Employee Benefits at IBM – What are IBM Employee Benefits?

Employee Benefits at IBM – What are IBM Employee Benefits?

If you’re looking for a job at IBM, you must check out this post to learn IBM employee benefits.

Besides the IBM employee benefits Package, we have also provided genuine details on IBM’s retired employee benefits, IBM employee medical benefits, IBM employee health benefits, IBM employee 401k benefits, IBM Canada employee benefits, and IBM employee benefits Shap.

IBM Employee Benefits

You can also get here IBM employee benefits phone number, IBM retired employee benefits telephone, and IBM corporation employee benefits pdf.

Also Read:IBM Employee Benefits

IBM Employee Benefits and Perks – Complete Guide

The International Business Machines Corporation commonly referred to as IBM is the information technology and services industry. It was formed due to the merging of four different companies in 1911 as Computing-Tabulating-Recording Company. Later the name changed to IBM in 1924 and currently, it’s head office is located in Armonk, New York.

IBM Employee Benefits

The International Business Machines Corporation specializes in cloud computing, computer hardware, computer software, and artificial intelligence. 

IBM Corporation has over 360,000 employees to provide services to clients in 177 countries across the world.

IBM Employee Benefits Team

  • Diane Gherson – Chief Human Resources Officer
  • Find Diana Gherson on LinkedIn

What are IBM Employee Benefits?

IBM knows how to keep its staff loyal and motivated with a comprehensive IBM Employee Benefits Package. Here is a brief account of employee benefits at IBM, which you can enjoy.

IBM Employee Benefits Description
Health Insurance
  • IBM employee medical benefits
  • Two different healthcare plan; IBM PPO and IBM PPO Plus
  • Covers most of the hospitals at low co-pays.
  • Covers HAS, dental, and vision at low rates
401(k) Plan IBM matches 100% of employee’s first 6% contribution 
Dental Insurance IBM pays up to $2,000/year to cover routine dental procedures, cleanings, braces, etc. 
Vision Insurance
  • Free pair of glasses or contacts per each year
  • Discount card for checkups
Health Savings Account (HSA)
  • Option to add HSA during annual medical enrollment
  • Pays add-in of up to $300
Flexible Spending Account (FSA) Tax-free healthcare spending accounts for dependent and health care
Employee Stock Purchase Plan IBM offers a 5% discounts on all products with the first opportunity to buy
Retirement Plan Provided by Fidelity to enhance employees futures with deferred profit plans and registered retirement plans
Work from Home Facility to work from home with flexible hours
Maternity & Paternity Leave
  • 16 to 18 weeks of maternity leave after the birth
  • 12 weeks of paternity leave
Family Medical Leave 2 to 12 weeks off for medical emergency and sick family members
Vacation & Paid Time Off 15 days of PTO plus 5 floater holidays are available
Paid Holidays 12 paid holidays per year are available
Travel Concierge
Employee Discount
  • 23% off on mobile networks
  • 5% off on rental cars, movie theatres, clubs, hotels, and Lenovo products
  • Free passes to museums
Diversity Program Equal opportunity and quotas for all employees
Tuition Assistance 100% tuition reimbursement is available

Best employee benefits at IBM

The followings are best-known IBM employee benefits:

  • Healthcare insurance.
  • IBM employee 401k benefits, 401 (k) match up to 6%.
  • 15 days of PTO plus 5 floater holidays are available.
  • 20 weeks of maternity leave plus 12 weeks of paternity leave.
  • Employee Stock Purchase Plan (ESPP).
  • Employee Stock Purchase Plan and Employee discounts.

When it comes to best-known employee benefits at IBM, IBM employee medical benefits, or IBM employee health benefits are notable amongst all. IBM offers Two different healthcare plans; IBM PPO and IBM PPO Plus to chose from. Both covers mostly all hospitals with relatively low co-pays. IBM health insurance also includes HAS, dental, and vision coverage at low rates.

IBM Employee Benefits

IBM employee 401k benefits are another great thing to mention. Through IBM employee benefits 401k plan, IBM matches 100% of the employee’s first 6% contribution. At least a 5% contribution plus one year of experience is required to be eligible for IBM employee 401k benefits.

When it comes to IBM Vacation Policy, IBM offers 15 days of PTO, 12 paid holidays, and 5 floater holidays for employees as IBM employee benefits PTO. You also have the option to work from home.

IBM Employee Benefits

Overall, IBM offers small but unique, employees benefits IBM for its lovely staff which ensures a high employee retention rate.

Does IBM Employee Benefits Change for Different Jobs?

If you are worried about IBM’s part-time employee benefits, then don’t think more. Here’s your solution.

IBM Corporation maintains an impartial benefits system and offers IBM Employee Benefits and Perks uniformly across the company regardless of the Job position of employees.

IBM Employee Benefits

IBM Employee Benefits for full-time employees are almost the same as part-time employees receive health, life, dental, and disability insurance plans. The only requirement is you must have to work for a year for the company to be eligible for the secondary benefits.

IBM employee benefits phone number and IMB Customer Care

If you have a specific question about IBM employee benefits packages, coverage, or specific conditions, have a talk with the support specialists at 866-937-0720, (TTY: 800-426-6537).

  • IBM Toll Free Number: 1-800-IBM-SERV, 1-800-426-7378, 1-800-667-6383
  • IBM Phone Number: 914-499-1900
  • Phone Number for General Inquiries: 800-IBM-4YOU (800-426-4968)
  • Contact Number for Shopping Assistance: 888-SHOP-IBM (888-746-7426)
  • Managed and Cloud Services Providers Phone Number: 877-IBM-ACCESS (877-426-2223)
  • Phone Number For Benefits Information: 800-796-9876
  • Office Contact Number: 888-839-9289
  • Office Telephone Number: 914-499-1900
  • Media Relations Phone Number: (781) 575-2727
  • Investor Relations Contact Number: (888) IBM-6700, (914) 499-7777
  • IBM Email Address: [email protected]
  • TTY Number: 800-IBM-3383 (800-426-3383) (within North America)
  • Official Website of IBM: https://www.ibm.com/

History

IBM was founded in 1911 in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR) and was renamed “International Business Machines” in 1924. IBM was founded with the city of New York and has operations in more than 170 nations. [7]

In the 1880s, new technologies were developed that would later become the basis technology of International Business Machines (IBM).

Julius E. Pitrap patented the computing scale in 1885;[9] Alexander Dey invented the dial recorder (1888);[10] Herman Hollerith (1860-1929) patented the Electric Tabulating Machine;[11] and Willard Bundy invented a time clock to record a worker’s arrival and departure time on a paper tape in 1889.

[12] On June 16, 1911, their four companies were amalgamated in New York State by Charles Ranlett Flint forming a fifth company, the Computing-Tabulating-Recording Company (CTR) based in Endicott, New York.

[1][13] The five companies had 1,300 employees and offices and plants in Endicott and Binghamton, New York; Dayton, Ohio; Detroit, Michigan; Washington, D.C.; and Toronto.[citation needed]

IBM FAQs

Does IBM provide free food for employees?

There is no free food, other than on special occasions such as Diwali or Christmas when you are at work on the day..

Does IBM give shares to employees?

Ineligible IBM employees will receive “restrictive stock units” (RSU) that under the terms of which employees is promised a return on the shares they are awarded, but without having them in their possession. This means that at a worth at $159 (on 28 January) the $1,000 bonus in stock can be converted into 7 stock units.

Does IBM Gives joining bonus?

Bonus for joining: Paid at the date that you joined IBM. Check your offer letter/employment contract to find out more about the clawback time period and the date of earning. Relocation allowance: paid when you join IBM. The date of earning is one year after joining IBM.

Related searches

ibm employee benefits india ibm retirement benefits
ibm employee benefits india 2022 ibm policies for employees
ibm employee benefits 2022 ibm retirement benefits website
ibm salary and benefits ibm retiree benefits 2022