Veris Residential Claimed Company
Veris Residential develops, owns, and manages premier multifamily communities. We do so with passion and purpose:
Creating more-sustainable properties—communities where people can connect and thrive, and a more resilient planet can flourish. read more
Veris Residential Company Culture
Veris Residential Culture
This score is derived from employee ratings & reviewsChoice Employer
A+
4.8/5
Top Rated Culture Dimensions
CEO Rating
A+Compensation
A+Diversity
A+Environment
A+Executive Team
A+Veris Residential CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Mahbod Nia
96 /100
See More
Diversity at Veris Residential
Top 5%Top 5% of Similar Size Companies on Comparably
A+
Diverse employees at Veris Residential have rated Leadership, CEO Rating, and Executive Team as the highest categories they have scored
Women at Veris Residential
Top 10%Top 10% of Similar Size Companies on Comparably
A
Women at Veris Residential have rated CEO Rating, Team, and Perks And Benefits as the highest categories they have scored
Veris Residential 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 5%Top 5% of Similar Size Companies on Comparably
Recommend to a Friend?
88
Veris Residential employees are 88% more likely to recommend Veris Residential as a great place to work
| 88% | Promoters |
|---|---|
| 12% | Passives |
| 0% | Detractors |
Working at Veris Residential
Working at Veris Residential is rated highly by 43 employees, across various culture dimensions. Veris Residential employees are most satisfied about CEO Rating, Compensation, and Environment categories, putting Veris Residential’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in New York. See below in detail how working at Veris Residential was rated by employees.
Overall Company Culture at Veris Residential
A+
Overall Company Culture at Veris Residential is rated A+
Last updated months ago
Top
5%
Veris Residential ranks in the Top 5% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score
Veris Residential Employee Reviews
Out of 246 Veris Residential employee reviews, 98% were positive. The remaining 2% were constructive reviews with the goal of helping Veris Residential improve their work culture.
| Positive Reviews | 98% |
|---|---|
| Constructive Feedback | 2% |
Positive Reviews From Veris Residential Employees
- What are some of the best things about your team?My team is extremely helpful. Everyone is here to support one another. We work together very well to help each other reach an ultimate goal. I couldn't ask for better coworkers.
- What is the best part about your compensation package?Veris offers so many useful and affordable benefits for all employees. They make sure you are taken care of. I personally love the behavioral health program they offer. It has been helpful with managing my work performance and being a better person.
- What is most positive about the culture and environment at your company?Our company is always striving to do better as a whole. They want to see their people grow and be successful. It feels like their is always meaning in the work we do.
Veris Residential Company Information
Veris Residential Company Overview
Veris Residential develops, owns, and manages premier multifamily communities. We do so with passion and purpose: Creating more-sustainable properties—communities where people can connect and thrive, and a more resilient planet can flourish.
Veris Residential was founded in 1997 and its current CEO is Mahbod Nia. Since its inception 29 years ago, Veris Residential has grown to 219 employees.
Veris Residential Mission, Vision & Values
Veris Residential Mission & Values
- People First.
- Excellence Always.
- Forward Thinking.
- Inclusive Doing.
Sustainability and Corporate Social Responsibility at Veris Residential
Greenhouse gas emissions: We are committed to reducing our greenhouse gas emissions by 50% portfolio-wide by 2030
Green certification: All new developments shall be eligible for LEED or equivalent certification, as we continue to increase our portfolio’s proportion of green-certified buildings
Green vehicles: In line with our EV100 pledge, all new developments will be equipped with EV charging stations, with every property having a charging station by 2030
Fully recognizing the impact development activity has on the environment, Veris Residential is committed to maximizing efforts to reduce impact from any future development. This starts with the site selection process and continues throughout construction and into operations.
We rigorously screen all acquisitions and development projects—which includes reviewing environmental impact assessments—and carefully adopt sustainability measures that contribute to long-term value and resilience.
At Veris Residential, we pride ourselves on being responsible corporate citizens, committed to continuously giving back to the communities where we work and live. We maintain a deep connection to causes that support children’s education and the arts, and we’re always looking for additional ways to give back and make an impact on people’s lives.
Our four primary philanthropic partners reflect our commitment to serving properties, people, and the planet. We proudly support Habitat for Humanity in building homes for those in need; American Red Cross in disaster relief efforts, regular blood drives, and other public health services; St. Jude Children’s Research Hospital in providing care for children with cancer, support for their families, and ongoing research; and the National Forest Foundation in preserving America’s vital forest ecosystems.
We also promote the philanthropic efforts of our team members by providing paid time off for volunteering and by matching their charitable contributions dollar for dollar.
| Website | verisresidential.com/ |
|---|---|
| Founding Date | 1997 |
| Tel | 7325901010 |
| Company Status | Public |
| Stock | VRE |
| Jobs | verisresidential.com/careers/ |
| Social Sites | |
| Headquarters | |
| Jersey City HQ | 210 Hudson St Jersey City, NJ 07302 United States of America |
| Jersey City HQ | 101 Hudson St Jersey City, NJ 07302 United States of America |
| Lynnfield HQ | 220 Broadway Lynnfield, MA 01940 United States of America |
Employees at the 2022 Veris-Fest Habitat Build for the Bergen County chapter
Veris Residential 2022 Summer Interns putting together bikes for the Boys & Girls Club
A few of the Veris Residential Executive Team at the 2022 Company Party
Veris Residential Employees
Veris Residential has 219 employees in 3 locations. 43 employees at Veris Residential have reviewed Veris Residential 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 43 Veris Residential 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 Veris Residential are extremely happy with their total compensation at Veris Residential, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Veris Residential are extremely happy with their team. 43 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Veris Residential are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Veris Residential believe the environment at Veris Residential is positive. Most Participants believe the pace of work at Veris Residential is comfortably fast. About 58% of the employees at Veris Residential work 8 hours or less, while 5% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Veris Residential 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
Veris Residential employees generally work 9.0 hrs a day
Work Hours
A Day in the Life
Employees at Veris Residential report the work pace is comfortably fast
Work Pace
A Day in the Life
100% of Veris Residential employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Veris Residential employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
86% of Veris Residential employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Veris Residential employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
95% of Veris Residential employees call their work environment positive
Environment
Joining Veris Residential - Employee Onboarding
The prevailing opinion from Comparably users in New York about their company is that it was very prepared on their first day. New York employees concluded that their overall onboarding experience was positive. 74% 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.
Veris Residential KPIs and OKRs
Employees’ understanding of Veris Residential's KPIs and OKRs is essential for its success. Out of 37 Veris Residential employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 36 have said yes.
Are your company's goals clear, and are you invested in them?
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Veris Residential CEO & Leadership
96 /100
Veris Residential CEO Awards and Recognitions
Veris Residential’s CEO Mahbod Nia started in this role in 2021. Mahbod’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in New York. With a high CEO score, Mahbod Nia has won the Best CEOs for Women in 2023. In addition, Mahbod has garnered Best CEOs for Diversity in 2023 specifically for Diversity, making Veris Residential’s CEO one of the top rated CEOs by diverse employees. Veris Residential’s CEO is highly regarded especially by employees in the Admin department, employees in the Marketing department, and employees in the Operations department. However, employees in the Engineering department, employees in the Finance department, and employees identified with Other ethnicities have a less favorable view of the CEO and believe there is room for improvement. Under Nia’s leadership, Veris Residential employee respondents are most happy about their Compensation and the company’s Environment. Professional Development and Gender are two areas, according to respondents, where Veris Residential could stand to see real improvement.
Veris Residential Leadership
The Veris Residential Executive Team is rated an “A+” and led by CEO Mahbod Nia, Chief Operating Officer Anna Malhari, and GC & Secretary Taryn Fielder
Mahbod Nia CEO / President
Mahbod Nia currently serves as the Chief Executive Officer of Veris Residential, Inc. and has served as a member of the... read more
Anna Malhari Chief Operating Officer
Anna Malhari serves as chief operating officer. She directly supports the chief executive officer and is responsible for... read more
Taryn Fielder GC & Secretary
Taryn Fielder serves as general counsel and secretary of Veris Residential. Ms. Fielder has significant experience... read more
Jeff Turkanis Chief Investment Officer
Jeff Turkanis serves as Chief Investment Officer for the company. Mr. Turkanis’ extensive real estate investment... read more
Amanda Lombard Chief Financial Officer
Ms. Lombard serves as chief financial officer. Before joining Veris Residential in 2022, Ms. Lombard served as chief... read more
Gwendolyn Marnell Chief Accounting Officer
Gwendolyn Marnell serves as chief accounting officer. Previously, Ms. Marnell served as senior vice president, corporate... read more
Giacomo Mascillaro SVP, Chief Information Officer / Chief Technology Officer
Giacomo Mascillaro is SVP, Chief Information Officer and Chief Technology Officer of Veris Residential. Mr. Mascillaro... read more
Veris Residential Salaries
How much does Veris Residential pay?
How much do people at Veris Residential get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Veris Residential is $81,139, or $39 per hour, while the estimated median salary is $93,099, or $44 per hour.
At Veris Residential, the highest paid job is a Sales Rep at $131,238 annually and the lowest is a Bookkeeper at $41,611 annually. Average Veris Residential salaries by department include: Admin at $49,844, Finance at $60,225, Business Development at $110,791, and Design at $62,767. Half of Veris Residential salaries are above $93,099.
41 employees at Veris Residential rank their Compensation in the Top 5% of similar sized companies in the US (based on 86 ratings) while 41 employees at Veris Residential rank their Perks And Benefits in the Top 5% of similar sized companies in the US (based on 79 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $57k | $57k | 1st Percentile |
17th Percentile $72k | $72k | 17th Percentile |
33rd Percentile $91k | $91k | 33rd Percentile |
50th Percentile $163k | $163k | 50th Percentile |
67th Percentile $245k | $245k | 67th Percentile |
83rd Percentile $263k | $263k | 83rd Percentile |
100th Percentile $333k | $333k | 100th Percentile |
$81,139*
Average Compensation
$93,099*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Veris Residential Salaries by Department
Diversity & Inclusion at Veris Residential
Diverse employees at Veris Residential score the company 88/100 across various culture categories, placing Veris Residential in the Top 5% of companies on Comparably with 201-500 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Veris Residential across various culture dimensions.
Veris Residential is committed to actively attracting, inspiring, and engaging a diverse workforce, enabling everyone to feel welcome and flourish. Our inclusive and supportive culture has led to a high level of retention.,,We seek to be a diverse company that reflects the various perspectives of the residents and communities it serves. We actively recruit, develop, and promote such diversity, and foster a culture in which everyone has an equal opportunity to be heard, understood, and appreciated. As of 2020, our workforce is 43% diverse and over 40% female.
Ranked Culture the Highest
Ranked Culture the Lowest
Veris Residential Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Performance Bonus
- Tuition Reimbursement
Office Perks
- Company Social Outings
- Legal Assistance
- Work From Home Policy
Veris Residential PTO
Veris Residential's PTO and Vacation policy typically gives 20-30 days off a year. Veris Residential's benefits and PTO Package averages to represent a $2500+ cash value per month.
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?
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Frequently Asked Questions regarding Veris Residential
What is Veris Residential address?
Veris Residential location is at 210 Hudson St
Who is the CEO of Veris Residential?
Veris Residential CEO is Mahbod Nia, their score by employees is 96
What is Veris Residential eNPS?
The eNPS for Veris Residential is 88
What is the salary for HR Manager in Veris Residential?
HR Manager average salary in the US is 101k
What are the salaries in the Marketing in Veris Residential?
The average salaries for Marketing in Veris Residential is 77k
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