Garmin reviews

3.7

68% would recommend to a friend

(553 total reviews)
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Clifton Pemble

75% approve of CEO

67% positive business outlook

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553 reviews

Reviews about "Compensation"

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3.0
Apr 25, 2022
Recommend
CEO approval
Business Outlook

Pros

Monetary benefits are almost unparalleled in the industry, which somewhat makes up for lower salaries. 401k matching is 12.5% (5% of base salary safe harbor + 75¢/1$ matching up to 10% of base salary contributed). There is a $0 out of pocket high deductible health plan that comes with $500 annual HSA employer contribution (uses to be $1000). No bonuses to be found here, but there is usually a $200-300 cash gift before Christmas, and $20 cash around Thanksgiving to go towards a turkey. As far as work culture, it is very team dependent, but for what still feels like a very corporate, office-centric company trying half heartedly to be fun and flexible, I found the work life balance to be incredible. People are generally smart, competent, and easy to work with, but work normal hours and enjoy their families and hobbies outside of work. I found nothing toxic with the management or the culture. Employees are treated like humans here, in my experience. The PTO policy is decent for America. 22 days a year after 4 years of service. You can roll over an almost unlimited amount year to year, and I never felt pressured not to use it. It does have cash value and gets paid out when/if you leave, which is nice...and often unrealized benefit over "unlimited" or "flexible" policies. The 45% discount on Garmin devices is fantastic if you're into Running, Cycling, or anything else they make products for. The employee stock purchase plan is average.

Cons

Salaries just aren't competitive for software development, and even though I noticed more effort to catch up before I left, there is a long way to go. I was offered and accepted a 25% higher base salary for a fully remote job I had next to no relevant experience for (starting over as a SWE1) without even shopping around much. Even with Garmin's great benefits, it came out to an over 10% compensation increase. With rapid inflation and housing prices being an immediate issue, it's hard to justify staying at a company that ties most of its compensation to 401k. Garmin is a great company to work for, and is doing well financially, so I hope they choose to invest in their employees and procuring new talent more in the future. HQ is pretty far south in the KC metro, and Garmin has committed to a 3 days in-office hybrid schedule last time I checked, which may not be ideal for younger folks wanting to be close to events and social activities in KC. I noticed many employees were older and lived in neighborhoods closer to Garmin. More flexibility with working remote would be better for teams or employees who don't need to be in office to get their work done.

4.0
Apr 21, 2022
Recommend
CEO approval
Business Outlook

Pros

Benefits (we paid less than $400/mo for a family of 4 for great healthcare) Culture - company focuses on hiring A talent. People are smart, driven, and tend to have high curiosity.

Cons

- Base pay not competitive vs. similar companies in the area. - Raises 2-3%, no bonuses and promotion potential on larger teams is challenging. - Growing pains continue as processes that worked for 1,000, 3,000, and 5,000 employees struggle to function "efficiently" with 10,000+. Bureaucracy can seep in to keep processes on rails, but make coordinating thousands of team members in one direction difficult.

Viewing 274 - 276 of 553 Reviews

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