Koch Bros buyout in 2015 = high turnover - Auto Valuations Representative Solera Employee Review

2.0
4 Aug 2016
Recommend
CEO approval
Business outlook

Pros

Good hours - typical 9-5, 401k, enjoyed working with my co-workers, occasionally overtime was available. Prior to buyout they offered bus fare reimbursement.

Cons

With the recent ownership change, they eliminated many long term employees due to their higher pay scales. New temp employees were being brought in for $2 less an hour and had little or no knowledge within the industry. After new ownership - benefits for health insurance changed to extremely high deductible only plans and the elimination of flex play. Never received a raise after 9.5 years. Management turnover was high - every few months. Employee turnover high after change in ownership.

Explore other reviews about Solera

5.0
18 May 2026
Recommend
CEO approval
Business outlook

Pros

Great company to work for!

Cons

The pay could be better.

4.0
26 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Job security is a plus, I enjoy my job.

Cons

Things are always in a flux state. You never know what's going to happen next.

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