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Vestmark, Inc.
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Vestmark, Inc. Compensation & Benefits
Frequently Asked Questions
Vestmark ensures its pay and compensation plans remain competitive through multiple market benchmarking tools and structured processes:
Benchmark Survey: Vestmark uses an industry survey as its primary benchmarking tool. HR researches salary bands at the beginning of the salary planning process utilizing this survey.
Platform: Vestmark has implemented a compensation platform that provides competitive real-time market data for all jobs as well as reporting for Pay Equity and Pay Transparency.
Salary Band Process:
The company maintains a structured approach to compensation management:
- Benchmarking: HR researches salary bands using market data from a professional industry survey
- Salary bands: Salary bands include department, role, level, salary range, bonus pay when applicable, and RSU allocations
- Compensation Structure & Implementation: Approved salary bands are imported into Applicant Tracking System, providing hiring managers with secure, unified access to salary ranges during the recruiting process
Annual Review Process
Vestmark has a pay for performance culture provided through our an annual performance review and compensation cycle where compensation decisions receive final approval from senior leadership before being communicated to employees.
This multi-layered approach—combining industry survey data, real-time market intelligence, and systematic annual reviews—helps Vestmark maintain competitive compensation while ensuring internal equity and transparency.
Beyond our competitive compensation program, Vestmark believes in a total rewards strategy that consider factors beyond normal pay.
Vestmark offers a robust benefits package which includes the following:
Health & Wellness Benefits:
- Medical insurance (two Blue Cross Blue Shield PPO plan options with Vestmark paying 90% of the premium)
- Dental insurance (BCBS Dental Blue options)
- Vision insurance
- Life insurance and Accidental Death & Dismemberment (AD&D)
- Short-term disability (pays a percentage of weekly pay for up to 13 weeks)
- Long-term disability (for illnesses/injuries lasting beyond 13 weeks)
- Flexible Spending Accounts (FSA) for health and dependent care
- Health Savings Account (HSA) options
- Employee Assistance Program
Retirement Benefits:
- 401(k) plan with tax advantages
Equity:
- Vestmark offers Restricted Stock Units (RSUs) to all employees as part of the compensation package.
Vacation:
- Full-time employees start with 3 weeks of vacation
- Increases by 1 day per year of service, up to 25 days annually
Additional PTO:
- 10 sick days per year
- At least 12 paid holidays
- 4 weeks paid parental leave 100% pay for birth, adoption, or placement of a child
- 5 days bereavement leave per year for immediate family members
- Jury duty leave and military leave options
Work Flexibility:
- Hybrid work arrangements for those in office
- Remote work options (manager discretion/approval)
Professional Development:
- Training programs through Learning Management System and LinkedIn Learning
- Lunch & Learn sessions
- Mentor program
Company Culture & Recognition:
- Named one of Built In's Best Places to Work for several years in a row
- Named a Best-in-Class Employer, as a designation highlighting our commitment to employee benefits, compensation, and a dynamic workplace.
- Employee Value Ambassador Awards - quarterly recognition for alignment with company values
- Vesties - Annual Employee of the Year Awards by department
- Employee referral program - generous cash bonus award
