Very cheap thrown up overnight office complex in the Irving, TX area with no cafeteria and only break rooms where you can’t even locate basic necessities such as utensils or cups (bring your own k-cup coffee & mug mentality). This is the only company I have worked for over the past 20+ years of being in a management role where I was not even offered to be taken out to lunch during my first week on the job, (Red flag) and it provided insight for me that my immediate narcissistic boss didn’t even want to fill my requisition. It took almost two months from my start date before my boss even began to schedule weekly 1:1 meetings. Obviously someone had to remind him these are necessary. Overall he demonstrated consistent disengagement with my professional development yet constant daily micro managing was the norm. There is no sense of hierarchy or autonomy between front-line staff and the Sr. Leader level. I was constantly trying to work through political infighting with my peers who were exhibiting passive aggressive and adversarial behavior in attempting to run my operation from the sidelines because of their feeling jaded from not receiving the role themselves along with personality conflicts. Hostile working environment where employees experience knots in their stomach coming here every day and can’t wait to escape in the afternoon and recover from their headaches. Be sure to negotiate as much as possible with your base salary offer as this is the only item to expect every other Friday. Nothing else! No bonus, no equity, no Restricted Stock Units (RSUs), Long Term Incentives (LTI), no filtered water, no drinkable coffee, nothing. If your base salary is over a specified amount there will not be a Health Savings Account (HSA) company contribution offered. Of course, this is not mentioned during the compensation negotiating process before accepting your job offer. Politics run ramped here. I was strong armed multiple times by my boss on whom to place in certain open or upcoming roles (requisitions) that he had strategically choreographed before the position was posted and before the interviewing process was even initiated due to the political nefarious behavior that is of normal practice. Once my subordinates were able to understand this practice of nepotism their morale greatly suffered along with my own momentum immediately declining. Open space set up is horrible! Tiny desks so they can maximize human capital per square-foot cost in order to place as many people as possible into the building which pushes the threshold on fire code. Actual private offices are only allocated at Executive level. Ridiculous policy as there could be an Executive with zero direct reports who is in the building one week per month and has an office vs. another employee below Executive level with 100+ direct and indirect staff responsibility in the same location forced to reside in an open desk in the middle of the floor only because of illogical job-leveling hierarchy. Meetings – the sheer volume was mind bending! Having to be the point of contact for over a dozen clients and balancing this with managing 100+ mostly incompetent staff made it impossible to perform anything strategic that would benefit the company and my department. Ultimately, I realized that I was being setup for failure by my boss and his cronies so I began to look for a different outside employer before getting laid off in the next cycle. You will make it 6 months, maybe a year at most and if not caught up in a Reduction in Force (RIF) lay off then you will end up quitting out of frustration. The good reviews on this website forum are from HR or offshore employees. I don’t see how anyone working here (especially at the Irving, TX location) would put something on this site that is positive. Proceed with caution if you must work here!