Companies Webster Bank

Webster Bank

Stamford, Connecticut, USA

4,708 Total Employees

Year Founded: 1935

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Webster Bank Compensation & Benefits

Updated on February 06, 2026

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 Webster Bank?

Strengths in time-off breadth, healthcare depth, and retirement support are accompanied by challenges in base-pay fairness, cost of benefits, and pay progression. Together, these dynamics suggest a total rewards package that is valued for its breadth but tempered by concerns over compensation competitiveness and affordability.

Positive Themes About Webster Bank

Leave & Time Off Breadth: PTO, holidays, and volunteer days are generous, with paid parental leave included to support time away needs. Flexibility such as hybrid/telecommuting options further strengthens time-off usability.
Healthcare Strength: Health coverage spans medical, dental, and vision with HSA/FSA options, telemedicine, wellness incentives, health coaching, and an EAP. The offering is positioned as comprehensive within a broader Total Rewards framework.
Retirement Support: Retirement programs include a company 401(k) match and an employee stock purchase plan. Financial education and employee banking discounts add to long‑term financial support.

Considerations About Webster Bank

Unfair & Opaque Compensation: Pay is considered below market in several areas and not comparable to skill level. Perceptions of compensation fairness and transparency lag relative to similar firms.
High Benefits Costs: Benefits are described as good but expensive, which dampens perceived value. Affordability concerns contribute to mixed sentiment about the overall package.
Stagnant Pay & Limited Progression: Raises are described as stagnant in places, limiting progression over time. Advancement in compensation is not consistently experienced across roles.

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The insights on this page are generated by submitting structured prompts to some of the most popular large language models (“LLMs”) and summarizing recurring themes from the responses. Because the insights are generated using AI, they may contain errors. The insights do not necessarily reflect internal data, employee interviews, or verified company information. They may be influenced by incomplete, outdated, or inaccurate data, and may vary across LLM providers. These insights are intended for informational purposes only and should not be interpreted as a factual or definitive assessment of a company's reputation. Built In makes no representations or warranties regarding the accuracy, completeness, or reliability of this information, and disclaims any liability for any actions taken based on this information. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.

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