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
1175
TOTAL
RATINGS
34657

Vertafore Compensation Employee Reviews

What is the best part about your compensation package?

It would be beneficial to increase the health insurance coverage to better align with current hospital expenses. Additionally, including parental insurance as part of the benefits package would be an excellent enhancement.

Review from IT Dept · Posted 15 days ago

No best part so far

Review from Operations Dept · Posted 17 days ago

We have a fairly flexible PTO policy.

Review from Operations Dept · Posted 19 days ago

The health and wellness benefits are comprehensive, giving me peace of mind for my family?

Review from Customer Support Dept · Posted 23 days ago

Absolutely has to be the pickleball court.

Review from Legal Dept · Posted 23 days ago

Flex PTO and Monthly Sales Bonus

Review from Sales Dept · Posted 23 days ago

Paid Time Off is generous for an American company.

Review from Customer Success Dept · Posted 24 days ago

Everything is good for me

Review from Customer Success Dept · Posted 24 days ago

the fact that there if room to improve from where you are

Review from Customer Support Dept

It's comparable to other companies

Review from Customer Support Dept

I think the best part of my compensation package is FLEX PTO and the competitive pay.

Review from Product Dept

We have a reasonably generous PTO package.

Review from Operations Dept

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

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

Review from Customer Support Dept

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

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

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

I have 10 years of experience I think company is way under paid compared to our USA counterpart but we the same work.

Review from Operations Dept · Posted 5 days ago

Employee experience could improve by reviewing compensation and promotion benefits, addressing high workloads for senior members, restoring morale-boosting gestures, and offering more flexible work arrangements. These changes may enhance satisfaction, retention, and overall effectiveness.

Review from IT Dept · Posted 12 days ago

wages are lower than desired, would prefer fewer "perks" and more take home pay. Spend less on mediocre perks like gym benefits, and give me more money

Review from HR Dept · Posted 19 days ago

Salaries are significantly below industry average as is 401K matching percent.

Review from Marketing Dept · Posted 19 days ago

I think at every 5 years or so, salary normalization should happen as per the fair average market value for that role. That would help us to be competitive with the industry/market and retain very best top talent as the years progress.

Review from Engineering Dept · Posted 23 days ago

I feel that my compensation growth over time has not fully reflected my experience, contributions, and the evolving scope of my role. Greater alignment with market expectations, organizational scale, and a clearer connection between performance, role progression, and compensation would help improve

Review from Customer Support Dept · Posted 23 days ago

Lesser hike and package than market price and benifits.

Review from Engineering Dept · Posted 24 days ago

Pay employees salaries that mirror the rest of the market. Our pay rates are much lower than the same jobs in the same industry.

Review from Product Dept

I have worked at the company for well over a year and am still not paid a living wage for my metropolitan area.

Review from Customer Support Dept

Getting paid for 0 stage opps

Review from Sales Dept

Sales is something that can be very up and down. Our base is not a ton of coverage. It is nice however that we are hourly due to all of the events we attend as sales people

Review from Sales Dept

They need to research Nationwide and Local pay standards for positions

Review from Sales Dept

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

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

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

1162 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?”, 62% 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
    +14%

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 1162 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes62%
No38%
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