Socotra Company Culture
Socotra Culture
This score is derived from employee ratings & reviewsChoice Employer
A
4.6/5
Top Rated Culture Dimensions
CEO Rating
A+Compensation
A+Executive Team
A+Happiness
A+Leadership
A+Socotra CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Dan Woods
91 /100
See More
Diversity at Socotra
Top 15%Top 15% of Similar Size Companies on Comparably
A-
Diverse employees at Socotra have rated Team, Leadership, and Executive Team as the highest categories they have scored
Women at Socotra
Top 25%Top 25% of Similar Size Companies on Comparably
B
Women at Socotra have rated Executive Team, Team, and Happiness as the highest categories they have scored
Socotra eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 15%Top 15% of Similar Size Companies on Comparably
Recommend to a Friend?
70
Socotra employees are 70% more likely to recommend Socotra as a great place to work
| 76% | Promoters |
|---|---|
| 18% | Passives |
| 6% | Detractors |
Working at Socotra
Working at Socotra is rated highly by 83 employees, across various culture dimensions. Socotra employees are most satisfied about CEO Rating, Compensation, and Executive Team categories, putting Socotra’s culture in the Top 10% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in San Francisco. See below in detail how working at Socotra was rated by employees.
Overall Company Culture at Socotra
A
Overall Company Culture at Socotra is rated A
Last updated months ago
Top
10%
Socotra ranks in the Top 10% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score
Socotra Employee Reviews
Out of 449 Socotra employee reviews, 98% were positive. The remaining 2% were constructive reviews with the goal of helping Socotra improve their work culture.
| Positive Reviews | 98% |
|---|---|
| Constructive Feedback | 2% |
Positive Reviews From Socotra Employees
- What is the best part about your compensation package?I believe the flexibility with PTO is the best part, and dental/eyes portions are good as well.
- What makes you most happy at work?The opportunity to create something that was nice to create and have a user implement
- What are some of the best things about your team?I think everyone has a fun attitude and does their work well
Constructive Feedback From Socotra Employees
- Why do you feel undervalued and what would make you feel better about your compensation?401(k) match, better health benefits
- Why do you feel undervalued and what would make you feel better about your compensation?More equity and a better compensation for the experience
- What needs to change to make the company culture better?Coordination / alignment between groups
Socotra Company Information
Socotra Company Overview
Socotra is the next-generation technology platform built to power the fastest growing insurance businesses globally.
Socotra was founded in 2014 and its current CEO is Dan Woods. Since its inception 12 years ago, Socotra has grown to 132 employees.
Socotra Mission, Vision & Values
Socotra Mission & Values
- Pragmatism
- Reliability
- Improvement
| Headquarter | 33 New Montgomery St San Francisco, CA 94105 United States of America |
|---|---|
| Website | www.socotra.com |
| Founding Date | 2014 |
| Tel | (650) 248-1909 |
| Company Status | Private |
| Jobs | www.linkedin.com/company/socotra/jobs/ |
| Social Sites |
Socotra Employees
Socotra has 132 employees. 83 employees at Socotra have reviewed Socotra across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 83 Socotra employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Socotra are extremely happy with their total compensation at Socotra, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Socotra are extremely happy with their team. 83 Participants grade the quality of their coworkers an A+.
The majority of employees at Socotra believe the environment at Socotra is positive. Most Participants believe the pace of work at Socotra is comfortably fast. About 63% of the employees at Socotra work 8 hours or less.
Overall, the employees at Socotra are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Socotra employees generally work 8.7 hrs a day
Work Hours
A Day in the Life
Employees at Socotra report the work pace is comfortably fast
Work Pace
A Day in the Life
100% of Socotra employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Socotra employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
96% of Socotra employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Socotra employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
100% of Socotra employees call their work environment positive
Environment
Joining Socotra - Employee Onboarding
The prevailing opinion from Comparably users in San Francisco about their company is that it was very prepared on their first day. San Francisco employees concluded that their overall onboarding experience was positive. 78% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Socotra KPIs and OKRs
Employees’ understanding of Socotra's KPIs and OKRs is essential for its success. Out of 83 Socotra employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 80 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Socotra Salaries
How much does Socotra pay?
How much do people at Socotra get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Socotra is $124,345, or $59 per hour, while the estimated median salary is $147,436, or $70 per hour.
At Socotra, the highest paid job is a Director of Engineering at $187,787 annually and the lowest is a CS Rep at $57,124 annually. Average Socotra salaries by department include: Marketing at $189,534, Admin at $79,279, Product at $133,530, and Business Development at $110,014. Half of Socotra salaries are above $147,436.
83 employees at Socotra rank their Compensation in the Top 5% of similar sized companies in the US (based on 166 ratings) while 83 employees at Socotra rank their Perks And Benefits in the Top 30% of similar sized companies in the US (based on 166 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $84k | $84k | 1st Percentile |
20th Percentile $114k | $114k | 20th Percentile |
40th Percentile $145k | $145k | 40th Percentile |
60th Percentile $213k | $213k | 60th Percentile |
80th Percentile $252k | $252k | 80th Percentile |
100th Percentile $345k | $345k | 100th Percentile |
$124,345*
Average Compensation
$147,436*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Socotra Salaries by Department
Diversity & Inclusion at Socotra
Diverse employees at Socotra score the company 89/100 across various culture categories, placing Socotra in the Top 15% of companies on Comparably with 51-200 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Socotra across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Socotra Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
- Gym Membership / Reimbursement
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Office Perks
- Company Social Outings
- Work From Home Policy
- Unique Office Space
Socotra PTO
Socotra's PTO and Vacation policy typically gives unlimited days off a year.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Frequently Asked Questions regarding Socotra
What is Socotra address?
Socotra location is at 33 New Montgomery St
Who is the CEO of Socotra?
Socotra CEO is Dan Woods, their score by employees is 91
What is Socotra eNPS?
The eNPS for Socotra is 70
What is the salary for Director of Engineering in Socotra?
Director of Engineering average salary in the US is 188k
What are the salaries in the Business Development in Socotra?
The average salaries for Business Development in Socotra is 110k
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