Newmark reviews

Low pay compared to competitors

The benefits are the worse I've seen and heard from my experience and my peers. Examples: -Employer only does their 401K match once per year which means as an employee you are losing a year of each paycheck's investment AND if you leave before the once-a-year payout date, you do not get your employer match -401K employer max match decreases the more money you make and there's a cap that is a dollar amount vs a percentage so if you are a highly compensated person, you will receive minimal match - my employer match equates to less than 2% for perspective. -Health insurance - EXREMELY expense and yet terrible coverage. -Pay is horrible compared to other organizations so if they are going to provide expensive, ineffective benefits, at least pay well. -Salary cap (very low) where employee does not receive a 401K employer match - per SEC filing