Current and former employees report that Koch Industries provides the following benefits. It may not be complete.
Showing 1–10 of 203 comments
Great contributions to retirement accounts
Medical, dental, vision, 401k match, PTO and sick leaves
Overall the benefits feel like that of a company who is stuck in the 80s and only values the good ole boys who work all day and come in every day wearing a suit. Our leadership is hesitant to offer the daily benefits most employees care about. Parental benefits: PRO: they finally started offering paid parental leave! CON: it's only 6 weeks. Come on. Get on board here. Working parents deserve better. PRO: I had zero issues pumping at work and am able to take time off as needed for their appointments and school functions or work from home if daycare/school is closed for the day. My team is understanding when school pickup/drop-off disrupt my normal working hours. Flexible work: PRO: I am allowed to work from home a couple days a week and as needed to care for my children. CON: My team has lost significant talent due to leadership's hesitancy to hire remote talent. We've actually let people go because they moved away. CON: The policies are not universal. Even within my department, teams are treated differently and afforded different benefits when it comes to flexible work. It leads to some employees feeling like they are valued less or seen as inept by our leadership. Vacation: CON: only 3 weeks PTO until you reach 10 years with the company and you can only carry over 5 days to the following year. That leads to a lot of people hoarding their vacation throughout the year and then taking 3 weeks all at the same time in December. Health insurance: PRO: the cost is better than my spouse's insurance, but I can't compare it to any others. because we are not smokers we can avoid additional surcharges CON: the yearly physicals to avoid even further surcharges get tedious
They continue to add benefits to the benefits package every year without increasing the employees cost.
- Flex Schedule - Sick and Vacation Hours
Robust benefits package, including Vision and Long term leave.
401K, vacation, retirement, employee discount
Strong company match on 401k plus an additional fixed company contribution. Multiple medical benefits options with low premiums.
6% 401k matching, plus 3-5% automatic contribution based on years of service
Offer health insurance and retirement plans. High deductible but covers a lot. Fully paid maternity leave.