BENEFITS AT MERCK

Our employees are the key to our company's success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards program.

Total Compensation

Total compensation at Merck is comprised of various programs, designed to recognize and reward different aspects of your performance.

  • Base Pay - Determined by an employee's actual position in the marketplace and sustained performance over time, as well as development of skills and abilities.
  • Incentive Pay - Cash awards that motivate employees to achieve high levels of performance for both the individual and the company.
  • Long-Term Incentives - For eligible employees, equity-based incentives that recognize future potential for significant contribution to the company.

Health & Wellness

We recognize the importance of our health and wellness offerings to our employees and their families and are proud to offer a competitive and comprehensive package that includes coverage options in the following areas:

  • Medical - Merck and its employees share the cost of healthcare benefits, with the company offering significant financial support. The company offers coverage for a wide variety of medical services.
  • Prescription Drug - All medical plans offer prescription drug coverage with retail and mail service options. And, when you take advantage of the program's mail-order pharmacy service or use Merck brand drugs, you save money.
  • Dental - Offers coverage for a wide variety of dental services.
  • Vision - Optional coverage that helps pay the cost of certain necessary vision expenses.
  • Health and Dependent Care Flexible Spending Accounts - Optional pretax accounts that provide opportunities to set aside money to pay for certain healthcare and dependent day care expenses.
  • Wellness - A suite of programs, tools, information and incentives designed to keep Merck employees and their families healthy, including telephonic access to personal health coaches and health advocates.

Live. Work. Play.

Our benefits are designed to make life healthier, happier and more convenient because we recognize the importance of work-life balance. At Merck, we support our employees in getting the most out of their lives, both personal and professional.

  • Paid Vacation - Three to six weeks paid vacation, based on length of service.
  • Holiday Schedule - All employees are eligible for up to 13 paid company holidays.
  • Flexible Work Arrangements - Option for flexible work schedules and arrangements, with manager approval, to help you balance life's responsibilities.
  • Education Assistance - Higher education financial support for eligible employees.
  • Employee Assistance Program - Provides help by offering confidential professional assessment, referral, counseling and education services.
  • Fitness and Wellness Centers - Available at many locations to support health and well-being.
  • Day Care Centers - Conveniently available on-site at many major locations. Discounts available with select national day care providers.
  • Employee and Matching Gift Programs - Supports selected non-profit, charitable and educational community-based programs and services – some available through payroll deduction.
  • Volunteer Program - Provides paid time off during regular working hours to eligible employees to perform volunteer work for eligible non-profit organizations in their communities.
  • Corporate Discounts - Discounts at local shops and vendors, as well as on automobiles, travel and entertainment, electronics and more.
  • Resource and Referral Services - Provides assistance in matters of elder and well/sick child care, parenting, self-health, adoption, college consultations, and other topics at no cost to the employee.

Financial Well Being

We offer comprehensive plans and resources designed to help eligible employees achieve short- and long-term financial goals through the following programs:

  • Savings/401(k) - Provides for savings through payroll deduction along with immediate vesting in company-matching contributions.
  • Pension - A defined benefit plan which uses a cash balance formula to calculate the benefit. The benefit is shown as a notional account that grows each year with annual pay credits from Merck based on age and service plus interest.
  • Financial Planning - Access to various resources and services, including licensed financial planners and retirement planning tools at no cost to the employee.
  • Insurance - Various insurance coverage plans, including short and long-term disability, employee and dependent life, long-term care and business travel accident insurance.
  • Banking Services - Access to a range of on-site banking and other financial services.

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