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
Jul 11, 2024

Empty promises and insulting raises

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They do a good job of hiring cool people

Cons

Upon being hired, I was told a growth plan including what my salary would be over the course of 4 years. Since then, they have cut raises from 10% to 2% for year one and 18% to 3% for year 2. They continue to talk about how well my team and the company is performing, yet cut raises to the point where it’s insulting.

1.0
Jul 2, 2024

Beware

Recommend
CEO approval
Business Outlook

Pros

Good place to start a career. If you get to work remotely, it's nice unless you're in engineering. Then you have 2 meetings a day just to make sure you're home.

Cons

No stability. You will be asked why you aren't happy to be pulled into projects on the rare days you aren't already scheduled for something else. You will have no time to meet with the affinity groups that are set up, because you don't control anything about your day. That will then show up on your review - even if you have stellar reviews - and you will be on the path to being fired for not being visible enough (even though you are scheduled nonstop) or happy enough (to be treated worse than some other departments). The company likes to say they don't do layoffs, but it's easy to see how many are joining the company vs leaving on the internal social media. You have to drink the orange kool-aid and hug the stupid person in a mascot suit in order to be allowed to stay and just do the work you are (vastly) underpaid for. Don't expect mentorship or career guidance or promotion as regularly scheduled 1:1 meetings are discouraged in favor of group meetings, so you will not be guided through anything that grows you and not the company - even if you ask. The 2% of your salary they give you is your base salary, so it doesn't even cover a membership or a year of a service. Do not expect to leave this company with anything more than you came with, and do not expect the stock they give you as part of your compensation to fill out your needs - it always goes down as the CEO finds a way to suppress the stock price every time a grant is about to become available to employees to sell. Benefits have plummeted, there is no longer unlimited PTO even though they still call it a perk. You are limited to 3 weeks, and anything more will have to go through a division leader for approval. They won't know you, so it will be denied. You won't get the holidays other companies do because of "Veeva Break" supposedly, but that's also the excuse for the low vacation. You also won't be able to roll that vacation over to another year or take a payout since it's "unlimited" and you can't accrue something unlimited. Makes sense right? Long story short, never bring up anything negative to anyone above you even in a positive way or as a concern, even if they ask you for honesty. They will see it as complaining. That is the Veeva I experienced, and once you're branded a complainer you will be shown the door.

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