Thread regarding Cigna layoffs

HCSC PTO & Benefits

PTO
Accrued days start at 10 per year.
They give 16 paid holidays & floating days.

HCSC has a pension plan.
You make no contributions and since it's a defined benefit plan, you don't have any investment risk. You automatically become a participant after one year of eligible service and vested after three years. Even if you leave the company before normal retirement age, you'll keep your vested benefit earned during your HCSC career. For qualified employees, HCSC contributes to the Plan on a gradually increasing sliding scale based on age, starting at 3 percent of your base pay.

Their 401K plan is not as generous as Cigna’s, but it’s not terrible relative to the market.
Company match is on a dollar-for-dollar basis for the first one percent of eligible earnings and 50 percent on the next five percent of eligible earnings, per paycheck.
By my math, the company match is about 60% of Cigna’s.

6 weeks of paid parental leave.
4 days of paid bereavement leave.

It seems like HCSC’s bonus program is an afterthought.

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| 1201 views | | 2 replies (last April 3, 2024) | Reply
Post ID: @OP+1rQA4Hc0

2 replies (most recent on top)

I want to say it’s 7 floating days to use at the beginning of the year on top of the accrued 10 days.

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Post ID: @1acr+1rQA4Hc0

Hcsc is a cash pension. You won’t get much

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Post ID: @1opg+1rQA4Hc0

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