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Xactware Solutions

Now known as Verisk

Is this your company?

Really? Pay is not competitive! - Anonymous employee Xactware Solutions Employee Review

2.0
Dec 1, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay check is stable. Medical Benefits are decent. Still have some "Employee Value" activities Depending on the week, work life balance is ok. There are lots of ob openings, because retention is not good. But they can't be filled because of freezes.

Cons

The pay here in most dev/it dept's. is 20-25% below what people leaving to go to other companies are making in similar positions, and sometimes even "lesser" positions. No attempt to retain employee's: an attitude of "We don't counter offer, if you're not happy enough to look other places, we don't want you anymore" This sucks for people leave who truly like working here, but can get paid way more somewhere else. Verisk's Policies are negatively affecting Xactware Customers and it's employee's, and there seems to be no attempt from upper management to defend the people working here. We might as well drop the Xactware name at this point and call our selves Verisk. Very stagnant change with management. Only progression paths are through management, but since they are entrenched, there's no opportunities for growth. Lack Luster training and employee growth investment. No incentive to perform well. Anything to stay off the "bad" radar is good enough. Bonuses are handed out by grade(e.g. A, B, C), for every high grade given, there has to be a lowest grade to match meaning few get high bonuses (A) and there is always a C on the team, even if everyone performed well. Raises are lack luster and impossible to get more than 1-2 % unless you know the right poeple Upper management seems checked out and more concerned with their standing in Verisk than how Xactware is doing. Verisk cares nothing for Xactware They are starting to implement "Watch our employees" and "We don't trust our employees" type environmental controls around access to anything. Holidays are weird/not great, 1 day for Christmas. 1 day for New years There are lots of ob openings, because retention is not good, and they can't be filled because of freezes.

Explore other reviews about Xactware Solutions

5.0
Oct 12, 2022
Recommend
CEO approval
Business Outlook

Pros

Great culture, good people, and good work-life balance.

Cons

Not a lot of opportunity for internal advancement.

3.0
Aug 28, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Good benefits - Secure positions (they don't fire people to trim the budget) - Excellent facilities - Flexible work-from-home policy in most departments (as long as you aren't abusing it) - Fun activities for the whole family (I'm a fan of the movie nights on the lawn)

Cons

- Management is moving backward, not forward. - Promotions are given based on who you are friends with. - There is a severe lack of diversity especially in management. - Once they have made up their minds, senior management won't listen to concerns or suggestions. But they don't give you a chance to express your concerns or suggestions before they make up their minds. - There is a lack of communication across departments. People are duplicating work because no one is talking to their counterparts in the rest of the company. - The product release is driven by development. This might be a pro if you are a developer. But for marketing, sales, implementation, QA, documentation, training, and support, it is a pain in the neck. The company doesn't look good if you are learning about a product feature for the first time when a customer asks you a question about it.

6
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