Vestmark reviews

3.8

74% would recommend to a friend

(132 total reviews)
avatar

Karl Roessner

72% approve of CEO

64% positive business outlook

Vestmark has an employee rating of 3.8 out of 5 stars, based on 132 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Vestmark employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.7 stars).

Reviews by job title

132 reviews
2.0
Jun 6, 2018

Culture of mediocrity

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Good product with a bright future -Friendly coworkers -Work-Life balance is great (but comes at a price) -Free snacks and drinks -Family-friendly -Great opportunity to learn database structure (SQL)

Cons

Keep in mind that the cons stated below is more related to my experience in the support department rather than the company as a whole. -Be prepared to be here for 2+ years before your first promotion regardless of merit. Also an annoyance, Vestmark, as a policy, does not promote employees in the middle of the year. You have to wait until review season. -(At least in my department) Pay does not seem to reflect merit but rather how long you have been at the company. Employees are underpaid in general compared to the industry market value for the skill sets they bring. -The managers are people who have been at the company longest rather than people who are qualified to manage. -I would NOT recommend working here if you for looking ambition career development. Young graduates beware. You will be told that you do not have enough experience countless times even if you bring great merit. As stated previously, Management seems to relate time working at Vestmark as a measurement of experience rather than experience through merit and hard work. -To supplement an underpaying salary, Vestmark will give you some kind of stock unit. However, the company has been saying that they would go IPO for years and still has yet to pull the trigger. -Incredible amount of overall tech debt. During interviews, I was told that joining the support team would be a great way to feed into other departments (aka: Career Development). However, I found this to be very far from the truth as the support department will do the opposite and try to keep you on the team for as long as possible.

2.0
Feb 25, 2017
Recommend
CEO approval
Business Outlook

Pros

They try to do some fun things to boost morale. Free snacks and soda.

Cons

The pay is not competitive and the benefits not as good as in other places. Being a couple years away from an IPO for 10 years is discouraging. I do not recommend Vestmark for software engineers since the technologies and coding practices are circa 2001, which has created a bloated codebase that is tedious to maintain. Unfortunately you won't learn anything useful, or work with newer technologies, because there is just too much invested in their aging tech infrastructure. You will spend a lot of time learning their many home brewed frameworks that are unfortunately not documented.

2.0
Jun 30, 2017
Recommend
CEO approval
Business Outlook

Pros

Snacks. People are nice. Cubes are decently sized.

Cons

Ancient technology stack and custom frameworks developed many years ago. Things you learn here will mostly not be applicable outside. Niche product that is probably going to go out of business due to high performing index ETFs and HFT. Leadership team is cushy and not motivated to exit - stock options are a poor investment. Salaries are below average. Benefits are expensive. Hiring friends and family into higher level positions is a common occurrence.

Viewing 1 - 3 of 132 Reviews

Glassdoor has 144 Vestmark reviews submitted anonymously by Vestmark employees. Read employee reviews and ratings on Glassdoor to decide if Vestmark is right for you.