Solera Holdings

  www.solerainc.com
  www.solerainc.com
Work in HR? Unlock Free Profile

Solera Holdings Reviews

Updated July 31, 2014
Updated July 31, 2014
11 Reviews
3.4
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Solera Holdings Founder, Chairman & CEO Tony Aquila
Tony Aquila
10 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Unique culture with great growth opportunity for the company and employees

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

    I have been working at Solera Holdings full-time

    Pros

    Very strong cultural values - 80/20, 30/30, 90/10 are not buzz words but are ingrained throughout the organization. Amazing benefits/great total comp. Employees are empowered to move things forward and make improvements and are accountable for the results of the entire team.

    Cons

    A high level of flexibility does produce more complexity and a certain amount of chaos. You need to be a true self starter and confident in driving your own career in order to succeed within Solera.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    "Wall Street meets The Amazing Race"

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

    I have been working at Solera Holdings full-time for less than a year

    Pros

    Prepare to be unprepared is the credo by which all employees live and operate. Entrepreneurial to its core, Solera is comprised of associates with high intellect, a constant hunger to learn and a profound passion to make a difference, both professionally and philanthropically. Having worked for a number of top box employers in my past, where hidden agendas are the de facto, I have marveled at Solera’s emphasis for transparency and belief in Fighting for the We, a key ingredient to measuring success on any initiative. I liken the experience to “Wall Street meets The Amazing Race,” highly analytical and results oriented, yet resourceful, agile and team oriented to win the fight. This is a culture where management truly walks the talk and a result, creates an all volunteer crew to the cause…

    Cons

    Solera is growing so quickly both geographically and through diversification. Keeping pace with new territory expansion, diversified business models and changes in technology is often overwhelming. Finding optimal solutions for virtualization to reduce travel would be ideal.

    Advice to ManagementAdvice

    Continue to hire great people, who are inspired to make a difference and take pride in their work and humanity Do not compromise! Great people bring great passion, which will ensure that the legacy of Solera will live on.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Get under the hood...this company is awesome!

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

    I have been working at Solera Holdings full-time for more than a year

    Pros

    The Solera Way is a compass, pointing you in the direction you need to go (the 20) and giving you the freedom to own the result (the 80); if you want to challenge yourself and test your real potential, this is one of the best professional and personal experiences you can have. Solera invests in people in uncommon ways - through the Solera Institute (3-day event that is kind of like the Amazing Race, the Apprentice, and Survivor blended together) through LIFT to LIFE (6 month charitable mission program) and constant opportunities to deploy onto new teams and missions. Most importantly, through 90/10 teammates who will help you sharpen your performance everyday. It's about being humble (it's ok to fail if you are willing to learn from it), hungry (constant dissatisfaction) and hunting (innovate, go for the win). In any position in the company, you are encouraged to be creative and challenge the status quo and find a more efficient, more digital, more Uncommon way...the Solera Way! The CEO is a visionary entrepreneur who inspires people to be their best.

    Cons

    The company is growing rapidly, it can get very demanding and fast pace and you have to manage your workload to keep up. It's not for everyone, you have to be willing to raise your own bar and be open to new things and ambiguity.

    Advice to ManagementAdvice

    Keep challenging us! And share some of the wins, the company is very humble about its success but could benefit from more communication & celebrating the team wins.

    Recommends
    Positive Outlook
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Humble, Hungry and Hunting... This company rocks!

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

    I have been working at Solera Holdings full-time for more than 3 years

    Pros

    Solera is not for everyone... It's fast pace and full throttle. 80% intensity. However, with that, the alpha leaders that rise to the occasion will receive an education like not other. Constantly innovating and raising the bar. Top management takes the time to build and invest in their people. The global opportunities are vast, you create your own path... What you put in, you can get out exponentially.

    Cons

    You have to be hungry. Solera remains in a constant state of dissatisfaction, but that's only a con if you don't have the desire to raise your own bar. It's not about where you start, it's about where you go next and you have to be mentally prepared to fall down, but get back up and keep pushing.

    Advice to ManagementAdvice

    Please continue with the global philanthropy opportunities - they are a once-in-a-lifetime chance for those who want to give back, but don't necessarily have the means.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Dynamic firm

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Solera Holdings

    Pros

    always new knowledge, young staffs, free food

    Cons

    stressful working environment, long hours,

  7.  

    A fire-happy company

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

    I worked at Solera Holdings full-time

    Pros

    Lots of learning opportunities, free lunches at corporate office, decent benefits.

    Cons

    Absolutely no work/life balance. Work past 8:00 pm most nights and almost every weekend. Your best is never good enough. Expectation to turn around a project that would normally take over an hour and expect it in less than 30 min. Very little direction...it's your job to figure out the 80 (Solera lingo) yet you are in trouble if you didn't figure out the correct 80.

    Advice to ManagementAdvice

    Have discussions first with the employee before going to the last resort and firing them. Give the employee the opportunity to fix whatever is not making the manager happy. Solera would rather take more time having an open position with interviewing, while giving more work to others, and then the ramp up time with a new employee as opposed to giving the current employee a chance.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Great learning experience with absolutely no work/life balance

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

    I worked at Solera Holdings full-time

    Pros

    Compensation package is competitive
    Opportunity to travel and relocate
    Opportunity to learn new things and be challenged
    CEO is a great person

    Cons

    Absolutely no work/life balance (after hours and weekend work is expected)
    Unrealistic expectations (e.g., Management asks you to complete a 3 hour project in 30 minutes with no mistakes..and nobody has time to review your work...good luck)
    Management would rather replace employees than address the issues

    Advice to ManagementAdvice

    Pay lower salaries and hire more people to spread out the workload and allow employees to truly disconnect (especially on weekends).
    Learn to truly prioritize demands - everything is NOT critical/urgent

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    You're boarding a sinking ship...

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

    I have been working at Solera Holdings

    Pros

    Company has an entrenched position in the insurance industry which historically does very well in recessionary periods; in other words Solera is a "safe port in the storm". In general company is fairly flexible with work hours for its back-office employees. Benefits are average to sub-par.

    Cons

    Management in general does not value its employees nor does it make any real attempt to do so (sorry, "popcorn Wednesdays" doesn't cut it...) Bottom-line cost-cutting trumps any attempt at employee retention or growth. Strong emphasis is given continuously to the "company values" (typical six sigma) but the platitudes ring hollow when it's so obvious that the employee/employer relationship is a one-way street which has everything to do about the company hitting it's quarterly numbers and nothing to do about anything else (including your life/sanity).

    Advice to ManagementAdvice

    Assuming you're actually trying to add value, think more long-term than the next quarter. Realize that by investing in your primary assets, your employees, that you will not only hit your short-term goals but likely your long-term ones as well...

    Doesn't Recommend
    Disapproves of CEO
  10. 2 people found this helpful  

    Not many positive things to say at this point.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer IV  in  San Ramon, CA
    Current Employee - Software Engineer IV in San Ramon, CA

    I have been working at Solera Holdings

    Pros

    For now, there aren't a lot of good reasons to work for Solera. There is a generally good team of software and test engineers. There are a few good teams to work for if you're lucky enough to get hired into them.

    Cons

    Long unpredictable hours and regular night work detract from the work environment. Management has made the decision to close down most of the San Ramon technical center and move to cheaper labor in San Diego and Mexico. This has resulted in a lot of engineers losing their jobs. Many engineers were told how valued they were in a group meeting, but were not offered to relocate to San Diego. With the "San Diego" decision, there has been a fairly quick brain drain and a loss of many key engineers. So the working environment has deteriorated to the point where morale is very low, and I think most people in San Ramon at least, are trying to find greener pastures.

    Advice to ManagementAdvice

    Despite what you communicate, it really doesn't seem like you value your employees too much. The fact that you are willing to lose so many engineers shows that management is a little out of touch.

    Doesn't Recommend
    Disapproves of CEO
  11. 1 person found this helpful  

    Underwhelmed

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

    I have been working at Solera Holdings

    Pros

    Anyone that is left, still has a sence of ownership and a sence of pride because they helped build the company up over the past 25 years.

    Cons

    Management takes a Body Shop approach to running the business. Lack of professional leadership like at ADP. Management shuffles left and right. Capital has been slowly pulled out of the core business and walked out the back door. Will sell and fire everyone if it means meeting a short term goal and to appear profitable. Stripping operating income is the only way to show profits and the revenue growth is flat. There seems to be no emphasis on the associate and relationships with clients. Zero strategic planning other than reach a goal of 1 Billion in revenue with no vision or communication of how to do it except to pull capital, ruin careers and tear apart familys. Six Sigma works great for a manufacturing company but not for a service company. This approach has stripped talent and has destroyed quality and end user satisfaction. I had higher expectations when Solera and it's leadership came on board but have been completely underwhelmed by what they have done to what was once a great place to work.

    Advice to ManagementAdvice

    Sell us now so there is still something left to rebuild

    Doesn't Recommend
    Disapproves of CEO

Solera Holdings Photos

Worked for Solera Holdings? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.