Work/Life Balance

Rest and relaxation are important to all of us. Waddell & Reed places great value in keeping our employees refreshed, healthy and engaged.

While many companies offer one bucket of Paid Time Off (PTO), Waddell & Reed categorizes time off separately: vacation, personal days, minor illness AND 11 company paid holidays. We believe this is advantageous to our employees as they plan their lives. Employees can plan for vacations, time out of the office for personal errands, volunteering in their child’s classroom, or other activities but can still confidently know they have minor illness available in the case of sickness. Planning for life without feeling guilty is all part of the balance employees find at Waddell & Reed. These benefits are pro-rated during the first calendar year of hire.


Waddell & Reed's generous vacation benefit allows eligible employees to receive ample time off. Employees start with 10-20 days per year based upon level of position with the ability to earn up to 25 days of vacation per year based on service.

Paid Holidays

Eligible employees receive pay for 11 holidays, including the Friday after Thanksgiving Day and a special Christmas floating holiday.

  • New Year’s Day
  • Martin Luther King, Jr.’s Birthday
  • President’s Day
  • Good Friday
  • Memorial Day
  • Independence Day
  • Labor Day
  • Thanksgiving Day
  • Friday after Thanksgiving Day
  • Christmas Day
  • Christmas Floating Holiday

Paid Excused

Occasionally, justifiable absences may be granted with pay at the discretion of an employee's supervisor. Employees may receive up to 3 paid excused days per year.

Month of hire This year Next Calendar Year
January - June 2 days 3 days
July - December 1 day

Minor Illness

When there are short-term absences due to personal or family illness or doctor and dental appointments for an employee or a family member, minor illness days may be used to pay for the absence. Employees may be permitted to use up to seven minor illness days per year.

Month of hire This year Next Calendar Year
January - February 6 days 7 days
March - April 5 days
May - June 4 days
July - August 3 days
September - October 2 days
November - December 1 day

Major Illness (short-term disability)

The major illness policy provides income for up to 130 days if an eligible employee must be absent longer than three consecutive business days due to medical necessity documented by a treating physician.

Month of hire This year Next Calendar Year
January - March 10 days 10 days at regular rate of pay
April - June 8 days
July - August 6 days
September - October 4 days
November - December 2 days

Other Pay for Time Off

Waddell & Reed also offers pay and leave of absence policies for other situations including; bereavement, jury duty, and military obligations.

Employee Perks

Throughout the year, Waddell & Reed employees enjoy a variety of perks, including discounts to various attractions (Worlds of Fun, Schlitterbahn, Great Wolf Lodge, etc.) as well as ticket drawings to special events at Sprint Center and other venues in the Kansas City area. Our employees also are eligible to participate in drawings for complimentary tickets to see the Kansas City Royals, the Kansas City Chiefs and Sporting Kansas City.

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