Charles Stark Draper Laboratory Benefits

Employee Benefit Reviews

Showing 21–30 of 41 comments

Most Commented

  • Maternity & Paternity Leave(11 comments)

    The best thing about the healthcare plan is the level of coverage.

  • Health Insurance(10 comments)

    Draper recently switched to Blue Cross Blue Shield HMO (2 years ago). BCBS is much more restrictive on what prescription meds they will cover. Previously they had Harvard Pilgrim which I believe was better (covered more) just based on my own personal experience ( i have no major data).

  • 401K Plan(7 comments)

    Their matching contributions are the best around. One of the legacy traditions from their MIT roots I believe.

Jan 29, 2017
Current Senior Member of Technical Staff in Cambridge, Massachusetts

Matching 401k and 4wks vacation after 10 years of service

Jan 24, 2017
Former Employee in Cambridge, Massachusetts

Excellent 401K! Good options for Healthcare. Maternity leave.

Jan 7, 2017
Former Employee in Cambridge, Massachusetts

Draper Laboratory has an excellent benefits package, including 401k, health care, dental, EAP, and life insurance. I cannot think of anything negative.

Oct 13, 2016
Former Business Unit Leader in Cambridge, Massachusetts

403b (401k) match is fantastic

Jun 8, 2017
Former Employee in Cambridge, Massachusetts

Employees 5% contribution to their 401K plan is matched by 10% from Draper.

Jun 8, 2017
Former PMTS in Cambridge, Massachusetts

Retirement (every $1 employee puts in, employer puts in $2). Liked medical plan.

Jul 21, 2016
Former Employee in Cambridge, Massachusetts

The benefits package is very supportive and accomodating to unique situations.

Jul 25, 2016
Former Employee in Cambridge, Massachusetts

Core benefits are very strong. A wide array of ancillary and voluntary benefits are offered.

May 25, 2016
Current Senior Member of Technical Staff in Cambridge, Massachusetts

There are two retirement savings programs, and employees can participate in both. One is a company-matching 401k-type of program. If the employee puts in 5%, Draper puts in another 10%! I think the employee can contribute more, but Draper won't contribute more than 10%. The second program is where the employee can contribute up to $18K per year pre-tax; if you're over 50, you can contribute up to $23K per year. Another really nice benefit is that you can work part time indefinitely, as little as 24 hrs/week with full health insurance benefits, pro-rated vacation.

May 8, 2016
Current Employee in Tampa, Florida

Awesome 403(b) matching, vacation, and sick time for salaried employees.

Viewing 21-30 of 41

Benefits Summary

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

Legend:Employer VerifiedNo Data

Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance (10)
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

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Charles Stark Draper Laboratory

Charles Stark Draper Laboratory

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