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Benefitfocus Claimed Company
Benefitfocus is a cloud-based benefits administration technology company committed to helping our customers, and the people they serve, get the most out of their health care and benefit programs. read more
Benefitfocus Company Culture
Benefitfocus Culture
This score is derived from employee ratings & reviews3.8/5
Benefitfocus' Overall Culture is rated B
Top Rated Culture Dimensions
CEO Rating
AExecutive Team
A-Leadership
BeNPS
BManager
BBenefitfocus CEO
Top 10%Top 10% of Similar Size Companies on Comparably
Matt Levin
78 /100
See More
Diversity at Benefitfocus
Bottom 5%Bottom 5% of Similar Size Companies on Comparably
F
Diverse employees at Benefitfocus have rated Executive Team, Outlook, and Environment as the highest categories they have scored
Women at Benefitfocus
Bottom 45%Bottom 45% of Similar Size Companies on Comparably
C
Women at Benefitfocus have rated Executive Team, Perks And Benefits, and CEO Rating as the highest categories they have scored
Benefitfocus eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 25%Top 25% of Similar Size Companies on Comparably
Recommend to a Friend?
24
Benefitfocus employees are 24% more likely to recommend Benefitfocus as a great place to work
| 47% | Promoters |
|---|---|
| 30% | Passives |
| 23% | Detractors |
Working at Benefitfocus
Working at Benefitfocus is rated average by 46 employees, across various culture dimensions. Benefitfocus employees are most satisfied about CEO Rating, Executive Team, and Leadership categories, putting Benefitfocus’s culture in the Top 35% compared to similar sized companies on Comparably and in the Top 40% compared to other companies in Charleston, SC. See below in detail how working at Benefitfocus was rated by employees.
Overall Company Culture at Benefitfocus
B
Overall Company Culture at Benefitfocus is rated B
Last updated months ago
Top
35%
Benefitfocus ranks in the Top 35% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Benefitfocus Employee Reviews
Out of 48 Benefitfocus employee reviews, 86% were positive. The remaining 14% were constructive reviews with the goal of helping Benefitfocus improve their work culture.
| Positive Reviews | 86% |
|---|---|
| Constructive Feedback | 14% |
Positive Reviews From Benefitfocus Employees
- What is the best part about your compensation package?VaCa package is the best
- What do you like best about the leadership team?They respect the new ideas even it's small and give opportunity and freehand to work and experiment.
- What do you like best about the leadership team?CEO is great on obtaining business and moving forward with bring obtained for overall better opportunity
Constructive Feedback From Benefitfocus Employees
- What do your coworkers need to improve and how could you work together better?Avoid the assumptions that you think you have about people's experience. Don't say "happy to help" and not genuinely mean it. If you can help teammates, helping set them up with success helps the team overall and rolls over to helping the organization succeed.
- What does the leadership team need to get better at?living in the reality of today's business climate
- What does the leadership team need to get better at?More one of one meetings.
Benefitfocus Company Information
Benefitfocus Company Overview
Benefitfocus is a cloud-based benefits administration technology company committed to helping our customers, and the people they serve, get the most out of their health care and benefit programs.
Benefitfocus was founded in 2000 and its current CEO is Matt Levin. Since its inception 26 years ago, Benefitfocus has grown to 1300 employees.
Benefitfocus Mission, Vision & Values
Benefitfocus Mission Statement
At Benefitfocus, our mission is simple: to. improve lives with benefits.
Benefitfocus Vision Statement
Our vision is to be THE preferred partner in the health and benefits industry.
Benefitfocus Values
- Respect: We’re open-minded to each associate’s unique perspectives and believe each person brings their best intentions to the team.
- Own It: We are accountable for our actions, and proud of them. We believe in offering solutions, following through on our commitments, and learning.
- Together: We have the spirit of “in it to win it” and can only win when we operate as a team, with common goals and support for one another.
- Community: We believe in improving lives not just for our customers and our associates, but the world around us.
- Anticipate: We go above and beyond just meeting the needs of our customers and teammates, but provide anticipatory service through proactive solutions
- Celebrate: It’s important to celebrate one another’s accomplishments – big and small. Ring a cowbell!
Sustainability and Corporate Social Responsibility at Benefitfocus
Benefitfocus has chosen to implement change in our community, not only by providing better benefits, but by giving our time and attention to bettering the people and places around us. Learn more here: https://www.benefitfocus.com/company/sustainability-report
| Headquarter | 100 Benefitfocus Way Charleston, SC 29492 United States of America |
|---|---|
| Website | www.benefitfocus.com |
| Founding Date | 2000 |
| Tel | 843-849-7476 |
| Company Status | Public |
| Stock | BNFT |
| Jobs | jobs.jobvite.com/benefitfocus |
| Social Sites |
Benefitfocus Competitors
Benefitfocus competitors include UKG, Businessolver, Empyrean Benefit Solutions, and Connecture. Benefitfocus ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Benefitfocus compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Current benefits administration provider not cutting it? Learn how Benefitfocus offers a partnership you can rely on to meet your needs now - and in the future.
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When employees have up to 20 benefits to navigate through, it's easily overwhelming and difficult to understand the full value. At the same time, employers have their own preference for how they want to showcase their various benefits for employees to see. That's why we've designed Benefitsplace to help employers create a more streamlined and meaningful benefits enrollment experience.
Benefitfocus celebrated International Women’s Day by inviting associates to recognize and honor their female colleagues. We wish we could share the dozens upon dozens of inspiring stories, but here are just a few of the heartfelt messages that were shared throughout the day. Take a moment to watch this video and recognize someone who inspires you in the comments!
Benefitfocus Employees
Benefitfocus has 1300 employees. 46 employees at Benefitfocus have reviewed Benefitfocus across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 46 Benefitfocus employees give their leadership a grade of B, or Top 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Benefitfocus are generally satisfied with their total compensation at Benefitfocus, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Benefitfocus are generally satisfied with their team. 46 Participants grade the quality of their coworkers a C+. The majority believe the meetings at Benefitfocus are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Benefitfocus believe the environment at Benefitfocus is positive. Most Participants believe the pace of work at Benefitfocus is moderate. About 60% of the employees at Benefitfocus work 8 hours or less, while 5% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Benefitfocus are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Benefitfocus employees generally work 8.9 hrs a day
Work Hours
A Day in the Life
Employees at Benefitfocus report the work pace is moderate
Work Pace
A Day in the Life
81% of Benefitfocus employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Benefitfocus employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
75% of Benefitfocus employees call their work environment positive
Environment
Joining Benefitfocus - Employee Onboarding
The prevailing opinion from employees about joining Benefitfocus is that the company was very prepared on their first day. Benefitfocus employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Benefitfocus KPIs and OKRs
Employees’ understanding of Benefitfocus' KPIs and OKRs is essential for its success. Out of 5 Benefitfocus employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 3 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Benefitfocus CEO & Leadership
Benefitfocus CEO - Matt Levin
78 /100
Benefitfocus’s CEO Matt Levin started in this role in 2021. Matt’s approval rate is in the Top 10% of all CEOs of similar-sized companies on Comparably, and in the Top 10% compared to the CEOs of all other companies in Charleston, SC. Benefitfocus’s CEO is highly regarded especially by employees in the Marketing department, employees with 6 to 10 Years experience, and employees with the company for 2 to 5 Years. However, employees with 1 to 3 Years experience, Male employees, and employees with Over 10 Years experience have a less favorable view of the CEO and believe there is room for improvement. Compared to Benefitfocus’s competitors, Matt Levin ranks right above Empyrean Benefit Solutions CEO Richard Wolfe. Under Levin’s leadership, Benefitfocus employee respondents are most happy about their Executive Team and the company’s Leadership. Diversity and Office Culture are two areas, according to respondents, where Benefitfocus could stand to see real improvement.
Benefitfocus Leadership
The Benefitfocus Executive Team is rated an “A-” and led by CEO Matt Levin, SVP, Sales Greg Mercer, and Chief Financial Officer Alpana Wegner
Matt Levin CEO / President
Matt is the President & Chief Executive Officer (CEO) at Benefitfocus. As an industry veteran with more than 15 years of... read more
Greg Mercer SVP, Sales
Greg is Senior Vice President (SVP) for Sales at Benefitfocus. He joined the team in September 2014 as an Account... read more
Alpana Wegner Chief Financial Officer
Alpana is Chief Financial Officer (CFO) at Benefitfocus. She joined the team in April 2017 bringing a renewed focus on... read more
Matt Levin President & CEO
Matt is the President & Chief Executive Officer (CEO) at Benefitfocus. As an industry veteran with more than 15 years of... read more
Tina Provancal Chief Product & Strategy Officer
Tina joined the Benefitfocus team in 2021 and brings with her more than 25 years of in-depth benefits administration,... read more
Craig Maloney Chief Commercial Officer
Craig is Executive Vice President (EVP) and Chief Commercial Officer (CCO) at Benefitfocus. He joined the Benefitfocus... read more
Sean Wechter Chief Information Officer
Sean joined the Benefitfocus team in November of 2020 as Chief Information Officer (CIO) and brought with him an... read more
Kevin Heineman Chief Information Security Officer
Kevin joined Benefitfocus in March 2022 as the Chief Information Security Officer (CISO). Cyber risk is a global issue,... read more
Benefitfocus Salaries
How much does Benefitfocus pay?
How much do people at Benefitfocus get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Benefitfocus is $119,713, or $57 per hour, while the estimated median salary is $119,574, or $57 per hour.
At Benefitfocus, the highest paid job is a Director of Sales at $205,474 annually and the lowest is a Sales Rep at $45,000 annually. Average Benefitfocus salaries by department include: Legal at $159,290, IT at $97,151, Engineering at $141,450, and Customer Support at $65,478. Half of Benefitfocus salaries are above $119,574.
27 employees at Benefitfocus rank their Compensation in the Top 35% of similar sized companies in the US (based on 85 ratings) while 26 employees at Benefitfocus rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 30 ratings).
Salaries contributed from Benefitfocus employees include job titles like Developer, Senior Marketing Manager, Marketing Associate, and Director of HR. Comparably data has a total of 4 salary records from Benefitfocus employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $69k | $69k | 1st Percentile |
17th Percentile $91k | $91k | 17th Percentile |
33rd Percentile $119k | $119k | 33rd Percentile |
50th Percentile $167k | $167k | 50th Percentile |
67th Percentile $223k | $223k | 67th Percentile |
83rd Percentile $239k | $239k | 83rd Percentile |
100th Percentile $282k | $282k | 100th Percentile |
$119,713*
Average Compensation
$119,574*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Benefitfocus Salaries by Department
Diversity & Inclusion at Benefitfocus
Diverse employees at Benefitfocus score the company 38/100 across various culture categories, placing Benefitfocus in the Bottom 5% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Benefitfocus across various culture dimensions.
Benefitfocus is committed to providing a diverse and inclusive workplace in which equality, representation and respect create a culture of belonging. Learn more here: https://www.benefitfocus.com/company/diversity-inclusion-belonging
Ranked Culture the Highest
Ranked Culture the Lowest
Benefitfocus Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Employee Stock Purchase Plan
Office Perks
- Free Food
- Pet-Friendly
- Company Social Outings
- Work From Home Policy
- Unique Office Space
Benefitfocus PTO
Benefitfocus' PTO and Vacation policy typically gives unlimited days off a year with 0% of employees expected to be work free while out of office. Benefitfocus' benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Benefitfocus Careers
Benefitfocus Jobs
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Overview of Candidates Interested in Benefitfocus on Comparably
Candidates By Department
All Industries | 75% | |
|---|---|---|
HR | 13% | |
Marketing | 13% |
Candidates By Location
Charleston | 25% | |
|---|---|---|
New York City | 13% | |
Salt Lake City | 13% | |
San Francisco | 13% | |
Akron | 13% | |
Other | 25% |
Frequently Asked Questions regarding Benefitfocus
What is Benefitfocus address?
Benefitfocus location is at 100 Benefitfocus Way
Who is the CEO of Benefitfocus?
Benefitfocus CEO is Matt Levin, their score by employees is 78
What is Benefitfocus eNPS?
The eNPS for Benefitfocus is 24
What is the salary for QA in Benefitfocus?
QA average salary in the US is 88k
What are the salaries in the Design in Benefitfocus?
The average salaries for Design in Benefitfocus is 115k
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