Is Amazon any good? (401(k), health insurance, discounts + more)
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As an Amazon employee or prospective employee, you may be wondering if the company offers good perks. You’re not alone — lots of people are curious about Amazon’s perks.
So, in this post, we’ll take a look at what types of benefits Amazon offers its employees and what you need to know about them, read on!
Will Amazon have good perks in 2022?
Amazon is known for its excellent employee benefit programs, which include discounts on Amazon products and Prime memberships, as well as health insurance, retirement savings plans, educational assistance, and paid time off. Compared to other companies in the retail industry, Amazon’s lucrative earnings will help attract and retain the industry’s top talent in 2022.
Read on to learn more about the excellent benefits Amazon offers its employees, as well as other helpful facts!
How long must an employee work at Amazon to receive benefits?
Amazon employees are eligible for a variety of benefits from their first day on the job.
Compared to other companies in the retail industry, Amazon’s benefits program is designed to attract and retain the best talent.
Which Amazon employee benefits are the best?
Some of the most popular perks include Amazon’s world-renowned employee discount on Amazon products and access to Prime, which offers employees free two-day shipping.
Amazon also offers many other benefits, including health insurance, retirement savings plans, and paid time off.
Do Amazon employees have equity?
Amazon employees don’t automatically receive stock options as part of the compensation package.
However, Amazon does offer a stock purchase program that allows employees to buy Amazon stock at a discount.
restricted stock unit plan
Additionally, employees can participate in Amazon’s restricted stock unit program, which grants them Amazon stock that vests over time.
Amazon’s equity compensation program is designed to help employees build long-term wealth and ownership in the company.
What other benefits do Amazon employees get?
employee health
Amazon provides comprehensive health insurance for all of its employees, including medical, dental, and vision coverage.
Additionally, employees can use a Health Savings Account (HSA) and Flexible Spending Account (FSA) to help employees save on medical bills.
Parental leave
Amazon offers new parents up to 20 weeks of paid time off. For employees looking to adopt, Amazon also offers generous adoption benefits of up to $5,000 per child.
retirement savings
Amazon offers 401(k) plans with a company match of up to 5%.
In addition, they offer a variety of other retirement savings plans, such as IRAs, annuities, and employee stock purchase plans (ESPPs).
Paid leave
Amazon offers a generous paid leave policy, including vacations, sick days, and holidays.
In addition to standard vacation days, Amazon employees can get additional paid time off through the company’s volunteer program.
Discount
Amazon employees get 20% off Amazon products.
Likewise, employees can receive discounts on a variety of other products and services, including gym memberships, restaurants and travel.
caring for family
Amazon offers a number of benefits to help employees care for their families, including parental leave, adoption assistance, infertility treatment and childcare subsidies.
Not to mention, Amazon also offers a Dependent Care Flexible Spending Account (FSA) to help employees save on childcare costs.
educational aid
Amazon offers tuition reimbursement to employees who want to continue their education.
To create a knowledgeable environment, Amazon also offers a variety of other educational benefits, such as access to online courses and training programs.
This vocational training helps support employees’ success in their current and future Amazon roles.
Community Involvement
Amazon encourages employees to get involved in the community through the company’s volunteer program.
Additionally, Amazon employees can receive paid time off by volunteering with eligible organizations. In addition, Amazon matches employee charitable donations.
Diversity and Inclusion
Because of Amazon’s commitment to diversity and inclusion in the workplace, the company offers many resources and programs to support diversity and inclusion.
Some of these programs include employee resource groups, mentoring programs, and unconscious bias training.
Equal Employment Opportunity
Likewise, Amazon is an equal opportunity employer.
Accordingly, the company does not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status or disability.
Are there benefits for Amazon’s part-time employees?
Amazon provides benefits to all of its employees, whether they work full-time or part-time.
Additionally, part-time Amazon employees receive the same employee discounts and Amazon Prime memberships as full-time employees.
Can employees get free Amazon Prime service?
Amazon employees get free Amazon Prime membership. In addition, Amazon employees can get 20% off Amazon products.
To learn more, you can also read our posts on the Amazon Employee Assistance Program, Amazon Employee Discounts, and Amazon Leadership Principles.
in conclusion
Amazon is known for its excellent employee benefit programs. This package is one of the reasons Amazon has been able to attract and retain some of the best talent in retail.
Some of the most popular perks include Amazon’s world-renowned Amazon product employee discount and Amazon Prime membership. Other benefits Amazon offers include health insurance, retirement savings plans and paid time off.
