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First, thank you for taking the time to share your thoughts. We are sorry to hear that your experience working at Sovos did not match our goal to foster a rewarding and purpose-driven environment.
We have taken your feedback into consideration to make sure we address the areas where we did not provide a great experience for you, but would like to respond to a few of your specific concerns.
Businesses around the world are challenged to keep up with the pace, volume, and complexity of compliance requirements. Over 4,500 clients in 120 countries around the globe (including half of the Fortune 500) count on Sovos to stay ahead of complex and fast-evolving government regulations. Sovos employees view the excitement of working in a dynamic, emerging market as a positive aspect of their experience, but we acknowledge the quick pace and constant change is not right for everyone.
In the past twelve months, nearly one-third of Sovos’ 600 employees achieved career growth in the form of promotions or new roles, based on the merit of their contributions. We believe high performers want to work in a culture that rewards individual impact – which is likely why we retained over 90% of our top talent this past year.
As you alluded to, the talented and passionate people who work at Sovos are what make it such a great place to work. We don’t take it lightly that we employ the best people on earth, which is why in the past year we have done thorough compensation reviews at all of our sites, implemented a generous corporate bonus plan, and bolstered our benefits program, which today includes comprehensive health insurance, a 401(k) with company matching, and tuition reimbursement, among other offerings.
Thank you again for taking the time to provide feedback on your experience. We wish you the best in your future endeavors.