UL Solutions
UL Solutions Compensation & Benefits
Frequently Asked Questions
UL Solutions takes a structured approach to compensation by reviewing pay regularly, benchmarking rewards against external market data and linking incentive compensation to company and employee performance. Its Total Rewards framework is designed to balance competitiveness with the industry, fairness and consistency across a global workforce.
- Annual market reviews guide base pay: UL Solutions conducts formal compensation reviews each year and benchmarks pay against market data to help keep salaries competitive by role and geography. Its Total Rewards framework includes an annual global salary review process and ongoing external compensation benchmarking to align pay with market conditions.
- Bonuses are broadly tied to performance: All full-time employees participate in UL Solutions’ performance incentive program, creating a direct connection between individual contribution, business results and annual rewards. Employees also point to the annual incentive bonus as a meaningful part of the compensation package.
- Pay practices are designed around fairness and transparency: Compensation reviews are intended to keep employees within a competitive range for comparable roles in their region, while recruiters communicate pay expectations during candidate conversations and managers discuss compensation in one-on-ones. This gives employees clearer visibility into how pay is determined and how performance connects to rewards.
- Total rewards extend beyond base salary: UL Solutions supplements pay with retirement benefits, health coverage, paid time off, stock-purchase opportunities and other regionally adapted benefits. The company also reviews employer contributions and benefits against market data annually, supporting a broader view of what competitive compensation looks like, outside of base salary.
- External signals:
- Bonus value: Employees highlight the annual incentive bonus as a positive part of the compensation package. (Comparably)
- Benefits satisfaction: 76% of employees report being satisfied with their benefits, and perks and benefits earn an A- rating, placing UL Solutions in the top 15% of similarly sized companies. (Comparably)
- Benefits strength: Recent employees also cite strong benefits as a workplace advantage. (Glassdoor)
Bottom line: UL Solutions supports competitive pay through annual market reviews, regional benchmarking, broad incentive eligibility and regular benefits benchmarking, while employee feedback shows particularly strong satisfaction with bonuses and benefits.
UL Solutions offers a broad, regionally adapted benefits package designed to support employees’ health, financial security, time away from work and overall well-being. In the U.S., the package combines healthcare and retirement benefits with paid leave, mental health resources, volunteer time and other programs that support employees both at work and in their personal lives.
- Health and financial benefits cover core needs: U.S. employees have access to medical, dental and vision insurance, along with health savings and flexible spending accounts. UL Solutions also offers life and disability insurance, while its 401(k) program includes company matching and additional employer retirement contributions for eligible employees.
- Time off supports life outside work: UL Solutions provides vacation, paid holidays, sick time and paid volunteer time, with employees receiving up to 16 hours annually to support charitable organizations. Flexible work arrangements are also available for eligible roles, giving employees additional options for balancing professional and personal responsibilities.
- Well-being support goes beyond medical coverage: Employees have access to an Employee Assistance Program and Healthy Minds, a global resource that provides mental health and wellness tools, events and regularly updated resources. UL Solutions incorporates employee health, safety and well-being into its broader workplace strategy rather than treating wellness as a standalone benefit.
- Family and community benefits add another layer of support: Eligible U.S. employees can access paid parental bonding leave, paid family leave and adoption assistance. UL Solutions also encourages employees to connect benefits with its mission through paid volunteer time and partnerships with organizations such as Habitat for Humanity and Ronald McDonald House Charities.
- External signals:
- Strong benefits sentiment: Perks and benefits earn an A- rating, placing UL Solutions in the top 15% of similarly sized companies, with 76% of employees reporting satisfaction with their benefits. (Comparably)
- Positive employee feedback: Recent employees highlight strong benefit options, flexible schedules and healthy work-life balance as advantages of working at UL Solutions. (Glassdoor)
Bottom line: UL Solutions offers a well-rounded benefits package that combines healthcare, retirement support, paid leave, flexibility, mental health resources and family benefits, with particularly strong external employee sentiment around the overall perks and benefits experience.
UL Solutions gives employees opportunities to participate in the company’s financial performance through an employee stock purchase plan.
- Employees can purchase UL Solutions stock: UL Solutions operates an employee stock purchase plan in the United States and across many of its major operating regions, giving eligible employees a way to become shareholders and participate in the company’s long-term financial performance. This adds an ownership component to a rewards package that also includes salary, annual incentives and benefits.
- Stock sits within a broader performance-based rewards model: UL Solutions includes full-time employees in its annual performance incentive program and conducts regular compensation reviews, making cash compensation and bonuses significant components of the overall rewards structure. The employee stock purchase plan provides an additional way to share in company performance.
- Public-company growth creates an ownership opportunity: Since becoming publicly traded in 2024, UL Solutions has continued to grow revenue and generate strong cash flow. In Q2 2026, revenue increased 5.2% to $816 million, adjusted EBITDA increased 11.2% and the company continued investing in long-term growth, giving employees who participate in the stock purchase plan exposure to the company’s financial trajectory.
- External signals:
- Broader rewards strength: Perks and benefits receive an A- rating and rank in the top 15% among similarly sized companies, while 76% of employees report satisfaction with their benefits. (Comparably)
Bottom line: UL Solutions offers employees a meaningful opportunity to participate in company ownership through its employee stock purchase plan, but direct equity varies by role. Stock is one component of a broader total rewards package.
What People Are Saying About UL Solutions
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Retirement Support: Retirement benefits are often characterized as a strong point, with a 401(k) plan noted for employer matching and overall favorability. Given indications of recent changes, confirming the current match and vesting terms is prudent, but retirement support is frequently viewed as a relative advantage.
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Leave & Time Off Breadth: Vacation and paid time off are described as competitive, including starting PTO, separate sick time, floating holidays, and company‑paid volunteer days. Official materials also highlight paid parental bonding and family leave in the U.S.
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Strong & Reliable Incentives: Annual incentive bonus eligibility is positioned as company‑wide in official materials, making variable pay a meaningful part of total rewards. Some roles publicly specify target bonuses, underscoring the program’s presence.
UL Solutions's Benefits
Offers company equity
Offers competitive compensation and rewards package
Offers employee stock purchase plan
Offers performance bonuses
All UL Solutions employees are eligible to participate in an annual bonus program that rewards employees for contributing to the company's business success..
Provides pay transparency
Offers generous parental leave
UL Solutions offers six weeks of paid parental bonding leave to birth and adoptive parents to enable them to spend time with their newborn or newly adopted children.
Provides adoption assistance
UL Solutions offers an adoption assistance benefit to eligible employees to help cover costs associated with adopting a child.
Provides family medical leave
UL Solutions offers a paid family leave, which enables eligible employees to request up to four weeks of paid time off to care for and assist an eligible family member.
Offers dental insurance
Cigna dental plan covers the following at 100% per calendar year: Two exams, including cleanings, one flouride treatment and sealants (per tooth) limited to dependent children; one set of x-rays.
Offers Flexible Spending Account (FSA)
UL Solutions Flexible Spending Account helps employees cover out-of-pocket medical, dental, vision or to pay day care expenses with pre-tax contributions of up to $5,000 annually.
Offers health insurance
UL Solutions Health Plans pay over 75% of medical coverage and offers a choice of two high deductible health plans and a PPO plan, administered by United Healthcare.
Offers mental health benefits
In addition to our EAP, UL Solutions has an internal site for employees to access support and resources for mental health and wellbeing. The site is updated monthly with events and activities.
Offers pet insurance
Offers vision insurance
UL Solutions offers affordable vision insurance through EyeMed
Offers 401(K)
All UL Solutions employees can utilize the 401(k)-retirement savings plan to save for future financial needs.
Offers disability insurance
UL Solutions offers Short-Term Disability coverage and Long-Term Disability insurance.
Offers life insurance
UL Solutions provides life and accidental death and dismemberment (AD&D) insurance, each equal to an employee's annual salary at no cost to you. Employees can purchase additional coverage.
Provides 401(K) matching
UL Solutions matches pre-tax/Roth 401(k) contribution dollar for dollar up to 3% of base you contribute and then 50 cents for dollar between 3-7%, for a total of 5% matching contribution.