One of the most tangible ways we value
our employees is through the comprehensive
benefits we offer. Many of our benefits
are fully funded by Reed Elsevier. The costs
of some are shared by our employees, and
still other options are available at low
group rates to our employees. We've highlighted
some of the available options below:
Health
Comprehensive medical coverage is available
through a variety of carriers and choice
of delivery models
Dental Coverage
Vision Plan
Other Tax Advantaged Benefits include
-- Flexible Spending Accounts
-- Transportation Reimbursement Account
Income protection
Income protection is available through
company-provided short-term and long-term
disability insurance plans
Basic life insurance and accidental
death & dismemberment insurance are
provided by the company
Options for increased coverage through
employee participation in a group plan
Retirement
Our employees can defer up to 20% of
their pay on a before-tax and/or after-tax
basis, subject to IRS limits, on contributions
to our 401(k) Salary Investment Plan.
Reed Elsevier contributes $.50 for each
dollar an employee contributes for the
first 6%
Employees are fully vested in the company
provided Reed Elsevier US Retirement Plan
after five years of employment
A Stock Purchase Plan is available after
six months of service, with no broker's
commission
Retiree medical care is available to
retired employees through participation
in our company-subsidized group retiree
medical plan
