Compensation
We ensure competitive pay that reflects employees’ knowledge, experience, and skills. We’re committed to maintaining pay equity which is consistent with our pay-for-performance philosophy.
We ensure competitive pay that reflects employees’ knowledge, experience, and skills. We’re committed to maintaining pay equity which is consistent with our pay-for-performance philosophy.
A variety of comprehensive medical, dental, and vision plans are offered to you and your eligible dependents at a competitive price. Coverage is effective on your first day.
Comprehensive time off programs that cater to various needs, including personal time off, wellness time off, paid sick leave, holidays, sabbaticals, and more.
Employees are provided with 24 hours of paid time off to volunteer with eligible nonprofit organizations each year. With our Matching Gifts Program, Blue Shield matches $1 for every $1 an employee donates to eligible nonprofits, up to $500 per employee per year.
Employees can use pretax dollars to pay for eligible health care and dependent care expenses up to the annual IRS limits.
Employees receive basic group life and accidental death and dismemberment (AD&D) insurance in an amount equal to 1.5 times the employee’s base annual earnings up to a maximum of $1,000,000, with the option to purchase additional coverage.
The 401(k) offers a 100% vested employer match of up to 4% for employee contributions and eligible student loan payments. In addition, eligible employees receive a 2% enhanced company contribution to their account. Depending on company performance, eligible employees may also receive up to an additional 1% discretionary contribution.
From back-up care programs and adoption/surrogacy reimbursement to flexible spending accounts, we aim to provide flexibility and choice for you and your family’s needs.
We recognize that employees choose to build their families in many ways, such as through adoption or surrogacy. Employees can request reimbursement for qualified adoption expenses incurred in connection with the adoption of an eligible child, up to the annual IRS limit per adoption. Additionally, employees can request reimbursements of up to $25,000 (taxable), per surrogacy attempt, with a $50,000 lifetime maximum, to offset nonmedical-related surrogacy expenses.
One of the ways Blue Shield supports employees is through the Healthy Employees program – a comprehensive suite of programs to support health and well-being. Employees have access to many benefits, including a free access to a Peloton App membership, wellness reimbursement, commuter benefits, financial and mental health resources, and more.
Being a great place to do meaningful work means providing accessible mental health benefits to our employees so they can focus on their well-being. Employees and their loved ones have access to an Employee Assistance Program through Headspace.
Circumstances in your life may arise when you need time away from work. Blue Shield offers employees numerous types of leave that support you and your family during these times.
The Tuition Reimbursement Program is designed to assist you in your career advancement at Blue Shield by providing 100% reimbursement, up to $5,250 per year, for undergraduate and graduate degrees, professional development, or certificate programs.
The Blue Shield of California Foundation awards scholarships ranging from $3,000-$5,000 to eligible students who demonstrate excellence in academics or extracurricular achievement. Since 1991, Blue Shield of California has provided 431 scholarships totaling over 1.4 million dollars to the dependent children, stepchildren, and dependent grandchildren of eligible employees through an application selection process.
We perform best and are most engaged when we are aligned to our mission, are clear on what we need to do, and are focused on development. A solid understanding of goals, professional development plans, reviews, and how they work together, will help you be successful.
The Mentorship Program is a formal, five month mentoring program and a key piece of our relationship-based development strategy. Through this mentorship program, participants receive career advice and work towards the development goals outlined in their professional development plan.
Blue Shield finds value in recognizing our employees. Our recognition program, called L.O.V.E. (Living Our Values Everyday), provides opportunities for our employees to recognize their colleagues and direct reports for everyday support and remarkable achievements.
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