Verathon reviews

3.8

67% would recommend to a friend

(23 total reviews)
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Earl Thompson

64% approve of CEO

65% positive business outlook

Reviews by job title

23 reviews

Reviews about "Compensation"

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1.0
Feb 8, 2023

Disappointed

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work life balance to some degree

Cons

There is no path forward in this company and you will be stuck doing the same thing for years. The pay is not competitive and the compensation structure for Sales team is very poor. The company scored low on the employee survey this year and this clearly shows employees are not happy within the company. Managers feel like they can dominate the employees. Overall I agree with the other reviews here, very disappointed. If you have an option to join another company please go for that.

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Verathon Response
3y
Thank you for taking the time to write a review on Verathon. We are happy to hear you have good work/life balance in your role but are sorry to hear you feel there is not a good path forward for you. We pride ourselves in the tools and resources we offer our employees for development such as tuition reimbursement, Linked In learning, internal training, and more. Through our focus on employee development and career pathing, we filled more than 10% of our open roles last year through internal transitions/promotions and 75% of our sales management team was appointed through internal growth. We also take pride in ensuring our sales compensation plans and structures are competitive and continue to remain at the 75th percentile of comparable medical device companies that we survey against every year. Like many other companies we survey against, our engagement results did dip slightly this past year but we remain above average against other comparable companies and our overall engagement scores are still quite high indicating Verathon is a great place to work. If you have additional feedback, we encourage you to reach out to your direct manager or your HR Business Partner.
5.0
Feb 3, 2023

Wonderful company with a strong vision

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Competitive pay for the Seattle area - The company believes in its 7 values and emulates them well - The Bothell HQ location is recently remodeled and is a very welcoming environment. - Enjoy working for a company that is literally in the business of saving lives. (what we do matters) - Great PTO and benefits for new hires

Cons

- Some people in the office are not very friendly.

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Verathon Response
3y
Thank you for taking the time to provide your feedback. If you have any further feedback to share please email us at: humanresources@verathon.com.
2.0
Aug 23, 2022
Recommend
CEO approval
Business Outlook

Pros

BFlex, BladderScan and GlideScope are great products and well adopted within the healthcare space.

Cons

Sales were through the roof during the pandemic. Absolutely phenomenal years for growth and adoption of GlideScope. How does Senior leadership decide to reward us? To cut our commission rate from 10% down to 5% from end of 2020 to beginning of 2022. That’s a 50% reduction in just over 1 year. They try to make it up to us with a measly $10k base salary increase (which was a low base of $55k salary to begin with). These positions used to be $180-$200k+ jobs. Not even close anymore. VP of sales is a puppet for CEO who doesn’t care about reps. Morale is very low. People are dropping like flies. Their “do the right thing, do things right” motto is only followed when it makes sense for the company. I know people who were not paid thousands of dollars they were owed because of the supply chain shortage (you’re not paid until stuff ships- not a great situation to be in when there’s a global supply chain shortage).

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Verathon Response
3y
Thank you for taking the time to write a review. We use a number of external resources and multiple data points to ensure our commission plans are fair and competitive in our market. Due to this, our attrition in sales is significantly below industry average which we believe is a strong indicator that our plans are competitive and that the majority of our sales employees are happy with them. We are sorry to hear you feel you cannot voice feedback as 360 feedback is part of our annual reviews and taken very seriously by HR and leadership. Please email humanresources@verathon.com if you would like to provide us with more detailed feedback.
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