B+
74/100
GE Vernova Claimed Company
On April 2nd 2024, GE Vernova reached a historic milestone as it officially commenced operations as an independent company.
Building on more than 130 years of experience, GE Vernova is a purpose-built company, focused on our mission to electrify and decarbonize the world. With our three segments– Power, Wind, Electrification – delivering a unique scope and scale of solutions to accelerate the energy transition, and strong operations with sustainability, innovation and lean at our core, we are helping to create a more sustainable future.
We are proud of our approximately 75,000 employees across more than 100 countries that have united around our purpose and played a vital role in this accomplishment. read more
GE Vernova Compensation Employee Reviews
All
Positive
Constructive
What is the best part about your compensation package?
the extra benefits given and the medical insurance
Review from Engineering Dept
nothing best. compensation is ok
Review from Engineering Dept
The best part is the salary
Review from Engineering Dept
Standardization of Salary based on Band
Review from Engineering Dept
Flex Benefits Package and Wellbeing
Review from HR Dept
Performance Linked Bonus, Term Insurance, Health Check
Review from Engineering Dept
Flex time off and work from home.
Review from Operations Dept
car, salary level, insurance, smart working
Review from Customer Support Dept
payment is based on collective tariff agreement
Review from HR Dept
I am paid a fair base wage
Review from Operations Dept
The yearly bonus is competitive.
Review from Engineering Dept
Working from home and free schedule
Review from HR Dept
Follow present situation and inflation
Review from Product Dept
Flexible working hours and respectful working environment and Transparent
Review from Customer Support Dept
Excellent package with respect to similar industries
Review from Operations Dept
Stock options / RSU?
Review from Executive Dept
I think insurance supports part and incentive are best parts.
Review from Finance Dept
The company car and the pension plan.
Review from IT Dept
stocks options and company car
Review from Executive Dept
Good medical insurance, good 401k company matching
Review from Engineering Dept
Why do you feel undervalued and what would make you feel better about your compensation?
Increased workload over past 6 months without adjustment in compensation.
Review from Finance Dept
Company benefits have not changed in alignment with the current inflationary environment for years. Some benefits, example: insurance is degrading YoY, seems we're squeezing provider.. provider continuously rejecting claims.. we now have to pay 20% Co-payment!!!
Review from Sales Dept
Since the role I fill covers all the activities of the organization, there is no single person to whom all the information about my successes or failures is concentrated. And so, in fact, the compensation is not aligned accordingly.
Review from Executive Dept
Every year the perks are less, If I compared to 10 years ago, we had better options.
Review from Operations Dept
I would appreciate country specific inflation rates when it comes to compensation. Sadly not all the countries are on the same level with the salary base and benefits, inflation rates also differ so even if on a global level it might seem like a fair compensation, locally might not be enough.
Review from HR Dept
both local benchmark and comparison with my global peers showing me gap in my package. In my view global leaders with global teams must be paid based on global package ranges no matter which country they live in
Review from Operations Dept
Does not equate fairly across geographies
Review from HR Dept
No significant salary increase the last 10 years, but I have assumed more work and responsibilities.
Review from Engineering Dept
Also if no further step in a senior band is possible, small steps in salary (or shares) from time to as recognition for experience and years of service
Review from Legal Dept
if it was inline with the market
Review from HR Dept
third parties regularly offer higher salary and benefits. we loose seasoned employees to those third parties on a regular basis. retaining key employees, staffing at appropriate levels in necessary positions vs broad brush saying there are too many people and then not backfilling/hiring key people
Review from Product Dept
Merit raises have not been kept up to inflation rates even for high performing employees. Health insurance premiums are higher compared to other smaller companies. Unlimited vacation is disincentivizing, employees are taking lot less vacation compared to fixed vacation, leading to burnout.
Review from Sales Dept
I would expect a fair treatment on the salary levels in Turkiye and I am expecting C&B teams to share more information and continue to monitor more carefully the market in Turkiye. My increase is cut this year by manager and C&B. Bonus is the lowest in the range. I expect a fair approach
Review from Executive Dept
The company is making millions in profit - well in excess of targets but salaries are being squeezed and 15% bonus is well below market comparisons
Review from HR Dept
Not same opportunities to grow across the glob, not good salary policies neither (e.g. not possibility of promotion in the same role or salary updates outside EOP period ), no same benefits neither in all the countries.
Review from Finance Dept
my salary is too low related to my job
Review from Engineering Dept
Underpaid compared to counterparts at other companies by $100,000 - $150,000 USD. Benefits are not the best, result in high copayments.
Review from Customer Success Dept
The salary raise does not follow / compensate the last years of inflation in the country. The purchase power of the wage has drastically reduced and the accommodation / food prices are increased. Also the office environment (eg adjustable desk high) is very limited).
Review from Operations Dept
Salary should be fair and comparable to the contribution. Above & Beyond awards.
Review from Finance Dept
Medical benefits are well below industry. Salaries are not increased to compensate.
Review from Engineering Dept
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