The TJX Companies, Inc.
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The TJX Companies, Inc. Compensation & Benefits
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 The TJX Companies, Inc.?
Strengths in healthcare breadth, retirement programs, and time-off offerings coexist with challenges around base pay levels, progression, and perceived fairness, alongside affordability concerns for health coverage. Together, these dynamics suggest a comprehensive benefits portfolio that may not fully offset dissatisfaction with wage growth and raise practices, particularly in store-level roles.
Positive Themes About The TJX Companies, Inc.
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Healthcare Strength: Coverage spans medical, dental, and vision and extends to comprehensive fertility and transgender-inclusive care, plus telehealth, disease-management resources, and travel for care. Fitness reimbursement and other health resources reinforce the breadth of medical offerings.
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Retirement Support: A 401(k) plan with company match, a company-paid retirement benefit, and an Employee Stock Purchase Plan underpin long-term financial security. The 401(k) is highlighted as a strong component of the package.
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Leave & Time Off Breadth: Paid parental leave, bereavement (including pregnancy loss), sick time, and multi-week vacation entitlements for full- and part-time associates indicate wide coverage. Access to medical and personal leaves further broadens time-off flexibility.
Considerations About The TJX Companies, Inc.
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Unfair & Opaque Compensation: Pay is considered inconsistent across similar roles, with perceptions of favoritism in raises and instances where new hires out-earn long-tenured associates. Added duties without promotions contribute to concerns about fairness.
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Stagnant Pay & Limited Progression: Small raise amounts and limited wage progression are cited despite increased responsibilities and years of service. Base wages for many store roles are characterized as low relative to the demands of the work.
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High Benefits Costs: Health insurance is described as expensive by some, reducing perceived value of the package. Affordability concerns surface particularly for certain plan options or broader family coverage.
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