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Reed Elsevier Benefits Overview

Revised 01-04-2002  [ Print version ]
(full details in the Employee Handbook)
  • Holidays:  10 per calendar year.  (See this year's holidays)

  • Vacation Days:  (Click here for the full policy)
    0 < 2 years = 2 weeks per year
    2 < 7 years = 3 weeks per year
    7 years + = 4 weeks per year

  • Sick Days:   Responsible usage, usually up to 10 days for personal illness or to take care for ill spouse, child or dependent elder.

  • Personal Days:   During your first year of employment, personal days are prorated based on the month you were hired. Employees receive 3 personal days at the beginning of each calendar year.

  • Medical Insurance:  Full-time employees and part-time employees regularly scheduled to work at least 20 hours a week are eligible on their first day of employment.  Employees can choose from PPO and HMO plans.  Premiums are factored based on employee's base salary, employment status and number of dependents insured.

  • Dental Plan:  Full-time employees and part-time employees regularly scheduled to work at least 20 hours a week are eligible on their first day of employment. A Passive Preferred Provider Organization (PPO) is included in the dental plan. Employees may continue using their current dentist, but would be eligible for discounted fee-for-service arrangements whenever a PPO dentist is used.
    Rates factored based on salary, employment status and number of dependents insured.

  • Vision Service Plan:  Full-time and part-time employees can purchase the vision care benefit which includes an eye exam for a small co-pay and discounts on frames, lenses, and contact lenses.  Rates are based on employment status and number of dependents insured.

  • Life Insurance:   Group Term Life Insurance - 2 x annual salary. Employer paid.

  • Supplemental Life:  Can purchase coverage in increments of $10,000 up to a maximum of $500,000 or 5x your annual earnings whichever is less.
    Employee paid.

  • Dependent Life:   Spousal coverage is available in increments of $25,000, $50,000 or $100,000. Dependent child(ren) is available in increments of $5,000 or $10,000 per child. Employee paid.

  • Flexible Spending Accounts:  Allows you to avoid paying taxes on certain medical and dependent expenses.
         Health Care FSA - Reimburses you for eligible Medical, Dental and
         Vision Care Expenses.
         Dependent Care FSA - Reimburses you for eligible Day Care Expenses.

  • Pension Plan:  Eligible after 3 months of service.  Vested after 5 complete years of service.

  • 401 K Plan:  Eligible following 3 months of continuous service. Company will contribute 50% on the first 6% you contribute. Minimum 1% to maximum 20%. New hires will automatically be enrolled for a 2% pre-tax contribution amount upon meeting the 3-month waiting period. After completing 12 months of service from your date-of-hire, you are 100% vested.

  • Bereavement Leave:  3 days.  Harcourt grants bereavement time for the loss of a spouse, child, parent or sibling on an individual basis.

  • Jury Duty:  Paid time off.

  • Disability:  Must be a regular full-time or part-time employee regularly scheduled to work more than 20 hours per week.
    Short Term Disability
    66 2/3% or 100% of base earnings for up to a total of 26 weeks, depending upon length of service. Eligible after 60 days of employment.
    Long-Term Disability
    When an employee's disabling illness or injury extends beyond 26 weeks (one week of sick time and 25 weeks under STD). LTD provides salary continuation of 66 and 2/3% of monthly income in effect as of December 31 of the prior year.

  • Educational Reimbursement:  Regular FT employees are eligible following 6 months of service prior to the start of classes.  For up to 9 semester hours at a time, providing up to 100% of tuition and books, depending on grades.  Benefit is reimbursable to Rigby on pro-rated basis if employee resigns prior to 12 months after payment.

  • Direct Deposit:  Available for all employees through the Payroll Department.

  • Service Awards:  Given every 5 years and also at retirement.

  • Bonus Plan:  Full-time employees with at least six months of service are eligible to participate in the company's bonus program. Bonus dollars are earned based on company profitability.

  • Employee Assistance Program:  Reed Elsevier has contracted with Corporate Counseling Associates (CCA). CCA is staffed by professional counselors who offer short- term counseling and, if necessary, provide employees and their family members with referrals for continued or specialized care. Counselors offer employee assistance, child care assistance and adult care assistance. All CCA assistance is free and totally confidential. You can call CCA at 1-800-833-8707, 24 hours a day, 7 days a week.

  • Adoption Assistance:  Specific expenses, up to $5,000.

  • Matching Gift: 100% match to qualified charities; $25-$1,000 per gift, up to $5,000 annually per employee.

[ Back ]   [ Print version ]  [ full details in the Employee Handbook ]

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