Parsons Corporation Compensation Employee Reviews | Comparably
Parsons Corporation Claimed Company
Founded in 1944, Parsons is an engineering, construction, technical and management services firm. read more
EMPLOYEE
PARTICIPANTS
172
TOTAL
RATINGS
1474
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Parsons Corporation Compensation Employee Reviews

What is the best part about your compensation package?

Pay is ok. Bonus is uneven across departments

Pay is competitive and benefits are comparable to other companies in the space I work in.

My pay is good, benefits are average. The 401K match is low, the vesting is only annually, EFFECTIVE communications above my site leader are frustrating.

The ESOP is decent, but almost impossible to cash out when you leave the company.

The ESOP and PTO time.

Whole the the salary is good

Salary aligns with position and duties

Average / Stick options are nice

Pay is great and ESOP

Review from Engineering Dept

Employee owned retirement provided st no cost

our Employee Stock Ownership Program is excellent

Review from HR Dept

We are an employee stock ownership company, so we get 8% on top of our salary and a matching 401K put a way every year.

Review from Engineering Dept

Parsons is an ESOP (Employee Stock Ownership Company). It's an outstanding benefit (percentage awarded to me each year) + there is matched 401K. It adds up quickly!

Review from HR Dept

Why do you feel undervalued and what would make you feel better about your compensation?

Benefits are average at best compared to competitors - not a discriminator that helps attract and retain talent, usually an obstacle to overcome when interviewing- e.g. 401K plan not a good deal for younger employees. 80% of company contribution is in stock which can't be sold until later in life

Review from Engineering Dept

Review Sentiment at Parsons Corporation

99
99%
1
1%

About Parsons Corporation's Compensation

B+
73/100

Where This Score Ranks Parsons Corporation's Compensation

TOP
20%

In the Top 20% of 1310 similar size companies on Comparably

TOP
35%

In the Top 35% of 374 companies in Los Angeles

2nd

2nd place versus 5 competitors rated on Comparably

69 employees at Parsons Corporation score their wages and compensation a B+ on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 71% say Yes. The HR department is the most satisfied with their compensation, ranking it 100/100, a full 31 pts above the Engineering department. If you want detailed data about Parsons Corporation's wages, see the <a href="https://www.comparably.com/companies/parsons-corporation/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - HR
    +27%
  • Experience - 1 to 3 Years
    +27%
  • Department - Operations
    +24%

Rate Compensation the Lowest

  • Experience - 3 to 6 Years
    -29%
  • Department - Engineering
    -4%
  • Gender - Male
    -4%

How Parsons Corporation's Compensation Score is Calculated

FILTER RATINGS BY

Results from 69 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes71%
No29%
Do you believe you're paid fairly?
AnswerPercent
Yes73%
No27%
Are you satisfied with your Benefits?
AnswerPercent
Yes40%
No60%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year80%
Every 2 years0%
Every 3 years or more0%
Never20%
How often do you get a raise?
×
Rate your company