Mercatus
    (5 reviews)

    Company Profile

    Company overview

    Website

    Industry

    Commercial & Industrial Property Management

    Company size

    101-1,000

    Primary location

    No. 1 Marina Boulevard, #15-01 One Marina Boulevard, Singapore 018989
    Mercatus is a Latin word which means market place where trade or a business is conducted.We own and manage malls in the Singapore heartlands to support NTUC Social Enterprises with retail space serving the daily needs of working families.Mercatus Co-operative Limited was incorporated in May 2011 under the Co-operatives Societies Act and is one of the NTUC social enterprises under the NTUC Enterprise family.It is our vision to own and manage strategically located shopping malls in the heartlands of Singapore to provide NTUC social enterprises with retail space to serve the daily needs of working families. Through its investments, Mercatus also aims to generate sustainable long term returns for the Labour Movement.We are proud to house many of the NTUC social enterprises in our properties so that union members, residents and visitors to the malls are able to enjoy affordable and quality products and services.NTUC Enterprise is owned by the National Trade Union Congress, Singapore Labour Foundation and their affiliated unions and guides the development of the NTUC Enterprise’s family of social enterprises to meet the evolving needs of aspirations of working families in Singapore.

    Reviews overview

    3.05 ratings in total
    5
    1
    4
    0
    3
    3
    2
    0
    1
    1
    100%
    Rate salary as high or average
    20%
    Employees recommend this employer to friends

    What’s it like working at Mercatus?

    AI summary of recent reviews

    Employees at Mercatus appreciate the excellent and caring management, friendly colleagues, good benefits like salary and bonuses, and the office environment with amenities. However, some potential challenges include employees feeling not recognised enough for their work, concerns about management's lack of experience leading to inefficiencies, and a heavy workload with many deadlines in certain roles.

    Recent reviews

    5.0
    Senior executive
    Jan 2023
    1 to 2 years in the role, former employee
    Present and a good organization to work with.
    The good thingsExcellent management term, understanding and caring for staffs.
    The challengesNothing negative in the company. The entire team is cohesive and all works as one family.
    3.0
    Too obvious if i type here
    Apr 2021
    3 to 4 years in the role, current employee
    No work progression, acknowledgment
    The good thingsColleagues are nice, benefit is good.
    The challengesBosses don't recognized staff enough, if you love Roti Prata (flip here flip there), please join them, that's what you will get everyday.
    1.0
    Building technician
    Jan 2020
    1 to 2 years in the role, former employee
    Frustrating
    The good thingsSalary and bonus was ok
    The challengesManagement is very inexperienced and too proud to realize their shortcoming and lack of knowledge resulting in double handling or more of even the simplest jobs.
    Ratings for Mercatus are shared as-is from employees in line with our community guidelines
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