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 is to simplify and automate the insurance life cycle so that our customers can focus on what matters most. Our vision is insurance distribution that’s simpler, smarter, and more human. read more
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EMPLOYEE
PARTICIPANTS
1183
TOTAL
RATINGS
34889

Vertafore Compensation Employee Reviews

What is the best part about your compensation package?

Bonus, annual raise is ok

Review from IT Dept · Posted 16 days ago

Insurance Group, Pension Plan & Bonus

Review from Customer Success Dept · Posted 16 days ago

Fixed Compensation with no variable attached to it

Review from IT Dept · Posted 17 days ago

Takehome as per offer letter coming

Review from Engineering Dept · Posted 17 days ago

Flexible PTO and hybrid work environment.

Review from HR Dept

I don't want to disclose

Review from Engineering Dept

The generous PTO and flexible first policy for work from home vs office help me from getting burned out, and keeps me wanting to do my best to stay here!

Review from Customer Success Dept

I am happy with what I have,

Review from Customer Success Dept

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

No best part so far

Review from Operations Dept

We have a fairly flexible PTO policy.

Review from Operations Dept

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

Review from Customer Support Dept

Absolutely has to be the pickleball court.

Review from Legal Dept

Flex PTO and Monthly Sales Bonus

Review from Sales Dept

Paid Time Off is generous for an American company.

Review from Customer Success Dept

Everything is good for me

Review from Customer Success Dept

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

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

Pay can't cover rent and food. Hard to determine budget since most money comes from commission. the sales team beats company goals regularly and yet, no raises even with rising cost of living.

Review from Sales Dept · Posted 16 days ago

The pay needs to be much better and getting a pay raise with above standard reviews should not be restricted to if you received a promotion in the last year or not. It's very disheartening to see the showcase of Accelerate while making less than expected at a tech company

Review from Operations Dept · Posted 16 days ago

first senior role here giving salary in fresher range in outside

Review from Product Dept · Posted 17 days ago

Looking at similar jobs located in the same general location, pay at V4 is anywhere from 20-40% short of similar jobs. I understand that we have decent insurance offered, but I don't think that is a valid reason for pay to be so low. I think hiring at proper pay would allow for better talent.

Review from Customer Support Dept · Posted 17 days ago

Compenation can be kind of low for the amount of work some do. Especially taking the rising cost of living into consideration. While we do get normal increases, it still feels as though we're a bit underpaid.

Review from Customer Support Dept · Posted 17 days ago

Vertafore doesnt really care how much knowledge you carry when you do your reviews

Review from Customer Success Dept · Posted 17 days ago

The raises are never above 2% for excellent reviews. The promotion raise is a non-negotiable 6% - this includes the 2% yearly raise, which makes a promotion a 4% raise. They are increasing in office time to full time without warning and do not pay for parking. Benefits are expensive and awful!

Review from Finance Dept

As a MNC company CTC should match with role.

Review from Engineering Dept

It is well known that Vertafore offers below-market salaries with the idea that their long-term stability and, previously, work flexibility made up for that difference. But those latter perks are going away, which leaves people with below-market wages and little to no perks. So, why work there?

Review from Marketing Dept

I believe that employee benefits play a significant role in overall job satisfaction. Benefits such as comprehensive health insurance that covers family members, regular preventive health checkups, and wellness programs would provide greater financial security and peace of mind.

Review from IT Dept

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

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

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

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

Review from Marketing Dept

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

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

Lesser hike and package than market price and benifits.

Review from Engineering Dept

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

Review Sentiment at Vertafore

87
87%
13
13%

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

1170 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 1170 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