Berkshire Hathaway Sucks Customer Reviews and Feedback
Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in U.S. public companies Kraft Heinz Company (26.7%), American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.32%), Bank of America (6.8%), and Apple (5.22%). Beginning in 2016, the company acquired large holdings in the major US airline carriers, namely United Airlines, Delta Air Lines, Southwest Airlines and American Airlines but sold all of its airline holdings early in 2020. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt. The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and by Charlie Munger, one of the company's vice-chairmen. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, manufacture and distribution of uniforms, and several regional electric and gas utilities.
One irritated employee shared this in a review, "84 hr work week. If you do not make pay plan you get $1,500 for 336hrs that's $4.46 per hour. They find ways around the minimum wage law trust me. They promise the moon and do not deliver a single thing. We ended up in cubicles we had to find parts to and bring our own laptop then go and get customer records from the office ourselves and create our own call list. We had no one even talk to our entire class for the first two weeks. We just wandered around trying to find a space we could set up in and supplies. They wanted us to make 10 appointments a day or you could not go home. You could not be out on the floor selling unless you had those 10 appointments. They would constantly call in another friend of theirs to close your deal when it was clear they did not need to and take half or all of your commission. We had to keep real good track of our pay because they would try and shot us every check."
Former Employee - Transaction Coordinator says"I worked at Berkshire Hathaway full-time for more than 3 years Cons: Limited career advancement. Low salary."
Former Employee - Transaction Coordinator says"I worked at Berkshire Hathaway full-time for less than a year Cons: Management is poor, nothing good to comment"
Current Employee - Real Estate Agent says"I have been working at Berkshire Hathaway full-time Cons: No leads or help from broker"
Current Employee - Manager says"I have been working at Berkshire Hathaway full-time Cons: Not the company you'd expect as part of the Berkshire Hathaway family."
Former Employee - Senior Graphic Designer says"I worked at Berkshire Hathaway full-time for more than a year Cons: Horrible work culture - sacrifices employees"
Current Employee - Realtor says"I have been working at Berkshire Hathaway full-time for more than a year Cons: Good luck in getting someone from this office to respond to a simple inquiry. If they need something from you, they will repeatedly contact you with their requests. If you need anything from them, whether it be of a time-sensitive nature or not, do not expect anyone to reply to your request in a timely manner, because it will likely never happen. I have aired my complaints before, and they simply go unnoticed."
Former Employee - Office Administrator says"I worked at Berkshire Hathaway full-time for less than a year Cons: Toxic micro-management and office culture No real HR department No job growth/opportunity Low pay"
Current Employee - Social Media Manager says"I have been working at Berkshire Hathaway part-time Cons: Very low pay, zero onboarding, rude guys"
Current Employee - Realtor says"I have been working at Berkshire Hathaway full-time for more than 5 years Cons: needs updating on everything marketing. everything is very outdated and no new technologies integrated for the 21st century. needs lots of work"
Current Employee - Administrative says"I have been working at Berkshire Hathaway full-time for more than 3 years Cons: Cliques, fraternization, no overtime, no room for advancements, Performing additional job duties instead of hiring help. The pay is minimum wage, with degree expectations."
Branch Transaction Administrator (Former Employee) says"I wouldn't reccomend working for this company. Something shady is going on. I was fired 2 days prior to my 90 days for no reason. I have never been fired from a job before. It's insulting."
Graphic Designer (Current Employee) says"Management sets unrealistic goals, unsympathetic with you or your personal needs, runs the company with no structure or organization. Very stressfully and condescending environment where you are underpaid, overworked and never appreciated! Cons: Your position constantly changes, more job tasks with NO increase in pay"
Agent (Former Employee) says"If you are joining this place as an agent, they will take from you as much as they can and will not let you grow your business in fear you will leave and grow on your own. Cons: No trust, no support, will stab you in the back"
Listing and Buyer's Sales Agent (Current Employee) says"Designated Broker is a terrible person to deal with Company above sales agents This company will protect themselves before guiding and helping sales agents You are just a number at this company"
Assist Manager (Former Employee) says"No comment, no recommends."
ADMINISTRATIVE ASSISTANT (Former Employee) says"Worked for realtor that didn't communicate with assistants on projects. Basically your winging it. Just complained esp when losing sales. Verbally abusive as well."
Office (Former Employee) says"Worst management ever. The 2 female bosses were manipulative and power tripping. The one left and the other became worse. No ppl skills, bullying, rude, barely interacted with staff. Countless employees have complained and yet nothing is ever done. In my time there I saw the highest turnover in an office setting that I have ever seen. You would think that someone would start to question why they cant keep employees. Its a shame too, because the company itself is great. The two males owners are wonderful. I dont think they have any idea what is going on on the ground level."
Marketing Coordinator (Former Employee) says"Management needs major training in leading teams, the culture is toxic and stressful and not even sort of worth what little you are paid. Managers feel no need to support their staff, they support the real estate agents who pay them."
Administrative Assistant/Front Office (Former Employee) says"No COL raises, if you had a supervisor who didn't like you you never received raises or acknowledgement for anything you did. Cons: micro management, played favorites"
Real Estate Sales Executive (Former Employee) says"I did not enjoy working for this brokerage. Although there were some nice people there, the broker was not one of them. It was a negative experience for me. One of the top sales agents was exceedingly rude and seemed to hate women."
Accounting Manager (Current Employee) says"change is better than status quo if management is really serious in improving the working relationship in the department. I am rating this company from 1 to 10, rate will be 5 middle."
Accounting Clerk (Former Employee) says"I don’t think my experience is indicative of the rest of the company, but I also have a difficult time believing that a company as big as this continues to let employees bully other employees with impunity"
Agent (Former Employee) says"Despite the high volume of calls coming in, after a year there, I received no referrals or leads. Several others did receive those leads. I would expect a fair distribution of incoming leads, given that all Agents pay equally to be a part of the Brokerage. Also, the advertising budget seemed a bit wasted on "concept" ads instead of true, modern tech based marketing solutions for listings."
Corporate Office (Former Employee) says"Workplace culture poor. Hardest part of job was relying on others, who did not care, before continuing to the next step. Very poor team work. Advancement opportunities non-existent. Cons: Big brother always watching"
Marketing Manager (Former Employee) says"You have to be very careful about the agent with which you chose to be employed. Unfortunately, I was on the staff of a very unorganized agent that had zero management skills and no understanding of the time required to perform duties."
Administrative Assistant (Former Employee) says"This company is owned and run by women. They don’t treat their employees fairly and have many relatives of the owners and managers work there in equally higher positions! They also don’t have any procedure for hiring or promoting within their company so there is no chance for advancement."
Project Manager - Facilities (Former Employee) says"typical day at work is checking emails, meetings and site visits; good people to work with. Good job to learn from. Management is ok. Co-workers are great!. Lacking Independent thinking and autonomy,"
Realtor (Former Employee) says"Berkshire is a great company depending on the brach you're at. I found it to be a very conservative, corporate, and stifling environment. Everyone fits differently. It depends on what you looking for in a brokerage. Cons: Negative workalike balance, por leadership"
Relocation Specialist (Former Employee) says"I don't have many nice things to say about the management. Employees are not treated fairly. It's all about the almighty dollar. I would personally not work here."
Property Manager (Former Employee) says"The direct supervisor cannot control harassment from one worker to another one, very chaotic place to work, no benefits, low paid. An overwhelming amount of work responsibilities, poor balance between workers responsibilities.No training. Cons: No benefits, No health insurance, Low paid"
Walter White says"Filed cancelled for any reason travel claim. Never received money back. Received a response with unreasonable amount of paperwork request. Replied with it. Never got in touch with anybody again. Customer service transfers to claim person that never picks up the phone or returns calls. SCAM!!!"
c_labrinos says"RT @RealSalluKhan: Since Q1 until July 31, 2020, (4 months) $BRK Berkshire Hathaway made $42b on $AAPL. That's over $10b per month which…"
artistmagician says"RT @kevinchenNYC: The 50 most profitable companies in the US... Mr. Buffett’s Berkshire Hathaway is still No.1, with $81.4 billion; Apple i…"
RealSalluKhan says"Since Q1 until July 31, 2020, (4 months) $BRK Berkshire Hathaway made $42b on $AAPL. That's over $10b per month w… https://t.co/1eUBTrL27G"
Iam__Ameya says"As per Barron's, Berkshire Hathaway received permission from Fed Reserve Bank of Richmond to take its stake in Bank… https://t.co/d8JlSUfZvA"
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