Wellington Management Employee Benefits and Perks | Glassdoor

Wellington Management Benefits

36 Ratings

Employee Benefit Reviews

Showing 1–10 of 36 comments

Most Commented

  • Apr 01, 2018
    StarStarStarStarStar Current Employee in Marlborough, Massachusetts

    Wellington has a generous benefits package that is probably better than most. A decent health care coverage, with options for standard vs HSA type. Their 401K plan is extremely generous with a good percentage put in at the end of the year. Most of their incentives are towards year-end so they typically force employees to stay through the year to receive them, otherwise they will typically leave a lot of compensation on the table (mostly Bonus + Employer 401k contribution)

  • Dec 13, 2017
    StarStarStarStarStar Current Technology Associate in Boston, Massachusetts

    profit sharing 401k is amazing

  • Nov 09, 2017
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    Very good benefits package all around. One subtlety is that 401k contribution from the firm only occur at the end of the calendar year and are based off of your total compensation for the year rather than contributions you make to your account. Contributions are vested immediately, but if you are not there at the end of the year you get nothing.

  • Nov 12, 2017
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    The best thing is the 15% profit share.

  • Sep 25, 2017
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    Very generous benefit package when you consider total compensation.

  • Sep 27, 2017
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    Pay is lower than industry average and they tend to only hire contract workers for more and more jobs. This damages culture but keeps costs down.

  • Aug 24, 2017
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    100% match on IRA and Roth 401k. Get to select from Wellington managed funds.

  • May 07, 2017
    StarStarStarStarStar Current Lead Systems Analyst in Boston, Massachusetts

    Benefits in Boston, MA, USA Good * Bonus paid out in December instead of following year. * Wellington's 401K contribution is 15% of base+bonus received that year. For instance, if you had a base of $55K and got a bonus of $5K then 401K contribution would be 15% of $60K = $9K, for a total compensation that year of $55K+$5K+$9K = $69K. * Good medical and dental plans where Wellington pays ~80% of the cost. * Contribution to Health Savings Account (HSA) upto $1500. * Contribution to Dependent Care Account (DCA) upto $1000. * CFA reimbursement. * Tuition reimbursement with manager's approval. * Lots of good speakers and practitioners are brought to Boston Congress St office to speak on health, kids, managing stress etc. * Free coffee, tea, soup and hot chocolate. Bad * Median annual bonus in information technology department is only 10%-15%. * Can only use the pre-tax parking discount to park in 3 pre-selected garages in downtown Boston which happen to be 3 of the most expensive ones. Other companies reimburse based on actuals incurred in any parking garage or lot. * Some benefits such as 10 days of subsidized daycare rate ($10-$15/day) are not useful for most employees. In any case this is reported as taxable income and once you add in commuting costs and the hassle of bringing kids to downtown in the morning rush, it is not worth it. * No corporate mobile phone plan or reimbursement. Monthly mobile phone plan reimbursement of $55 and annual mobile phone reimbursement of $250 has been discontinued as of 2016. * Due to cost cutting benefits in general are being reevaluated.

  • May 08, 2017
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    401k contribution at 15%, no employee contribution required

  • May 04, 2017
    StarStarStarStarStar Current Senior Systems Analyst in Boston, Massachusetts

    Best: Profit sharing, generous 15% total compensation into your 401K

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 (24)
  • Dental Insurance
  • 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

  • CheckmarkPension Plan (10)
  • Checkmark401K Plan (24)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • CheckmarkMaternity & Paternity Leave (25)
  • 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

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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