WellPoint's Total Rewards Package
Our associates want more than a paycheck. They want a chance to excel, move ahead,
and do better for themselves and their families. But most of all, they want benefits
that support their quality of life, their goals and their future.
As an employer, we want to maximize our associates' satisfaction and performance.
At WellPoint, we've succeeded in creating a benefits program that not only meets
the needs of associates, but also drives company results - and all at the right
cost.
Total Rewards is a comprehensive program of benefits that provides the ultimate
combination of flexibility, choice and affordability. Specific aspects of the package
include:
At WellPoint, we believe people should never stop learning and growing, and that
they should be applauded for the successes they achieve. That's why we support our
associates with a dynamic variety of Career Development benefits, including:
- Tuition Assistance - Up to $5,000 in tax-free reimbursement each year to cover the
cost of tuition, required fees, and textbooks at an accredited institution.
- Certification Awards - To recognize certain certification achievements, we may reward
your efforts with a monetary award.
- Service Recognition Awards - We celebrate your commitment to the company by offering
service awards at five-year milestones and upon retirement.
- Learning and Development - At WellPoint, we know that development is a business
imperative and understand it is key to our ongoing success. That's why we provide
associates a wide variety of flexible development opportunities, such as online,
on-demand resources, instructor-led workshops, and on-the-job training.
The information presented here is a general summary. When a conflict arises between
this general summary and plan documents, the plan document will prevail. WellPoint
reserves the right to amend or terminate its benefit plans at any time.
At WellPoint, we believe in creating shared success with our associates. That's
why we provide a variety of benefits designed to help you plan for your financial
future and achieve your personal and professional goals, including:
- 401(k) Retirement Savings Plan - Associates may participate upon hire and are eligible
for matching company contributions after one year of service.
- Retiree Medical Spending Account (RMSA) - After age 40, the company contributes
money each year to an RMSA, which will grow with interest. Upon retirement, you
have access to the money in this account to help pay for your retiree health care
premiums (medical, dental and vision).
- Life Insurance - Associate, spouse/domestic partner, and/or child(ren) coverage
- Long-term Disability
- Financial Education
The information presented here is a general summary. When a conflict arises between
this general summary and plan documents, the plan document will prevail. WellPoint
reserves the right to amend or terminate its benefit plans at any time.
At WellPoint, we believe that hard work, perseverance and success should be rewarded.
That's why we provide a compensation package that recognizes the skills and contributions
each associate brings to our organization. Featuring competitive salaries and incentives
for exceptional performance, our associate recognition benefits include:
- Base Pay - Our base compensation system is market-driven and built to differentiate
among individuals based on performance and competencies.
- Merit Increases - Base pay merit increases are determined by your performance and
pay relative to market data.
- Incentive Programs - At WellPoint, we believe that results improve when we are all aligned as one company working together to acheive common goals. To ensure we all share in WellPoint's success, we offer incentive programs so that you are rewarded when the company, your department/business unit and you meet or exceed our objectives.
The information presented here is a general summary. When a conflict arises between
this general summary and plan documents, the plan document will prevail. WellPoint
reserves the right to amend or terminate its benefit plans at any time.