GE Employee Benefits

The GE Benefits package offers comprehensive benefits, which are among the best in the industries in which GE Consumer & Industrial competes. On average, the value of an employee's GE benefits adds up to about 50% of an employee's compensation. For example, if an employee's wages are $28,000, then the GE job is really worth more like $41,000.

Today, an average hourly employee pays $7.38 a week for individual healthcare coverage or $23.35 a week for family coverage on the Health Care Preferred Plan.

Medical/Insurance

• GE medical benefits (Medical Benefits Plan and Health Care Preferred)
• Prescription coverage / Prescriptions by mail or online services
• Vision
• Dental
• Mental health and substance abuse treatment
• Personal accident insurance
• Travel accident insurance / Accidental death and dismemberment
• Long-term disability income
• Short-term disability income
• Life insurance
• Dependent life insurance
• Long-term care insurance

GE Pension

• Personal pension account
• Voluntary pension account

Savings and Matching Funds Programs

• Savings and Security Program (S&SP)
  • Pre-tax and after-tax contributions
  • Company-matched contributions
• More Gifts... More Givers (charity and matching gift program)
• Corporate Alumnus Program

Vacation and Time Off

• Vacation days (1-6 weeks depending on length of service)
• 11 holidays
• Family Medical Leave Act
• Jury duty
• Military duty
• Death in the family
• Personal illness / personal business

Other Benefits

• GE Work/Life Connections
  • Adoption assistance
  • Child care
  • Elder care
• Flexible Spending Accounts
  • Medical
  • Dependent day care
• Job loss benefits
• Tuition reimbursement
• Scholarship awards for children of employees and retirees
• Educational loan programs
• Emergency Aid Plan (loans and grants)
• Employee assistance programs
• Employee product purchase plans (courtesy discounts)
• GE Marketplace discounts
• Service awards
• Stock redemption Program
• U.S. Savings Bond Purchase Plan