The Culture At Empower Retirement

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Empower Retirement Overview

Great-West Lifeco Inc. is a Canadian insurance centered financial holding company that operates in North America, Europe and Asia through five wholly owned, regionally focused subsidiaries.
The staff at Empower Retirement come from unusually diverse demographic backgrounds. The company is 49.2% female and 35.3% ethnic minorities. Empower Retirement employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 61.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Empower Retirement seem to be happy. The company has great employee retention with staff members usually staying for 5.0 years. The average employee at Empower Retirement makes $66,726 per year, which is competitive for its industry and location. Some of its highest paying competitors, Principal Financial Group, Kforce, and US Tech Solutions, pay $70,186, $69,168, and $68,449, respectively.
A large professional company with 5,800 employees and an annual revenue of $2.7B, Empower Retirement is headquartered in Colorado.

Industry

Professional Services

Revenue

$2.7B

Employees

5,800

Founded in

1847

Headquarters

Greenwood Village, CO

Website

www.empower-retirement.com

Organization Type

Public

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Empower Retirement Employee Reviews

Zippia Official Logo

5.0

Zippia UserApril 2019

5.0

Zippia Official LogoZippia UserApril 2019

What Do You Like About Working There?

I love that I get to work for a great cause and that the leaders are down to earth.

What Are Your Favorite Benefits/Perks?

Flexible work schedule
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Empower Retirement Company Rankings

Empower Retirement is ranked #59 on the Best Professional Companies to Work For in America 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.

Empower Retirement Salaries

How much does Empower Retirement pay?
The national average salary for a Great-West Financial employee in the United States is $66,726 per year. Employees in the top 10 percent can make over $117,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year.
9.6
Salary Score
Average Employee Earnings

Empower Retirement Salaries By Job Title

The average employee at Empower Retirement earns a yearly salary of $66,726 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Empower Retirement are regional sales director, associate manager, software systems engineer lead, and senior java developer. A typical regional sales director salary at Empower Retirement is $127,566 per year. Some of the other roles at Empower Retirement are claim processor and mail clerk. A worker with the title claim processor at Empower Retirement earns an average salary of $19,922 per year.
Job Title
Title
ascdesc
Average Salarydesc
Regional Sales Director
Salary Range120k - 135k$128k$127,566
Associate Manager
Salary Range101k - 119k$110k$109,733
Software Systems Engineer Lead
Salary Range103k - 115k$110k$109,529
Senior Java Developer
Salary Range99k - 118k$108k$108,363
Retirement Plan Specialist
Salary Range90k - 124k$107k$106,523
Team Leader
Salary Range92k - 114k$103k$102,862
Pl/Sql Developer
Salary Range94k - 109k$102k$102,212
Senior Systems Software Engineer
Salary Range95k - 108k$102k$102,006
Quality Assurance Lead
Salary Range93k - 107k$100k$100,043
Assistant Manager
Salary Range91k - 105k$98k$97,952
$39k
$135k

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Empower Retirement Careers

On average, employees at Empower Retirement stay with the company for 5.0 years. Employees most commonly join Empower Retirement after leaving Wells Fargo. When they leave Empower Retirement, they most frequently get their next job at Cigna.

Average Length of Employment

4.2 years

Top Employers Before Empower Retirement

Top Employers After Empower Retirement

14.2 %
7.1 %
7.1 %

Jobs from similar companies

Empower Retirement Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Empower Retirement Employees Education

Of the 5,800 employees at Empower Retirement, 18.6% attended University of Colorado at Boulder. Employees at Empower Retirement most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Empower Retirement Employee Political Affiliation

Empower Retirement employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Empower Retirement employee was by JIM Gearin. JIM Gearin donated $2,700 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
JIM GearinSenior Vice President
Senior Vice President
Democratic Party
$2,700Democratic Party
Charles McDevittExecutive Vice President
Executive Vice President
Republican Party
$2,000Republican Party
Renee BrewerRelationship Manager
Relationship Manager
Democratic Party
$1,100Democratic Party
Riley YouDriver
Driver
Democratic Party
$1,010Democratic Party
Matthew KavanaghCompliance Officer
Compliance Officer
Democratic Party
$1,000Democratic Party
Charles ThomasPresident/Chief Executive Officer
President/Chief Executive Officer
Republican Party
$1,000Republican Party
Cheryl StrattenSupport Analyst
Support Analyst
Democratic Party
$810Democratic Party
RON LaeyendeckerExecutive
Executive
Democratic Party
$750Democratic Party
Richard BelshawResearch Scientist
Research Scientist
Democratic Party
$500Democratic Party
Tara SpicerManager
Manager
Democratic Party
$500Democratic Party
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Empower Retirement Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1847

Organization type

Public

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Empower Retirement Competitors

Competitors of Empower Retirement include Principal Financial Group, Kforce, and US Tech Solutions. The wages at Principal Financial Group average higher than the other similar companies, where the median salary is $70,186 per year. The salaries at Kforce average $69,168 per year, and the salaries at US Tech Solutions come in at $68,449 per year.
Companydesc
Average Salarydesc
Principal Financial Group
Salary Range50k - 97k$70k$70,186
Kforce
Salary Range55k - 86k$69k$69,168
US Tech Solutions
Salary Range55k - 84k$68k$68,449
Lincoln National
Salary Range47k - 93k$67k$66,802
Equifax
Salary Range41k - 81k$59k$58,593

Revenue

Salary Range38k - 86k$58k$57,785
The Howard E. Nyhart Company
Salary Range41k - 79k$57k$57,434
Cigna
Salary Range38k - 76k$55k$54,550

Movers Specialty Services

Salary Range37k - 75k$54k$53,502
Advantage Resourcing
Salary Range38k - 73k$53k$53,418
$25k
$97k

Frequently Asked Questions about Empower Retirement

When was Empower Retirement founded?

Empower Retirement was founded in 1847.

How many Employees does Empower Retirement have?

Empower Retirement has 5,800 employees.

How much money does Empower Retirement make?

Empower Retirement generates $2.7B in revenue.

What industry is Empower Retirement in?

Empower Retirement is in the professional services industry.

What type of company is Empower Retirement?

Empower Retirement is a public company.

Who are Empower Retirement's competitors?

Empower Retirement competitors include Principal Financial Group, Lincoln National, Equifax, Benefit Service Company, The Bartech Group, Kforce, US Tech Solutions, CMCS, The Howard E. Nyhart Company, Revenue, Innotech Services, CRSS, United Benefits Group, Employee Benefit Specialists, Advantage Resourcing, Cigna, Transamerica Service Company, Axiom Global, Movers Specialty Services, Dma Holdings.

Where is Empower Retirement's headquarters?

Empower Retirement's headquarters is in Greenwood Village, CO.

What is Empower Retirement's website?

You can find the Empower Retirement website at www.empower-retirement.com.

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Updated October 27, 2021

Zippia gives an in-depth look into the details of Empower Retirement, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Empower Retirement. The employee data is based on information from people who have self-reported their past or current employments at Empower Retirement. 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 Empower Retirement and its employees or that of Zippia.

Empower Retirement may also be known as or be related to Great-West Financial, Great-West Life & Annuity Insurance Co and Great-West Lifeco Inc.