NetJets Employee Benefits and Perks | Glassdoor

NetJets Benefits

3.7
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Employee Benefit Reviews

Showing 1–10 of 34 comments

Most Commented

  • Jun 11, 2017
    StarStarStarStarStar Current Operations Manager in Columbus, Ohio

    Has better matching for 401K than most other companies. Medical is paid for on Option 3.

  • Jun 03, 2017
    StarStarStarStarStar Current Maintenance in Columbus, Ohio

    Good 401k package, pay has fallen behind industry standards

  • Feb 08, 2017
    StarStarStarStarStar Current Pilot, First Officer in Sacramento, California

    Free healthcare for family. No growth in sight and minimal retirement.

  • Jan 30, 2017
    StarStarStarStarStar Current Employee in Columbus, Ohio

    UPDATED INFO: INSURANCE The company pays the premiums for dental and vision insurance and encourages high deductible health insurance plans with a HSA account by paying for the premium for the high deductible plan. They still deposit $1000 for the family plan and $500 for single plan into the HSA account. There is another non-high deductible plan, for which the company does not pay the premiums, and that plan definitely more expensive from a total cost perspective. 401K For 2017 the 401k match is 52% of regular contribution up to 15% of eligible compensation per pay period with a true up in February if you max out early in the year. The match will increase 1% per year until it reaches a 55% match in 2020. The plan has institutional Vanguard S&P 500, mid-cap, and large cap low cost index funds that can be used to approximate a three fund portfolio model. You can defer up to 80% of your paycheck. The downside is the vesting period is a very long 6 years. 20% vesting per year starting in year 2. PAID TIME OFF PTO is new for 2017. They start by offering 144 hours, but you should be able to negotiate 184 hours. You won't get another 40 hours of PTO until 5 and 10 years of service. You will get three floating holidays, since Good Friday is no longer a company holiday. Company holidays are New Year's, Memorial Day, 4th of July, Labor Day, Thanksgiving, day after Thanksgiving, and Christmas; however, if you work in the Flight Center and don't have seniority, you'll probably be working all of those days. Also the full bucket of PTO is available on January 1 sort of. If you are in a milestone year where your PTO would increase, the increase is pro-rated based on your anniversary date. For example, if your anniversary date is in January and it's your 10 year anniversary, you would get 224 hours on January 1. But if your anniversary date were in December and it's your 10 year anniversary, you would get something weird like an additional 3 hours not 40 hours. No one is happy about this except for the people with anniversary dates early in the year. You can carry over up to 24 hours of unused PTO and an additional 16 hours with manager approval. MATERNITY LEAVE & SHORT TERM DISABILITY Maternity leave is handled as short term disability. 6 weeks for vaginal delivery and 8 weeks for c-section. The pay rate depends on seniority with the company. 0-1 years is 60% of pay. 1-2 years is 70%. 3-4 is 80%. 5+ is 100%. Short term disability is separate from PTO, so you could use all your short term disability and then use your PTO for additional time off. FMLA is applicable for full time employees that have been with the company for a year; however, FMLA does run concurrently with short term disability. If you happen to be pregnant while you are negotiating an offer be sure to negotiate the maternity leave you want; they will be reasonable. COMPANY PERKS As for company perks, there's 23% discount with AT&T wireless and a similar discount with Verizon.

  • Feb 03, 2017
    StarStarStarStarStar Former Employee in Columbus, Ohio

    Full medical and dental and vision, very inexpensive, 401(k) match 50% to IRS maximum - unheard of! Vacation needs one year vest, but increases to 3 weeks > 5 years and 4 weeks after 10 years.

  • Sep 28, 2016
    StarStarStarStarStar Current Employee in Columbus, Ohio

    The benefits package at NetJets is satisfactory for me as a single person. They offer prescription, medical, dental, vision, and other options.

  • Sep 19, 2016
    StarStarStarStarStar Former Director in Columbus, Ohio

    Salary is great. Medical benefits is very good, high deductible HSA, but everyone is moving to that. 401K is good, but takes 5 years to vest. No tuition reimbursement, no child care assistance, no community engagement, no wellness program (no place to even go for a walk), cafeteria not subsidized and no restaurants to walk to.

  • Aug 09, 2016
    StarStarStarStarStar Current Employee in Columbus, Ohio

    Fully paid benefits package. Acceptable fund matching for 401k. Colleague environment is enjoyable. Optional insurance package providers have been known to be challenging to work with. Vacation accrual is standard. Time off is standard.

  • Jul 31, 2016
    StarStarStarStarStar Current Employee in Columbus, Ohio

    Unionized employees get excellent health

  • Jun 21, 2016
    StarStarStarStarStar Current Employee in Columbus, Ohio

    Pro Great 401k match at 7.5%. Healthcare premiums are paid. Bonus structure Potential profit sharing in the future Cons No tuition reimbursement

Benefits Summary


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

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Insurance, Health & Wellness

  • CheckmarkHealth Insurance (33)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (33)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • CheckmarkMaternity & Paternity Leave (24)
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • CheckmarkEmployee Discount (5)
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

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

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