Genworth Work/Life Flexibility & Benefits


At Genworth, we encourage employees to bring their whole selves to work. We also understand the role and importance of wellbeing in people performing at their best in all areas of their lives. To support a diverse workforce with varying needs, we recognize choice and flexibility are critical.


We believe when people feel supported in a holistic way at work, they are more engaged and successful. Therefore, we take a holistic wellbeing approach to our benefits and wellness programs organizing across three pillars to help address the physical, personal, and financial wellbeing needs of our employees.

Personal –

  • Expanded Family Leave – To help the many employees who balance work with caregiver responsibilities, our expanded leave program offers employees up to 8 weeks annual paid leave and the ability to choose how to use it in support of their family needs - Parental Family Leave (maternity, paternity, adoption, and foster care); plus Eldercare or Caregiver Leave. (These, in addition to existing maternity leave and FMLA benefits)
  • Domestic Partner Benefits – Medical insurance coverage offered for same sex and opposite sex domestic partners.
  • Expanded EAP Benefits – In 2020, we more than doubled the number of monthly covered mental health counseling sessions (from 5 to 12) and also extended eligibility of family members to utilize these services.
  • Annual Time Off Flexibility –Ability to rollover one week of their Choice Time Off to the next calendar year (during the pandemic added a two week option). Time Off for Voting – Employees may take a full day off to vote annually. Volunteer Time Off – 40 hours paid annual leave to volunteer in community service of most importance to them. Added Juneteenth as company holiday.
  • Crisis Management Time Off – Created a new code so employees can take time off to navigate the impact of COVID-19 on their personal and family lives – without using their personal time off – to care for sick family, homeschool kids, take a mental health break from working virtually, or manage the stress of the pandemic in general.

Physical –

  • Wellbeing Platform - Our Virgin Pulse wellbeing program helps employees build positive habits in support of their personal wellbeing goals.
  • On-going Fitness Enhancements – When COVID-19 forced a national lockdown, Genworth rolled out a suite of offerings to keep employees physically and emotionally healthy. On-site fitness centers evolved into the Genworth Virtual Gym, offering all employees free access to a robust daily schedule of live virtual classes, recorded workouts, webinars on health, fitness, mindfulness, and other wellness topics.
  • Special Needs Children –Rethink Benefits provides services & resources for families with special needs children, including access to board-certified behavioral analysts.
  • Free Second Opinion – Through 2ND MD employees can seek a free second opinion with board-certified doctors to ensure their care plans for injury, illness or chronic pain are the best options.
  • Onsite Wellness Clinics –Staffed with nurse practitioners, provides convenient medical and wellness services year-round. During COVID-19, offered employees drive-thru flu shots and COVID testing.

Financial –

  • Paying for Higher Education – Our Tuition Reimbursement program offers employees up to $7500 per year in tuition reimbursement toward degreed programs. Our Student Loan Repayment program helps eligible employees repay loans with $200 monthly payments direct to the loan originator.
  • Financial Wellbeing – Ernst & Young (EY) offers free personal financial planning, annual workshop series covering financial topics selected by employees, and during COVID-19 held a series webinars to help employees manage finances in uncertain times.
  • Healthy Living Subsidy –By participating in an online 10 minute health risk assessment, employees earn a significant discount off their Genworth medical insurance premiums for themselves and covered spouse/ domestic partners.

Throughout the year through high utilization of our benefits & wellness programs and positive direct feedback, employees tell us they appreciate and value our holistic wellbeing approach. In a recent survey, 94% employees reported they feel supported and believe Genworth has worked to balance their personal and business needs during the COVID-19 pandemic.


Our employees make a difference in people’s lives every day. That’s why we’re committed to make a difference in theirs. We value all colleagues for their unique contributions to Genworth, we support their professional growth, and we design benefits to empower them and their families to live life well.

Thomas J. McInerney
CEO, Genworth
Was this action helpful?