Veritiv, a recognized Most Loved Workplace®, prioritizes comprehensive employee well-being through robust benefits, including health, financial, and development programs. The company fosters a culture of inclusivity, respect, and growth, aiming to provide a supportive environment for all employees. It emphasizes career development, offering various learning opportunities and internal mobility paths, reflecting a strong commitment to its workforce. Veritiv's approach is designed to support both professional advancement and personal work-life balance for its diverse team.

What is it actually like to work at Veritiv?

Working at Veritiv is characterized by a strong emphasis on employee well-being, professional growth, and a supportive culture. As a Most Loved Workplace®, Veritiv is committed to providing an environment where employees feel valued and have opportunities to thrive. The company offers a comprehensive array of benefits and programs designed to support various aspects of an employee's life, from health and financial stability to personal and professional development. This commitment is evidenced by its focus on creating an inclusive and diverse workplace where different perspectives are welcomed and respected. Veritiv underscores its dedication to fostering a workplace that promotes work-life balance and career advancement through continuous learning and development initiatives. Veritiv Careers also highlights its commitment to a culture of collaboration and mutual respect.

How does Veritiv pay compare?

Veritiv offers competitive compensation packages designed to attract and retain top talent. While specific salary figures vary by role, location, and experience, the company strives to provide pay that is in line with industry standards. Compensation considerations at Veritiv encompass base salary, and for eligible roles, performance-based incentives and bonuses. These structures are designed to reward individual and team contributions to the company's success. The company provides a robust total rewards package, which includes not only salary but also comprehensive benefits that contribute to employees' overall financial well-being. Veritiv Benefits underscores the value of these total compensation packages.

What benefits and time-off does Veritiv offer?

Veritiv provides a comprehensive suite of benefits and perks tailored to support the diverse needs of its employees, encompassing health, financial, and work-life balance. These offerings are designed to reinforce the company's commitment to employee well-being and satisfaction. Veritiv Benefits Guide details these extensively:

Health & Wellness Benefits:

Medical, Dental, and Vision Coverage: Employees have access to various plans to support their health needs and those of their families.
Prescription Drug Coverage: Included with medical plans.
Flexible Spending Accounts (FSAs) & Health Savings Accounts (HSAs): Allow employees to set aside pre-tax money for healthcare expenses.
Employee Assistance Program (EAP): Offers confidential counseling and resources for personal and work-related issues.
Well-being Programs: Initiatives focused on encouraging healthy lifestyles.

Financial & Retirement Benefits:

401(k) Retirement Plan: Features competitive company matching contributions to help employees save for retirement.
Life and Accidental Death & Dismemberment (AD&D) Insurance: Company-provided coverage, with options for additional employee-paid coverage.
Short-Term and Long-Term Disability Insurance: Provides income protection in case of illness or injury.
Financial Planning Resources: Access to tools and advice for financial management.

Work-Life Balance & Time Off:

Paid Time Off (PTO): A flexible system that combines vacation, sick days, and personal days allowing employees to manage their time off effectively.
Paid Holidays: A schedule of observed company holidays.
Parental Leave: Supports new parents during a significant life event.
Bereavement Leave: Provides time off to mourn the loss of a loved one.
Jury Duty Leave: Supports civic responsibilities.
Employee Discount Programs: Offers discounts on various products and services.
Tuition Reimbursement: Supports continuing education and professional development.

These benefits are continuously reviewed and updated to ensure they remain competitive and relevant to employee needs. Veritiv Investor Relations financial reports mention investment in human capital.

Culture, leadership, and DEI at Veritiv

Veritiv fosters a culture grounded in inclusivity, respect, and collaboration, driven by its leadership's commitment to employee well-being and diversity. The company believes that a diverse workforce — encompassing varied backgrounds, perspectives, and experiences — is crucial for innovation and growth. Veritiv's Diversity, Equity & Inclusion (DEI) initiatives are central to its operational philosophy. These initiatives focus on creating an equitable workplace where all employees feel a sense of belonging and have equal opportunities to succeed. Leadership, including Stephen E. Golladay, is committed to upholding these values, promoting open communication, and fostering an environment where employees are encouraged to share their insights and contribute to continuous improvement. Regularly, Veritiv emphasizes its commitment to listening to employees and acting on feedback, reinforcing its status as a Most Loved Workplace®. Glassdoor reviews often highlight the company's supportive culture and management.

The hiring and interview process at Veritiv

Veritiv's hiring process is designed to be thorough yet efficient, ensuring the company identifies candidates who not only possess the necessary skills but also align with its culture and values. The process typically involves several stages, which may include:

Online Application: Candidates submit their resumes and cover letters through the Veritiv careers portal. Veritiv Careers is the primary portal for applications.
Initial Screening: Recruiters review applications to assess qualifications and experience. This may be followed by a brief phone screening or video interview.
Interviews: Depending on the role, candidates may undergo one or more rounds of interviews. These can range from behavioral questions designed to assess soft skills and cultural fit, to technical questions testing specific job-related knowledge.
Assessments: For certain positions, candidates might be asked to complete skill-based assessments or presentations.
Reference Checks: Veritiv typically conducts reference checks to verify previous employment and performance.
Offer: Successful candidates receive a formal job offer.

The company aims to provide a positive candidate experience, with clear communication at each stage. Veritiv leadership emphasizes fair and objective evaluation. Indeed interview insights confirm a multi-stage process focusing on skills and fit.

Career growth and learning at Veritiv

Veritiv is dedicated to the professional development and continuous learning of its employees, understanding that investing in its workforce is key to sustained success. The company offers a variety of programs and resources designed to support career growth at all levels. Veritiv's commitment to professional development is highlighted across its career materials. Key elements include:

Learning & Development Programs: Access to online courses, workshops, and training sessions covering a wide range of topics, from leadership skills to technical proficiencies.
Tuition Reimbursement: Financial support for employees pursuing higher education or professional certifications relevant to their roles.
Mentorship Programs: Opportunities to connect with experienced colleagues for guidance, career advice, and skill development.
Internal Mobility: Veritiv encourages employees to explore different roles and departments within the company, providing pathways for advancement and new challenges.
Performance Management: Regular performance reviews and goal-setting processes help employees identify areas for growth and track their progress.

By fostering a culture of continuous learning, Veritiv empowers its employees to expand their capabilities, take on new responsibilities, and build fulfilling long-term careers within the organization. LinkedIn posts often feature employee success stories and learning initiatives.

Risks, criticisms, and what to watch

While Veritiv is recognized as a Most Loved Workplace®, it is important for prospective employees to consider potential challenges and areas for improvement, like any large corporation. Publicly available reviews sometimes mention common issues such as managing workload, the pace of change in a distribution business, or navigating corporate structures, typical for companies of its scale and industry. Glassdoor and Indeed reviews, while generally positive, occasionally reflect concerns about specific departmental pressures or the integration of new technologies. Potential employees should research specific departments or roles that interest them, paying attention to recent news or financial reports from Veritiv Investor Relations to understand the company's strategic direction and market position. Staying informed about industry trends in distribution and packaging can also provide context for the company's operational environment and potential challenges.

Most Loved Workplaces® context: Veritiv is one of 1,800 certified companies worldwide that comprise Best Practice Institute's Most Loved Workplaces®. These organizations collectively employ 2.8 million employees. The Most Loved Workplaces® model, based on the proprietary SPARK framework (Systemic Collaboration, Positive Vision of the Future, Alignment of Values, Respect, Kindness), demonstrates tangible business impacts: 4× higher revenue growth versus industry peers and 48% higher employee retention. Notably, 92% of employees at Most Loved Workplaces® apply for roles when openings arise.

How we researched this report: Prepared by Best Practice Institute Editorial Staff for The Workplace Report. Methodology: /methodology.