Showing 21–30 of 41 comments
“The best thing about the healthcare plan is the level of coverage.”
“Draper recently switched to Blue Cross Blue Shield HMO (2 years ago). BCBS is much more restrictive on what prescription meds they will cover. Previously they had Harvard Pilgrim which I believe was better (covered more) just based on my own personal experience ( i have no major data).”
“Their matching contributions are the best around. One of the legacy traditions from their MIT roots I believe. ”
Matching 401k and 4wks vacation after 10 years of service
Excellent 401K! Good options for Healthcare. Maternity leave.
Draper Laboratory has an excellent benefits package, including 401k, health care, dental, EAP, and life insurance. I cannot think of anything negative.
403b (401k) match is fantastic
Employees 5% contribution to their 401K plan is matched by 10% from Draper.
Retirement (every $1 employee puts in, employer puts in $2). Liked medical plan.
The benefits package is very supportive and accomodating to unique situations.
Core benefits are very strong. A wide array of ancillary and voluntary benefits are offered.
There are two retirement savings programs, and employees can participate in both. One is a company-matching 401k-type of program. If the employee puts in 5%, Draper puts in another 10%! I think the employee can contribute more, but Draper won't contribute more than 10%. The second program is where the employee can contribute up to $18K per year pre-tax; if you're over 50, you can contribute up to $23K per year. Another really nice benefit is that you can work part time indefinitely, as little as 24 hrs/week with full health insurance benefits, pro-rated vacation.
Awesome 403(b) matching, vacation, and sick time for salaried employees.
List based on reports from current and former employees. It may not be complete.
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