Rent the Runway Compensation Employee Reviews | Comparably
Rent the Runway Claimed Company
Rent the Runway is transforming the way modern women get dressed and disrupting the $2.4 trillion fashion industry by pioneering dynamic ownership and enabling women to rent, subscribe to and purchase secondhand clothing. Founded in 2009 with a vision to build the world’s first living closet, RTR believes that women everywhere will soon have a subscription to fashion. By creating a new model of dynamic ownership rooted in sustainability, RTR has made apparel rental an indispensable utility while also powering women to feel their best every day. RTR offers apparel, accessories and home decor from over 700 designer partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, Rent the Runway has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times. read more
EMPLOYEE
PARTICIPANTS
72
TOTAL
RATINGS
667
HR or Marketing? Claim Your Free Employer Account

Rent the Runway Compensation Employee Reviews

What is the best part about your compensation package?

Week off at the holidays

All encompassing. Has evolved over time.

It's definitely high. The number of days off that we get as a company plus the ones in the package. I really like travel.

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

Incredibly expensive benefits. Not as good as many other companies

Lacking benefits offers and very exoensice. Low 401(k) match.

No review process and an immature management team

Review Sentiment at Rent the Runway

72
72%
28
28%

About Rent the Runway's Compensation

D-
48/100

Where This Score Ranks Rent the Runway's Compensation

BOTTOM
10%

In the Bottom 10% of 1757 similar size companies on Comparably

BOTTOM
10%

In the Bottom 10% of 634 companies in New York

3rd

3rd place versus 4 competitors rated on Comparably

36 employees at Rent the Runway score their wages and compensation a D- on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 44% say Yes. The Engineering department is the most satisfied with their compensation, ranking it 53/100. If you want detailed data about Rent the Runway's wages, see the <a href="https://www.comparably.com/companies/rent-the-runway/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - 1 to 3 Years
    +27%
  • Ethnicity - Caucasian
    +24%
  • Gender - Female
    +24%

Rate Compensation the Lowest

  • Ethnicity - Asian or Pacific Islander
    -16%
  • Tenure - 1 to 2 Years
    -8%
  • Tenure - Less than 1 Year
    -3%

How Rent the Runway's Compensation Score is Calculated

FILTER RATINGS BY

Results from 36 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes44%
No56%
Do you believe you're paid fairly?
AnswerPercent
Yes37%
No63%
Are you satisfied with your Benefits?
AnswerPercent
Yes33%
No67%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year34%
Every 2 years33%
Every 3 years or more33%
Never0%
How often do you get a raise?
×
Rate your company