Pegasystems Employee Benefits and Perks | Glassdoor

Employee Benefit Reviews

Showing 31–40 of 60 comments

Most Commented

  • Sep 28, 2016
    StarStarStarStarStar Current Senior Software Engineering Manager in Cambridge, Massachusetts

    Very competitive benefits package overall.

  • Oct 01, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Vision plan is super. The once a year (and optional) matching of 401k is ridiculous for a company over 30 years old.

  • Aug 24, 2016
    StarStarStarStarStar Current HR in Boston, Massachusetts

    Good options for health and dental. Less exciting 401k match of 3% (50 cents to each dollar up to 6%), and 3 weeks vacation to start. Overall the benefits are good, but could be more competitive compared to other tech companies looking to attract in demand talent.

  • Aug 12, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    50% match on 401k, financial incentives to meet wellness targets, HSA option, low copays and deductibles

  • Jul 22, 2016
    StarStarStarStarStar Current Senior Systems Architect in Cambridge, Massachusetts

    Great benefits package. Very competitive. Better than my last job.

  • Jul 28, 2016
    StarStarStarStarStar Former Principal Software Engineer in Cambridge, Massachusetts

    Big focus on wellness and other benefits that are scarcely utilized. Typical industry benes. They moved to Cigna as their provider and the paperwork that is generated is too much, hard to understand who paid what and when, and how much. Your copay is applied to lab work and everything across the board so it becomes tedious paperwork mess for basic blood work and xrays, etc.

  • Jun 29, 2016
    StarStarStarStarStar Former Employee in Cambridge, Massachusetts

    Best thing is that you set your own hours. The worst thing is that there is no leeway on getting the job done in time.

  • Jun 09, 2016
    StarStarStarStarStar Former Employee in Washington, District of Columbia

    Good medical insurance plans.

  • Jun 12, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Pega USUALLY matches 401K contributions at 50% up to 6% of salary. That level is fairly typical; however, the matching is DISCRETIONARY (i.e. the company decides after the year is past, if they can/wish to) and does not occur until March of the following year. You need to be employed to receive the match - in effect, you will lose matching for at least part of your last year of employment. You lose growth (time-value) of that money each year too. The employee stock purchase plan (ESPP) allows you to purchase company stock at a 5% discount off the ending value (not the lower of beginning and ending as in many tech cos). Since the stock is volatile and you cannot sell stock more than half the year, the 5% is not worth the risk. Many tech cos offer 15% off the lower of beginning and ending values.

  • Apr 25, 2016
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    average benefits package in line with industry, retirement plan contribution could be higher, but overall satisfied with coverage and flexibility options

Work at Pegasystems? Share Your Experiences

Pegasystems
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or