Wasabi Technologies

500 Total Employees
Year Founded: 2017

Wasabi Technologies Compensation & Benefits

Wasabi Technologies Employee Perspectives

How does your employer ensure its pay and bonus plans are competitive? 

To ensure Wasabi’s pay and bonus plans remain aligned with the market, we conduct annual compensation studies using third-party data to benchmark our roles against industry standards. That data helps us establish pay bands that reflect current market conditions across geographies and functions. 

Individual compensation is determined based on factors such as experience, skills, location and internal parity. Base pay is one part of our broader total rewards approach, which can also include bonus and variable compensation opportunities such as equity and a comprehensive benefits package designed to support both professional growth and personal well-being. 

We review compensation regularly to ensure employees are positioned appropriately within those bands based on experience, performance, and scope of responsibility while maintaining internal equity.

 

Which benefit delivers the most value — and how do you know?

Flexible schedules and our remote work model are two benefits that consistently deliver the most value at Wasabi, and our employee feedback reflects that clearly. In our most recent engagement survey, 95 percent of employees responded favorably to the statement: “I have the flexibility I need to balance my work and personal life.” 

Given Wasabi’s employee retention rate of 91 percent, we also see a strong connection between flexibility and employee engagement. Employees who feel they have the autonomy to manage their own schedules tend to report higher engagement and a stronger intent to stay, which has a meaningful impact on both retention and culture. 

Our remote-first approach allows us to hire great talent regardless of location, and removing the constraints of a daily commute gives people more control over how and when they do their best work. 

Flexibility is all about trust. When employees are empowered to manage their work in a way that fits into their lives, they show up with a strong sense of ownership and commitment. That balance between autonomy and accountability has become an important part of how we support both performance and well-being.

 

Does your employer offer stock or equity, and is it considered competitive? 

Wasabi is a privately held company that grants stock options to full-time team members at the time of hire, providing the opportunity to participate in the company’s long-term growth. We view equity as a compelling and valuable component of our overall compensation package. 

Employees are also provided with clear documentation and resources explaining how stock options work, what vesting means, and how exercising options fits into broader financial planning, helping to ensure they feel informed and confident in understanding their equity awards.

Amanda Murray
Amanda Murray, Senior Manager, People Operations

Wasabi Technologies's Benefits

Offers employee stock purchase plan

Offers performance bonuses

Offers childcare benefits

A pre-tax dependent care expense account allows contributions up to $5,000 including day care, preschool, babysitting and adult care.

Offers generous parental leave

Provides an onsite Mother's Room

Provides family medical leave

Offers dental insurance

Dental coverage through Delta Dental covers 100% of preventative care.

Offers Flexible Spending Account (FSA)

Wasabi employees can set aside a portion of earnings to pay for qualified health expenses, pre-tax up to $2,750 annually.

Offers health insurance

Wasabi's health insurance plan with BCBS offers flexible HMO and PPO options, as well as a health reimbursement account that covers half of the deductible upon enrollment in the medical plan.

Offers mental health benefits

Offers pet insurance

Offers vision insurance

Comprehensive coverage of eye exams, prescription glasses, and contact lenses.

Offers 401(K)

401(k) offered through Fidelity includes both traditional (pre-tax) and Roth (post-tax) options

Offers disability insurance

Both short-and-long-term disability offered through The Hartford based on 60% of basic weekly earnings not to up to $2,000 per week for short term, and $10,000 monthly for long-term.

Offers life insurance

Wasabi covers 100% premiums on life insurance offered by The Hartford, with a payout of 1x annual earnings up to $200,000.

Provides 401(K) matching

Wasabi's 401(k) retirement plan matches 50% on the first 4% of employee contributions.