T. Rowe Price

Employer Engaged

T. Rowe Price Benefits

4.3 out of 5 (14 comments)
Most talked about benefits
  • 401K Plan

    "the variable bonus that gets paid in addition to reg bonus and raise" (3 comments)

The benefits of a T. Rowe Price career are numerous

An appropriate work/life balance, comprehensive benefit plans, financial rewards and incentives, and other perks contribute to a "best place to work" environment.

Compensation: Compensation goes beyond salary to reward performance, including:

■ Merit increases

■ Bonuses

■ Recognition programs

Savings program: Associates can participate in an employee stock purchase program, with the company offering a matching contribution.

Health care coverage:  Health care coverage is comprehensive, including the following:

■ Medical/prescription plans

■ Dental/vision plan

■ Short-term disability

■ Long-term disability

■ Retiree coverage

Health and wellness programs:  Beyond basic benefits, associates can choose to take advantage of additional programs.

■ Care 24: Employee assistance program and nurse hotline

■ Lasik vision correction surgery discount

■ Exercise and fitness club reimbursement

Retirement programs: U.S. associates are eligible to participate, with T. Rowe Price making a variable contribution to the retirement fund each year, at the discretion of the company.

■ 401(k) before-tax and company matching contributions

■ Variable company contributions

■ Fixed company contributions

Life insurance benefits: Several types of insurance policies are available to our associates as part of their benefits package.

■ Business Travel Accident Insurance Plan (paid for by the company)

■ Basic Life Insurance Plan

■ Accidental Death & Dismemberment (AD&D) Plan

■ Supplemental Life Insurance Plan

■ Dependent Life Insurance Plan

Disability benefits: Sometimes a serious illness or injury causes an associate to be absent from work for an extended period of time. At T. Rowe Price, you are covered by:

■ Short-term disability

■ Long-term disability

Flexible spending accounts: Save money by setting aside pretax dollars for predictable health and childcare expenses.

■ Health care spending account

■ Dependent care spending account

Provided by employer [?]

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

  • Employee Discount *
  • Free Lunch or Snacks
  • Employee Assistance Program *
  • Gym Membership *
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events *
  • Travel Concierge *
  • Legal Assistance

Professional Support

Employee Comments

  • Jan 18, 2015
    Current Employee in Tampa, Florida

    TRP even has paid leave for fathers - 4 weeks paid leave after the wife has a kid. They will contribute 6.5% to your 401k + another 5 - 6% bonus each year. 401K is fully vested after 5 years.

  • Dec 13, 2014
    Former Employee in Owings Mills, Maryland

    there is no accruing for PTO. you get your year's worth of PTO loaded on day 1 following your 90 day new hire probationary period. you even get at least 8 hrs of paid sick during your 90 day probation.

    another perk is the hefty variable bonus you get paid into your 401k. this is in addition to your reg bonus and annual comp review

  • Dec 5, 2014
    Current Employee in Owings, Maryland

    A couple years ago they switched their (best offered) medical coverage to a new provider (United Health Care to Aetna) and it moved point-of-service costs from a tiered $10/$20/$35 co-pay structure to a 10 or 20 percent co-insurance structure. With an $400 per person deductible before the insurance even kicks in. Needless to say, I now defer all I can into Medical Flex Spending to cover that gap, which takes the hurt off the company's pocket and onto mine. In terms of time off, the company is EXCELLENT. I have never had a problem in that department. My 401k investments are also awesome with a 6% salary deposit into your 401k annually (year-end) plus they've got a great matching program. 75% on tuition reimbursement for approved courses. $300 annual reimbursement for gym memberships, etc.

  • Dec 3, 2014
    Current Employee in Owings Mills, Maryland

    Very good benefits overall especially the 401k.

  • Nov 12, 2014
    Former Employee in Owings Mills, Maryland

    Great 401k and stock option plans. The healthcare benefits started off good but went down hill year after year and are now just average.

  • Nov 9, 2014
    Former Retirement Specialist in Tampa, Florida

    Very generous on stock, 401k match and bonus.

  • Nov 5, 2014
    Former Sales Representative in Tampa, Florida

    Wonderful 401K & health benefits

  • Oct 18, 2014
    Current technology Integrator in Owings Mills, Maryland

    Excellent 401K, good health and dental (they pay 80%), generous vacation. Stellar relocation program.

  • Oct 8, 2014
    Current Employee in Baltimore, Maryland

    Very generous 401k matching and flexible working hours

  • Oct 2, 2014
    Former Employee in Tampa, Florida

    I loved everything about the comp package. I did not like the busy season vacation time lottery. Sometimes no trips.

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