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LORD Corporation

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LORD Corporation

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LORD Corporation Benefits

4.0
37 Ratings

Which benefits does LORD Corporation provide?

Current and former employees report that LORD Corporation provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
4.0
8 Ratings
5.0
2 Ratings
5.0
1 Rating
5.0
1 Rating
5.0
1 Rating

Financial & Retirement

4.3
7 Ratings
3.7
3 Ratings
5.0
1 Rating

Family & Parenting

Vacation & Time Off

3.8
12 Ratings
4.0
3 Ratings
5.0
2 Ratings

Perks & Discounts

3.0
1 Rating
5.0
1 Rating
5.0
1 Rating

Professional Support

4.0
1 Rating

Employee Benefit Reviews

Showing 1–10 of 37 comments

Most Commented

  • Vacation & Paid Time Off(12 comments)

    The vacation policy is great. Real assigned vacation days, no "unlimited vacation" like so many big corporations are pushing today. The benefit of real vacation days is almost everyone takes all of their days. It's refreshing,people from low levels all the way to management take their time off and are encouraged to do so. They are even flexible in when you can use it.

  • Health Insurance(8 comments)

    Now as part of Parker, the health insurance is quite mediocre. No options that really cover everything, the cost benefit analysis heavily favors the high deductible cheap plan. The benefit is that is it very cheap. Most employees that have the option to be on a spouse's plan take the offer, adding a spouse to the Parker plan is mighty expensive.

  • 401K Plan(7 comments)

    6% match, what's not to like. Unfortunately the days of the LORD stock are over, it's average rate of return was 20% per year. Now as part of Parker, we are a publicly traded company, and that comes with more downfalls than benefits. It would be nice if discounted Parker stock could be purchased but it's not an option. The 401k investment options are decent.

Feb 12, 2023
5.0
Former Supply Chain Analyst in Cary, NC, North Carolina

Based on market rates. Overall good.

Report
May 10, 2023
3.0
Former Manager in Cary, NC, North Carolina

Benefit are ok and good

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Jan 15, 2022
4.0
Current Employee

3 weeks paid vacation/sick leave to start, offer health/dental/vision insurance, 401k match at 5%, 12 paid holidays, maternity and paternity leave

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Nov 24, 2021
4.0
Current Engineer in Erie, PA, Pennsylvania

The 401k has a great 6% match, vacation is good, 3 weeks starting plus 10 scheduled holidays and 2 additional floating holidays. Since the Parker takeover the health insurance offerings are pretty dismal. The only advantage of the health insurance offered by Parker is it can be had very cheap. No other notable perks.

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Oct 15, 2021
4.0
Former Materials Manager in Buffalo, NY, New York State

401k was competitive with industry standard

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Sep 14, 2021
4.0
Current Pricing Analyst in Cary, NC, North Carolina

6% matching 401K and pto

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Aug 30, 2021
4.0
Former Employee

Good benefits as I recall

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Oct 12, 2019
4.0
Current Employee

Good benefits overall, 401K match, vacation allowance, medical benefits, dental benefits, vision benefits, flexible work from home schedule in some cases

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Jul 29, 2019
4.0
Current Employee

great benefits at Lord corporation

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Jul 3, 2019
4.0
Current Employee

Excellent benefits, best medical coverage in the area, annual bonus, 3 weeks of vacation, 11 paid holidays, 401k with 66% company match, short term disability company paid. Only minus is not much flexibility when it comes to working remotely.

Report
Viewing 1 - 10 of 37 Reviews

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