Great-West Financial Pay & Benefits | Glassdoor

Great-West Financial Overview

Greenwood Village, CO
5001 to 10000 employees
1907
Company - Private
Finance
$2 to $5 billion (USD) per year
At Great-West Financial® and Empower Retirement, our more than 5,000 associates are dedicated to helping customers secure their financial futures. We offer a range of retirement savings products, life insurance, annuities and investment services from offices ... Read more

Great-West Financial – Why Work For Us?


We are a purpose driven company. At Great-West Financial® and Empower Retirement, our more than 5,800 associates are dedicated to helping millions of Americans plan for their financial futures. As a member of our team, your contributions can help people replace - for life - the income they made while working. 

Headquartered in metro Denver, we serve customers nationwide through offices around the country and internationally. We hire associates in a variety of fields who thrive in a collaborative work environment, seek opportunities to grow, enjoy solving challenging problems and appreciate a flexible work environment. Learn more about our Great-West brand and our Empower brand.


We aim to fuel the American dream of retiring comfortably and confidently by innovating and transforming the world of workplace retirement savings.

To do so, we’re cultivating a workplace that attracts the best and brightest.

We believe in purpose  

We believe in making a positive impact – in the lives of our customers and employees and in the communities where we live and work.

We believe in trust

More than 8 million Americans (as of July, 2017) entrust their financial futures to us, and our team members are trusted and empowered to help make the American dream possible for those we serve.

We believe in diversity

We embrace diversity and foster an inclusive workplace where our people feel welcomed to bring their authentic selves to work. In this environment, we’re able to unlock our associates’ greatest potential for creating solutions for our clients.

We believe in innovation

We encourage our team members to anticipate change, champion new ideas and build innovative, impactful solutions.

We embrace diversity and foster an inclusive workplace in which our associates feel welcomed to bring their authentic selves to work. We achieve this through a commitment to building cultural awareness, training our colleagues on the impact of unconscious bias, mentoring professionals from a variety of backgrounds and supporting employee resource groups. These groups cultivate peer networks of trust across the company, offer career development programs, volunteer together in the community and serve as a key resource to the company.


We envision the communities in which we live, work and play to be stronger, healthier and more vibrant as a result of turning individual acts into greater impact. Through our Associates Community Together (ACT) program, we empower our associates to support the many causes closest to their hearts and amplify their impact with company support. View our 2016 community impact report.


Action matches: We match volunteer hours and funds up to $5,000 per associate per year.

Action hours: We give associates up to 16 hours of paid time off annually to volunteer. 








 Action teams: We support associates as they create or join teams to participate in charitable fundraising events.

Action committees: We encourage associates to form volunteer committees to plan philanthropic events and activities with and for their colleagues.

You’re investing in us – and we’re investing in you. We offer a competitive benefits package that includes:

Health, dental and vision coverage

Medical, dental and vision coverage begin on your date of hire. Medical choices include PPO and HDHP with HSA plan options. For dental coverage, you have access to a basic plan with a buy-up option. For vision coverage, you have access to a national network of providers.

Retirement savings

Our 401(k) plan allows you to set aside pretax money for retirement. This includes immediate vesting of company-matched funds and a wide choice of investment options.

Insurance

As an associate, you receive basic life and long-term disability insurance coverage at no cost. We also offer supplemental coverage under several optional plans.

Additional benefits include:

  • Paid time off upon hire (no accrual!) – in addition to nine paid holidays and three floating holidays each calendar year.
  • Flexible benefit accounts.
  • 16 hours of paid time to volunteer.
  • Flexible work hours and a business-casual environment in many departments.
  • Adoption assistance.
  • Tuition reimbursement.
  • Employee assistance program.
  • Pretax commuter benefits.
  • Free parking at many sites.

View our full employee benefits package.



Great-West Financial Reviews

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Great-West Financial President & CEO Robert L. Reynolds
Robert L. Reynolds
103 Ratings
  • Featured Review

    "Community-minded, good benefits, working on innovation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Great-West Financial full-time

    Pros

    I'm based in Denver (headquarters) - I enjoy coming to work. It's unique to have a "cause" that we work toward every day--helping people plan for retirement. Definitely feels like a for-profit company but with an important, meaningful mission.

    Lots of perks at the office: cafeteria, company store with snacks and coffee, covered parking, on-site gym (free), onsite health center (free with certain company health plans), convenient location near the highway. Good health insurance. All employees receive 16 paid volunteer hours annually to use at any organization they'd like, and the company matches donations up to $5,000 each year per employee. People here are really nice and generally helpful. Lot of options to get involved with your fellow employees and in the community.

    Like most big companies, work-life balance will depend on who you work for and what your role is. I think generally the company values happy employees. They support "extra-curriculars" like lunch and learns, employee groups, etc.

    Cons

    Tech needs a refresh - we're several years behind with updates. Budgets are tight, and professional development budget is low. You will likely not see a lot of superfluous spending. I came from small orgs and it was definitely an adjustment to the hierarchy and structure. The other side to that coin is that there's a lot of room to grow and learn, and new people to meet every day.

    Advice to Management

    I'd like to see more diversity - like most large companies of this type, it's run by mostly boomer white men, which isn't representative of our employees or customer base.

    Spend to upgrade our tech systems.

See All 362 Reviews

Great-West Financial Photos

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Great-West Financial Interviews

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    Accepted Offer
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    Interview

    Nothing crazy. My application was done online, Recruiter reached out to me for phone interview. I was brought in for a formal interview. Process took maybe two weeks.

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Great-West Financial Awards & Accolades

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