How are your company's benefits / perks? Can we share?

[Anubis]

I word everything better

i agree

 

[IronWing]

We get to name our salary. I named mine Pete.

 

[Possessed Freak]

Mediocre pay, shitton of vacation and sick days, good 401k, pretty good healthplan (but I miss the HMO (that thing ROCKED)).

 

[rumpleforeskin]

Its pretty interesting seeing the different perks in the USA compared to here in the UK.

I currently get:

45 days PTO

3x Yearly salary to next of kin if you die

Company pension scheme charges 7% before tax and every year you pay in gets you 1/70 of your final salary (so if you paid in for 45 years and earned £70,000/year you would receive a pension of £45,000/year until death, this goes up with inflation)

Fully paid time off sick up to a max of six months, after which its at the managers discretion if they will still pay you. Which they have done for some long term serving employees who have a terminal condition.

Option to buy shares in the company pre tax and you receive a bonus share for every 4 shares you buy provided you keep them for 5 years.

Private medical care (The NHS is pretty good but going private can usually get you seen quicker for non life threatening conditions, or at a minimum the private hospitals have nicer wards)

In the UK you would usually pay 20% tax on what you earn over £10,000 and everything you earn above £42,000 is taxed at 40%. You would also pay national insurance which averages about 10%

 

[Anubis]

yes the US sucks for the most part about vacation and time off
this is pretty standard for what people get

0-5yrs - 2 weeks
5-10yrs - 3weeks
10-20yrs - 4 weeks
20+yrs - 5 weeks

also worst maternity leave of any first world country, shit many 3rd world ones have better plans

 

[rcpratt]

Option to buy shares in the company pre tax and you receive a bonus share for every 4 shares you buy provided you keep them for 5 years.

That's awesome. Is the pre-tax part tied to the 5-year term as well?

 

[jlee]

Its pretty interesting seeing the different perks in the USA compared to here in the UK.

I currently get:

45 days PTO

3x Yearly salary to next of kin if you die

Company pension scheme charges 7% before tax and every year you pay in gets you 1/70 of your final salary (so if you paid in for 45 years and earned £70,000/year you would receive a pension of £45,000/year until death, this goes up with inflation)

Fully paid time off sick up to a max of six months, after which its at the managers discretion if they will still pay you. Which they have done for some long term serving employees who have a terminal condition.

Option to buy shares in the company pre tax and you receive a bonus share for every 4 shares you buy provided you keep them for 5 years.

Private medical care (The NHS is pretty good but going private can usually get you seen quicker for non life threatening conditions, or at a minimum the private hospitals have nicer wards)

In the UK you would usually pay 20% tax on what you earn over £10,000 and everything you earn above £42,000 is taxed at 40%. You would also pay national insurance which averages about 10%

Goddamn. 😱

 

[Rage187]

I am curious.... for those with 6+ weeks of PTO/Sick/Holidays - Where do you work?

I always hear it's liberal areas like the Bay Area that get those kind of benefits. Just curious.... If I need to move 😛

The deep south. We've also had domestic partner benefits since before I started in 2006.

 

[rumpleforeskin]

That's awesome. Is the pre-tax part tied to the 5-year term as well?

Yeah, you would still buy them pre tax but if you sell them before 5 years you would be liable to pay the tax and national insurance on the value that you purchased them for.

You are limited to a maximum of £1,800/year tax free on company shares schemes which may not be a massive amount its still a nice benefit which can soon add up.

So you would buy £1,800 shares but because you are paying 40% tax + 10% national insurance the real loss to your take home pay £900, then after 5 years you get the bonus share for every 4 shares. You get £2,200 of shares for £900 plus you get the associated dividends (been averaging about 5%/year) too.

You can reinvest the dividends back into the scheme instead of taking the money, you would not pay tax on this dividend reinvestment so you can soon get a nice saving that feeding itself.

 

[etrigan420]

I'm a FERS federal employee with prior military service.

-8 hours of PTO every pay period (26 days per year)
-4 hours of sick time every pay period (13 days per year)
-10 Federal Holidays
-Pension based on high 3
-TSP gives 100% match on first 3% of contributions, 50% on next 2%

EDIT: We get health insurance through my wife who is retired military.

 

[Printer Bandit]

30 days PTO

 

[ViviTheMage]

current job:

3 weeks PTO
'unlimited' sick days (if it's over a week or two they like to know what's up and possibly look at starting short term disability)
6% matched 401k vested day 1
3x salary if I die which is free
high deduct insurance 4k max outta pocket 95 per month for just myself

wish the insurance was better, but they do throw $2,000 into an HSA for me every year at least. I also dump $50 a paycheck into the HSA. I also noticed checking the HSA box on my taxes this year gave me a decent refund too.

 

[s0me0nesmind1]

Forgot to say with mine, I do get something like..... 6 weeks? 9 weeks? Something like that of paternity leave. Paid.

Also will help pay for things revolving around fertility/baby making including freezing semen/eggs, and insemination... Because when you work like you do here, the last thing you can afford is to have a baby now. You keep telling yourself later... later... until you're a woman that can't even produce eggs anymore 😉

 

[Exterous]

ME:
11 Holidays
15 sick days
12 PTO days (18 at 5 year anniversary and 24 at 8 years)
2:1 401k match up to 6% (I put in 6% they put in 12%)
Reasonable Health care ($300\month for 2 for HMO with $0 ded/100% coverage and 5/10/15 prescription
Free basic dental
Free basic vision
1x Salary Life insurance free and cheap increase ~$1.00\month per 1x salary increase
Hourly with plenty of opportunities for overtime and if I do support after hours I actually get paid for it
Easy to attain bonus structure
Lots of paid training opportunities

Wife:
Health opt-out bonus
Free basic dental
Free basic vision
2x salary life insurance
Teacher so a lot of days off
Supposedly there will be a pension when she retires (60% funded...)
403(b) options with no match

Zero. I work for a fat lazy asshole.

FTFY

 

[s0me0nesmind1]

I fucking hate it when companies provide "sick days". It's the most retarded shit ever. NOTHING ELSE will give you more of an excuse to play sick then that shit.

Just combine it with your vacation and call it PTO. You can take it, leave it, but once you take it it's gone.. regardless of how it's done.

 

[ViviTheMage]

I fucking hate it when companies provide "sick days". It's the most retarded shit ever. NOTHING ELSE will give you more of an excuse to play sick then that shit.

Just combine it with your vacation and call it PTO. You can take it, leave it, but once you take it it's gone.. regardless of how it's done.

Yeah, sick days are nice though...yo boss, can't come in, feeling like shit, and he usually says OK.

 

[highland145]

FTFY

QFT

Did you say hi to your new brother?

 

[Exterous]

I fucking hate it when companies provide "sick days". It's the most retarded shit ever. NOTHING ELSE will give you more of an excuse to play sick then that shit.

Just combine it with your vacation and call it PTO. You can take it, leave it, but once you take it it's gone.. regardless of how it's done.

Eh...I get it. It encourages people to stay home when sick (and not infect everyone else with their plague-ry) instead of hoarding the days for a vacation

QFT

Did you say hi to your new brother?

I accepted his friendship - that should be 'hi' enough 🙂

 

[soulcougher73]

Im at 10 years here so:

4 weeks vacation
8 sick days
1 floating holiday
7.5 national holidays
50% match up to 6% 401k, so max 9% total
HSA
Id say your average medical, dental, vision. Low OR high deductible plans available.
Flex time. 3 schedules to pick. Standard M-F and 2 9-80 shedules where you get every other friday off.

 

[IronWing]

I fucking hate it when companies provide "sick days". It's the most retarded shit ever. NOTHING ELSE will give you more of an excuse to play sick then that shit.

Just combine it with your vacation and call it PTO. You can take it, leave it, but once you take it it's gone.. regardless of how it's done.

I can't stockpile vacation days year over year. I can stockpile sick days. Right now if I break my leg I can walk out the door and collect full salary for just about a year before burning through all my days.

 

[highland145]

I accepted his friendship - that should be 'hi' enough 🙂

Don't lend him any $$. He tried to get me to come off my 35%. Sheesh, family.

 

[Belegost]

80 hrs/year vacation; as needed sick days; 10 fixed holidays plus one day to select for a personal holiday. 8 weeks paternity leave, private disability insurance at 70% of salary for up to a year (maybe 18 months).

Fully paid medical for entire immediate family, no deductible, reasonable copays ($300 for ER, $20 UC, $10 normal doc) with a max of 1000/person in a year, and 2000/family. Dental, and vision for me, charge $18/month to cover full family. Life insurance on myself at 3x salary, plus extra 250k term life for $8/month.

Up to 5500/year in 401(k) matching, but in a tiered system based on straight dollar amounts. Company stock purchases at 15% discount on market value, up to $20k/year.

2 review periods a year with cash and stock bonus opportunities, plus raises - with good ratings it's averaged about 10% of salary in cash bonus each year, and similar amounts in RSUs vesting over 3 years.

 

[madoka]

Cons:
- No PTO
- No holidays
- No sick days
- No weekends off
- No healthcare
- No 401K or retirement benefits
- No bonuses
- No stock options

Pros:
- Getting paid to surf the internet all day

 

[pcgeek11]

3 weeks vacation off a year.
1 week personal time.
401 K Plan 75% company match up to 10%.
Company paid pension.
80/20 Health plan, dental, vision 89 a pay period ( me and wife)
Profit goal shareing.

 

[xeemzor]

- 4 weeks PTO but can carry up to 1 week to new year
-.5% matching up to 5% of my total salary
- Alternate travel 4 times/year
- $75/day travel bonus(~120 nights/year)
- Mileage reimbursement (57.5 cents/mile is well above what it costs to drive my cheap econobox)
- Cell phone paid for
- Laundry paid for
- $60/day per diem
- Hotel and airline points ( I have over 500K Hilton Honors points right now )
- $200 for a new phone every year
- 12% average annual bonus
- $100/month HSA medical plan with a $1100 employer contribution
- Cheap dental, vision, disability insurance