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?
The flex benefits that can be allocated to different purposes
Review from IT Dept · Posted 13 days ago
It comes before end of every month :) Additionally kids schooling support is good.
Review from Sales Dept
Competitive salary, pension scheme, bonus and company car
Review from Engineering Dept
stock Options would be a benefit.
Review from Sales Dept
Not one single thing - I appreciate total pay (salary + bonus), health insurance, the ability to work remotely, and the ability to work a somewhat flexible schedule (taking a couple hours off during the day for an appointment and catching up on work later, for example).
Review from IT Dept
Bonus is the best part.
Review from Engineering Dept
healthcare insurance, company car .
Review from Operations Dept
. . . . .
Review from Engineering Dept
Fair, accountable and never late. I can count of it.
Review from Finance Dept
bonus over the last years was good
Review from Engineering Dept
Nothing i think of as best part.
Review from Engineering Dept
Good bonus since GE VERNOVA was born
Review from Engineering Dept
annual bonus and company car
Review from Finance Dept
I have a good overall package
Review from Sales Dept
It is comparable with what the market offers for similar jobs.
Review from HR Dept
Company Car and anual medical check-up
Review from HR Dept
The equity portion is nice
Review from HR Dept
Having a meritocracy based annual bonus
Review from HR Dept
bonuses reflect the positive results and effort the employees put in.
Review from HR Dept
Time Off is really good. Flexibility of work
Review from Sales Dept
Why do you feel undervalued and what would make you feel better about your compensation?
GEV's current direction is focusing on investors not its employees whom are making its succuss. GEV lost its competitiveness in the market in terms of compensation and benefits. Pay ranges are not realistic, specially in countries where there's high inflation.
Review from Operations Dept
* Impact of decisions I make Versus my compensation is not balanced * The compensation is standardized across Engineering irrespective of your role/criticality
Review from Engineering Dept
The India team is kept with mimum wage and maximum work. Many times we raise the concerns regarding this and other perks like Extra Mile. But always we are met with no results and only more questions. We feel like our voice is never heard here.
Review from Engineering Dept
Market Correction & Bring back the company shares buying program.
Review from Engineering Dept
same company different compensation structure and poor pay for the expectation
Review from Business Development Dept
I think that on the current market the base salary have been increasing on a low pace and the inflation of living have increase more. In a analitic review I have been lossing economic power
Review from Finance Dept
Salaried employees pay a lot more for benefits proportionally than hourly employees. Healthcare premiums keep increasing every year but coverage seems to be reduced. Paying more at the doctor's office as well as having more taken out of paycheck. Also bonuses should not be tied to CONTRACTOR safety.
Review from Engineering Dept
GE is great company with Values it carries but I think compare to others it paycheck should be best in class not at median level. I beleve GEV should invest more on its core resources and for the empoyees who worked here for many years.
Review from Engineering Dept
Given the workload and leadership I bring to the team, I feel less compensated than I would expect given the amount of value I bring to the table.
Review from Engineering Dept
Being very clear on band promotion and career growth and it lacks structured approach. There is not reason for someone to have the exact same R&R, but is in less band than peers and paid less for no valid reason.
Review from Engineering Dept
Increased demands on my life without a change in compensation.
Review from IT Dept
the amount of jobs, the number of issues solved, the responsibilities I have and the competences I put into place and the effectiveness are objectively way above my salary, local level and band
Review from HR Dept
I do not see a growth opportunity. I have got an extended job 2–3 times when people moved or left their role, with no change in salary or benefits. There has been a continuous roadblock for the next-level role or prom
Review from Operations Dept
Grades are not equal across businesses and responsibilities.
Review from Finance Dept
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
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