Koch Industries Employee Benefits and Perks | Glassdoor

Koch Industries Benefits

90 Ratings

Employee Benefit Reviews

Showing 1–10 of 90 comments

Most Commented

  • Health Insurance(17 comments)

    “Premiums are not terribly high but could be lower. I think they are competitive and would not turn down an offer from Koch because of the health...”

  • Pension Plan(8 comments)

    “Unless you work for the government or railroad, you won't find a pension plan anymore.”

  • 401K Plan(8 comments)

    “Does offer 401k plan and is comparable to most. Do not have enough knowledge on this to put any beneficial input.”

  • Aug 02, 2017
    StarStarStarStarStar Current Analyst in Wichita, Kansas

    Some health insurance premium options could be lower but they are better than most employers. Not many complaints about the benefits package

  • Jul 11, 2017
    StarStarStarStarStar Current R&D Intern in Wichita, Kansas

    Lots of discounts and good health insurance

  • Jul 05, 2017
    StarStarStarStarStar Current Employee in Hattiesburg, Mississippi

    Koch has good benefits. For a salaried professional, I would describe the benefits consistent with large corporations. Medical, Vision, Dental, life, AD&D, etc insurances are offered. There are a few plans to choose from that are mostly a balance between deductible and monthly premium (ie, as deductible goes up, monthly premium goes down). Vacation time is on the low side. 401k Match is pretty good. Match starts after 1 year of service and you can get up to 5.5% of match. Additionally, the company automatically gives you 3% (which starts on day 1). Holidays are pretty standard for a big company. There is a education reimbursement program, but it's the standard big company one that's roughly $5,000/year

  • Jul 24, 2017
    StarStarStarStarStar Current Employee in Wichita, Kansas

    Not the best benefits that I've had. Huge deductible to meet before being able to get any types of benefits and with a bigger family the cost is outrages. Provides tuition reimbursement to help with educational costs.

  • May 25, 2017
    StarStarStarStarStar Current Employee in Wichita, Kansas

    Solid benefits with 3 great options on different health care packages

  • May 05, 2017
    StarStarStarStarStar Former Employee in Wichita, Kansas

    Diverse benefits package at extremely reasonable rates. Easy to understand and human resources was very knowledgeable about all offerings from basic insurance to retirement.

  • May 06, 2017
    StarStarStarStarStar Current Business development manager in Houston, Texas

    Health insurance deductible and premiums are reasonable. 6% match on 401K. Dental, life insurance, disability and vision premiums are reasonable. Vacation time ranges from 2-5 years depending on level however always ask for more upon hire as they will typically give it to you.

  • Apr 29, 2017
    StarStarStarStarStar Current Employee in Wichita, Kansas

    The company 401-k is very competitive with a dollar for dollar match up to the first 6% of your salary. The health benefits are also very competitive.

  • May 14, 2017
    StarStarStarStarStar Current Employee in Wichita, Kansas

    Pros: Roth 401k. Cons: Sick leave, personal leave, and vacation benefits have fallen behind.

  • Apr 29, 2017
    StarStarStarStarStar Current Employee in Wichita, Kansas

    The health insurance was a lot better last year. It's now more expensive and covers a lot less. Prescription coverage is horrible.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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