BBVA Compass Employee Benefits and Perks | Glassdoor

BBVA Compass Benefits

Location: US
132 Ratings

Employer Summary

Employer Benefits Image

Health & Wellness: We offer a comprehensive suite of benefits to help our team members protect what matters most. We offer two medical plan options—a traditional PPO and high-deductible health plan.

To help employees cover their health and welfare expenses, the Company funds up to $1,000 annually into a team member’s Health Savings Account or Health Reimbursement Account as they complete approved wellness activities. Team members can also elect to contribute pre-tax dollars into a Flexible Spending Account and/or Dependent Care Flexible Spending Account.

We also offer dental and vision insurance, plus a number of other voluntary benefits such as Identity Theft Protection, Pet Insurance, and Long-term Care Insurance, to name just a few. Additionally, we provide all full- and part-time team members with basic life insurance and accidental death & dismemberment insurance.

Our “Wellthy For Life” program is a comprehensive, award-winning wellness program that offers employees free access to physical, financial, social, and emotional wellness resources designed to motivate and support them no matter where they are on their wellness journey.

401(k) Plan & Matching: All full- and part-time team members are eligible to participate in our 401(k) program immediately upon hire. Following a year of service, we will match dollar-for-dollar the first 3% of your contributions, plus 50% of each dollar on contributions from 4%-5% (for a total match of 4% when a team member elects a 5% contribution). The Company also contributes an additional 2%-4% of your base salary depending on your years of service.

Vacation & Sick Leave: Team members can receive up to four weeks of paid vacation time, depending on pay grade and years of service. Full-time team members are also provided 12 days of sick leave annually, and part-time team members receive a prorated amount based on the number of hours they work. We also provide paid time off for 12 federal holidays annually.

Employee Benefit Reviews

Showing 1–10 of 136 comments

Most Commented

  • Mar 11, 2019
    StarStarStarStarStar Current Executive Director in Houston, Texas

    Health benefits are above average. Low deductible and high deductible plan offered. For anyone enrolled in the high deductible plan you can contribute to an HSA. BBVA kicks in up to $1k for completing certain tasks (e.g. enrolling in 401k, maintaining or improving personal health metrics, taking so many steps a month). 401k matching equates (between profit sharing and matching) 6% for years 1-3, after 4 years 7% and 8% after 8 years of service.

  • Feb 28, 2019
    StarStarStarStarStar Former Employee in San Antonio, Texas

    Great benefits - Med, Dental, really good vision- 401K is a mystery.

  • Mar 13, 2019
    StarStarStarStarStar Former Data Security Analyst in Birmingham, Alabama

    Several options for Medical. Included FSA, HSA, Life, 401k matching and stock options. Dental and vision options seemed limited. Online training was provided for first few years then dropped the benefit. No choice of charity with mandatory contributions.

  • Mar 01, 2019
    StarStarStarStarStar Current Employee in Birmingham, Alabama

    Benefits are ok and pretty standard

  • Feb 05, 2019
    StarStarStarStarStar Former Analyst in Birmingham, Alabama

    Awesome benefits package. There are two options to select from HPD or LDP. The company also has a 401K matching program that is competitive. The company also provide various ways for their employees to earn cash in their HSA accounts - which is always beneficial.

  • Jan 28, 2019
    StarStarStarStarStar Former Employee in Belton, Texas

    Great 401k match opportunities available

  • Feb 05, 2019
    StarStarStarStarStar Former Employee in Birmingham, Alabama

    Vacation was 4 weeks with 12 sick days,medical insurance coverage was not great

  • Oct 30, 2018
    StarStarStarStarStar Current Lead IT Project Manager in Birmingham, Alabama

    The overall benefits package is compatible or better than most of the employers in the area.

  • Sep 14, 2018
    StarStarStarStarStar Current Senior Financial Sales Advisor in Pearland, Texas

    Benefits are amazing. Better coverage and less monthly premium compared to previous employer

  • Sep 13, 2018
    StarStarStarStarStar Former Employee in Houston, Texas

    Had a great program where they assisted pay college tuition. remaining benefits were so so.

Benefits Summary

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

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