Companies Hagerty

Hagerty

Golden

Total Offices: 3

1,514 Total Employees

Year Founded: 1983

View Website

Similar Companies Hiring

Globe Life

Insurance • Financial Services

5 Offices

3000 Employees

MassMutual India

Big Data • Fintech • Information Technology • Insurance • Financial Services

Hyderabad, Telangana

Granted

Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence

New York, New York

23 Employees

Hagerty Compensation & Benefits

Updated on April 01, 2026

This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about Hagerty and has not been reviewed or approved by Hagerty.

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.

Key Insight for Candidates

Defining tradeoff: Hagerty often pairs below‑market cash pay and modest raises with unusually robust, culture‑aligned benefits (flexibility, family leave, wellness stipends, automotive perks). This matters because satisfaction depends on whether those perks meaningfully offset slower pay growth and heavier workloads.

Evidence in Action

2-4% Merit Raises — Recurring employee feedback cites 2-4% raises as the typical annual merit increase, often below market pace. This slows earnings growth, fuels compression when new hires start higher than tenured staff, and reduces perceived pay fairness.
Hagerty CARes Volunteer Time — Hagerty CARes grants 16 hours paid community service annually, aligned with 10% of net revenue donated to hobby preservation. This institutionalizes purpose-driven time off and reinforces brand-aligned rewards, boosting engagement and pride without affecting base pay.

Positive Themes About Hagerty

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.
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.
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

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.
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.
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.

NEW

What does AI tell candidates about your employer brand?

Get your free AI reputation report today.

See AI Report

These insights are generated using AI and may not reflect internal data or verified company information. They are intended solely for general informational purposes and should not be considered a definitive assessment of the company’s reputation. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.