Working At Coinstar

Coinstar has a network of 20,000 kiosks all over the world that will turn your loose change into much-needed cash. The company provides financial freedom for the large population who are underbanked. And that motto is represented by the 415 employees who thrive in the passionate work culture.

Diving Into the Values at Coinstar

The 1991-company still has that scrappy, startup feel in that they're continuing to grow and try new things everyday. The culture there is so great that they have such a low turnover rate. In fact, most of their employees have been there since Day 1.

Because most of the people have been there for so long, every employee knows each other very well. It truly feels like a family of like-minded people working together as a team to make the right decisions. At Coinstar, their No. 1 priority is to make employees as happy as possible.

Talent Acquisition Leader Drew Stefan sat down with us at Zippia to explain why Coinstar is the best in the business.

Passion Driven

Involvement Every Step of the Way

From deciding what color the desk divider should be to making company changes, the leadership at Coinstar makes sure every employee feels involved in every process. "It's a culture where people can come in and make a difference as well," Stefan said.

Being employed at Coinstar is a tremendous opportunity for anyone hoping to divulge new ideas. At Coinstar you're able to expand your role and have a larger impact. "Everyone wants to feel like they're making a difference," Stefan said. "For employees at Coinstar, what they're doing at work is impactful."

The leadership at Coinstar is really open to hearing from employees about concerns or to answer any questions. Employees say the culture is very inviting and welcoming. "Everyone here cares about what we're doing and who they're doing it with," Stefan said. "We're all passionate about making sure we're doing it the right way."

Every Perk Imaginable

If You Can Think of it, They Have it

From having bowling and video game nights to celebrating the FIFA Women's World Cup by watching the game during the work day, Coinstar knows what it takes to keep employees happy. They host annual parties, such as their Halloween party and the holiday party where employees participate in a cookie exchange and white elephant gift exchange. Every Pi day, March 14, they make sure to fill the office with pies. "We always make sure we're having fun," Stefan said.

Stefan remembered a time when one employee had an anniversary to celebrate so they filled the office with balloons. Another time, leadership gave employees a bunch of balloons to pop and the first one to pop the most in a certain amount of time won a prize. But that's not all. Every Wednesday the office is treated to waffles with as many toppings as you can think of. "We try to make our people as happy as possible," Stefan said.

In the office, there's a huge white board wall where people can write what they're grateful for throughout the week. At the end of the week, it's erased and they start again on Monday. So each week people are constantly reminded of what they're grateful for. The leadership at Coinstar want to make sure they're providing employees with only the best of the best. So, yes they do have seated and standing desks. "It's fantastic being able to stand up at my desk," Stefan said.

So, we know what you're thinking. Employees probably never want to go home because they're having so much fun at work, right? But that in itself is yet another perk. Coinstar's work/life balance is actually really great. Employees have a lot of flexibility of how long and when they work. Coinstar has a no questions asked policy where you can show up and leave as you see fit as long as the work is getting done. Some employees even work from home.

"We focus on making sure people don't work too many hours. We understand if you need to go to the doctor or pick up your kids from school," Stefan said.

The perks at Coinstar start immediately. They offer a 401K matching program as soon as you're hired and within your first year you're granted 4 weeks PTO. On top of that, they also have a donation matching program, which is a great opportunity to double any donations you make.

It feels like the list of benefits at Coinstar goes on forever. It's no wonder everyone loves working there.

Believing in Themselves

Always Trying to Improve

In addition to the "I'm Grateful" wall in the office, they also have a values wall where Coinstar's values are written clearly to motivate each employee. The values are:

  • Passion - believing they're more than just what meets the eye, and believing in greater versions of themselves.
  • Pride in Ownership - being dedicated to Coinstar's success
  • Authentic - being honest and acting with integrity
  • Success-Driven - motivated in getting a team win
  • The culture of the company is greatly represented by these values. Stefan remembered a time when one of Coinstar's transportation trucks got into an accident. Since the truck had fallen on its side, there were coins all over the highway. "Two of our team members grabbed rakes and shovels right away and visited the accident site. They immediately started to help collect all of the coins off the highway," Stefan said. "People are very excited to help us achieve our goals."

    The Organization’s Mission

    We empower consumers by transforming what they have into what they want.

    Industry

    Retail

    Revenue

    $2.2B

    Employees

    2,670

    Founded in

    1991

    Headquarters

    Bellevue, WA

    Website

    www.coinstar.com

    Organization Type

    Private

    Is This Your Company?

    The Team At Coinstar

    Key People
    • Paul Davis (Executive Officer)
    • Robert Sznewajs (Director)
    • Brian Turner (Executive Officer)
    • Donald Rench (Executive Officer)
    • David Cole (Executive Officer, Director)
    • Ronald Woodard (Director)
    • Deborah Bevier (Director)
    • Daniel Connor (Director)
    • David Eskenazy (Director)
    • Arik Ahitov (Director)

    The Culture At Coinstar

    Information provided by the company
    What makes Coinstar a great place to work?
    Our mission to create a better everyday starts with our employees. To ensure our employees are able to get what they want, we offer great benefits and compensation packages along with a flexible work schedules that focuses on work life balance. At Coinstar you can be the best you while making a meaningful impact!
    Show More
    What is the culture like at Coinstar?
    We are an agile, lean and growing organization that encourages our employees to take ownership of projects and initiatives while expanding their skill sets.
    What benefits does Coinstar provide to employees?
    *Medical, dental, and vision coverage *Life, health, and disability insurance *Flexible Spending Accounts *401(k) plans, with employer matching *Paid time off (4 weeks your first year, including floating holidays) *Holidays *Leave programs, including bereavement and parental leave *Company sponsored events *Take 5 room for nursing mothers or relaxation (headquarters) *Casual environment *Flexibility and autonomy in how you work *Matched Giving programs *Freedom from a desk job (field operations) *Convenient location and free parking (headquarters) *Beverage, fruit, and snack service (headquarters) *Games (headquarters) *Sit and stand desk (headquarters)
    Show More
    What does Coinstar do to give back to society and the community?
    At Coinstar, we’re always working to make a difference for our communities, the environment and each other: - Matched Giving programs - Committed to reducing environmental footprint in every aspect of our business, including our flexible workplace
    Show More

    What do people say about Coinstar

    Work at Coinstar ? Share your experience anonymously.

    What do you like about working for Coinstar?

    Coinstar Rankings

    Coinstar is ranked #30 on the Best Companies to Work For in Washington list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    Coinstar Salaries

    How much does Coinstar pay?
    The national average salary for a Coinstar employee in the United States is $59,812 per year. Employees in the top 10 percent can make over $114,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year.
    8.5
    Salary Score
    Average Employee Earnings

    Coinstar Salaries By Job Title

    While the average employee salary at Coinstar is $59,812, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Coinstar include Senior Software Engineer, Program Manager, Team Leader, and Software Development Engineer. A typical Senior Software Engineer salary at Coinstar is $115,564 per year. Other roles at Coinstar include Driver and Merchandiser. A Driver at Coinstar earns an average yearly salary of $28,145.
    Title
    Average
    Senior Software Engineer
    Senior Software Engineer
    $115,564
    $116k
    Program Manager
    Program Manager
    $110,882
    $111k
    Team Leader
    Team Leader
    $106,103
    $106k
    Software Development Engineer
    Software Development Engineer
    $105,175
    $105k
    Technical Services Manager
    Technical Services Manager
    $102,171
    $102k
    Database Administrator
    Database Administrator
    $94,069
    $94k
    Automation Lead
    Automation Lead
    $90,719
    $91k
    Operations Manager, District
    Operations Manager, District
    $86,398
    $86k
    Data Warehouse Developer
    Data Warehouse Developer
    $86,262
    $86k
    Information Security Analyst
    Information Security Analyst
    $82,565
    $83k

    Coinstar Careers

    On average, employees at Coinstar stay with the company for 3.3 years. Employees most commonly join Coinstar after leaving Microsoft. When they leave Coinstar, they most frequently get their next job at Microsoft.

    Average Length of Employment
    KASCO3.9 years

    Coinstar

    3.3 years
    Top Employers Before Coinstar
    Microsoft15.5 %
    Amazon13.1 %
    Boeing5.7 %
    AT&T5.7 %
    Show More
    Top Employers After Coinstar
    Microsoft16.1 %
    Boeing10.2 %
    Show More
    00

    Do you Work At Coinstar?

    Help us make this company more transparent.

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    Coinstar Financial Performance

    9.9
    Performance Score
    We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

    Revenue

    > $1B

    Founded in

    1991

    Organization type

    Private

    Coinstar Financing Rounds

    DateAmountSecurity Type
    Mar 13, 2009Equity
    Mar 13, 2009
    $41,614,950
    $41,614,950
    Equity
    Equity

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    Coinstar Competitors

    Some of the competitors of Coinstar are Horiba, Olympus America, and Ahold USA. The wages at Horiba average higher than the other similar companies, where the median salary is $67,200 per year. The salaries at Olympus America average $65,806 per year, and the salaries at Ahold USA come in at $65,276 per year.
    Company
    Average Salary
    $67,200
    $67k
    $60,531
    $61k
    $46,477
    $46k
    $46,455
    $46k
    $45,284
    $45k

    Frequently Asked Questions about Coinstar

    When was Coinstar founded?

    Coinstar was founded in 1991.

    How many Employees does Coinstar have?

    Coinstar has 2,670 employees.

    How much money does Coinstar make?

    Coinstar generates $2.2B in revenue.

    What industry is Coinstar in?

    Coinstar is in the retail industry.

    What is Coinstar's mission?

    Coinstar's mission statement is "We empower consumers by transforming what they have into what they want."

    What type of company is Coinstar?

    Coinstar is a private company.

    Who are Coinstar's competitors?

    Coinstar competitors include Redbox Automated Retail, ASPECT TELECOM INT, KASCO, Tri Star Automotive Group, Horiba, Olympus America, Collective, Mt, Sharp, ADVANCED TECH GROUP, COMPUTER SERVICE, Ahold USA, Basys, Imperial, Circuit City, Crestron Electronics, BOS, Richemont, CompUSA, Newport.

    Who works at Coinstar?

    Paul Davis (Executive Officer)

    Robert Sznewajs (Director)

    Brian Turner (Executive Officer)

    Show More

    Are You An Executive, HR Leader, Or Brand Manager At Coinstar?

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    You can find out what it is like to work at Coinstar, also known as COINSTAR INC, Coinstar, Coinstar Inc, Coinstar LLC and Outerwall, Inc.

    Zippia gives an in-depth look into the details of Coinstar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Coinstar. The employee data is based on information from people who have self-reported their past or current employments at Coinstar. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Coinstar and its employees or that of Zippia.