Veeva Systems reviews

3.5

60% would recommend to a friend

(362 total reviews)
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Peter Gassner

72% approve of CEO

65% positive business outlook

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362 reviews

Reviews about "Compensation"

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3.0
Oct 5, 2020
Recommend
CEO approval
Business Outlook

Pros

First, Veeva has been an exceptionally successful company. The current valuation is high but they have little real competition and are hiring so there is room for growth for the right persons Second, they have a very unique business model, it’s industry specific cloud software with a heavy dose of consulting and professional services.

Cons

The compensation is well below market and sales are on a terrible shared quota, career progression is very slow.

2.0
Sep 18, 2020
Recommend
CEO approval
Business Outlook

Pros

Veeva offers fair pay and the stock price has way exceeded expectations adding a nice pay bonus for most employees

Cons

Once Veeva's co-founder and former President retired to the board, the company culture has gone downhill fast with little respect paid to many of the hard people that helped build the company up to its current level of success. Only a select group of people the CEO likes and knows get opportunities to move and grow within the organization. The new president isn't focused on Product success but rather growing business consulting services and bringing on former buddies from Accenture and Penn State whether they're qualified or not. The result is lots of new senior people in positions in which they don't have the experience to implement and perform at a high level. There are a ton of people hanging around purely to wait until their restricted stock units vest and not because they want to be there.

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