At First Data, owner-associates have access to a wide variety of benefits including a Paid Parental Leave Program that is gender-neutral and also applies to adoption and foster care. Health Plans are offered through the premier Aon Active Health Exchange™. The Exchange is a private insurance marketplace providing First Data the opportunity to offer owner-associates the ability to select medical coverage from multiple carriers with a wide selection of options at different price points. A third-party recently rated the plan one of the top 10-20 percent in nationwide plans.
Health & Life Benefits
Health Savings Account
Flexible Spending Accounts
Short- and Long-Term Disability
Life and AD&D Insurance
Critical Illness and Accident Insurance
Employee Assistance Program
Legal Assistance Plan
Employee Discount Program
Incentive Savings Plan (ISP)/401(k)
Employee Stock Purchase Plan
Financial Wellness Program
Paid Parental Leave Program
Own It Honors Recognition Program
A normal benefits package, for most aspects, as any Fortune 200 company. Unfortunately, the KKR influence is still strong to push for limiting their expenditure, partially due to the negative impacts of ObamaCare. The removal of the company's 401K match has offput many prospective employees, as the company substituted stock options, which are more risky and not as valuable. The stock values and awards are concentrated on higher-level executives. Normal employees and managers get little value from the stock offers. Time off is frowned upon as the expectation to hit numbers (despite time away) is more important than the employee.
2 weeks vacation to start, another at 5 years, 10 years, and then i think 20 years 2 days personal time paid 5 days sick time paid Option to take up to 10 unpaid days off around the holidays if all time has been used, 5 in a row at most 12 weeks paid maternity leave 2 weeks paid paternity leave Doesn't discriminate - can be same sex couples, the dad can take 12 weeks if the primary caregiver, and includes adoption 401k is offered but not matched Stocks are given as incentive with annual compensation reviews but are not vested for a number of years, and if you leave the company before they're vested, you lose them Many healthcare options - some people have complained about high deductibles, and while they certainly aren't low, I found them reasonable as a single woman (last year). As a family for the next year it was a bit steeper so I don't use them for health anymore, I use my husbands. I only have vision and dental, which has been sufficient for what we need. 401k can roll over if you leave No compensation for positive wellness actions as in previous years Employee discounts on phones, gym memberships, and other companies
The benefits and FSA are awesome. Really helps our family
The best is hard to say. The cost was always way more than what it would be for me to be added to the wife’s insurance plan. Also, I did notice that the little incentives we slowly going away; for example the flu shot was now only being offered in certain locations, or the health screening benefit was either reduced or removed. The annual bonus is now being paid 60% with stock at a reduced price. Their hope is that it goes up in value, that really hasn’t happened yet.
The medical benefits are affordable.
Highly competitive package - HR team works very hard to ensure the benefits stay competitive and the cost to the employee is the lowest it can be. Outstanding pharmacy benefits that will get better in 2018.
There isn't a 401k match and the deductible for health benefits is too high to make it worth having. On the positive side, the company does contribute towards your HSA annually.
We pay out thousands and thousands of dollars per year and have yet to have anything actually covered because the out--of-pocket maximums are SO HIGH. Where is all our money going? Lining pockets.
Frankly, benefits are bad. The more you make the more you pay 4 digits per month for a family health plan with a 4.5k deductible. Make sure you get the right salary to compensate for this garbage... No 401k match either.
You cannot insure your spouse if she is insurable via another source, worst program EVER.
List based on reports from current and former employees. It may not be complete.