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L+M Development Partners

Engaged employer

Mission Driven Company - Anonymous employee L+M Development Partners Employee Review

4.0
May 9, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Management and staff are really committed to its core values. The company develops, builds, and manages quality affordable housing and lives up to its commitments to the community in hiring local workers and hiring local and minority and women owned businesses.

Cons

As the company grows, we're experiencing growing pains, especially as it relates to clearly defining roles and responsibilities. However, management is proactively addressing these issues.

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L+M Development Partners Response
8y
Thank you for taking the time to provide your feedback and recognizing our efforts to address potential issues if and when they arise. As our organization grows we will continue to look for ways to retain and engage our employees. We encourage you to discuss specifics regarding role definition and clarity with your manager or a member of the HR team and hope that you provided input on our recent employee survey with specific details on the areas where you believe we can improve.

Explore other reviews about L+M Development Partners

5.0
Jun 23, 2025
Recommend
CEO approval
Business outlook

Pros

Genuinely nice coworkers, enriching learning environment, great mentoring, good compensation, amazing projects.

Cons

No stock options available for employees.

4.0
Dec 3, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- nice people - hybrid schedule - solid pay - easy going environment

Cons

Benefits in general aren’t impressive, overall pretty average, but PTO/family leave is below average for a corporate company in NYC. Your vacation time is determined by your level and how long you’ve been with the company, ranging anywhere from 13 days - 30 days per year (30 days being employees that have been with the company for 15+ years only). As a new hire you don’t get any additional days until you’ve been with the company for 5 years, so unless you’re a high level executive you’re going be stuck with either 13 days or 15 days for 5 years which is…not great. In addition, they only allow 3 days to rollover and they must be used by April 1 of the following year (never heard of that). Finally, they don’t pay out unused vacation time, which I’ve never seen at any other company I’ve worked at. In addition to vacation days, you get 4 half days of personal time per year, which can only be used as half days, not stacked to be a full day. For sick time, we are given 56 hours/year which sounds great except it can *only* be used when you’re sick, whereas most companies allow you to stack and combine with your vacation. Paid parental leave is awful. 12 weeks (so the bare minimum) with your pay determined by your time with the company. 1 year with the company = 40% pay, 1-3 years with the company = 60% pay, 3+ years with the company = 100% pay. So basically you need to work with the company for 3 years before you get fully paid parental leave.

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