The Scion Group reviews

3.0

42% would recommend to a friend

(583 total reviews)
avatar

Robert Bronstein

54% approve of CEO

33% positive business outlook

The Scion Group has an employee rating of 3.0 out of 5 stars, based on 583 company reviews on Glassdoor which indicates that most employees have an average working experience there. The The Scion Group employee rating is 20% below average for employers within the Real Estate industry (3.8 stars).

Reviews by job title

583 reviews
2.0
Mar 28, 2023
Recommend
CEO approval
Business Outlook

Pros

Decent compensation, recently increased PTO accrual and expanded maternity leave.

Cons

Outright robbery when it comes to Turnover. They will give you up to a $1000 bonus for managing Turn (despite the literally hundreds of ADDITIONAL hours you'll put into it in a months period). Thing is, 75% of that is meeting your budget, which as of late, will be next to nothing and almost impossible to meet. They will absolutely abuse your time as a salary employee. If you have children or any life outside of work, kiss it goodbye for little to no additional compensation. Scion has simply given up on taking care of their properties. I can't put it more matter-of-factly than that. In the past year, nearly all capital projects/improvements were canceled (after previously been approved). Which means, as a General Manager, your property is going to look/operate like crap and you won't have the resources to do anything about it (despite being evaluated on this exact thing). Broken locks, exterior leaks, dated furniture, old carpet... these properties are turning into haunted houses. Scion likes to pat themselves on the back for being the biggest "owner" of student housing properties, but the truth is, they are so beholden to outside investors and loans, they are at the complete mercy of a high-inflation market. They purchased so much in a short period of time, they can't keep them all operating at a proper level and as a result the entire portfolio is in decline.

1.0
May 7, 2016
Recommend
CEO approval
Business Outlook

Pros

absolutely besides the corner bakery downstairs.

Cons

After a month I quit on the spot and walked out. Absolutely no guidance to this company. It's salaried but you're so overworked people come in on Saturdays and it's just expected. There literally is such no direction no one would even give me an exact duration on how long my lunch break was. I work 10 hours a day now but I went into it knowing that so the hours didn't bug me but the management was absolutely awful in every way imaginable. The controller left shortly after me and the vice president was murdered so there's that too. Expect a company in chaos if you work here because it was already before that.

1.0
Aug 30, 2014
Recommend
CEO approval
Business Outlook

Pros

The company is on a track to fast expansion, and with its high turnover rate there are a lot of opportunities for promotions or lateral transfer from one location to another. The product (mainly student housing properties) is decent and the company allocates a lot of money on advertising, making it easy for the getting the product's name out there. The company is constantly hiring people to backfill positions, so if you are looking to get a taste of the student housing industry but have limited choices, this could be your bottom line option to get some experience. But really, it is the bottom line and should only be for new people. If you have experience or other choices, do not sell yourself cheap to this company.

Cons

Extremely high turnover rate due to the high level of stress and bare minimum level of support and compensation from the corporate. The corporate office takes it for granted that its local branches should be able to perform 120% result with 50% of the resource, guidance, and support. Corporate directors have big enough egos to demand your unconditional obedience, little enough understanding of your situation to make a sound plan and budget, and next to no patience to hear or respond to your feedback and updates. This breeds inability to face problems and carry out solutions until the situations deteriorate into utter hell, and then comes the blame storming, finger pointing, and scapegoating. People quit or get fired, only to leave the remaining team members to suffer the work overload while the corporate takes on average 3 months to find an illy qualified replacement, just another soul to be burnt out soon. Poor compensation and recognition, little guidance and support, and loud yelling discourage anyone to take initiatives on anything outside of their regular responsibility. If you really want to bite the bullet and got an interview from them, ask the question why the position is available and what happened to the previous staff. If it was a fire/quit, ask the reason. If it is was a promotion of a transfer, ask why the other position opened up. It will be immensely beneficial for you to figure out whether you are getting yourself into tons of unsolved problems accumulated by the previous staff or going into a relatively more stable local branch that did not suffer too many turnovers. Use that to negotiate your compensation, and make sure to compare their offer to similar or equivalent positions/skills required at other companies, as their "top paid" positions could end up having a salary of being 41% below the industry average.

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Glassdoor has 597 The Scion Group reviews submitted anonymously by The Scion Group employees. Read employee reviews and ratings on Glassdoor to decide if The Scion Group is right for you.