 |
|
Careers: |
Benefits for Technology Employees |
 |
|
Because financial peace-of-mind and long-term security are central to the well-being and productivity of our employees, Walgreens has designed a comprehensive set of financial options and retirement benefits that can help.
Profit-Sharing Retirement Plan
Through our Profit Sharing Plan, employees may contribute up to 2% of their annual salary. The company then matches that contribution, based on company benefits.
Year After Year, Walgreens Profit Sharing Plan Has Been Very Generous...and Profitable.
For every $1.00 an employee contributes, Walgreens Profit Sharing Plan match has gone up year after year.
Here's An Example Of How One Employee Accumulated $477,000 In 25 Years.
1) The Employee contributed 2% of his/her salary over 25 years.
2) With personal contributions, company matched funds and earnings, this employee had a Profit Sharing account worth $477,000 after 25 years of service as of June 1999.
Supplemental Profit Sharing Contributions
You may make supplemental Profit Sharing contributions from 1% to 10% of salary. These contributions may be made on either a pre-tax or after-tax basis.
Flex-Pay
This plan enables employees to set aside a portion of each paycheck, tax-free, to be used for childcare, invalid dependent care, or other health care expenses not reimbursable under other benefit plans.
Employee Stock Purchase Plan
Upon eligibility, Walgreens employees may purchase Walgreens stock at a 10% discount, with no brokers' fees.
Other benefits to take care of your future
- Elective life insurance
- Income protection plan (long-term disability pay for illness/injury)
- Personal accident insurance
- Paid holidays
- Sick days
- Vacation time
Eligibility and benefits vary by position.
Figures will vary depending on salary, price of stock and dollar amounts invested. Earnings are subject to tax. Past performance is not indicative of future earnings. Employees are eligible to participate in the Profit Sharing Plan after one year of employment.
This document is merely an overview, not a comprehensive summary the Profit Sharing Plan. Plans are subject to change at any time per Company guidelines, rules and regulations.
|
|
|
