Hagerty
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Hagerty Compensation & Benefits
This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.
How are the compensation & benefits at Hagerty?
Strengths in family support, core health coverage, and retirement programs are accompanied by challenges around compensation fairness, modest increases, and sparse incentives. Together, these dynamics suggest benefits bolster overall value while pay competitiveness and progression constraints temper satisfaction.
Positive Themes About Hagerty
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Parental & Family Support: Parental leave offerings include 12 weeks paid maternity leave, 4 weeks paid spousal/partner leave, adoption assistance, and a phased return to work. These elements signal strong support for family needs.
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Healthcare Strength: Medical, dental, and vision coverage are presented as comprehensive and paired with standard paid leave programs. This breadth forms a strong core health benefits foundation.
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Retirement Support: A 401(k) program with company matching and an Employee Stock Purchase Program are part of the package. These programs enhance long-term financial security and ownership opportunities.
Considerations About Hagerty
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Unfair & Opaque Compensation: Pay is considered below industry standards in many roles, with cases where new hires start above tenured employees. These patterns raise concerns about internal equity and overall fairness.
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Stagnant Pay & Limited Progression: Annual increases are characterized as small and not keeping pace with living costs. This limits perceived progression even for strong performers.
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Weak & Unreliable Incentives: Bonuses and other variable pay are described as limited or absent for many roles. This diminishes the perceived linkage between effort and rewards.
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