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MassMutual

HQ
Springfield, Massachusetts, USA
Total Offices: 3
6,000 Total Employees
Year Founded: 1851

What's the Work-Life Balance Like at MassMutual?

MassMutual Employee Perspectives

What are some of the key ways MassMutual invests in the well-being of your employees? 

At MassMutual, we focus on providing holistic and flexible benefits. We know there’s much more to our employees’ lives than the work they do for us, and we honor that. That means we have core benefits like medical, dental, 401(k) and generous vacation time, but we go far beyond that to offer meaningful benefits that support our employees’ full, unique lives. For example, we offer an annual charitable contribution match and paid time off for employees to volunteer for causes they care about. We also offer resources like health coaching and fitness classes, both onsite and virtual. We’re always seeking to increase the breadth and flexibility of what we offer, ensuring our benefits meet employees’ diverse needs at each stage of life.

Part of this is empowering employees to prioritize who and what is most important to them. From bereavement leave where employees can define who their loved ones are, to generous caregiver leave, we want employees to be there for the ones they love.

This is just a snapshot of some of our benefits. It’s not about industry standards — it’s about supporting all employees’ well-being in ways that are meaningful to them.
 

The last couple of years have been especially taxing on people's physical and mental health. How has MassMutual adapted or expanded its benefits offerings to support employees' needs and meet them where they are?

Mental, physical and financial health are core components of our flexible and holistic well-being strategy. We offer MassMutual employees and members of their households access to a range of free, confidential mental health resources. As an example, all employees and members of their household have access to virtual and in-person counseling and coaching resources through a personalized care plan.

There’s also our $1,250 annual “Well-Being Wallet” to support employees on their wellness journeys. The results have been phenomenal. The diversity and flexibility of what is eligible is critical. We believe in giving employees the resources and the freedom to choose the most fulfilling wellness path for them.

Cynthia Ryan
Cynthia Ryan, Head of Human Resources

MassMutual's Benefits

Allows employees to take a day off for their birthday

MassMutual offers employees two flexible holidays per year to be used on the dates of their choice.

Offers a flexible time off policy

Offers generous PTO

Vacation: Starts at 19 days annually with increases at 5-year service anniversaries. Paid Holidays: 10 company holidays, up to 3 early closings, 2 flexible holidays.

Offers paid volunteer time

MassMutual offers three paid volunteer days and donates $25 per hour volunteered to employee’s chosen eligible non-profit (up to the annual limit of $6,500 per year).

Provides bereavement leave

Provides floating holidays

Provides paid holidays

Provides paid sick days

MassMutual offers employees up to five paid 'take care' days per calendar year.

Provides wellness days

Has employee-led culture committees

Offers company-sponsored happy hours

Offers company-sponsored outings

MassMutual offers many opportunities for events, from group volunteer experiences and chances to attend Red Sox games to business resource group-sponsored outings.

Offers Employee Resource Groups

Offers fitness stipend

All employees have access to deeply discounted membership to 18,000+ fitness centers nationwide, in addition to our free onsite office fitness centers.

Offers team workouts

In addition to office 5ks, group walks, and more, MassMutual offers medical plan participants financial incentives for engaging in activities that enhance physical, emotional, and financial health.

Offers wellness programs

- On-site and remote wellness resources such as Wellness and Fitness Centers - Reimbursement up to $1250 each year for well-being related purchases - Specialized menopause care and support

Partners with nonprofits

Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/foundation

Provides access to an onsite gym

Provides onsite meditation space

Provides opportunities to volunteer in the local community

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.

Provides recreational clubs

Offers a remote work program

In addition to two remote days per week, MassMutual offers employees four full remote weeks of their choice per year and three company-wide remote weeks (remote domestically or internationally).

Utilizes a 4-day work week model

We offer a 4x10 option to employees with manager approval.

Utilizes a flexible work schedule

Our workplace philosophy puts office collaboration first, with flexibility to work remotely, ultimately helping us best meet the needs of our customers, our employees, and our company.

Utilizes a hybrid work model