Waystar

HQ
Louisville
Total Offices: 4
1,757 Total Employees
Year Founded: 2017

Waystar Benefits Overview

Waystar offers benefits that support health, finances, flexibility, and well-being.

Compensation + Benefits

Offers 401(K)

Offers life insurance

Provides 401(K) matching

Offers supplemental life insurance

Provides adoption assistance

Hosts company-sponsored family events

Offers generous parental leave

Provides fertility benefits

Offers childcare benefits

Provides family medical leave

Provides a post-parental leave return-to-work program

Provides an onsite Mother's Room

Offers dental insurance

Offers health insurance

Offers mental health benefits

Offers dependent care

Offers Flexible Spending Account (FSA)

Offers vision insurance

Offers Health Savings Account (HSA)

Offers employee stock purchase plan

Offers competitive compensation and rewards package

Defined reimbursement or per diem policy for work-related expenses

Offers top-of-market total rewards package

Offers employee discounts

Offers performance bonuses

Defined commission tiers and policy for applicable employees

Defined structured pay bands with transparent earning potential

Promotion-related pay increases clearly defined

Work-Life Balance + Wellbeing

Offers company-sponsored outings

Offers fitness stipend

Partners with nonprofits

Offers Employee Resource Groups

Offers wellness initiatives designed to combat burnout and mental fatigue

Flexibility provided during personal challenges

Offers gym membership

Provides opportunities to volunteer in the local community

Provides access to an onsite gym

Offers wellness programs

Works with employees to create a sustainable work pace

Provides employees with ability to schedule focus-time blocks

Offers an Employee Assistance Program (EAP)

Offers generous PTO

Provides paid holidays

Offers a flexible time off policy

Provides military leave

Provides sick leave

Offers paid volunteer time

Provides wellness days

Provides bereavement leave

Offers unpaid extended leave

Career Growth + Development

Provides customized development tracks

Documented internal promotion policy

Documented path to leadership development

Prioritizes promotion advancement based on long-term contribution

Posts new positions internally and encourages employees to apply

Promote from within

Documented career progression frameworks

Prioritizes promotion advancement based on impact

Regularly scheduled promotion review cycles for employees

Encourages lateral mobility to expand skills and impact

Job training & conferences

Provides paid industry certifications

Provides personal development training

Provides structured onboarding for new employees

Provides opportunities to take on expanding responsibilities

Encourages knowledge sharing and cross-functional collaboration

Provides training support and resources for AI adoption

Managers hold regular development check-ins

Provides online course subscriptions

Provides tuition reimbursement

Provides virtual coaching services

Provides structured early-career growth opportunities

Supports employee-driven initiatives, not just top-down priorities

Defines roles and sets expectations for success

Provides formal manager training and leadership development

Provides tuition assistance

Company Culture

Utilizes a flexible work schedule

Allows work from home occasionally

Defined working hours and availability expectations

Async-friendly policies, culture that encourage work flexibility

Provides work from home flexibility

Offers a remote work program

Utilizes a hybrid work model

In-office days / expectations are defined

Established expectations for communication between time zones

Has a highly diverse management team

Mandated unconscious bias training

Hiring practices promote diversity

Mean gender pay gap is below 10%

Offers diversity-based Employee Resource Groups

Open office floor plan to encourage communication and collaboration

Hosts in-person all-hands meetings

Promotes a people-first, social culture

Prioritizes mission-driven work in decision-making processes

Leadership is transparent and communicative

Uses an OKR operational model to clearly define goals and priorities

Defined values and mission statements

Defined policies promoting a professional, respectful workplace

Prioritizes real-world impact of work in decision-making processes

Documented policies and procedures to protect employee privacy and data

Provides onsite office parking

Some meals provided

Office has designated quiet areas and collaboration zones

Provides free snacks and drinks

Employees provided with well-designed, comfortable workspace

Quarterly engagement surveys to gauge employee satisfaction

Managers offer consistent feedback loops

Provides resources to build team camaraderie

Encourages autonomy and ownership from employees

Managers give public shoutouts and celebrate employee milestones

Established employee awards to honor work and contributions

Company or teams have recognition rituals for individual work

Provides modern technology across teams

Transparent sharing of company-wide eNPS scores

Employee feedback used to shape policies and strategy

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