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Vestmark, Inc.
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Vestmark, Inc. Compensation & Benefits
Frequently Asked Questions
Vestmark ensures its pay and compensation plans remain competitive through multiple market benchmarking tools and structured processes:
Benchmark Survey: Vestmark uses an industry survey as its primary benchmarking tool. HR researches salary bands at the beginning of the salary planning process utilizing this survey.
Platform: Vestmark has implemented a compensation platform that provides competitive real-time market data for all jobs as well as reporting for Pay Equity and Pay Transparency.
Salary Band Process:
The company maintains a structured approach to compensation management:
- Benchmarking: HR researches salary bands using market data from a professional industry survey
- Salary bands: Salary bands include department, role, level, salary range, bonus pay when applicable, and RSU allocations
- Compensation Structure & Implementation: Approved salary bands are imported into Applicant Tracking System, providing hiring managers with secure, unified access to salary ranges during the recruiting process
Annual Review Process
Vestmark has a pay for performance culture provided through our an annual performance review and compensation cycle where compensation decisions receive final approval from senior leadership before being communicated to employees.
This multi-layered approach—combining industry survey data, real-time market intelligence, and systematic annual reviews—helps Vestmark maintain competitive compensation while ensuring internal equity and transparency.
Beyond our competitive compensation program, Vestmark believes in a total rewards strategy that consider factors beyond normal pay.
Vestmark offers a robust benefits package which includes the following:
Health & Wellness Benefits:
- Medical insurance (two Blue Cross Blue Shield PPO plan options with Vestmark paying 90% of the premium)
- Dental insurance (BCBS Dental Blue options)
- Vision insurance
- Life insurance and Accidental Death & Dismemberment (AD&D)
- Short-term disability (pays a percentage of weekly pay for up to 13 weeks)
- Long-term disability (for illnesses/injuries lasting beyond 13 weeks)
- Flexible Spending Accounts (FSA) for health and dependent care
- Health Savings Account (HSA) options
- Employee Assistance Program
Retirement Benefits:
- 401(k) plan with tax advantages
Equity:
- Vestmark offers Restricted Stock Units (RSUs) to all employees as part of the compensation package.
Vacation:
- Full-time employees start with 3 weeks of vacation
- Increases by 1 day per year of service, up to 25 days annually
Additional PTO:
- 10 sick days per year
- At least 12 paid holidays
- 4 weeks paid parental leave 100% pay for birth, adoption, or placement of a child
- 5 days bereavement leave per year for immediate family members
- Jury duty leave and military leave options
Work Flexibility:
- Hybrid work arrangements for those in office
- Remote work options (manager discretion/approval)
Professional Development:
- Training programs through Learning Management System and LinkedIn Learning
- Lunch & Learn sessions
- Mentor program
Company Culture & Recognition:
- Named one of Built In's Best Places to Work for several years in a row
- Named a Best-in-Class Employer, as a designation highlighting our commitment to employee benefits, compensation, and a dynamic workplace.
- Employee Value Ambassador Awards - quarterly recognition for alignment with company values
- Vesties - Annual Employee of the Year Awards by department
- Employee referral program - generous cash bonus award
What People Are Saying About Vestmark, Inc.
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Healthcare Strength: Healthcare coverage includes employer-subsidized medical with dental and vision, alongside an HSA option with a company contribution. Wellbeing resources such as an on-site gym, fitness reimbursements, and wellness incentives complement the core plans.
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Leave & Time Off Breadth: Paid time off provides a predictable bank of vacation that grows with tenure, paired with dedicated sick time and company holidays. The structure enables planning and accumulation over time.
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Retirement Support: Retirement benefits include a straightforward 401(k) match with a defined vesting schedule, plus additional wealth-building through RSUs and performance bonuses. Feedback suggests the program is clear and accessible for participants.
Vestmark, Inc.'s Benefits
Offers company equity
Vestmark also offers additional compensation in the form of restricted stock options. Our RSU’s are issued through a vesting and distribution schedule after achieving required milestones.
Offers performance bonuses
Hosts company-sponsored family events
Vestmark sponsors family oriented events including a summer event and our annual Halloween trick or treat event.
Offers generous parental leave
We provide 12 weeks of paid parental leave for the primary caretaker and 2 weeks of paid leave for the secondary caretaker.
Provides a post-parental leave return-to-work program
Provides adoption assistance
Vestmark offers up to 12 weeks of paid parental leave for an adoption event.
Provides an onsite Mother's Room
Provides family medical leave
Offers dental insurance
Our dental plan covers $1500 of expenses and Vestmark contributes 90% towards the cost!
Offers Flexible Spending Account (FSA)
Vestmark employees can contribute up to $2,750 annual to their FSA, $5k annual for dependent care, and participate in our employeer funded HSA program.
Offers health insurance
Vestmark contributes 90% towards the cost of the employee insurance plans!
Offers pet insurance
Offers vision insurance
Offers 401(K)
In additional to our traditional 401(k) program, we also offer a ROTH 401(k) option for our employees.
Offers disability insurance
Offers life insurance
Provides 401(K) matching
Vestmark provides employees with a traditional 401(k) and ROTH 401(k) matching plan. We match 50% of contributions up to 8% of our employee's annual gross pay.
