Squirrelly Procedures, Inconsistent Rules, and Arbitrary Rewards - Research Associate CoStar Group Employee Review

1.0
20 Jan 2015
Recommend
CEO approval
Business outlook

Pros

Good benefits. Young coworkers - you can make some great friends. However, the new hires are increasingly serious, all-business, nerdy types. Free food to sustain you and supplement your meager earnings.

Cons

I worked at CoStar for over 2 years. There have been a number of changes over that time, but they were largely misguided. The company is more interested in improving their outside appearance and increasing ratings on glass door than they are in enhancing the satisfaction of actual employees. Don't be fooled. While the number of promotions skyrocketed over the past year or so, the process lacked transparency and more than half of the researchers in the DC office were promoted on the same day. Clearly, this round of promotions was in the works for awhile, but was kept under the radar before and after the decisions were made. Those that weren't promoted had no idea that a bunch of their coworkers were, and when it finally came to light, employees who had been left out were given no explanation. It was TOTALLY ARBITRARY. The "metrics" that everyone complains about have become so unclear that they can be used in any which way to back up a promotion or lack there of. If you didn't get promoted, it was because of your "metrics". But supposedly there was less emphasis on the metrics at this point and they were no longer the sole indicator of performance? Even if you accept the "metrics" as a valid justification, the metrics had changed so many times by then that no one even knew what they were. Not surprisingly, when I asked my manager to show me something more substantial that indicated my sub-par numbers, like a report or something tangible, he/she could not produce anything. Promotions and bonuses are not based on quality of work, amount of work, or even metric numbers - managers do whatever they want and use the phantom metrics to back up their decision either way. The company claims to have opened the lines of communication to show the employees "that their opinions matter." That's a joke. Keep your mouth shut and your opinions to yourself if you want to keep your job. Supposedly managers are now receiving training to develop their relationships and rapport with their employees so "both are able to continue growing in their work." That's a bigger joke. Passive aggressive e-mails are the name of the game. HR likes to play the "neutral" card when it comes to office conflicts and employee concerns, but in reality they are always on the side of management. The name "human resources" is ironic - they are more "inhumane" than "human" and only resources if you're looking to get fired.

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CoStar Group Response
11y
We appreciate the feedback, candid reviews like yours help us to see the opportunities in the work we are currently doing to improve the workplace. But I want to stress that our employees’ opinions do matter – we have anti-retaliation policies and do not reprimand or fire employees for providing constructive feedback. Some changes, like making sure researchers, managers and directors understand the role of measuring quality of information put in, are a work in progress. The structure for promotions has changed recently due to the creation of a new career path for researchers, now able to choose a more analytic path. Promotions to next level roles involve demonstrating quality of work, nomination from a manager and, in the case of Senior Research Associates and the new Market Analyst role, an application process to ensure the job suits the researcher right. Because part of the career path relies on the individual’s decision of what they would like to do, promotions also require the motivation and vocalization of the researcher.

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