MarketAxess Compensation & Benefits

Your quotable take on the most valuable benefit your employer offers?

I am really proud of our overall competitive programming. What stands out is our 401(k) matching program for our U.S. employees. We match dollar for dollar up to $17,500, which was an increase in the previously offered $10,000. Globally, employees value our flexible wellness stipend. This offering, along with our many other wellness initiatives, allows us to continue to promote healthy living. 

I think that goes hand in hand with our five-year anniversary leave benefit that rewards eligible employees with a two-week sabbatical in addition to PTO, acknowledging their long service. This allows employees to take extended time off to re-energize or even get to take the holiday they’ve never gotten around to making happen! A colleague in compliance spent his sabbatical driving through Italy with his wife and children. Another colleague in finance spent hers in Australia learning to surf and finally seeing the Great Barrier Reef. A fellow HR employee spent his first sabbatical traveling Tel Aviv and Cairo and the second celebrating his 10-year anniversary in Japan. It makes me so happy that we can offer these benefits, but seeing them being used in this way is truly incredible.

How do managers encourage employees to leverage these benefits?

A good manager is someone who encourages you to be your best authentic self at work, one who motivates you and pushes you to learn and grow in your career while supporting your well-being. I believe managers set the precedent and therefore should utilize employer benefits and resources available. Organization-wide, work-life balance is highly valued. While five vacation days can be rolled over to the next year as personal days, employees are encouraged to take all of their allotted time off. 

Toward the end of the year, when certain parts of our business are slower, reminders to take and track PTO are circulated via our intranet, and managers reiterate those sentiments to their department. We know that each employee plays a pivotal role in our business, but taking time off and truly unplugging is just as important. Our people leaders work closely with HR to ensure there is coverage of responsibilities when members of their team are out. Even at a high level, managers across the board encourage their teams to stay engaged with our intranet so that they stay abreast of our HR initiatives and benefits.

The Impact of MarketAxess's Benefits By the Numbers

• Roughly 75 percent of eligible employees used the company’s wellness stipend in 2024
• Over 90 percent of employees participate in the company’s 401(k) plan, and over 50 percent of those are maxing out their contribution and the employer match
• 40 percent of employees have a tenure surpassing five years