Atlantic Bay Mortgage Group Employee Benefits and Perks | Glassdoor

Atlantic Bay Mortgage Group Benefits

Location: US
3.4
StarStarStarStarStar
16 Ratings

Employee Benefit Reviews

Showing 1–10 of 16 comments

Most Commented

  • Aug 01, 2018
    StarStarStarStarStar Former Employee in Virginia Beach, Virginia

    The health insurance was very affordable and the company contributed to my Health Savings Account monthly. My monthly premiums were reasonable and my prescriptions were covered with little or no co-pay. My deductible is high, but I chose that. The dental insurance is awesome. Free cleanings and x-rays. Low-cost each month. Low co-pays on services. The vision plan is also affordable, but if you have health issues or bad eyesight, the vision plan won't cover some exams and requires you to use your medical insurance instead. That means if you have a high deductible, you end up paying out of pocket 100% for your exams. The time off policy and remote work policy could use some tweaking. There is no sick time. Each employee gets PTO time and if you get sick, you can kiss your PTO time good bye. If the roads are bad and you can't make it to work, bye bye PTO time. If your co-worker gets sick and comes to work and gets you sick, yes, there goes more of your PTO. The company allows some to work remotely but not all, and in reality, there are very few positions within the company that can't be done remotely. You are asked to take a laptop home when there is bad weather to keep working (even if the company closes) but you aren't allowed to take a laptop home if you need to be home all day for something like -- cable installation. BUT, some people are allowed to work at home if they have sick kids, but not if they are sick themselves. It's just inconsistent.

  • Oct 22, 2018
    StarStarStarStarStar Former Employee in Virginia Beach, Virginia

    I'd say it's a pretty ok benefits package. What you can normally expect from a mid-large sized company. Match some 401k, monthly bonuses are nice for some, and they've got snacks and drinks for free every day. The PTO is not great and there aren't any sick days seprate from it, so if you have kids or are sick often enough in a year, you'll probably burn through your PTO with that alone, and then you won't really have any left for a vacation of any time unless you've been with the company for a decent amount of time (spoiler: not many people make it a "decent amount of time" in this company) I've had worse benefits for sure, and honestly, the benefits that they do offer is the one redeeming quality about this place.

  • Sep 29, 2017
    StarStarStarStarStar Current Employee in Tampa, Florida

    Full benefits available including health insurance, life insurance, disability and 401K. Insurance costs are favorable for an employee with no dependents on the policy. No company matching contributions for the 401K.

  • Sep 27, 2017
    StarStarStarStarStar Current Employee in Virginia Beach, Virginia

    Meets area standards. Good coverage, expensive due to being high deductible plan. Vending cards are a plus. You will never run out of T-Shirts to wear.

  • May 12, 2017
    StarStarStarStarStar Former Senior Loan Officer in Virginia Beach, Virginia

    They have a great benefits package. I only wish they would add legal insurance.

  • Feb 05, 2017
    StarStarStarStarStar Former Web Developer in Virginia Beach, Virginia

    Vacation accrues slowly with just two weeks vacation to start, however I was able to negotiate for 20 days of vacation before hire.

  • Sep 09, 2016
    StarStarStarStarStar Current Employee in Virginia Beach, Virginia

    Health Benefits are expensive and they do contribute towards your health savings account but if you have to take medication then it comes out of pocket.

  • Jul 28, 2016
    StarStarStarStarStar Former Employee in Virginia Beach, Virginia

    401 (K) is pretty good and the dental insurance is too bad either.

  • Jul 12, 2016
    StarStarStarStarStar Former Employee in Virginia Beach, Virginia

    Benefits are about average for a company this size.

  • Mar 08, 2016
    StarStarStarStarStar Current Employee in Virginia Beach, Virginia

    They try do some fun things like free lunches/breakfast, they have free snack machines which is by far one of the best things they do as well as employee appreciation month. Those are the things that really make Atlantic Bay stand out and make other frustrations temporarily forgettable. They really fail when it comes to PTO, especially with the way its acquired and can't roll over. You're forced to not be able to take vacations in the beginning of the year out of fear of not having needed PTO for sick days. They should let let at least 1 year of PTO fully roll over. The lack of paid maternal/paternal leave is disheartening. Would of liked to have seen more options to work from home and the flexibility to make up time. Would be great to see a company not worried about "hours worked" versus "projects and tasks finished". The health benefits aren't great, though the HSA plan isn't bad - I feel like the plans get worse as time went on.

    Atlantic Bay Mortgage Group Response

    Thanks for taking the time to leave your review. We hear you loud and clear on your concerns, and thankfully, we have some good news for you. You actually can take up to 1 week of your PTO before it... More

Benefits Summary


List based on reports from current and former employees. It may not be complete.

Legend:
Checkmark Employer Verified  No Data

Insurance, Health & Wellness

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (15)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • CheckmarkWork From Home (6)
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

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

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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