Box Employee Reviews about "401k match"

Updated Jan 20, 2021

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4.4
88%
Recommend to a Friend
96%
Approve of CEO
Box Co-founder and CEO Aaron Levie
Aaron Levie
517 Ratings
Pros
  • "Great culture, really good work-life balance(in 51 reviews)

  • "Excellent work/life balance (most teams)(in 48 reviews)

  • Cons
  • "No 401k match (which has been a pain point for many years, and leadership continues to glaze over this despite massive demand from employees)(in 40 reviews)

  • "There is no 401k match and honestly Box can do better with making an initiative to do that(in 30 reviews)

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    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "401k match"

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    1. 5.0
      Current Employee, more than 1 year

      Community and Value Driven Organization

      Sep 25, 2020 - Business Development Manager in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      An incredible place to work that fosters an environment of community and values self starters. The talent is top notch and produces incredible results. I'm so thankful to work for a company that challenges me to grow and respects boundaries and work/life balance.

      Cons

      No matching 401K program available

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    2. 4.0
      Current Employee, more than 3 years

      Great WLB and Culture; Limited Career Growth

      Jan 20, 2021 - Staff Technical Program Manager in Redwood City, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Box is an extremely kind, collaborative and supportive environment. There is absolutely 0 hostile behavior at all. Pay is competitive. Flexible PTO. Additional company wide day off (at least for US) in the months that have no holidays so people can recharge.

      Cons

      Given the size of the company, senior levels will have a hard time finding their next spot up on the ladder. Stock refreshers are rare outside of engineering unless you get a promotion. No matching 401k

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    3. 5.0
      Current Employee, more than 3 years

      Great place to grow

      Apr 30, 2020 - Mid Market Account Executive in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Box was my second place of employment out of college and I've been here almost 4 years now. The culture is really phenomenal especially on the sales side of the house. There is a strong sense of community among coworkers and people really do want to see you succeed vs. hyper-competitive sales cultures. Additionally there are tons of resources around ERGS and room to grow with your career with upward mobility. The management in particular has really show their true colors during Covid-19. Aaron's leadership and generosity through out this pandemic has made me feel 100% secure in my job. Which in turn has allowed me to focus on what is really important and that is my customers and doing my job well. Management has also been extremely transparent and hosting weekly 1:1 fireside chats with various executives and the sales team members to share their own experiences in their roles and how we can translate that to benefit our customers. I also would say after a number of years our product offering is finally rounding out its suite offering to better compete with the larger traditional ECM players and better differentiate ourselves from basic files sharing.

      Cons

      No 401K Matching, Stock performance mediocre over the years, competitive market

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    4. 5.0
      Current Employee, more than 3 years

      Enterprise company with the culture of a startup - the perfect blend!

      Apr 24, 2020 - Account Executive in Austin, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture, customer and employee focus, work/life balance, most innovative company in cloud content manage space, customers love using Box, we get to work with some of the world's most powerful companies, huge market growth potential and well positioned for it, employees are encouraged to work from different offices (NY, SF, Austin, Chicago, etc) and are supported for promotions/role changes, it feels like you you get to spend time with friends every day that also just happens to be "work", very smart people everywhere that are all passionate about innovation and our customers, very few people who take themselves too seriously and have the proper perspective on life and work. Benefits wise you can't really get any better from unlimited PTO, catered meals every day, huge snack selection, very generous paternity/maternity leave, gym/phone/transportation subsidy, and constant team/company outings and events.

      Cons

      No matching 401k. Justification has been the ESPP/equity package serving a similar function though the stock has underperformed for awhile so that hasn't really worked out. You can't have it all though!

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    5. 3.0
      Current Employee, more than 3 years

      Good but no longer great

      Mar 3, 2020 - Implementation Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Box continues to have a good culture. There is an excellent work life balance, unlimited vacation, free lunch, and good overall benefits. eStaff is well respected and comes across as open and approachable.

      Cons

      The company-wide focus is on becoming profitable and reducing costs. Hiring is slowing or has stopped completely in most teams. Teams are repeatedly asked to do more with less. Growth opportunities are becoming more limited. Mid-level leadership is spotty (lots of Director and VP level people have been leaving over the last year or two). In Box Consulting, there are some members of the senior leadership team that seem to be good at "playing the game" and managing up, but not making any real impact on their teams. New senior managers and directors are brought on, especially within the Growth and Strategy team, but they don't make any real impact and aren't respected internally. Constructive feedback on this team is not welcomed. Meanwhile, individual contributors are leaving and their positions aren't being backfilled but are being moved offshore (which some members of the leadership team are bragging about). Senior leadership within Box Consulting seems out of touch and uninterested in receiving feedback. The only priority is billable customer work - even if that means sacrificing efficiency and process improvements. BC is moving closer and closer to a traditional Consulting org, but they don't get comparable compensation. Time tracking is scrutinized, comments are required, and must be done daily. Monthly healthcare costs are high. There is no 401K matching even though people have been asking for this for years.

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      3 people found this review helpful
    6. 5.0
      Current Employee, more than 3 years

      2+ years, still love working at Box

      Aug 22, 2020 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Box is a company you will be proud to work for, period. The culture at Box is the best out there - full of GOOD people who are enthusiastic about Box, passionate about life, and bring their authentic selves to work every day. Executive leadership has no ego and the CEO is one-of-a-kind, intelligent, genuine, and incredibly passionate. Incredible level of transparency is shared with the entire company on deals, products and business strategy. You feel like you’re really part of something & have the opportunity to make a real impact no matter what your role is! Lots of opportunity to move into new roles too. The product itself is such a game changer for remote work and companies wanting to thrive in the digital age. Flexible vacation policy, 5 months maternity leave, WFH stipend during COVID-19. Everyone has been especially supportive of each other during COVID-19 - giving employees additional paid days off, mental health resources and a flexible work from anywhere policy. If you’re lucky enough to get hired at Box, you will feel like you’re part of a family. After 2+ years I’ve not once dreaded going into work, in fact I look forward to it! Box is still building it’s place in the market, which makes it exciting times at the company and gives you lots to look forward to.

      Cons

      - The stock price is nothing to write home about. - No 401k match (which has been a pain point for many years, and leadership continues to glaze over this despite massive demand from employees) - Box is not a top payer in the industry - Does not pay for cell phone or gym, but does supply a small monthly stipend for both.

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      1 person found this review helpful
    7. 5.0
      Current Employee, more than 1 year

      Great place to work - oppty for growth, supportive culture, great sr. leadership

      Apr 27, 2020 - Customer Success Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great strategy, effective leadership, stellar culture, good benefits

      Cons

      No 401K matching - truly have no other complaints!

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    8. 5.0
      Current Employee, less than 1 year

      Excellent place to work in tech

      Jul 29, 2020 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Extremely supportive culture (PTO and work-life balance are encouraged; there is a lot of transparency) -Opportunity for internal mobility -The talent & belonging team work hard to establish a sense of community (and Boxers are typically pretty friendly and open) -Great benefits/perks (Commuter, behavioral health/wellness, parental support, just to name a few) -Free lunch, snacks in the office

      Cons

      -No 401k match -No office gym (but this was only a loss for me because my last company had one; Box compensates with a monthly fitness stipend)

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    9. 5.0
      Current Employee, more than 1 year

      Great company

      Sep 21, 2020 - Engineer in Redwood City, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Food, snack, amazing culture, caltrain pass, benefits, good work life balance

      Cons

      there is no 401k match

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    10. 5.0
      Current Employee, more than 3 years

      Sales careers made here

      Apr 29, 2020 - Account Executive in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      An absolutely great place to work, Box truly cares about their employees and the Sales Org continues to drive a ton of success year over year There is a ton of emphasis on your career path and very strong internal promotion strategy. The product has finally started to hit strides and that strategy is more coherent Great work-life balance and very hands on approach from C-Suite

      Cons

      Competitive landscape against Microsoft and Google can make it challenging at times. Lack of marketing over the years has made brand an issue. Lots of management turnover and continued departures. Stock price has little to no success. No matching 401K and compensation is lower than industry peers

      1 person found this review helpful
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