Veda Advantage Reviews

Updated Apr 27, 2019

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Found 13 of over 13 reviews

2.7
46%
Recommend to a Friend
  1. 3.0
    Former Employee

    Planner

    Apr 27, 2019 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Not micro-managed Flexible hours within reason Enjoyable fast paced environment

    Cons

    Work a 42.5 week but paid for 38 Under paid for the role compare ti industry standard

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  2. 1.0
    Former Employee, more than 1 year

    Avoid! Avoid! Avoid!

    Oct 26, 2016 - Sales 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    I met a coupe of good people here who have became long-term friends.

    Cons

    If I could give it a negative star I would, out of my 20 years working in the corporate world this is the most insidious, negative, unsupportive, unethical, and toxic work place I have worked. There are always some pros and cons in most offices, but Veda takes the award hands down in my opinion as the worst place to work and I thought I had seen it all..... - Terrible management with bullying behaviour that takes people to hell and back - Top award for the worst HR Department - no discretion, confidentiality and trust - AVOID - Serious HR complaints ignored, swept under the carpet and employees pacified with the threat of their big lawyers - Management are deceitful - promises never delivered to lure talent or dangle the carrot whilst working there but they never deliver on which results in many people leaving - No team spirit - every man for himself making it disjointed and difficult to work with so many egos and people fighting - No talent management - no investment in good staff thus a high turnover in staff resulting in your own work load increasing - No accountability, ethics, values or morals that they preach in management - FAKE - Inefficient systems and processes - frustrating and way too much time spent with manual work around's that are embarrassing if you are client facing - Terrible office morale - Too many incompetent people in management who no nothing and are not vetted or screened correctly impacting other people's workloads - who were vetted and spent time doing tests to get in - go figure.

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    4 people found this review helpful
  3. 3.0
    Current Employee, more than 1 year

    analyst

    Jun 27, 2016 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Colleagues are awesome to work with, become friends after years

    Cons

    horrible managers, not value internal staff, low pay

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    1 person found this review helpful
  4. 4.0
    Current Employee, more than 1 year

    Business Analyst

    Jun 18, 2016 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great people, plenty of room for professional growth. Fast paced, interesting work.

    Cons

    Could do better in their planning front. This should change now they are part of the large global corporate Equifax.

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    3 people found this review helpful
  5. 1.0
    Former Employee

    Veda NZ

    Jul 20, 2016 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The nature of the work is inriguing, Felt great working on credit files and processing credit checks.

    Cons

    Horrible managers. No scope of growth and development. Managers are racists. Too much of work load. Many staff were made redundant in the New Zealand office in 2013 and the remaining staff had to slog, taking on the work load without any perks in salary. Overtime was pretty much the norm every week. Team performance was not measured regularly and certain members of the team were favoured over others. Horrible experience overall.

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    1 person found this review helpful
  6. 5.0
    Current Employee, more than 3 years

    A great company to work for for someone interested in financial services to further their career

    Apr 14, 2016 - Account Manager Sales in Sydney
    Recommend
    CEO Approval
    Business Outlook

    Pros

    -Sales incentives are above market by far -flexible working conditions -great products who blow their competition out of the water by far - cafe onsite , offering highly discounted coffee/food for staff! - great friends to be made here with staff

    Cons

    - Hard to get promoted, talent nearly always hired externally , causing existing staff to exit the business -Hard to get a remuneration review here, even though the business is performing very well

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    2 people found this review helpful
  7. 1.0
    Former Employee, more than 3 years

    Operations

    Apr 10, 2016 - Operations in North Sydney
    Recommend
    CEO Approval
    Business Outlook

    Pros

    the only pro I can think of are your colleagues become family and make your job so much more bearable and they are the reason why so many people stay.

    Cons

    I worked for Veda for 2.5years in operations. Everything else about Veda is a con apart from the people you meet and work with, poor management, horrible salary, promotions and value of staff is overlooked, complaints are ignored, over worked, expect way too much, no staff consideration and/or appreciation, implement systems that don't work, huge! back log due to system inefficiency to complete the desired job, staff are then over worked and placed on unrealistic targets/stats and not appreciated for all the extra work that is required. Need I say more!?

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    3 people found this review helpful
  8. 1.0
    Current Employee

    don't work here if you get the option

    Mar 8, 2016 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The people you work with.

    Cons

    Management, the extremely poor salary, the expectation to do 3 jobs for one salary, women get paid less than men, internal staff overlooked for hiring although developed to do so. Preferential treatment given to 'friends'. now value on the customer only on revenue

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    5 people found this review helpful
  9. 4.0
    Former Employee

    Online engineer

    Jan 17, 2016 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Nice office, location was bit far, but good if you live in the northern suburbs. Very motivated people, friendly colleagues. Good if you are in certain groups like marketing, IT departments.

    Cons

    Lot of politics, can get hierarchical and all thinks of position and promotions. Don't really look after staff too well. Can get very stressful at times

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  10. 1.0
    Former Contractor, less than 1 year

    RUN!!

    Dec 20, 2015 - Anonymous Contractor 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    None (I'm not a troll, I sincerely cannot think of one pro). I met some lovely people, but that's really about it.

    Cons

    - Greedy CEO and senior management. They run their employees into the ground to the point of exhaustion without offering hardly any incentives or even gratitude. - Staff turnover is EXTREMELY high which results in slow productivity despite being a very fast paced and demanding environment. - No respect for admin. Treat them like dirt despite them being under staffed. - Terrible culture. Bad behaviour even sometimes seems to be rewarded.

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    3 people found this review helpful
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