Growing company but low compensation - Anonymous employee Realty Income Employee Review

Total compensation is not competitive at any level below VP. Salaries for tenured employees are often less than new hires because they have trouble hiring talent at what they pay their current employees that have been around for 5+ years. Turnover increasing every year. Top talent is leaving to get paid double somewhere else and the company seems to be ok with not paying to keep top performers. It has gotten very corporate; lots of new hires all the time and culture is non-existent anymore. Realty Income has loss all sense of the family feel it once represented and now is solely about growth at the expense of keeping overhead and salaries at a minimum.