Is Monarch Investment and Management Group a good company to work for?

Monarch Investment and Management Group has an overall rating of 3.9 out of 5, based on over 357 reviews left anonymously by employees. This rating has increased by 1% over the last 12 months. 74% of employees would recommend working at Monarch Investment and Management Group to a friend and 70% have a positive outlook for the business. The best reviews about Monarch Investment and Management Group have been left by employees working as Assistant Regional Manager , Regional Manager and Assistant Property Manager .

Does Monarch Investment and Management Group pay their employees well?

According to anonymously submitted Glassdoor reviews, Monarch Investment and Management Group employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Monarch Investment and Management Group. This rating has been stable over the past 12 months.

How satisfied are employees working at Monarch Investment and Management Group?

74% of Monarch Investment and Management Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Monarch Investment and Management Group 3.6 out of 5 for work life balance, 3.8 for culture and values and 3.9 for career opportunities.

What are the top reviewed jobs at Monarch Investment and Management Group?

Property Manager (46) , Leasing Consultant (26) , Assistant Property Manager (20) , Leasing Agent (20) , Maintenance Technician (16) , Maintenance Supervisor (12) , Regional Manager (11) , Assistant Regional Manager (10) , Analyst (9) , Assistant Manager (8) , Regional Property Manager (7) , Recruiter (6) , Intern (5) , Accountant (4) , Management (4)

What are the pros of working at Monarch Investment and Management Group according to real employee reviews?

"Great benefits for all ranges of employees" ((in 27 reviews)); "Great people working hard from their hearts to do their absolute best." ((in 15 reviews)); "Training is good" ((in 9 reviews)); "Great company, ethics, team and benefits." ((in 9 reviews)); "Great leadership" ((in 7 reviews))

What are the cons of working at Monarch Investment and Management Group according to real employee reviews?

"Some Upper Management completely unprofessional" ((in 11 reviews)); "Management also allows the tenants to yell and scream at employees." ((in 8 reviews)); "Regionals isolate and alienate property managers from their staff." ((in 6 reviews)); "Blatant nepotism and favoritism." ((in 5 reviews))

What are the top reviewed Monarch Investment and Management Group locations?

Franktown , Grand Rapids , Columbus , Omaha , Toledo , Kansas City , Saint Louis , Denver , Lansing , Waukegan , Kalamazoo , Tucson , Grand Blanc , Dayton , Baton Rouge , New York , Madison , Detroit , Fayetteville , Abilene , Minneapolis , Waite Park , Little Rock , Cincinnati , Cedar Rapids , Topeka , Wichita , Lawton , Louisville , Fort Collins

Monarch Investment and Management Group reviews

3.9

74% would recommend to a friend

(335 total reviews)

Bob Nicolls

87% approve of CEO

70% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Monarch Investment and Management Group has an employee rating of 3.9 out of 5 stars, based on 335 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Monarch Investment and Management Group employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.6 stars).

Reviews by job title

335 reviews

1.0

Jan 7, 2015

Would recommend not working for these people

Manager

Recommend

CEO approval

Business Outlook

Pros

It maybe a good entry level company for people trying to start a career in maintenance or property management.

Cons

Everything is kinda fly by night.Very disorganized and controlling.If your used to being in charge of a property you definitely will not enjoy your time with this company.Not only do you have little control over day to day operations but if something goes wrong it is somehow your fault.Everything is dictated from a level of bureaucracy set a level above the people who are actually running the property.Everything is done in-house in order to save every penny (which ofcourse means besides your normal labor you will be doing special projects dictated from the level above).Salaries are mediocre.So if your a property manager in title your position is more like am assistant manager.If your a assistant manager your more like a leasing agent.If you a maintenance manager your more like a tech ect ect.Unless ofcourse you get hired on to be one of said bureaucracy.Then its pretty much driving a company truck,drinking coffee,and making others do all the heavy lifting.

Monarch Investment and Management Group Response

11y

Thank you for taking the time to leave this feedback as we value all opinions. We are very sorry that your experience with Monarch did not match our intention of being a truly great place to work. We wish you the best of luck in your future endeavors. Unfortunately, Monarch had only acquired the Omaha portfolio less than 6 months prior to this rating. It takes time to fully engage and transition a new acquisition to the way we manage a property. To anyone else reading this review and considering Monarch as a place of employment, please check out some of our other reviews from current team members. Monarch Investment Employee Relations

1.0

Apr 27, 2018

Corporate Unethical

Management

Recommend

CEO approval

Business Outlook

Pros

Bonus opportunities are possible for performance

Cons

People are placed in positions based on "who" they know and not what they know Inappropriate behavior by people in management positions Say that they value employees but not true

Monarch Investment and Management Group Response

7y

Current Employee – Management, thank you for the feedback and for being a dedicated employee for over 5 years! Bob Nicolls created Monarch with the highest level of integrity. We are a private, multigenerational family owned and operated group. With every large organization you have some outliers. Bob has an open door policy, zero tolerance for unethical behavior and a whistle blowers policy. I hope you shared your concerns with the appreciate people, if not, please reach out to our HR partner with details so that we can investigate any inappropriate behavior and get it fixed.

3.0

Apr 25, 2017

Definitely had its ups and downs

Leasing consultant

Recommend

CEO approval

Business Outlook

Pros

My coworker and residents were amazing.

Cons

My assistant manager and property manager did not have proper training and relied too heavily on other people for every menial task. It was also a very negative environment, stemming from management, trickling down to every other single employee. I was also there for a year and did not receive even a dollar raise. The property was not taken care of. Every roof was leaking and nothing was done to fix this.

Monarch Investment and Management Group Response

8y

Thank you so much for providing us with this feedback. We have grown quickly and did not always have the training staff to support this in the past, but we have recently made several new hires to the training department and are working on providing better support in that area. We hope you are doing well in your current endeavor!

Viewing 10 - 12 of 335 Reviews

Jobs at Monarch Investment and Management Group

Front Desk/Insurance Coordinator

Part-Time Apartment Leasing Agent

Apartment Community - Part-Time Leasing Consultant

Analyst – Multifamily (Apartment) Housing

Assistant Property Manager - Apartment Community