15 days PTO, Great benefits & insurance
The benefits are ok. There is very poor communication though and my benefits took months to get set up.
The 401k match is not very high. The health insurance coverage has increased to 75% and the options are pretty good.
PTO is accrued at a decent clip, but medical and 401k are both not the strongest plans imaginable. Overall poor benefits package.
It's completely a disaster. Very confusing!
If you leave the company after working less than a year than everything they had matched in your 401k will be removed. There are no paid sick days
Best is to have coverage of any kind. Worst...the company is not generous with its application of resources to care for their employees.
The good: -Vacation (PTO) and sick days are combined, giving you the flexibility to use them for either purpose. -Professional development opportunities exist for those who are ambitious and have a positive attitude. Some opportunities are offered to the wider group, but those who have specific job-related interests and can make a proposal for training often get a positive response. Honestly, a positive attitude goes a long way here. -You have a flexible schedule. While you are expected to work a full 8 hours per day and those who are committed regularly work more than that, most managers are open to letting you choose when you want to take a break, have lunch, or to work from home due to weather issues (this is Boston) or a travel week or if you need to go to a medical appointment. If you do good work, you are trusted and they will let you make time up as needed. -The health insurance is good enough for a younger employee in good health. -There is quite a bit of free food. Each team has a $20/person per month allowance to buy food, and on top of that there are frequent celebrations with catered food. I would recommend we stop getting so much food that is all sugar, though. You don't feel good after eating so much cake. In the middle: -15 days of combined PTO and sick days for entry level is OK. It does apparently rise to 20 days at the 5 year mark, which is better. Since it equals (3) weeks, I do find that I have enough days to take time off when I need to. While it is best to have PTO and sick days combined for flexibility, I have to say that having a few more days would really help because 15 starts to look slim if you ever need to go to the doctor. This is somewhat balanced by the flexible schedule, but overall I think 18-20 days would be more fair given the combination of sick days and PTO. -The 401k plan has above average fees for many funds, but does offer a number of index fund options with fees in the .7% range. It would be great to have lower fees. -Performance bonus: the good news is that it is offered and paid out. The bad news is that, for most people, it is unclear how the percentage of bonus was determined with the exception of the sales team. This is the case for managers as well, there are no set criteria or known metrics and it seems to be calculated within a silo. I have not been able to tie my bonus percentage to my performance in any appreciable way the past two years and so it doesn't act as a motivator in the way it should. Needs improvement: -401k match: the company is not very creative or progressive with its benefits and must realize that in order to hire top, young talent, it needs to offer more than other companies. For me, culprit #1 is the 401k plan. While there is a match, it equals 1.5% if you invest 6%, and they delay full vestment for 4 years. The vesting period is not as much of an issue as the match, which is tiny. It doesn't encourage me to put much money in and I feel like I'm not getting anywhere saving for my retirement. -Equity: there is no mention of equity in the company at any level I'm aware of. -Tuition reimbursement: there is no program yet to get a higher degree, though many of us would be able to benefit from that and bring more value to the organization. -Mobile phone discount: we are on our cell phones all the time for work. While overage fees can be claimed, the reimbursement process is very slow, and it would be better to acknowledge that this is a big cost savings for the company. We don't need to get our phones for free, after all if we get funds here we don't get them for something else, but it would be nice to have some gesture here given how much work we do from our phones.
Salaries here are very low. Senior management is distant and uncaring.
The good thing is after you have worked at the company for over 3 months, you can work from home instead of using a sick day. The bad thing is there are few vacation days and even worse, you never want to take them because a day off means such a huge amount of work to come back to, it's easier to stay put and not leave at all.
List based on reports from current and former employees. It may not be complete.