Veritiv Corporation
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Veritiv Corporation Compensation & Benefits
This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.
How are the compensation & benefits at Veritiv Corporation?
Strengths in retirement support, incentive programs, and healthcare coverage are accompanied by challenges around compensation competitiveness, growth, and consistency across roles. Together, these dynamics suggest a benefits-forward package with uneven pay satisfaction and variable real-world value depending on role and location.
Positive Themes About Veritiv Corporation
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Retirement Support: Retirement offerings include a 401(k) match with immediate vesting and company profit-sharing that enhance long-term savings. Defined benefit/contribution pension options are also referenced, strengthening the retirement package.
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Strong & Reliable Incentives: Profit-sharing for all employees and pay-for-performance programs provide additional earning potential tied to achieving goals. These incentives appear prominently alongside base pay and core benefits.
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Healthcare Strength: Medical, dental, and vision coverage is comprehensive, complemented by life and disability protections. Recent investments kept employee health premiums the same or lower, improving overall value.
Considerations About Veritiv Corporation
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Unfair & Opaque Compensation: Pay is described as a bit short compared to similar jobs and not always commensurate with the amount of work in some roles. Management is characterized as cheap in salary requirements.
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Stagnant Pay & Limited Progression: Compensation competitiveness is described as slipping in areas, with small raises and changes to overtime or premium pay impacting outcomes. These dynamics dampen day-to-day pay satisfaction for certain roles.
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Exclusive or Unequal Benefits Coverage: Benefit availability and plan specifics differ by location and role, with separate arrangements for union positions. This variability leads to uneven access and value across teams and sites.
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