PennyMac Employee Benefits and Perks | Glassdoor

PennyMac Benefits

Location: US
2.7
StarStarStarStarStar
49 Ratings

Employee Benefit Reviews

Showing 1–10 of 49 comments

Most Commented

  • Nov 16, 2017
    StarStarStarStarStar Current Manager in Westlake Village, California

    Extremely good health insurance offerings. The company makes a very generous contribution to your HSA if you participate in the High Deductible Health Plan. There is also a very robust Wellness program that gives you access to a variety of perks and discounts.

  • Nov 29, 2018
    StarStarStarStarStar Former Employee in Westlake Village, California

    Pros: It has cafeteria to provide breakfast and lunch at the company site, but the employees have to pay each month. Cons: Only have 3 sick days at the first year, and then give you 6 sick days on your anniversary day for the whole year. Only two weeks PTO, and each one day off on certain holiday, e.g. Thanksgiving, Christmas, Labor day. etc.

  • Oct 24, 2018
    StarStarStarStarStar Current Customer Service Associate in Fort Worth, Texas

    The 401k is good. They allow you to contribute fairly soon after your hired.

  • Oct 18, 2018
    StarStarStarStarStar Current Customer Service Supervisor in Fort Worth, Texas

    They offer a great 401k and have Dental, Vison and PPO Medical insurance.

  • Jun 22, 2018
    StarStarStarStarStar Former Employee in Fort Worth, Texas

    Decent benefits including BCBS and 401K. HR could improve with their responsiveness to inquiries.

  • May 28, 2018
    StarStarStarStarStar Current Employee in Fort Worth, Texas

    The paid time off allotment is horrible. Two weeks vacation per year and 6 days sick time. Not competitive with the industry at all.

  • Apr 19, 2018
    StarStarStarStarStar Current Prefer in Los Angeles, California

    Health insurance is great if you are single, but if you have a spouse & or children it is VERY expensive. As of 2018 all plan have deductibles of $1,000 + (they no longer offer HMO option)

  • Mar 06, 2018
    StarStarStarStarStar Current Employee in Dallas, Texas

    Extremely expensive, high deductibles - not the best package you'll find. Very difficult to pay for with low salary and no raise or bonuses

  • Feb 09, 2018
    StarStarStarStarStar Current IT Infrastructure in Agoura Hills, California

    Offers medical but not affordable for the whole family. Would be nice to work on larger bonuses based on performance.

  • Nov 15, 2017
    StarStarStarStarStar Current Employee in Fort Worth, Texas

    Insurance starts 30 days after a full month of service.

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 (42)
  • CheckmarkDental Insurance (9)
  • 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 (42)
  • 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
  • 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

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