This is one of the culture points that CenturyLink manages to hit home with. It is a carry over from their culture from years ago.
CenturyLink has a host of great benefits.
CTL offers the usual package for a struggling company. Each year they us tell how good we have it and each year the cost to employee goes up and the package gets smaller. The latest scheme was to change to an unlimited vacation policy, then the managers told us not to use it.
The Rising cost of health insurance coverage
CenturyLink benefits are not competitive with other Fortune 500 companies. Over the past few years medical premiums have increased faster than market rates while coverage has declined. Pension has been gone for years, the 401k match is very low, and the Employee Stock Purchase Program has been discontinued. Paid Time Off for more senior employees has been replaced with an undefined amount of Flexible Time Off, which is realistically a net loss of time off. Also, the severance policy has changed so that when the time comes that you get laid off, you get fewer weeks paid out for your years of service. On the upside, the company is trying to offer some progressive benefits that do not impact company cash flow as much. New mothers and fathers now both get paid time off (including 4 weeks for new fathers) and you get more time off now when family members die. There is also an immersive healthy lifestyle/diet camp that obese employees can attend.
We got 401k paid time off health insurance and eye and dental. I’m not too sure about how everything worked.
They're cut or cost more every year,m. PTO is fair as is the ability to flex schedule (some) for appointments.
There is no fertility assistance
Benefits are in line with other companies. Expensive but you get money back if you don't use their health insurance
Very expensive benefits for UHC HDHP, Met Life Dental, and crappy vision care. Total family coverage cost $6.5k/yr. Also factor in that they use pay banding for their benefits costs this means that if you are a Salaried Professional or Manager and are paid more they will charge you more for your benefits than a lower paid employee. This is nothing short of stealing from those who have worked to develop their career to pay for others that the company considers unable to pay. No employer should be allowed to create an internal social welfare system and force the employees to fund it, this is what they have done and they claim to value Honesty, Integrity and Ethics while doing this. You Hypocrites! Keep this in mind when negotiating salary with them and demand that they tell you upfront what the actual benefits costs will be so you can compare offers. Otherwise a seemingly good wage offer may actually be much less once you factor in the high cost of their mediocre quality benefits, and your forced contribution.
List based on reports from current and former employees. It may not be complete.