Underscoring its commitment to employee well-being and innovative workplace practices, WP Engine has been named a 2023 Best Employer by Gallagher, a global leader in insurance, risk management and consulting services.
As more employers turn to people-driven success strategies to deliver greater value and drive employee retention, this accolade not only underscores WP Engine’s commitment to creating a supportive and dynamic work environment, but also places it among the elite companies leading employee-centric success strategies.
Read more about Gallagher’s best-in-class selection process and what led to WP Engine being recognized in Gallagher’s latest annual report.
Gallagher & best in class benchmarking analysis
One of the world’s leading insurance, risk management, human resources and employee benefits consulting firms, Gallagher evaluates the full spectrum of employee benefits when selecting best-in-class employers.
The company’s evaluation process goes beyond standard benefits such as compensation and health care, also considering how employers support employee health, financial security and career development to strike the right balance between personal well-being and productivity.
This year, Best-in-Class recognition extended to 381 mid-sized and 112 large top-performing employers who demonstrated exemplary dedication to enhancing the employee experience.
Gallagher compiled his findings in the annual US Labor Force Trends Reports for 2023, which can be downloaded here.
Selection Process & Survey Results
Data collected from Gallagher’s 2023 US Benefits Strategy and Benchmarking Survey is analyzed to narrow down the final list of best-in-class employers. The characteristics of the company are evaluated based on three categories:
- Organizational well-being: refers to whether a company views employees as a central driver of business success and gives back to those employees through organizational benefits such as lower health care costs and diversity, equity and inclusion (DEI) programs.
- Physical & Emotional Wellbeing: this category is about investing in employees through more comprehensive benefits, including recognizing the right work-life balance through strong leave policies or additional benefits that promote employee wellness.
- Career and Financial Wellbeing: the final criterion includes a company’s investment in employee career development, whether through financial planning assistance, continuing professional education, or simply creating intentional efforts that help employees align their work with their professional and financial goals.
Of the more than 1,400 midsize employers that answered the full set of survey questions, the top 24 percent were awarded best-in-class status, with only six midsize employers in the Austin area—including WP Engine— are gaining recognition this year. The report also identified some high-level trends among best-in-class employers.
Top mid-sized employers were more likely than their peers to have flexibility in their work environment, with 78% offering a hybrid work model. In fact, 53 percent of top employers in the mid-sized category, including WP Engine, have a fully remote workspace compared to only 40 percent of other respondents.
“At WP Engine, we understand that our people are our greatest asset. This award underscores the company’s commitment to the overall well-being of our employees,” said WP Engine Sr. Director of Total Rewards Priya Bhavsar.
“In recent years, we’ve doubled down on that commitment, implementing several new benefits programs and taking a more holistic approach to meeting the needs of our employees.”
Gallagher Best-in-Class employers were also more likely to offer stress management or meditation resources, better access to specialized health professionals (such as mental health or reproductive specialists), and financial planning or wealth management resources.
How WP Engine rose to best-in-class status
WP Engine’s comprehensive framework of employee resources—including robust health care plans, 401k matching, clear career planning documentation, purposeful additional offerings, and a strong diversity, equity, and inclusion program—have helped the company achieve the best position in category.
A variety of health care plan options are available to all employees, both for individual and family coverage. For those who choose HSA accounts, the company contributes funds to these accounts annually to further reduce health care costs for employees ($750 for employee-only plans and $1,500 for family plans).
Specialty coverage is also included in WP Engine’s healthcare plans, including mental health services that can be initiated via telehealth and three months of COBRA coverage for dependents in the event the policyholder passes away.
In addition to six weeks of paid leave for employees caring for a sick family member and 16 weeks for primary caregivers who welcome a new family member (whether through birth, surrogacy or adoption), all employees benefit from a Day Wellness every quarter. These are days we build into our business schedule to give employees extra time to rest and recharge.
Our remote-first working environment has become valuable to both our remote team members and those living near one of our global offices, as the need for flexibility has been recognized as a top priority for both current and for future WP Engine employees.
Additionally, the WP Engine Career Compass is a set of resources designed to guide employees through their careers at WP Engine, providing a roadmap and clear directions to show individuals how to advance their careers within the company.
Other employee resources include a 401k match, wellness spending accounts, Calm memberships and the Employee Assistance Program (EAP). The EAP provides 24/7 access to financial support, mental health and wellness services, as well as a voluntary, optional legal benefit that equips employees with quality legal advice when facing common challenges such as estate planning or civil lawsuits.
WP Engine’s DEI offerings include several unique employee resource groups tailored to the lived experiences of our employees, focused on building community and providing educational experiences for employees from all walks of life.
These groups have provided great value to WP Engine employees by providing training on alliances with demographics that are underrepresented in the tech community, as well as broader topics such as advice for first-time homebuyers and people looking to invest or build their finances. the portfolios.
All of these benefits and resources have helped establish WP Engine as a best-in-class Gallagher company.
Create world-class experiences with WP Engine
WP Engine prides itself on providing not only a world-class customer experience but also a vibrant work environment for our employees.
Check out our open roles if you’re looking for your next career opportunity with a best-in-class employer.
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