Vertafore Compensation Employee Reviews | Comparably
Vertafore Claimed Company
Vertafore is a leading technology company, dedicated to building software to modernize the insurance industry. Our purpose and vision are to create insurance distribution that’s simpler, smarter and more human. read more
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EMPLOYEE
PARTICIPANTS
1156
TOTAL
RATINGS
34089

Vertafore Compensation Employee Reviews

What is the best part about your compensation package?

We have a reasonably generous PTO package.

Review from Operations Dept · Posted 3 days ago

I think that the pay increases throughout the first year really helped me continue to strive for better within my role. Though now that I'm at the top of that role I need to see my first yearly review to better understand how compensation feels when I'm only getting yearly wages.

Review from Customer Support Dept · Posted 10 days ago

It fits my work. I feel I am compensated very fairly.

Review from Customer Support Dept · Posted 10 days ago

Bonus plan is fairly competitive in the marketplace, although formula for it is not transparent nor clear throughout the year. Not knowing the exact formula gives perception (and opportunity) to make the bonus % whatever execs want.

Review from Engineering Dept · Posted 11 days ago

Long term incentive plans are great

Review from Executive Dept

it is comparable to other companies

Review from Customer Success Dept

The salary is received on time.

Review from Engineering Dept

We have no-hassle Personal Time Off (PTO).

Review from Operations Dept

Medical Insurance and Term Insurance

Review from Product Dept

Bonuses as incentives besides the obvious things like good medical benefits

Review from Customer Support Dept

The PTO is a huge win, in my Opinion! You also have many opportunities to move up and get a Raise Annually!

Review from Customer Support Dept

Great healthcare benefits, flexible HSA choices, PTO

Review from Communications Dept

The health insurance is great. Also, appreciate the Volunteer Time Off opportunity.

Review from Marketing Dept

The best part of my compensation package is the balance between competitive base pay and meaningful benefits.

Review from IT Dept

ability to work from home

Review from Engineering Dept

Bonuses are tied to working hard as is merit. They notice people bust their butts. HealthCare is good too with HSA plan helping to plan for future health needs especially after retirement. Its a high deductible plan but if you try to stay healthy then you can plan for future needs instead

Review from Customer Support Dept

This Company has the best Benefits I have ever had! The Pay is Good, and there are always ways to move up and get more! The PTO is always a HUGE Bonus!

Review from Customer Support Dept

Flex PTO, Flexible First Work Schedule.

Review from Operations Dept

Ability to increase as quota attained.

Review from Sales Dept

They are low cost and and ECO pass is available.

Review from Engineering Dept

Why do you feel undervalued and what would make you feel better about your compensation?

The pay structure of Vertafore versus other companies is abysmal. I am so severely underpaid and have to work additional jobs to survive.

Review from Product Dept · Posted 11 days ago

Feel that feedback provided in 2x/year survey regarding WFH policies and compensation are completely ignored. I would feel better with fair compensation and being allowed to do my job remotely - where I am most productive and the team has proven itself to be over the last 5 years.

Review from Finance Dept

Its alot of responsibility for the market I live in. Ive done similar roles for more pay at other organizations

Review from Finance Dept

I feel that the pay for developers in QQ Catalyst is low for the market. Many of us could be making 1.5-2x the pay we're currently getting. Not to mention several jobs have been eliminated on our team do to attrition and have not been filled.

Review from Engineering Dept

I feel that because our cost of living is lower than other states where we maintain offices, its assumed that our cost of living is low, which would be incorrect. I would feel more correctly compensated if we were compensated leveraging the average among our offices per position and across the board

Review from Product Dept

Denver is an expensive city to live in and I can get by but I think my role should pay 20% at the very minimum.

Review from Customer Success Dept

doesn't match previous employers....bonus is really low

Review from Customer Success Dept

I don’t want to depend on a second job just to afford groceries and parking. If office attendance is required, parking should be covered. I live far due to affordability, and Eco Pass

Review from Finance Dept

Rate of pay is lower than other tech companies, but the culture is wonderful. I think that is why people stay a long time.

Review from Customer Success Dept

I feel it has less to do with being undervalued and more to do with the fact that the wage is hardly a livable one in today's world.

Review from Customer Support Dept

There needs to be clearer career development goals that are actually attainable.

Review from Customer Support Dept

We are paid very poorly compared to the rest of the software world. Our benefits are very poor compared to the rest of the software world.

Review from Engineering Dept

fair mrket review and publish

Review from Customer Success Dept

Market rate for my role is 30-50k higher. A coworker a level lower left and is making $25k more than me. I've been promoted to Sr PMM, but fought for 3 yrs for the title after my responsibilities grew and Vertafore brought in someone external as Sr PMM with less responsibility -task or strategy

Review from Marketing Dept

I am underpaid for my career and educational history.

Review from Customer Success Dept

trend analysis for compensation in this area are better, regardless of company.

Review from Customer Support Dept

I know that there are people who have the same job title that I do. They have been in that position not as long as I have but they do make more money than me. I am pulled in as an SME all the time and get special projects, I should be compensated for that.

Review from Customer Support Dept

When I started working for Vertafore over ten years ago, I started out at $15/hour. We are still starting employees at my location at the same rate. Pay scale needs to be reviewed!

Review from Customer Support Dept

The flexible first work environment has recently been eliminated and Vertafore now requires in office days every week. Increasing an employee's commute and the cost of parking cancels out the little to nothing raises received for the year. I sincerely hope they reconsider their negative changes.

Review from Finance Dept

Currently I am a level 2 in my position. There are people that I am training that come in at Sr. level. I think that making the titles based on pay level should be changed. I think that if you start new in a position you start at the bottom and then work your way up.

Review from Customer Support Dept

Review Sentiment at Vertafore

88
88%
12
12%

About Vertafore's Compensation

B
73/100

Where This Score Ranks Vertafore's Compensation

TOP
30%

In the Top 30% of 2155 similar size companies on Comparably

TOP
40%

In the Top 40% of 102 companies in Denver

2nd

2nd place versus 4 competitors rated on Comparably

1143 employees at Vertafore score their wages and compensation a B on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 63% say Yes. The Admin department is the most satisfied with their compensation, ranking it 93/100, a full 30 pts above the Product department. If you want detailed data about Vertafore's wages, see the <a href="https://www.comparably.com/companies/vertafore/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Admin
    +20%
  • Department - Communications
    +16%
  • Department - Legal
    +12%

Rate Compensation the Lowest

  • Tenure - 2 to 5 Years
    -29%
  • Tenure - 1 to 2 Years
    -13%
  • Department - Product
    -10%

How Vertafore's Compensation Score is Calculated

FILTER RATINGS BY

Results from 1143 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes63%
No37%
Do you believe you're paid fairly?
AnswerPercent
Yes76%
No24%
Are you satisfied with your Benefits?
AnswerPercent
Yes96%
No4%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less4%
Every year75%
Every 2 years10%
Every 3 years or more1%
Never10%
How often do you get a raise?
×
Rate your company