Reliance Standard Life Insurance Employee Benefits and Perks | Glassdoor

Reliance Standard Life Insurance Benefits

Location: US
11 Ratings

Employee Benefit Reviews

Showing 1–10 of 11 comments

Most Commented

  • Feb 11, 2019
    StarStarStarStarStar Former Client Service Specialist in Charlotte, North Carolina

    Excellent 401K match and it is invested with Vanguard. Excellent and inexpensive life insurance offerings. Other benefits were average.

  • Oct 24, 2018
    StarStarStarStarStar Former Employee in Philadelphia, Pennsylvania

    Good benefits suite but entirely too expensive for employees

  • Dec 20, 2017
    StarStarStarStarStar Current Dir in Philadelphia, Pennsylvania

    You can earn extra $$ by exercising staying healthy! The 401(k) match is 100% up to 4% and you vest immediately.

  • Oct 04, 2017
    StarStarStarStarStar Former Customer Service Representative in Philadelphia, Pennsylvania

    copays were reasonable in comparison to other employers

  • Oct 05, 2016
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Reliance Standard has a very mediocre benefits package. They no longer offer a pension plan and they are SHOCKED that no one stays with the company longer than a few years anymore. They offer 3% 401k contribution whether or not you contribute (immediately 100% vested). The medical insurance benefits are HORRID, there is no vision insurance, and dental benefits are average. They offer a bunch of products (e.g. annuities), but employees are not offered most of the products that the company sells. You get a small amount of life insurance for free, STD/LTD coverage of 50% of your salary (max buy-up is 60% which is pathetic for STD), and supplemental/dependent life and AD&D are extra. There are NO bonuses and $50 incentives here and there for everyone except sales and management. Your raise will likely be 2% annually (absolute maximum is 3% and that is if you are one of the TOP employees). They do allow you to pay for your train pass out of your paycheck using pre-tax dollars. The pay is not high enough to make up for the below average benefits.

  • Mar 14, 2016
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Ok for company of size

  • Mar 14, 2016
    StarStarStarStarStar Former Employee in Philadelphia, Pennsylvania

    very average nothing special. NO bonuses only COLA every year.

  • Oct 29, 2015
    StarStarStarStarStar Current Human Resources Assistant in Philadelphia, Pennsylvania

    The 401(k) offered an employer contribution which is pretty generous. STD and LTD require a buy up to get the standard 60%, which is more expensive than I was expecting. The good thing is that the premium for medical is adjusted based on your salary, so lower salaries have lower premiums. Dental is pretty expensive compared to other companies. There's also no employer HSA contribution.

  • Oct 30, 2015
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    everything seems pretty standard as corporate benefits packages are concerned. decent health insurance, decent pay, decent opportunities.

  • Sep 03, 2015
    StarStarStarStarStar Former Claim Analyst in Portland, Maine

    The best thing about the benefit package was the matching 401k the worst was the amount of sick days.

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 (9)
  • 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 (9)
  • Retirement Plan
  • 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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