T. Rowe Price
T. Rowe Price 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
■ 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
This is the employer's chance to highlight the benefits that they offer to employees.
- High % reporting
- Medium % reporting
- Low % / No reports
- * Employer Verified
Insurance, Health & Wellness
- Health Insurance *
- Dental Insurance *
- Flexible Spending Account (FSA) *
- Vision Insurance *
- Health Savings Account (HSA)
- Life Insurance *
- Supplemental Life Insurance *
- Disability Insurance *
- Occupation Accident Insurance *
- Health Care On-Site
- Mental Health Care
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance *
Financial & Retirement
- Pension Plan
- 401K Plan *
- Retirement Plan
- Employee Stock Purchase Plan *
- Performance Bonus *
- Stock Options
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching *
Family & Parenting
- Maternity & Paternity Leave
- Work From Home
- Fertility Assistance
- Dependent Care
- Adoption Assistance
- Reduced or Flexible Hours
- Military Leave
- Family Medical Leave *
- Unpaid Extended Leave
Vacation & Time Off
- Vacation & Paid Time Off *
- Sick Days *
- Paid Holidays *
- Volunteer Time Off *
- Bereavement Leave *
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
- T. Rowe Price Jan 18, 2015
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.
- T. Rowe Price Dec 13, 2014
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
- T. Rowe Price Dec 5, 2014
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.
- T. Rowe Price Dec 3, 2014
Very good benefits overall especially the 401k.
- T. Rowe Price Nov 12, 2014
Great 401k and stock option plans. The healthcare benefits started off good but went down hill year after year and are now just average.
- T. Rowe Price Nov 9, 2014
Very generous on stock, 401k match and bonus.
- T. Rowe Price Nov 5, 2014
Wonderful 401K & health benefits
- T. Rowe Price Oct 18, 2014
Excellent 401K, good health and dental (they pay 80%), generous vacation. Stellar relocation program.
- T. Rowe Price Oct 8, 2014
Very generous 401k matching and flexible working hours
- T. Rowe Price Oct 2, 2014
I loved everything about the comp package. I did not like the busy season vacation time lottery. Sometimes no trips.