I work for the family business. They match 3% on my IRA and I get paid major holidays. After 10 years I get 2 weeks vacation. I haven't had a raise since 2006 or 2007...been so long I can't remember.
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Best company benefits
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Reading rossmel's free stuff post, I just thought of one of the cool unofficial benefits of working at my company. One of the things we do is resell gift cards. Since I work here, if I order one, I can just message someone and ask for it to be brought it straight to my desk. That means if I make plans to see a movie or go out for dinner on a Friday, I can check to see if we have a discounted card for the place, order it, and have it in my hands before the end of the day.
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Great health insurance plan (better than federal government)
6 weeks vacation starting first year
16 weeks 100% paid maternity leave (vacation time still accrues during maternity leave)
7 sick leave days a year without dr notes (family sick or whatever)
almost unlimited sick leave with dr note
Flex time/compressed schedule
Free language classes on lunch breaks for those who want
Traditional pension (can be taken as cash settlement if you choose)
Expats get much more benefits than that. I can only drool over what they receive.Last edited by Nika; 01-18-2013, 06:27 AM.
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I work for the DoD so my benefits are pretty standard for what the federal gov't provides. Holidays (11 or maybe 13?), 13 sick days that I can roll over indefinitely, approximately 20 vacation days, but I can bank those from year to year as well as long as I don't go over 240 hours. 4% matching if I contribute 5%. The standard gov't retirement pension-like system. They pay for about 75% of my healthcare premiums, etc.
For me the biggest benefit is that I also have flexible time. As long as I'm in during core hours from 9-3, the rest of my time I can decide if I want to come in early and leave early, or come in late and leave late. I also work 9 hour days so I get an extra day off every 2 weeks. Makes it nice for planning doctors appointments or other errands that have to be done during business hours on a week day. I work on a laptop with a docking station as well, so if the weather is going to be bad, etc. I can make arrangements to telework from home.
The other major benefit for me is that we have a student loan repayment program. Technically I have to sign a 3 year work agreement (which is no big deal for me since I plan to stay here anyway) and then they'll pay up to $10k before taxes toward any federal student loans. I can re-apply the next year (up to 6 times) and sign a new agreement that just overwrites the old one. Thanks to this program, I'm going to have all my federal loans paid off by the end of next month, and I'll throw extra money at my private loans and have that paid off, or close to it, by the end of the year!
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Am I really the first one to mention a company vehicle?
That is a 'perk' that I'll never take for granted...
I work for a small-ish company, probably ~100 total employees in 9 branches... only 4 in our branch. Two of us get company vehicles, personal use is permitted to a point...
I figure it's worth at least $5k/year, insurance, gas, repairs, etc...
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i moved to government. Was uncomfortable relying on 401k/SS alone for retirement.
pension, post retirement medical benefits.
govt 457 plan (similar to the 401k) - no matching, but it is a stronger plan than a 401k. For example, there's no 10% early withdrawal penalties.
21 vac days/21 sick days/ 13 holidays - can carry over up to 90 days vacation for lump sum payout upon termination, unlimited sick (gets turned into years of service for pension purposes)
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Other countries, other perks...I work in S E Asia on contract for part of the year. Common benefits include an on-site or walking distance, fully furnished, nice apartment. I pay a small fee for electricity. Once a month they supply a bus to take all foreign employees to the big, western style food stores. Once each semester we're bussed to a holiday resort for their famous festival. They cover 4 nights hotel, meals and festival tickets. We're not likely to go off on our own because it's too difficult to communicate. Foreigners are always invited to international events and we often go for the learning experience.
Medical cards are free and there is a clinic on campus. We get a discount if hospitalized but pay a daily rate. They paid about 1/3 of acupuncture treatment costs at a local hospital and sent along an intern teacher as translator which was priceless! We get life insurance while in the country - it's not applicable when we're out-of-the-country, whatever the reason. Nearly every meeting is arranged for lunch or dinner at a nice restaurant or catered by a nice restaurant. Our managers or directors always order a few extra bottles of liquor or cigarettes for their personal consumption.
We negotiate payment for flights and limousine ground transport as part of our contract.
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We have a 4% 403(b) match, plus and additional 4% employer paid account. Not huge, but every bit helps. We have the gift card discounts in addition to discounted tickets to local games, shows etc. Our health insurance is ok, but not great (ironic, since I work for a hospital).
We do frequently get free T-shirts. Does that count?
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I'm really happy with my company's benefits.
-4% 401(k) company contribution PLUS up to 2% match (with Vanguard, big bonus)
-15 days vacation
-5 days sick leave
-Life insurance @ 3.5x of salary
-Long-term disability insurance
-Accident insurance (work or non-work related)
-Free dental
-biannual profit sharing if there is any
-comp time
-travel
-work related training
Health care isn't the cheapest, because we don't have the scale. No vision, no biggie.
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Sorry about resurrecting an old thread but I didn't want to create clutter by starting a new thread. I just thought of another one my benefits, 10 years of service credit will get 40% of retirement medical premium up to 25 years covering 100% retirement medical coverage premium. I'm currently at 10.3 years.
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I have average? benefits. Health insurance is mostly paid by my employer, I will pay $45/month in 2014. 10 days paid vacation (which will go to 15, the max, after I've worked there 10 years), 6 paid sick days per year, approx $900 annual contribution to an HSA, and 4% 401k match, if we contribute at least 5%.
Nothing too exciting.
Fiance works for a locally owned restaurant and has no benefits. He's allowed to request one week of unpaid vacation per year, but not forced to take it.
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DH medical for the family at $100/pay period $2600/year. I think that's pretty good for a family plan BCBS EPO.
He gets 3 weeks paternity leave paid. Maternity if I worked there would be 12 weeks paid. Unlimited sick days. 4 floating holidays, 12 paid holidays, 15 starting days vacation (goes up 1 year) DH has 22, 1 extra week every 5 years as a bonus, summer hours fridays leave half days after "working" 9 hours M-Th, happy hour with free food and beers from Sam Adams every thursday, summer party, holiday party, match 6% 401k @ 50%. 15 days of paid back up childcare. Reimbursed parking or transit pass. Discounted life insurance, ESPP bought 4x year at 15% discount.
There are some nice perks for my DH. I think it's fine. The job is good, the pay is good, the hours are good. I'm in the same field and my only reason I don't want to work is it's a steady 40 hours a week. There is no working from home (impossible) and no flexibility it's pretty standard 9-5.
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