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We appreciate you taking the time to provide your feedback and are sorry to hear that you had a disappointing experience while here at Sovos. We would like to take the time to address some of the points that you bring up. First, we recognize that salary is an extremely important component when choosing an employer - after all, it’s your livelihood. This is why we maintain a pulse check on market average. We benchmark our salaries against similar companies in similar geographies to ensure that our wages are fair and competitive. In addition to that, we provide regular opportunities for salary increases via promotions and merit increases. Thirty percent of our employees at Sovos experienced a promotion or job change in FY18.
You also mention benefits. We realize that salary isn’t the only thing that employees value. That is why we choose to offer a Total Rewards program in which we pair salary with a number of other benefits that help to make our employees lives better. We offer health benefits with an employer matching HSA contribution, myTime flexible time off, paid maternity and leave programs, an employer matched 401k program, tuition reimbursement, development and wellness programs and many, many more. And we feel our employees appreciate that, which showed in a 14% increase in our latest engagement survey when asked about benefits compared to others in the industry.
And you are right, we are not a startup company and our huge growth has shown that! But our culture is more reflective of one where our senior leaders are present, ideas are heard, and change is made. We’re sorry that you did not view it this way, or get a chance to experience some of the benefits offered. Again, we appreciate your feedback and wish you luck in your future career.
- Joe Healey