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 85,000 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?
Flexibility to work from home
Review from Executive Dept · Posted 11 days ago
I am eligible for equity
Review from HR Dept
Salary and annual bonus is best part of package
Review from Operations Dept
bonus, additional Health insurance, smartwork
Review from Operations Dept
Annual incentive plan is attractive
Review from HR Dept
Good benefits, fair salary and strong bonus.
Review from HR Dept
Combination of salary, bonus and stock
Review from Executive Dept
On par with the industry
Review from Operations Dept
Bonus, medical insurance, shares and flex time
Review from Engineering Dept
no compensation package, only bonus
Review from Engineering Dept
I'd say that it is the PLR.
Review from Admin Dept
401K and Health Benefits are my favorite
Review from Marketing Dept
RSU and PSU and the general Long Term Incentive plan
Review from Sales Dept
Annual Bonus with clear motivation
Review from Sales Dept
best part is the base salary .. the 'package' needs revamp
Review from Sales Dept
Permissive PTO removes pressure of must take and allows for time when preferred or needed.
Review from HR Dept
better than most companies and easy to sell to new potential employees
Review from HR Dept
Am not sure on this.
Review from Finance Dept
All components of compensation packages are best including FCC, TCC, RSU and above all maintaining the time cycle
Review from Operations Dept
I am fairly compensated for the work that I do
Review from HR Dept
Why do you feel undervalued and what would make you feel better about your compensation?
Grades are not equal across businesses and responsibilities.
Review from Finance Dept · Posted 20 days ago
Even though my peer and me have the same role, but compensation and band grade are varying.
Review from Operations Dept
At times I feel undervalued when contributions and impact are not consistently reflected in compensation and growth decisions. Greater transparency, clear benchmarks, and stronger linkage between performance and rewards would improve this. A more structured, merit-based progression framework would s
Review from Operations Dept
Bringing it inline with my internal team performing the same role
Review from HR Dept
I think that for those emplyees that focus on create best eficient process are not evaluated as different as those that do just the work. Also the increase of the salary dont compesate the inflacionary effect of the country and in some case it feels that the salary is been reduce.
Review from Finance Dept
Company undervalues experience gained prior to working at GE Vernova. HR policies disincentivize merit increases for highly experienced employees in order to prioritize much larger merit increases for new hires. Cost of health insurance is much higher for employees with higher salaries.
Review from Engineering Dept
Fair salary comparable to the job deliverables. Cash rewards for outstanding job.
Review from Finance Dept
1. Why do you feel undervalued? I’m already operating at the next-level role consistently. 2. What would make you feel better about compensation? Formal role ele
Review from Operations Dept
Fair salary compared to the market and plan for GE Shares
Review from Operations Dept
Our health care is the most expensive and covers the least from any company I have worked at. More work is given to each manager such as getting rid of the HR help and now putting in on the managers. It takes a manager 10x as long to do the basic things in Workday, like post a new role.
Review from Customer Support Dept
Making sure it is aligned with the market and team members
Review from HR Dept
I feel good, I appreciate it, although I consider that my responsibilities could match a better salary
Review from HR Dept
People with similar position in the market are getting better salary than us, better benefits. No good career opportunities, opportunities are not equal to all the Countries. The Company is not focused on retaining talent but in reducing costs.
Review from Finance Dept
Fair salary. Cash awards instead of 'thank you'.
Review from Finance Dept
As a global leader, some of my direct reports with much less responsibilities earn more than myself as a basic salary.
Review from Engineering Dept
I think that knowing the salary base on other companies on the same city, I feel the undervalued. But I think that there is no information or trasparency on who some one could obtain an increase on salary,
Review from Finance Dept
Using scale on high performers to align salary to accommodate very high performers
Review from HR Dept
The company is doing great but we are operating under austerity measures. There are no budgets for team building, and the T&L costs for a team of 35 people is 8k USD for the whole year, making it impossible to visit our regional partners and strengthen the relationships.
Review from Operations Dept
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
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