Compensation and Benefits
More than you can imagine
Think all benefits packages are the same? Think again. We're proud to offer a highly competitive benefits package and an exceptional pay-for-performance program.
Health and Welfare Benefits
In synch with the needs of you and your family, we offer extensive, market-competitive benefits, including:
- Prescription Drug
- Flexible Spending Accounts (FSA)
- Paid Time Off
- Short/Long-term Disability
- Child Care Discounts
- Discounted Personal Insurance
- Educational Assistance
- Financial Planning
- Legal Services
- Long-term Care
- Employee Assistance Program
- Identity Theft Reimbursement
Savings and Retirement Plans
Travelers offers both a pension and a 401(k) program. Eligible participants are automatically enrolled in both plans. The pension plan is funded 100 percent by Travelers. The 401(k) program includes pre-tax and Roth options and has a company matching contribution of up to 5 percent.
In some of our locations, our employees enjoy the convenience of on-site fitness centers, day care, coffee shops, ATMs, dry cleaning, video rental and more.
At Travelers, our compensation programs are designed to attract, motivate and retain the best people that can help achieve the Company's business goals. We believe strongly in linking compensation to company, market, business unit and individual performance. An employee's compensation package could be made up of the following elements, depending on the employee's level and responsibility:
- Base pay
- Variable compensation (bonus or rewards and recognition)
- Stock-based incentives