Thread regarding IBM layoffs

IBM Perks & Benefits

Insurance, Health & Wellness

  • Health Insurance
  • Dental Insurance
  • Flexible Spending Account FSA
  • Vision Insurance
  • Health Savings Account HAS
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave
  • Vacation & Time Off

Vacation & Paid Time Off

  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • Sabbatical
  • Bereavement Leave

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance
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Post ID: @11xMWAUo

22 replies (most recent on top)

Pet-friendly? They never let me bring in my emotional support Leopard.

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Post ID: @11xMWAUo-8zsk

Ignores the details. Let's look at copays, deductibles, Out of pocket maximums for insurance.

Look at match percents and payment schedules for 401k. The investment options are good, but the annual match payout is unethical.

Free snacks and coffee are essentially non existent at most locations.

Very few can get approval for a sabbatical or tuition reimbursement x and even when you do, there's often a payback agreement required.

Stock purchase plan eliminated the discount years ago. And the stock isn't exactly worth buying without it.

When you look at the details, the package is substandard compared to other high tech companies. It might be competitive with other offshore body shops, but that's about it.

And of course, it's all moot if the company strategy k–ls your product segment...you're out the door.

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Post ID: @11xMWAUo-5tmy

Retiree health and benefits? No! Not at my IBM.

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Post ID: @11xMWAUo-2cxz

Travel concierge? Nope. Pet friendly? Nope. Work from home. Nope. Free lunch? Nope. And so on. Sure, probably some of these exist in some places, but this is definitely not the list for most, or really almost anyone.

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Post ID: @11xMWAUo-2eeq

Senior VP here. I get all those plus a hefty yearly bonus. Looks like I will join the chopping block, hence why I came here. To the HR lady offering candy: kma!

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Post ID: @11xMWAUo-2sta

Not candy. Nightlock berries.

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Post ID: @11xMWAUo-2tpo

Sour grapes. Come see me in HR, I have candy for you.

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Post ID: @11xMWAUo-2rhy

Its a bit weird someone from IBM HR would be on a IBM layoffs site .... i guess whatever floats your boat.

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Post ID: @11xMWAUo-1etd

Is that the list for C-level? Never met anyone who had all those benefits. I guess the C-level passes that around and congratulates themselves for the benefits they get meanwhile nobody else bothers to check who actually gets them.

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Post ID: @11xMWAUo-1yax

Count my blessings? Now that I do the work of 6-7 people they should count their bloody blessings they still have me. But not for long.

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Post ID: @11xMWAUo-1vhu

I work in IBM HR and can confirm that these benefits & perks do exist but not at all IBM locations. Big Blue is still one of the best employers. Count your blessings that you are still an employee at IBM.

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Post ID: @11xMWAUo-1ake

Is there a job posting to go along with these benefits ?

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Post ID: @11xMWAUo-1psg

@svm You are a troll!
Let's see what will bring you Santa Claus next Christmas .... maybe it's an RA inside a pretty golden box with IBM logo just for you! Have fun and enjoy it :)

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Post ID: @11xMWAUo-1zhe

The IBM Shill that posted this Garbage straight out of the IBM Talking Points left off ONE Major Item.
#1. Absolutely No Job Security - All Employees are Disposable!

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Post ID: @11xMWAUo-1cla

Out of pocket cost of IBM's health care plans have to be the worst in the nation among large and medium companies. High deductible that seems to go up each year. And there is a charge for each child on the plan. Most plans in other employers seem charge the same for 1 or more children. So IBM does not favor a large family.

401K match was very good but it seems they are working on 'fixing' that.

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Post ID: @11xMWAUo-1dev

@svm company car is given to EU employees. It is a common benefit for employers in the EU to decrease payroll taxes. Recently though IBM has been decreasing this benefit. In the UK, only B10 and above are allowed to get a company car now. The benefit amount for leases has been decreased over time in most countries.

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Post ID: @11xMWAUo-1tun

Left off the list... If over 50 and remote worker - RA - job offshored

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Post ID: @11xMWAUo-1qhl

Regarding ESPP - there is a formula - not sure what it is, but in other companies, it is be some discount on the lowest price during the period. It should be possible to reverse-engineer the formula based on historical stock prices and an old statement from the old company.

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Post ID: @11xMWAUo-1gvs

I pay for my own cell phone, yet its used for IBM purposes.
That's when you know you've reached loser status.

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Post ID: @11xMWAUo-kol

HR trying to make IBM look good.
No free lunch, never heard of company car, etc...

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Post ID: @11xMWAUo-svm

Here's a question I have re IBM ESPP- this might not be the right place but maybe someone who's reading here can help me. I am a retired IBMer- '84 to '18. I participated in the ESPP plan for those years and only sold a few shares over the years. I am now trying to put together the cost basis for my purchases over those years to consider which to sell. I know I am too highly leveraged with IBM stock. The challenge I've found is there is no single record of my purchases going back to '84 with the cost basis the IRS requires. Computershare currently runs IBM ESPP - they acquired it from Equiserve around 2004 and prior to that it's not clear to me. I've talked to IBM ESPP- they point me to Computershare. Computershare says they have some data but nothing prior to when they started and some Equiserve data. I can't be the only one going through this issue. How have of you addresses this? Or other ideas on where I should look? Thanks!

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Post ID: @11xMWAUo-fvs

and your point is???

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Post ID: @11xMWAUo-gtv

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