Panduit Employee Benefits and Perks | Glassdoor

Panduit Benefits

37 Ratings

Employer Summary

At Panduit, we offer our employees a broad selection of employee benefit programs designed to support and protect you throughout your career here. From a choice of medical plans, including HMO’s, generous company provided life insurance to a generous 401(k) match and even profit sharing, you’re sure to find something you’ll like.

Benefit Options include:

  • Medical with embedded wellness programs
  • Telemedicine
  • Prescription Drug
  • Dental
  • Vision
  • Flexible Spending Accounts for Health Care and Dependent Care
  • Health Savings Account with Company contributions
  • Hospital Indemnity Plan
  • Various supplemental and dependent Life Insurance options
  • Supplemental Long Term Disability
  • 401(k) Plan with generous match and profit sharing

Benefits Provided Free of Charge Include:

  • Generous basic term life insurance coverage
  • Short Term Disability
  • Basic Long Term Disability
  • Employee Assistance Program
  • Fitness Club discounts
  • Tuition Assistance/In-House Professional Training
  • Discounted recreational activities offered to employees and their families
  • Vacation/Holiday Pay

Employee Benefit Reviews

Showing 1–10 of 37 comments

Most Commented

  • 401K Plan  (10 comments)

    “4% is not super(full match for the first 3% and half match for next 2%). But it is the typical case for this area.”

  • Vacation & Paid Time Off  (6 comments)

    “The new policy from 1/1/2019 is better than before. It is much more reasonable. I came to Panduit with 15 days off. But after 5 years, that 15 days...”

  • Health Insurance  (5 comments)

    “It is good to have a health insurance plan. It is better than no plan. But I never use the plan as it is not as good as my wife's even I need to...”

  • Jan 22, 2019
    StarStarStarStarStar Current Employee in Lockport, Illinois

    The best are work from home and flexible hours, the worst is health insurance plan. I never used Panduit's health plan but my wife's.

  • Oct 25, 2018
    StarStarStarStarStar Former Enterprise Account Manager in Houston, Texas

    Best - Great Health Insurance - 401K with Matching - Very nice employee stock purchase program Worse - Commission Structure is way to complicated that you have to be a rocket scientist to understand - The change in the way vacation is handled each year makes it hard for people to focus on work rather than having to scramble to take time off.

  • Sep 20, 2018
    StarStarStarStarStar Former Summer intern in Joliet, Illinois

    My favorite part about Panduit was the intern events, they allowed me to get to know others that were in the company and in different departments.

  • Sep 04, 2018
    StarStarStarStarStar Former Engineer in Tinley Park, Illinois

    Friendly co-workers, and great 401K

  • Jul 16, 2018
    StarStarStarStarStar Former Director in Tinley Park, Illinois

    Long wait to be vested in 401K matching.

  • Jan 31, 2018
    StarStarStarStarStar Former Employee in Chicago, Illinois

    No issues with the benefits

  • Oct 23, 2017
    StarStarStarStarStar Former Pricing Analyst in Tinley Park, Illinois

    No paid time off, sick leave, holidays and benefits

  • Aug 28, 2017
    StarStarStarStarStar Former Machine Operator in Lockport, Illinois

    The best thing about their company was they were good at making you feel like you had a sense of purpose. That you could make a difference in the company. The worst thing is that they would use your ideas to improve the company then fire you.

  • May 02, 2017
    StarStarStarStarStar Current Employee in Tinley Park, Illinois

    Great value for the cost.

  • Mar 26, 2017
    StarStarStarStarStar Current Employee in Atlanta, Georgia

    Benefits are better than most companies They still offer a gold plan with reasonable premiums

Benefits Summary

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

Checkmark Employer Verified  No Data

Insurance, Health & Wellness

  • CheckmarkHealth Insurance (32)
  • 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)
  • CheckmarkRetirement Plan (11)
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • 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

  • Employee Discount
  • 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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