At Westwood, we believe a well-designed Total Rewards program aids in attracting, motivating, developing and retaining employees. Westwood has a wide variety of benefits, programs and initiatives that go beyond competitive compensation, comprehensive health and insurance benefits and retirement savings to encourage personal or career development as well as work-life balance. Our employees enjoy a working environment that supports professional and personal growth, thereby enhancing firm productivity and employee satisfaction.
At Westwood, we want our employees to pursue a healthy work-life balance. Our paid time off benefit provides employees with ample time. In addition, we are closed for all holidays observed by the New York Stock Exchange.
Westwood offers the opportunity for employees to work remotely from home for a limited amount of days each month.
Westwood offers commuter benefits, gym reimbursements, and cell phone reimbursements which ease some of the burden of working in our modern society while also helping employees pursue healthy lifestyle habits.
To assist in your career development, we also offer reimbursement for memberships in organizations related to your field of expertise, courses taken to prepare for a certification or licenses, and continuing education hours required to maintain licenses and certificates.
We applaud our employees who are making the world a better place. As part of this commitment, we support financially and through volunteer hours, causes that our employees are passionate about and match personal donations.
Westwood provides life and disability insurance to all employees and the option to elect additional life insurance for themselves and their dependents.
Westwood offers both maternity and parental leave. These paid leaves allow new parents the opportunity to bond with their baby. Maternity leave is up to 12 weeks and the parental leave is up to four weeks.
Westwood offers Adoption Assistance for those looking to adopt. Additionally, Westwood offers employees and dependents assistance through a variety of programs which include: EAP (Employee Assistance Program offering confidential information and counsel), Travel Assistance Program, LifeKeys Support Service and Patient Advocacy Services.
Westwood offers comprehensive health and insurance packages to employees that allows them to elect coverage to suit their family’s needs. Coverage includes medical, dental, vision, flexible spending accounts, and health savings accounts. Within our health insurance, Westwood provides comprehensive medical support to assist with fertility.
Employees receive a competitive salary, may receive an additional cash bonus and long-term incentive award.
Every employee has the potential to make significant contributions and grow a career at Westwood.
Saving today means a secure retirement. Eligible employees may participate in the Retirement Savings Plan, a safe harbor 401(k) plan that offers three ways to save: pre-tax deferral, after-tax Roth deferral, or both. An employer matching contribution of up to 6% of the employee’s contribution is also an important component of our program. Additionally, Westwood contributes an additional 1% towards retirement if an individual is non-highly compensated per the IRS and contributes 7% towards the plan.
We are dedicated to helping our employees learn and grow. Our small company environment means you’ll have direct interaction and the ability to learn from colleagues and management who all care about your long-term career at Westwood. Monthly talks, lunch and learns and other periodic learning opportunities provide employees with specific knowledge and the chance to interact with senior leadership and learn more about relevant trends in the industry and Westwood.
To meet the changing needs of our employees and clients, Westwood provides employees with various ways to grow their skills with continuing education and training.
Job specific development and training: Employees receive on-the-job training and mentoring from their supervisor and those whom they will work closely with.
However, throughout your career at Westwood, we are committed to helping you grow with a variety of tools. Performance appraisals and the feedback these processes provide, which are conducted twice a year, allow employees and their managers to guide careers in a variety of ways that benefit both Westwood and the employee with a long-term partnership. We want Westwood to be a place where employees feel they can grow and build a long-term career.
For those looking to further their education, our tuition reimbursement program assists employees seeking their degree while our certification and license reimbursement program ensures employees have specific knowledge in their area of expertise, for example, CFA, CFP or CIPM*. And because we want you to be successful, employees seeking job-related certification and licenses may also receive paid absences from work to take exams and attend continuing education courses.
Additional information can be found in our Careers section
* CFA = Chartered Financial Analyst; CFP = Certified Financial Planner; CIPM = Certificate of Investment Performance Measurement
Westwood cares about the well-being of our employees. To encourage and support our people, we also offer a variety of other benefits that encourage employee satisfaction at work and allows employees to participate in our traditions and enrich our culture.
The Westwood Cares Community Volunteer Program has been established to encourage and inspire our employees to volunteer in our communities. Through this program, Westwood provides eligible employees the opportunity for paid time off to volunteer four hours per month during working hours.
Westwood Cash Matching Gift Program:
The Westwood Cash Matching Gift Program has been established to encourage and magnify our employees’ charitable donations as well as to support the organizations that inspire our employees to contribute. Through this program, Westwood gives employees the opportunity to determine a portion of the Corporation’s gifts to charities.
Transparency in coverage
This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators and application developers to more easily access and analyze data.
Anti-Harassment Policy and Complaint Procedure:
The Company is committed to a work environment where all individuals are treated with respect and dignity. The Company expects that all relationships, including among persons in the office, vendors, contractors or clients, will be business-like and free of bias, prejudice and harassment. Unlawful harassment and discrimination are expressly prohibited and will not be tolerated by the Company (formal channels to report nor will Company tolerate discrimination/retaliation).
* The Company is an equal opportunity employer to all employees and applicants for employment. All employment decisions will be made without regard to race, color, religion, sex and national origin. Employment decisions are based solely on employees’ qualifications, merit and performance, subject to the business requirements of the Company.
