Ventyx Reviews

Pros

Good exposure to the working of a large corporation for those who are capable of seeing the bigger picture

Cons

Easy to feel unrecognized. Decisions are based on business needs only. One needs to be prepared for that - not for everybody.

Pros

benefit are very good, there is 5% pension contribution by Ventyx - ABB pension
Salary compensation is OK, vacation 5 weeks after 7 years

Cons

very difficult to be promoted if not close to senior managment

Pros

-Your Coworkers are great
-There is a great deal of knowledge at the ready

Cons

-Management not very focused on employee well being
-Slow to react to changes in the market
-Morale is low in the company

Advice to Senior Management

Focus on retaining and rewarding the people in house as much as you do on obtaining new unproven people from the outside of the company

Pros

Very big company with a global footprint. One can learn a lot within the company about the energy market. Great people within the company.

Cons

Question the way they pick people to promote. Overlook some very good talent and give the job to people less qualified.

Advice to Senior Management

Promote people because they know the product and have experience, not because they were at the right place at the right time.

Pros

My coworkers are great, it's a good environment to be in, over all our office is pretty relaxed but we get our stuff done.

Cons

I don't see much opportunity for growth or advancement.

Advice to Senior Management

Keep in mind all the people that do the little day to day things that keep our products as industry leaders. We're the ones creating data, putting data into models, developing and implementing software. Ventyx wouldn't be where it is today without our hard work. A little more recognition would be nice.

Pros

The only pros to this job have absolutely nothing to do with the company but rather the random assortment of people I found myself working with. Due to many acquisitions of an assortment of different companies, one may find themselves on a team with some really great individuals. Unfortunately, Ventyx hates employees and everyone that is worth anything eventually leaves.

Cons

Ventyx is only capable of two things acquiring good companies and deflating their culture until the legacy employees leave out of desperation; and managing a balance sheet to make the company look profitable/viable even though everyone is worked to the point of extreme dissatisfaction and empty positions are rarely filled except by under qualified, entry-level people. Ventyx is also incapable of listening to the marketplace either through the stubborn attitudes of product managers or due to the lack of sufficient engineering resources. Ventyx employees are never paid what they are worth and there is a very high turnover rate. Because raises/promotions are rare, it is not uncommon for employees to jump ship quickly. And when they do leave, they usually receive a base salary that is 20-30% more than when at Ventyx.

Advice to Senior Management

Start caring about your employees and their satisfaction. Pay your people what they are worth or they will continue to leave. Listen to what your employees and customers are telling you. You have no experience in running a successful software company, only managing a balance sheet for the purpose of being purchased by a larger company. There are a lot of smart people that work at Ventyx, listen to them and what they're telling you they want and the marketplace needs. Stop focusing on org charts and empower your people to do what it takes to satisfy the customer. If you aren't going to do that, shut the company down so the talent that is present can find meaningful employment elsewhere.

Pros

Very interesting time to be at the company. Parent company is committed to aggressive growth in the industry. 4 acquisitions in the past year have bought tremendous change and opportunity for advancement within the organization. Employees get exposure to a wide variety of assignments right from day one.

Cons

Fairly average compensation and uninspiring work environment. As is the case with the larger industry, this is a somewhat "old" company, which can be both good and bad for younger employees.

Advice to Senior Management

Focus on creating a standard template for integrations with an emphasis on transparent change management. Introduce a true software company culture within the entire organization.

Pros

Employees obtain work experience immediately

Cons

Lack of mentorship, training, communication from senior management. Most positions do not offer salaries comparable to competitors

Pros

Flexibiltity as far as work/personal life balance is concerned

Cons

Management disrepectful , No growth opportunity

Pros

Very intelligent and hard working coworkers

Cons

So many cut backs, over stretching teams and employees. One person doing the job that two or three people should be doing, but not being paid any extra or awarded any recognition. Only the bottom line counts. It's like they're nickel and diming employees on everything.

Advice to Senior Management

Award your employees better. Stop promoting the same people over and over. There are plenty of people who deserve promotions for the hard work they do. The cloak and dagger style of promotions gives the impression of favoritism. Be honest and more open. So many senior people have already left and more will be leaving soon. Running the company to line your pockets at the expense of employees will only lead to your downfall.