Companies Haemonetics

Haemonetics

Boston, Massachusetts, USA

1,993 Total Employees

Year Founded: 1971

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Haemonetics Compensation & Benefits

Updated on February 06, 2026

This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.

How are the compensation & benefits at Haemonetics?

Strengths in healthcare coverage, retirement support, and breadth of time off are accompanied by concerns about compensation levels, pay growth, and uneven benefits access for certain worker groups. Together, these dynamics suggest a total rewards package that is competitive on benefits yet inconsistent on pay fairness and progression, resulting in a mixed overall experience.

Positive Themes About Haemonetics

Healthcare Strength: Health and welfare coverage, including medical, dental, vision, and disability, is often characterized as very good or generous. This breadth of protection strengthens perceived total rewards.
Retirement Support: A 401(k) with employer match and immediate vesting is positioned as a notable financial perk. This structure supports long-term savings for employees.
Leave & Time Off Breadth: Salaried roles use flexible time off, while hourly roles accrue multi‑week vacation, dedicated sick time, and paid or floating holidays. Parental leave further extends time‑away support for families.

Considerations About Haemonetics

Unfair & Opaque Compensation: Pay is considered below market in some areas, with statements of being underpaid and pay not where it should be. Concerns also cite compensation as misaligned with the high importance placed on quality and product safety.
Stagnant Pay & Limited Progression: Low raises and slow advancement are a recurring concern, including small annual increases that limit income growth. This dynamic dampens long‑term earnings trajectories.
Exclusive or Unequal Benefits Coverage: Access to benefits appears uneven for some employment types, with temporary workers lacking employer‑provided coverage and shouldering significant costs. Such disparities reduce the practical value of the benefits package for affected groups.

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The insights on this page are generated by submitting structured prompts to some of the most popular large language models (“LLMs”) and summarizing recurring themes from the responses. Because the insights are generated using AI, they may contain errors. The insights do not necessarily reflect internal data, employee interviews, or verified company information. They may be influenced by incomplete, outdated, or inaccurate data, and may vary across LLM providers. These insights are intended for informational purposes only and should not be interpreted as a factual or definitive assessment of a company's reputation. Built In makes no representations or warranties regarding the accuracy, completeness, or reliability of this information, and disclaims any liability for any actions taken based on this information. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.

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