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Xactware Solutions

Now known as Verisk

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Great company to work at if you are prioritizing work life balance - Software Developer I Xactware Solutions Employee Review

3.0
Jun 3, 2021
Recommend
CEO approval
Business Outlook

Pros

-Not as difficult and demanding as other tech companies. -Large stack to work with - plenty of technologies to learn. Constantly innovating. -Good amount of PTO. -Good culture, filled with kind people - however it is predominantly Mormon. So don't expect to go out to a happy hour with your co-workers. -Work life balance is great. They have also been generous on working from home. I have not stepped into the office for a year. (We will see how this goes leaving the pandemic.) -With my team, management is understanding and wants you to progress in your career. I've heard that other teams it is not the same culture. -Deadlines feel like soft deadlines rather than hard deadlines, if the team doesn't complete whatever it is in time we don't do overtime and we just push off the deadline. I do believe this is team based, and that there may be other divisions that this is not the case. -Pretty good annual bonuses. Typically 7.5-12% of your base salary based on performance.

Cons

-Lower pay than market value. -Terrible raises/promotions; if you want to increase your salary you are better off switching jobs after working here. -The rating system that management uses is a bell curve which has a direct impact on raises/bonuses. They have the equivalent of 1-5 system (but they use words like "exceptional" = 5, "continuously exceeds expectations" = 4, "satisfactory" = 3, etc.) for rating your performance. And if you are rated as continuously exceeds expectations but most the team is rated that (because you have a good team) then everyone is knocked down to an average of satisfactory. This leaves a bad taste in my mouth because I'm sure the top executives and management are all ending up with the top possible bonus they could receive. While the developers/middle management are receiving a diluted version of their bonus.

Explore other reviews about Xactware Solutions

5.0
Oct 12, 2022
Recommend
CEO approval
Business Outlook

Pros

Great culture, good people, and good work-life balance.

Cons

Not a lot of opportunity for internal advancement.

3.0
Aug 28, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Good benefits - Secure positions (they don't fire people to trim the budget) - Excellent facilities - Flexible work-from-home policy in most departments (as long as you aren't abusing it) - Fun activities for the whole family (I'm a fan of the movie nights on the lawn)

Cons

- Management is moving backward, not forward. - Promotions are given based on who you are friends with. - There is a severe lack of diversity especially in management. - Once they have made up their minds, senior management won't listen to concerns or suggestions. But they don't give you a chance to express your concerns or suggestions before they make up their minds. - There is a lack of communication across departments. People are duplicating work because no one is talking to their counterparts in the rest of the company. - The product release is driven by development. This might be a pro if you are a developer. But for marketing, sales, implementation, QA, documentation, training, and support, it is a pain in the neck. The company doesn't look good if you are learning about a product feature for the first time when a customer asks you a question about it.

6
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