MetLife
MetLife Compensation & Benefits
Frequently Asked Questions
MetLife supports competitive pay through a total rewards approach that combines base salary, annual incentives, long-term incentives and benefits designed to support financial security and well-being. The company emphasizes pay-for-performance as part of its compensation philosophy. (MetLife Sustainability Report people content; MetLife benefits content)
- Performance-based total rewards: MetLife’s compensation programs include base salary, annual incentives and long-term incentives, with regular pay reviews designed to align rewards with performance and role expectations. A long-tenured sales executive described MetLife as an “amazing company” with “top-notch pay, PTO, and benefits,” while an IT manager cited competitive pay and a yearly performance bonus as part of the employee experience. (MetLife Sustainability Report people content; external employee reviews)
- Benefits that strengthen the rewards package: MetLife pairs compensation with benefits that support employees’ health, family needs and long-term financial security. Offerings include a 401(k) match, pension (U.S.), family support resources and no-cost legal help. A financial consultant highlighted MetLife’s “great and talented people,” work-life balance and strong benefits, reinforcing how benefits contribute to the overall value of working at the company. (MetLife U.S. workplace and benefits content; external employee reviews)
- Long-term value and financial security: MetLife’s rewards approach reflects its broader focus on helping employees build financial confidence. In addition to retirement benefits such as 401(k) match and pension (U.S.), the company offers annual incentives and long-term incentives for eligible employees. A sales trainee described MetLife as a supportive, fast-paced environment that recognizes hard work, connecting performance, development and rewards. (MetLife Sustainability Report people content; external employee reviews)
- External signals:
- Strong Total Rewards Package: Employees on external review sites cite competitive pay, yearly performance bonuses and strong benefits as strengths. Compensation ranked in the top 5 percent of companies with 10,000+ employees, with 85 percent of employees surveyed saying they are satisfied with their benefits. (Comparably; External employee reviews)
- Accessible Annual Bonus and Raises: Employees surveyed on external review sites report broad access to annual bonuses, with all respondents saying the company gives annual bonuses (Comparably)
Bottom line: MetLife keeps compensation competitive by combining pay-for-performance, annual and long-term incentives, regular pay reviews, retirement support and benefits that help employees build financial security over time.
MetLife's Candidate Tradeoffs
If you’re weighing whether MetLife is the right fit, these are the core tradeoffs to consider.
- MetLife places greater emphasis on comprehensive, top-tier benefits than on accelerating compensation growth year over year.
MetLife Employee Reviews
What People Are Saying About MetLife
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Retirement Support: Retirement programs include a 401(k) with employer match alongside a company-funded pension for eligible U.S. roles, with an auxiliary match referenced for higher earners. This combination is described as uncommon and valuable among large U.S. employers.
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Healthcare Strength: Health coverage spans company-paid and subsidized medical, dental, vision, disability, and life insurance, complemented by an EAP and no‑cost condition‑management programs (e.g., cancer care, diabetes, musculoskeletal, family‑building). These resources position core coverage and wellbeing supports as a standout element of the package.
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Parental & Family Support: Time‑off and family programs include competitive PTO, paid parental leave (commonly cited at up to 8–10 weeks for eligible U.S. employees), and caregiving supports such as backup child and elder care and adoption assistance. Additional supports like family‑building services and resources for traveling nursing parents are also highlighted.
MetLife's Benefits
Offers company equity
Offers competitive compensation and rewards package
Offers performance bonuses
Provides home-office stipend for remote employees
Hosts company-sponsored family events
Offers childcare benefits
Offers generous parental leave
Provides adoption assistance
Provides family medical leave
Offers dental insurance
Offers Flexible Spending Account (FSA)
Offers health insurance
Offers mental health benefits
Offers pet insurance
Offers vision insurance
Offers 401(K)
In addition, employees who work at least 1,000 hours in a 12-month period become eligible to participate in the Retirement Plan after their first year of employment and after they have reached age 21.
Offers charitable contribution matching
Offers disability insurance
Offers life insurance
Provides 401(K) matching