Verifone

www.verifone.com
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Verifone is stuck in the past

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Verifone full-time (more than a year)

Pros

Benefits were OK. That's about it.

Cons

They hold on to ancient processes and systems.

Advice to ManagementAdvice

Care more about employees and the products you're putting out.

Doesn't Recommend
Negative Outlook
No opinion of CEO

136 Other Employee Reviews for Verifone (View Most Recent)

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  1. 3 people found this helpful  

    Tons of opportunity if you can survive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Verifone full-time (more than 8 years)

    Pros

    -As of late company is reinvesting in its infrastructure
    -Company paid time off is good
    -Nice insurance options
    -Talent and hard work can take you far in the company
    - You will learn multiple roles
    -Rank and file employee base is close knit

    Cons

    -Pay in many positions is not market competitive
    - Suspension of 401k match has happened more than once in 3 years
    - Frequent headcount reductions/layoffs
    - Company has cancelled or postponed merit increases multiple times in the last 6 years
    - Medical Insurance is more expensive than it should be
    - HR is a revolving door
    - You will be doing more than 1 job 24 hours a day
    - People resources are always tight, which means always flying by the seat of your pants instead of doing the job right the first time

    Advice to ManagementAdvice

    - Take care of your employees
    - Pay your employees fairly based on what they actually do and the market, not based on job profile
    - Dont cut benefits to finance the latest acquisition
    - Finish R&D on a product before launching as production
    - Hire the employees you need to accomplish the job you want done

    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Company is in transformation mode, very positive direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

    I have been working at Verifone full-time (less than a year)

    Pros

    As the company has struggled over the past few years a major transformation started just a couple months ago. There is a much greater focus on new product development, new ways of doing things that is really bringing much of what was out-date in terms of management and process more up to date. There are still challenges, but management has taken on a listening approach that is enabling things to get done faster and more in line with what is good for the employee population. It is an exciting time to be here because there is so much to do..

    Cons

    Many changes as well as the management style for the past few years have taken their toll on morale. It is an uphill battle to get people pumped about how things are getting better and will keep getting better. Before there was a focus on profits at any cost and that really got people down. Today there is a new attitude from the top down that is much more focused on how a engaged employee population translates into greater productivity and a better, happier company.

    Advice to ManagementAdvice

    Keep going with the new focus areas. Continue to work on better acquisition integration. Never stop listening to the rank and file employees who are the bread and butter of the organization as well as your chief evangelists. Embrace the corporate cultures of other great companies and get some of those fringe benefits in the hands of the people who work the hardest.

    Recommends
    Positive Outlook
    Approves of CEO
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