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Verathon

Part of Roper Technologies

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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

Ratings by category

3.8

Diversity & inclusion

3.7

Work/Life balance

3.5

Culture & values

3.5

Compensation and benefits

3.3

Senior management

3.3

Career opportunities

Ratings by demographic groups

Reviews by job title

23 reviews

Reviews about "Compensation"

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2.0
Jun 8, 2022

A good company being run into the ground by poor leadership

Sales representative
Recommend
CEO approval
Business Outlook

Pros

Products are good - but need to address stock issues

Cons

Leaders are missing in action during difficult times – the company has lengthy back orders on virtually every product, staff turnover is higher than ever and you hear next to nothing from the MD or heads of divisions. Everything is just ignored. Leaders never visit customers to face the music, and rarely travel (even outside of COVID times). Very few updates on the dire situation with stock. Salaries are fixed or worse, earning capacity is reduced. There is a complete lack of diversity – leadership is dominated by males, most sales reps are white.

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Verathon Response
4y
Thank you for taking the time to write a review. We completely agree that the ongoing supply chain issues have been frustrating. Our leadership and Operations teams are working around the clock to provide innovative and new solutions to this crisis. Developments are occurring at a constant and rapid pace but we are doing all we can to prioritize and support our customers during this time. We also appreciate your feedback regarding the diversity at our company. In recent years, Verathon has had a strong focus on diversity and inclusion initiatives across the organization. Part of this work includes examining trends in promotions and working to make necessary changes to close any gaps identified. We are proud to say that last year 50% of our promotions into sales leadership roles were female. While we have made great progress, this is ongoing work and we rely on feedback and open discussion as part of that process. If you are open to it, please email us at humanresources@verathon.com to discuss this further. We welcome your feedback and strongly believe in giving every employee an opportunity to safely and confidentially discuss any concern they may have.
4.0
May 22, 2022

Good Company

Territory manager
Recommend
CEO approval
Business Outlook

Pros

Pay was good but demotivating comp plan

Cons

Challenging environment but internally and externally. Growth does not outpace shareholders expectations which pinches comp

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Verathon Response
4y
Thank you for taking the time to write a review. It’s unfortunate to hear you are disappointed with your current commission plan. 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. If you have any other additional feedback or suggestions, please feel free to email us at humanresources@verathon.com.
2.0
Feb 4, 2022

Verathon 2022 - Innovative Tech, poor leadership, pay cuts

Sales
Recommend
CEO approval
Business Outlook

Pros

Having worked here for 7+ years I can tell you that most all the people here are terrific to work with. The technology of Glidescope and Bladderscan are household names in the hospitals, and are extremely well-received

Cons

The main issue at hand lies upon the executive leadership, namely the CEO. Our CEO likes to continuously brag of record profitable years, yet he also continues to cut our compensation for two years running. One must wonder if the leadership is truly this out of touch with the times, or just incompetent. At a time when inflation is ravaging our country and wallets, they decide not to keep pay the same, but instead to slash commission rates. I always thought if a company is having record years than we can all go to the top and eat grapes together, right? Wrong. This has caused a major earthquake amongst the reps and motivation to go out and sell is at an all time low. Also we haven't held a national meeting in over two years! While other companies in our field have resumed normal meeting events, our leadership still cowers behind covid as an excuse to hide on the sidelines, sad.

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Verathon Response
4y
Thank you for taking the time to write a review. We’re happy to hear you enjoy the people you work with and feel we have great products. We pride ourselves on the high-quality products and solutions we deliver to our healthcare providers. It’s unfortunate to hear you are disappointed with your current commission plan. 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. As a medical device company our highest priority is the health and safety of our customers and employees. While we were all very disappointed that we needed to cancel our global sales meeting this year, the decision was made solely based on the safety of our customers and employees due to the current number of Covid cases. We encourage you to reach out to the VP of US Commercial Operations, Travis Bonner, if you have any further questions or would like to share additional feedback.
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