Entire Benefits Listing
Reward and Recognition
Bonuses: Bonus programs create a powerful lever for rewarding results and behaviors that support our BioPharma strategy, our future-state operating culture and the commitments embodied in our mission and commitment. Competitive bonuses are awarded based on the company's and an individual's performance as it pertains to results and behaviors.
Achievement Awards: Employees may receive cash bonuses focused on recognizing and acknowledging strong behaviors and key contributions of special value to Bristol-Myers Squibb that are above and beyond an employee's regular responsibilities.
Employee Referral Program: We empower our employees to contribute to the success of our organization by helping to recruit talented people who share their passion for excellence. Eligible employees who refer an eligible candidate will receive a cash reward if the candidate is hired by Bristol-Myers Squibb.
Anniversaries: Recognition awards for significant years of service with Bristol-Myers Squibb are granted.
Family/Dependent Care
Adoption Assistance: Employees receive one week of paid time off to adopt a child or assume foster care responsibility. The company also helps defray adoption costs.
On-site Childcare: Child Development Centers are located on our larger corporate campuses:
- Hopewell, New Jersey
- Plainsboro, New Jersey
- Lawrenceville, New Jersey
- Wallingford, Connecticut
- New Brunswick, New Jersey (coming in 2010)
These facilities offer subsidized full-time and part-time daycare programs for children from eight weeks of age to five years old, and a full-day kindergarten. The centers also offer backup care for when school is out or childcare arrangements are temporarily unavailable, as well as summer camp.
Childcare Discounts: Bristol-Myers Squibb offers financial assistance at several national childcare centers with locations near our work sites.
Resource and Referral Services: Counselors help with planning and referrals for parenting and childcare, lactation, children’s education and elder care.
Lactation Services: Bristol-Myers Squibb subsidizes the purchase of a Medela breast pump, and offers free consultation with a lactation specialist. Sites also make private space available to nursing mothers.
Prenatal Program: Eligible employees receive telephone support with medical practitioners during pregnancy. There’s also a self-study program for employees who are expecting a child.
Domestic Partner Benefits: These benefits are offered to employees’ same-sex partners and their dependent children.
Health/Wellness
Health Care: A variety of medical and dental plans are available for eligible employees to choose from for themselves and their dependents.
Fitness Centers: On-site fitness centers at the company’s major locations offer aerobic, strength and flexibility training, as well as group exercise classes and massage therapy.
Health Services: On-site nurses provide flu shots, host blood drives and help support the health needs of all employees.
Pharmacy: Prescription drug coverage is provided to employees enrolled in a medical plan option. Covered prescriptions are available at a percentage of their retail cost, and most Bristol-Myers Squibb branded prescriptions are filled free of charge.
Retiree Health Care: Medical benefits are available to retirees.
Resource and Referral Services: You can receive professional and confidential counseling, referrals and information on a variety of topics, including addiction, financial problems, emotional well-being and legal issues.
Resource Groups: Bristol-Myers Squibb values diversity and sponsors resource groups that are open to all employees. These include: the African American Affinity Group; the disABILITY Network Alliance; Gay, Lesbian, Bisexual, Transgender and Straight Allies; the Pan Asian Network; Unidad Hispana and the Women’s Affinity Network. For more information on our Resource Groups, click here.
Work/Life Seminars: Lunch-time seminars provide information on topics ranging from enhancing leadership skills to parenting and elder care issues.
Flexible Work Arrangements: Bristol-Myers Squibb offers many flexible work options, including expanded flextime, part-time work, job sharing, compressed work weeks, telecommuting and remote work.
Financial/Savings
Charitable Donations: Bristol-Myers Squibb matches donations that you make to eligible organizations on a dollar-for-dollar basis per person per year.
Scholarships for Employees' Children: Bristol-Myers Squibb offers children of employees up to 50 scholarships every year for full-time undergraduate study. The company also offers up to 10 scholarships annually to children of employees for study in a community college or vocational-technical school.
Credit Union: The Bristol-Myers Squibb Federal Credit Union offers a variety of accounts and loans, as well as direct deposit and online bill paying.
Financial Planning: A financial planning option is available to eligible employees. This option offers phone or online tools to assist in your financial planning needs.
Life Insurance: You and your dependents are eligible to elect from among a range of coverage options.
Long-Term Care Insurance: Coverage is available to elect for you and your eligible relatives (your spouse/same-sex domestic partner, parents, grandparents, children, etc.).
Business Travel Accident Coverage: Coverage relating to accidents that occur while on company business is funded by the company.
Disability Coverage: To protect your income if you’re disabled, short-term and long-term disability benefits are available to eligible employees and are funded by the company.
Reimbursement Accounts: These can be used to fund covered health care and/or dependent care expenses, with pre-tax contributions deducted from your pay throughout the year.
Flexible Benefits Program: You are able to lower your taxable income by contributing your share of the cost of health care, employee life insurance and dependent care reimbursement accounts on a pre-tax basis.
Savings Plan: Bristol-Myers Squibb provides employees with the opportunity to save for retirement using pre-tax and after-tax dollars. Through the 401(k) savings plan, the company will match your contribution dollar-for-dollar up to a certain percentage of your annual pay. Each year the company will also make an additional annual contribution on an employee’s behalf. Eligible employees can start contributing to the Savings Plan immediately.
Education and Training
Traditional Classroom: You may elect to enroll in one of hundreds of our on-site classes with titles such as "Organizational Savvy," "Presentation Skills" and "Working as a Team."
Professional Development Programs: A core curriculum exists as part of our company's formal training programs for entry-level up to executive-level employees. Example courses include "Unlocking your Leadership Potential" and "Personal Empowerment - Taking Initiative."
Online Courses: Self-paced classes selected from our extensive e-learning catalog — one of the best in the industry — enable you to study a variety of topics whenever and wherever you want.
e-Cornell: You may enroll in Ivy League online courses covering various management and business topics that unite Fortune 100 employees with Cornell faculty.
Tuition Assistance: Bristol-Myers Squibb reimburses eligible employees for 75 percent of the cost to enroll in college or university courses that would benefit both the employee and the company.
Time Off
Holidays: There are nine fixed holidays in addition to four optional holidays, which may be utilized for days of personal significance annually.
Vacation: Employees may receive anywhere from two to six weeks annually based on service.
Leaves of Absence: Employees are eligible for extended time off for their own illness, adoption, family care, maternity, medical conditions, military, parental care or personal leave.
Sick Time: Employees are eligible for paid time off due to illness under our short-term and long-term disability plans.
Other Benefits/Services
The following benefits/services are on-site at most Bristol-Myers Squibb locations:
- Cafeteria
- Catering service
- Main Street Express ‘grab & go’ station
- Kitchenettes on each floor with vending machines, free coffee and water
- Employee eStore for logo clothing, hair care products, etc.
- Movie tickets
- Dry cleaning service
- Automobile detailing
- Lunchtime vendor program
- Hair salon