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Article #9226Beware of Receiver Corporation
From: felicia
Date: Mon, 05 Aug 2002 21:04
Date: Mon, 05 Aug 2002 21:04
27 lines
2750 bytes
2750 bytes
I just came back from a Receiver Corporation interview. Beware, they weren't hiring for specific jobs. They invite you into a room full of other interviewees (7-10 people), and ask you to fill out personal information and other references. They make $9 million annually, with 400-500 people. This works out to $22,500/year in revenue. This is horribly low. Most Fortune 500's hover in the $250,000+ range. I walked out, thinking it was a scam, especially when the sales guy started telling us they're also a freight company and a candy company. Plus, he waffled between "yes, we sell stocks and options" and "no we don't, we write software". He also didn't know whether or not Receiver Corp was a member company of the exchanges (the financial industry is a regulated one). I asked for the name of the software products they sell, and they said I can't tell you! Their website is practically useless (no contact info, no product or services listing, no jobs listing, etc. You can't determine what their real business is, other than "asset management." Their asset management, at least as described by their sales guy, is not consistent with the industry definition (help manage mutual funds). The one thing that shocked me is that if you had questions, he told us to write them down and pass it into the Legal Dept. Legal dept?? For a company of 400-500, you should have a Human Resources Dept to handle 401k, and other benefits questions. So, I ran, not walked, away from this office.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 103024,100671536b5616f8,start X-Google-Attributes: gid103024,public X-Google-Thread: 107518,100671536b5616f8,start X-Google-Attributes: gid107518,public X-Google-Thread: 10e835,100671536b5616f8,start X-Google-Attributes: gid10e835,public X-Google-ArrivalTime: 2002-08-05 14:05:12 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!newsfeed-west.nntpserver.com!hub1.meganetnews.com!nntpserver.com!newsfeed.news2me.com!newsfeed2.earthlink.net!newsfeed.earthlink.net!stamper.news.pas.earthlink.net!newsread1.prod.itd.earthlink.net.POSTED!not-for-mail From: felicia@13579earthlink.net Newsgroups: misc.consumers,chi.jobs,chi.general Subject: Beware of Receiver Corporation Message-ID: <3d4ee61c.1124658@news.earthlink.net> X-Newsreader: Forte Free Agent 1.21/32.243 Lines: 27 Date: Mon, 05 Aug 2002 21:04:47 GMT NNTP-Posting-Host: 199.174.164.136 X-Complaints-To: abuse@earthlink.net X-Trace: newsread1.prod.itd.earthlink.net 1028581487 199.174.164.136 (Mon, 05 Aug 2002 14:04:47 PDT) NNTP-Posting-Date: Mon, 05 Aug 2002 14:04:47 PDT Organization: EarthLink Inc. -- http://www.EarthLink.net