Survey Names MassMutual Massachusetts’ Most Coveted Employer

When it comes to why people jump ship to a new job, a fatter paycheck often steals the spotlight. But dig a little deeper, and it’s clear that salary isn’t the whole story. Benefits like health insurance, paid time off, or even quirky extras like free snacks can tip the scales just as much.

In a world where top-tier positions with sky-high wages aren’t always up for grabs, employers are left wondering: what else can convince workers to stick around? What makes a job feel less like a grind and more like a place worth staying for? Careerminds, a global outplacement and career-development firm, set out to pinpoint the perks that truly matter, polling 3,023 workers to reveal the top companies nailing employee retention, and why.

Bay Staters’ three most coveted employers are MassMutual in Springfield, followed by Biogen and HubSpot, both in Cambridge.

MassMutual is known for solid retirement benefits, automatically contributing 10% of pay into a retirement plan, regardless of employee contributions, on top of 401(k) matching, while offering a rare cash-balance pension for guaranteed income. New hires see this 10% boost immediately, alongside a $1,250 yearly wellness stipend for gym memberships or financial tools.

“In an era of vanishing pensions, MassMutual’s focus on long-term security, plus modern perks like student-loan help and generous leave, makes it a standout employer in Massachusetts, blending stability with forward-thinking support,” Careerminds noted.

Nationally, the top five companies to work for, based on perks and benefits, are Google, Coca-Cola, Ben & Jerry’s, Hawaiian Airlines, and Nike, according to the Careerminds survey.