Terrible comp plan and Senior Leadership - Territory Manager Verathon Employee Review

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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5.0
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Cons

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5.0
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