Oct 19, 2021
Pebl Response
4yOuch! That hurts.
As your colleague, it saddens us to know you feel this way. Please help us make our company better by making your complaints known to our Business Partners.
They will help you find balance, and they will also be able to give you a better appreciation for how we are managing our budgets for the long term.
For those reading the is post we should probably share a few insight about Velocity Global.
It is true Velocity Global doesn't pay above market salaries. We do this largely because we are committed to giving back to our employees and our communities in other ways.
Example:
Every October we have our annual company get-together. Every employee (and their plus one) is invited to fly out to the U.S. corporate office and spend the week with their peers. This happened last week and it was epic. Our international employees were also flown to Amsterdam. Everyone was put up for a week in very nice hotels in great locations. Everyone was given a per diem for travel and meals they could use at their own discretion, no questions asked.
Our executive team and most employees, in essence the entire company, know and understand we are a fiscally responsible company. As owner-employees, it is our duty to pay attention to how we are spending the money in our departments. This means, we stick to our budgets and we try to avoid keeping up with the Joneses. By being fiscally responsible, we give up less equity to investors, which makes the employees' ownership in the company a large share of the pie -- more valuable for the employees. This means additional wealth for our employees is created through equity, which complements their salaries.
Lastly, work life balance is critical and very important here at Velocity Global, so much so, we have an unlimited PTO policy. Every employee can take as much time as they need, when needed. That being said, there are times when everyone has to put in more time and effort to get things done because we are client-focused company with the desire to ensure our clients' success. As owner-employees, we know the more effort we put into each other and our work, the more we will get out of such efforts through our achievements, enjoyment and our shared ownership.
Global Talent Acquisition Team