UL Solutions
UL Solutions Compensation & Benefits
Frequently Asked Questions
UL Solutions ensures pay and bonus plans are competitive by conducting formal compensation reviews annually. These reviews focus on ensuring that employees are paid within 25% of the median salary for their role in their region, ensuring that pay is competitive globally and individuals receive fair pay wherever they are.
UL Solutions includes all full-time employees in its performance incentive program, providing strong performers with an annual bonus, driving productivity and satisfaction for employees who deliver on the shared mission of making the world a safer, more sustainable place. Employees also note fairness in how performance is linked to outcomes.
UL Solutions offers employee health insurance options to US based staff, provides a 401(k) match, offers generous PTO and paid holidays. Additionally, the company hosts annual employee appreciation days at many of its offices, demonstrating a comprehensive benefits package.
Leadership reinforces this by benchmarking plans and perks annually against market data; reviewing employer contributions each year. Additional signals include positive Glassdoor and Indeed reviews referencing perks. Benefits differ based on regions and nations. In the USA employees have access to additional benefits, like legal support, critical illness coverage, Employee Assistance Programs, long term care, identity theft insurance and more.
UL Solutions operates an employee stock purchase plan in the United States and across may of its major operating regions worldwide. UL Solutions stock equity is role dependent.
UL Solutions's Benefits
Offers performance bonuses
All UL Solutions employees are eligible to participate in an annual bonus program that rewards employees for contributing to the company's business success..
Offers generous parental leave
UL Solutions offers six weeks of paid parental bonding leave to birth and adoptive parents to enable them to spend time with their newborn or newly adopted children.
Provides adoption assistance
UL Solutions offers an adoption assistance benefit to eligible employees to help cover costs associated with adopting a child.
Provides family medical leave
UL Solutions offers a paid family leave, which enables eligible employees to request up to four weeks of paid time off to care for and assist an eligible family member.
Offers dental insurance
Cigna dental plan covers the following at 100% per calendar year: Two exams, including cleanings, one flouride treatment and sealants (per tooth) limited to dependent children; one set of x-rays.
Offers Flexible Spending Account (FSA)
UL Solutions Flexible Spending Account helps employees cover out-of-pocket medical, dental, vision or to pay day care expenses with pre-tax contributions of up to $5,000 annually.
Offers health insurance
UL Solutions Health Plans pay over 75% of medical coverage and offers a choice of two high deductible health plans and a PPO plan, administered by United Healthcare.
Offers mental health benefits
In addition to our EAP, UL Solutions has an internal site for employees to access support and resources for mental health and wellbeing. The site is updated monthly with events and activities.
Offers pet insurance
Offers vision insurance
UL Solutions offers affordable vision insurance through EyeMed
Offers 401(K)
All UL Solutions employees can utilize the 401(k)-retirement savings plan to save for future financial needs.
Offers disability insurance
UL Solutions offers Short-Term Disability coverage and Long-Term Disability insurance.
Offers life insurance
UL Solutions provides life and accidental death and dismemberment (AD&D) insurance, each equal to an employee's annual salary at no cost to you. Employees can purchase additional coverage.
Provides 401(K) matching
UL Solutions matches pre-tax/Roth 401(k) contribution dollar for dollar up to 3% of base you contribute and then 50 cents for dollar between 3-7%, for a total of 5% matching contribution.
