At IKEA, we believe our co-workers deserve a wage that allows them to meet the needs of their life. This is why we use Fair Wage and living-wage as reference points when determining pay. In addition, our benefits package is just one way that we aim to make IKEA a great place to work. We offer competitive health care plans for co-workers who work a minimum of 20 hours per week, 401(k) plan, an additional retirement plan called “Tack”, Tuition assistance, co-worker discount, co-worker meal deal, generous paid-time off package.
Decent benefits here, I suggest making a 401k plan they match a certain percentage, and if you ever get a rainy day you are able to take a loan off your 401k plan or withdraw early just you get some penalties for it. I believe 30%, but if ikea matches 100% up to a certain amount, you really don't lose any money you put into that account.
Great benefits. True work/life balance. Generous PTO accrual. Health benefits are great and affordable. 401k match extremely generous.
Health Insurance at IKEA is hands down the best in the industry! This is the one thing that they are doing right and the one thing I hope doesn't change! Dental is $2.00 and covered by MetLife, my dentist is always commenting on how fantastic this insurance is, the Vision is with EyeMed and Free unless you want the annual package which then its 1.50, still crazy amazing! Earning PTO is great and super easy, only downside to that is the cap that they have placed on it. Sick time is based on your hour level. So it can range anywhere from 12 hours to 40 hours, which on paper is great just don't get sick for more than six days cause then you're out of luck and no one cares. You can apply for short term disability but that doesn't always work out. Oh and if you have kids that get sick, forget about it that time is gone before you have even reached the middle of the year, ooh and did i mention you either use it or lose it? yeah no rollover on that. 401K is amazing with Fidelity investments, they also have this awesome program called TACK which is like another 401K that IKEA pays into not to mention they do match what you pay for your 401K. TACK is yours to keep come retirement as long as you stay with IKEA for 3 fiscal years. They also offer discounts for gym memberships, entertainment/food, fertility treatments, health coaches and financial specialist to help with budgeting.
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The benefits package is very good. We accrue PTO at a very good rate and also have 40 hours of sick time given to us at the beginning of the year which we need to use before March of the following year or we lose it. Even the best medical insurance package has low premiums with a fairly low deductible. There is a 401K that you are eligible for after 90 days I believe and the matching is 3 or 4 percent at 100% and then another 2% at 50%. There is also a program called TACK which adds to your 401K each year. Unfortunately there are some cuts happening currently so there will be no more holiday party or holiday gift and things like coworker meal prices are increasing slightly. 15% co-worker discount and an interest free co-worker purchase program. There is an employee assistance program but I have not personally used it. There is tuition assistance as well.
Ikea hires at different hour levels for the departments as needed. 1,2, and 3. level 2 is needed for some benefits, since you need to work a certain number of hours to qualify. If you get hired as a level 1, you can always apply for a position for more hours when it becomes available.
Not enough sick time
Company offers excellent benefits including 401K; Insurance including Medical/dental/vision/life/AD&D/pets; FSA; parental leave; paid vacation that grows with tenure; employee discount.
PTO rolls over and their health insurance is competitive for the local market.
It’s getting expensive every year. It’s getting scaled back every year.
List based on reports from current and former employees. It may not be complete.