Putnam is recognized for its comprehensive benefits, one of the most flexible programs available anywhere.
Putnam provides employees and their families with a choice of medical and dental coverage options that include substantial company subsidies. We offer two medical options: A Preferred Provider Organization (PPO) options, or a Consumer Directed Health Plan (CDHP) with a discretionary employer contribution into a Health Savings Account (HSA), along with high-option or low-option dental insurance coverage.
Putnam is committed to building a culture of health and wellness through programs designed to engage employees and initiate or expand healthy lifestyle choices.
The company provides employees with two times base salary in life insurance, 60% of total covered compensation in long-term disability insurance, and coverage under numerous optional plans.
Pretax and Roth 401(k) options, with company matching contributions of up to 5% of eligible pay. Putnam has also historically offered an annual discretionary employer contribution based upon business results.
Putnam offers a variety of programs to help employees achieve a balance between work and personal life, including
- Flexible spending accounts (with a debit card)
- Tuition and CFA reimbursement assistance program
- Adoption assistance program
- Backup child care (in-home and site-based)
- Elder care services
- Pretax commuter pass program
- Generous vacation and time off programs