Schneider Electric

Boston, Massachusetts, USA
150,000 Total Employees
1,200 Local Employees
Year Founded: 1836

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Benefits at Schneider Electric

We offer a variety of benefits, resources and well-being programs to help employees be their best in all aspects of their lives. Our goal is for benefits to provide what employees value, while keeping benefits affordable for employees and the company. Benefits offer ways to balance employee's lives and provide flexibility.

Examples include:

  • Family planning benefits such as 20 weeks fully paid family leave for primary parent after birth or adoption & 4 weeks secondary parental leave, adoption and surrogacy, infertility treatment and fertility support, high-risk maternity management, breast milk shipping
  • Alternative work arrangements including temporary part-time options, flexible schedules, hybrid work arrangements, home office benefits
  • Financial offerings including a 401(k) plan with Company match, free money coaching, stock ownership program, $1 for $1 charitable gift matching, and more
  • Continued education benefits with tuition reimbursement and student loan support
  • Company provided flex dollars that you can choose to apply toward your benefit expenses or purchasing additional paid time off
  • Non-traditional/Innovative/Flexible benefits like a Life Planning Account where you can reimburse yourself for pet insurance, college prep courses and sustainability products; subsidized back-up care for pets, kids or elders; employee sabbatical, ability to purchase PTO and SO MUCH MORE.
  • Financial + Retirement

    401(K) matching

    Employees can contribute pretax or Roth after-tax up to 75% of pay, within IRS limits. The company matches 100% on the first 6% of contributions, and employees are immediately vested!

    Employee stock purchase plan

    Charitable contribution matching

    • $25 new hire gift to be donated to the charity of your choice • Charitable Gift Matching: Schneider Electric will match employee donations (up to $5,000 per employee per year)

    Performance bonus

    Child Care + Parental Leave

    Adoption Assistance

    Family planning support for fertility, infertility, adoption and surrogacy.

    Childcare benefits

    5 days per year of company-subsidized back-up child care, adult/elder care or pet care when full-time care is not available as well as a free Care.com premium membership

    Company sponsored family events

    Family medical leave

    Generous parental leave

    Global paid family leave after the birth or adoption of a child (20 weeks for primary parent & 4 weeks secondary parental leave) (employees are eligible for paid family leave starting day one)

    Return-to-work program post parental leave

    Fertility benefits

    Family planning support for fertility, infertility, adoption and surrogacy.

    Office Perks

    Commuter benefits

    Company-sponsored outings

    Onsite gym

    Free snacks and drinks

    Home-office stipend for remote employees

    Meditation space

    Mother's room

    Professional Development

    Continuing education stipend

    Customized development tracks

    Job training & conferences

    Mentorship program

    Online course subscriptions available

    Promote from within

    Lunch and learns

    Continuing education available during work hours

    Tuition reimbursement

    Educational assistance covering tuition, books, registration, and lab and test fees for employees who wish to continue their education.

    Personal development training

    Virtual coaching services

    Apprenticeship programs

    Diversity

    Dedicated diversity and inclusion staff

    Diversity manifesto

    Documented equal pay policy

    Highly diverse management team

    Mean gender pay gap below 10%

    Mandated unconscious bias training

    Diversity employee resource groups

    Women in SE, Emerging Professionals, Veterans, Black Professionals, LGBT+ and Allies, Diversity & Inclusion Champions, Hispanic Professionals, Disability, Accessibility & Allies, Asian Professionals

    Hiring practices that promote diversity

    Schneider Electric offers specialized training for recruitment teams on diversity hiring, covering how to recruit diverse talent, ensure positive experiences, and influence inclusive hiring decisions.

    Diversity recruitment program

    Recruiting from Historically Black Colleges and Universities as well as the National Society of Black Engineers and Society of Women Engineers.

    Health Insurance + Wellness

    Dental insurance

    Dental insurance covers preventive and diagnostic care at 100%. There are two options: both cover the same services, with one including orthodontia for adults and children.

    Disability insurance

    Long-term Disability: Company pays 50% of base pay; employees can buy extra coverage Short-term Disability: 100% of base pay for 4 weeks, then 60% for up to 26 weeks; employees can buy extra coverag

    Flexible Spending Account (FSA)

    Pretax dollars can be set aside to reimburse for eligible health care expenses.

    Health insurance

    Schneider Electric employees are eligible for health insurance plans starting day one of employment and have three medical options to choose from

    Life insurance

    • Company provided basic life and AD&D coverage • Spouse and/or Child Life insurance

    Vision insurance

    Vision insurance provides coverage for an annual eye exam, corrective lenses, frames, and contacts.

    Wellness programs

    Schneider Electric recognizes the importance of work-life balance and offers flexible work arrangements, wellness programs, and initiatives to support employees' well-being.

    Mental health benefits

    All employees and household members (ages 6+) can access free mental health therapy, coaching, and resources—no need to participate in the medical plan. It's available at no cost!

    Transgender health care benefits

    Wellness days

    Culture

    Volunteer in local community

    Employees can take 20 hours of paid time off annually to volunteer. Our Dollars for Doers program donates $25/hour for outside volunteering (up to $1,000/year).

    Flexible work schedule

    We support work/life balance with flexible arrangements, encouraging a hybrid approach: 2-3 days in the office and 2 days at home, with hours that suit both employees and their teams.

    Open door policy

    Open office floor plan

    Partners with nonprofits

    Remote work program

    We support work/life balance with flexible arrangements, encouraging a hybrid approach: 2-3 days in the office and 2 days at home, with hours that suit both employees and their teams.

    Team based strategic planning

    OKR operational model

    4-day work week

    We support work/life balance with flexible arrangements, encouraging a hybrid approach: 2-3 days in the office and 2 days at home, with hours that suit both employees and their teams.

    Employee resource groups

    Employee-led culture committees

    Quarterly engagement surveys

    Hybrid work model

    Summer hours

    President's club

    Employee awards

    Vacation + Time Off

    Generous PTO

    PTO varies by service length: Up to 15 days (first partial year), 15 days (0-2 years), 20 days (3-9 years), and 30 days (10+ years). Employees can also purchase additional PTO for flexibility!

    Paid volunteer time

    Employees get up to 20 hours of paid time off for community service yearly. Plus, our Dollars for Doers program donates $25 per hour volunteered outside work (up to $1,000/year)!

    Paid holidays

    Paid sick days

    Sabbatical

    Sabbatical leave, allowing employees to take a Recharge Break for 6-12 weeks at a time, the cost of which is shared between employee and Schneider Electric.

    Floating holidays

    Bereavement leave benefits

    Additional Perks + Benefits

    At Schneider Electric, we offer a variety of benefits, resources and well-being programs as our way of helping employees be your best in all aspects of their lives — at work, at home and everywhere in between. Our goal is for our benefits to provide what employees value, while keeping benefits affordable for employees and the company in the long term. Our benefits offer ways to balance our employee's lives and give them the flexibility they need.