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Mutual Well-being

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Benefits at MassMutual

MassMutual takes a holistic and flexible approach to compensation and benefits. We want our benefits to meet our employees’ diverse needs at every stage of life. Here, we know that there's more to life than your job and there's more to your aspirations than a paycheck. 

Benefits Details pdf

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Cynthia Ryan
Cynthia RyanHead of Human Resources
“Our benefits strategy is built around empowering employees to prioritize who and what is most important to them. Our suite of benefits empowers them to take care of themselves mentally, physically, and financially. We also know it's important for employees to be there for the ones they love, and we help make that possible with generous caregiver leave, bereavement leave where they can define who their loved ones are, and volunteer time off for causes they care about. Our benefits go beyond industry standards—it’s about supporting all employees’ well-being in ways that are meaningful to them.”

What our employees say about our benefits

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Holistic and Flexible Benefits

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Health & Well-being

In addition to top-line medical and dental coverage, personalized mental health solutions, on-site and virtual health coaching, and much more, MassMutual reimburses employees up to $1,250 per year for eligible expenses supporting mental, physical, and financial well-being.

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Taking Care

MassMutual offers generous maternity and parental leaves, as well as bereavement leave to mourn the loss of a loved one (and the employee defines 'loved one'). In addition, we offer up to 320 hours of caregiver leave to help employees support loved ones in times of need.

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Giving Back

MassMutual offers three paid days for employees to volunteer with eligible nonprofits of their choice, and the MassMutual Foundation matches employee donation dollars to eligible nonprofit organizations up to $5,000 annually.

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Financial Well-being

In addition to competitive salaries and bonuses, educational assistance programs, and much more, MassMutual offers up to a 10% total 401(k) benefit, consisting of a 5% company match and a 5% annual contribution.

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Commuter Benefits

MassMutual offers a Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars, as well as a commuter wallet option for employees based at Boston and NYC campuses.

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Paid Time Off

In addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to care for yourself or someone you love—whether for physical illness or mental health.

Benefits Details pdf

How are you using your Well-Being Wallet?

Each year MassMutual reimburses employees up to $1,250 for purchases supporting mental, physical, and financial well-being. Here, employees share how they're making the most of this benefit.

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Catherine

Change Management Consultant

Rodney

Information Risk Consultant

Alisha

Learning & Performance Consultant

Megan

HR Business Partner

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