Parata Systems Employee Benefits and Perks | Glassdoor

Parata Systems Benefits

Location: US
3.4
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12 Ratings

Employee Benefit Reviews

Showing 1–10 of 12 comments

Most Commented

  • 401K Plan  (3 comments)

    “Parata uses a trusted investment firm to help you plan retirement.”

  • Health Insurance  (3 comments)

    “Costs are higher than average and even higher if you don't participate in the annual health assessment. The deductible is very high.”

  • Dec 12, 2017
    StarStarStarStarStar Current Employee in Durham, North Carolina

    Health insurance, 401K, On-site care clinic, flexible schedule, adoption assistance, on-site gym and locker rooms.

  • Apr 08, 2017
    StarStarStarStarStar Current Field Support Engineer in Kansas City, Missouri

    Pros: 18 days paid vacation + 9 holidays to start. Company car. Cellphone, iPad, laptop and internet provided. Cons: Health insurance is higher than average and the cost is higher if you don't participate in the annual health assessment. 401k contributions are only given if the company is profitable.

  • Jan 27, 2016
    StarStarStarStarStar Current Employee in Durham, North Carolina

    Affordable, comprehensive benefits plans. Generous time-off policy! Wish the 401(k) match was guaranteed. But I understand why it isn't.

  • Feb 03, 2016
    StarStarStarStarStar Current Employee in Durham, North Carolina

    The company offers a pretty decent package for a company of this size. You get paid vacation, 401 K, you get also health insurance, I would say you pay about 30% of cost in some case which is not bad.

  • Dec 23, 2015
    StarStarStarStarStar Current Employee in Durham, North Carolina

    Benefits are good, health, 401K, short and long term disability

  • Nov 05, 2015
    StarStarStarStarStar Current Employee in Durham, North Carolina

    The best thing is that they do have 401k. The worst is that the matching is slim to nothing. I'm not sure if it is good or bad that this is a private company as well. Stock options in the company would be nice to have, especially since there is already a board of investors that are getting kick backs. In my opinion, if it was a public company, at least I could be an investor at that point and hopefully gain from company successes. I can't knock the board though because without them Parata wouldn't even be here.

  • May 05, 2015
    StarStarStarStarStar Current Employee in Durham, North Carolina

    Conditional matching for 401K is tough sometimes. Wellness plan is nice although can feel intrusive at times.

  • Mar 04, 2015
    StarStarStarStarStar Former Employee in Durham, North Carolina

    The benefits Cost too much

  • Dec 15, 2014
    StarStarStarStarStar Current Employee in Durham, North Carolina

    The best thing about the benefits at Parata is that they offer a great amount of PTO (18 days to start out, plus 10 holidays!) The only negative is that the healthcare is a little on the expensive side, and Cigna is kind of a pain to deal with. However, they allow you cheaper rates if you meet certain health requirements and they offer you the ability to win gift cards throughout the year for completing health challenges. I love that they place a high premium on a healthy workplace.

  • Dec 06, 2014
    StarStarStarStarStar Current Sales in Durham, North Carolina

    Worst part is Target care.

Benefits Summary


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

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Insurance, Health & Wellness

  • CheckmarkHealth Insurance (11)
  • CheckmarkDental Insurance (5)
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (11)
  • 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
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • Employee Discount
  • CheckmarkFree Lunch or Snacks (3)
  • 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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