Overall Experience - Anonymous employee L+M Development Partners Employee Review

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

No stock options available for employees.

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

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.