Medical
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After 30 days of full-time employment |
- You may choose the Open Access Plus Plan or the Cigna Choice Fund.
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Long-Term Care
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Eligible for guarantee issue at first annual open enrollment after hire |
- Long-Term Care is a voluntary insurance plan that provides benefits for covered nursing home and home care services. Coverage is available for employees, spouses, grandparents, siblings, and children.
- Four different plans are available and vary according to facility duration, monthly benefit amount, and coverage features such as inflation protection. Employees who elect coverage when first offered may elect a guaranteed issue amount. Prior medical approval is required for non-guaranteed amounts and applications from family members.
- Coverage may be continued after employment ends by paying Unum directly.
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Dental
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After 30 days of full-time employment |
- The Dental Plan provides coverage for a wide range of dental expenses including preventative, basic, major, and orthodontic services.
- Dental benefits are limited to a specific amount each year. Orthodontic benefits are also limited to children under age 19 and are subject to a specific maximum for each child.
- You can also choose to waive the dental plan.
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Vision
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After 30 days of full-time employment |
- Bunzl provides vision benefits through the Vision Service Plan (VSP). You have the option to receive care from a VSP or non-VSP provider.
- When you visit a VSP provider most of your expenses for an eye exam, lenses and frames are paid after you pay an annual deductible.
- If you visit a non-VSP provider, some of your expenses are covered up to the maximums set by the plan.
- You can also choose to waive the vision plan.
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Employee Life Insurance
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After 30 days of full-time employment |
- This benefit provides life insurance coverage of one times pay rounded to the next $1,000. This amount would be paid to your beneficiary upon your death while a Bunzl employee.
- This benefit is at no cost to the employee.
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Accidental Death and Dismemberment (AD&D)
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After 30 days of full-time employment |
- The AD&D plan pays a benefit to your beneficiary if you die or are dismembered in an accident.
- You may select no coverage or coverage of 1,2,3,4, or 5 times your pay not to exceed a total of $750,000.
- You also may have coverage on your spouse and eligible children. Their coverage is a specific percentage of the coverage you elect for yourself.
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Reimbursement Accounts
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After 30 days of full-time employment |
- You may elect to contribute to the health care and/or dependent care reimbursement accounts.
- You contribute tax-free dollars to these accounts from your pay. Then you can receive reimbursements from these accounts for health-care expenses not covered by a plan and for dependent care expenses that you incur so you and your spouse can work.
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Optional Life & Dependent Life Insurance
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After 30 days of full-time employment |
- You may purchase additional life insurance coverage of 1,2,3, or 4 times your annual pay rounded to the next $1,000.
- You may also purchase life insurance coverage for your spouse in $10,000 increments but no more than $50,000.
- You may also purchase life insurance coverage of $10,000 for each of your eligible children.
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Employee Assistance Program (EAP)
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After 30 days of full-time employment |
- The EAP is a voluntary and confidential service that provides employees with assessments, consultation, and benefits.
- This service is designed to help employees and their families deal with a variety of personal concerns such as depression, marital difficulties, concerns with children, alcoholism, and financial issues.
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Short-Term Disability
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After one year of full-time employment |
- You are eligible for short-term disability benefits if you have a physical or mental condition that prevents you from working. Benefits are payable for full-time employees that are unable to work for eight consecutive days.
- Non-exempt employees can receive a benefit up to 60% of base compensation. Exempt employees can receive a benefit of 100% of base compensation for the first four weeks and 60% each week thereafter, for as long as you are disabled up to the plan maximum in any consecutive three-year period.
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Long-Term Disability
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After one year of full-time employment |
- You may elect a monthly long-term disability benefit of 60% or 66 2/3% of pay.
- You will receive the percentage of monthly pay that you elect if you are continuously disabled for 180 days.
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Deferred Savings Plan (401K)
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After 30 days of employment |
- The Deferred Savings Plan (401K) is offered to help you save for retirement. The plan is designed for long-term savings.
- You decide what percentage of your pay from 2% to 50% to save in the plan. Bunzl contributes $0.75 for every dollar that you save of your first 6% of before-tax pay.
- You decide how to invest your savings and the company contributions in the investment funds offered by the plan. You are always 100% vested in your savings; you are 100% vested in the company contributions after you have at least six years of service.
- All investment income earned on your savings and Bunzl’s contributions are not taxable while they remain in the plan. You may receive the vested value of your plan account when you leave Bunzl for any reason including retirement.
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Retirement Savings Benefit
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Eligible after one year of employment in which you complete 1,000 hours of service. |
- 100% company-funded benefit
- Contribution is made to your Deferred Savings Plan account
- Contribution amount is based on your age and compensation
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| Age |
Contribution as a % of Compensation |
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| Less than 40 |
3% |
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| 40-49 |
4% |
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| 50 and older |
5% |
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- You are 100% vested in company contributions after six years of service
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Educational Assistance
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After six months of full-time employment |
- Employees are reimbursed for tuition and related expenses taken at an accredited learning institution, provided that the curriculum is related to activities in which Bunzl could logically benefit.
- The maximum payment is $15,000 for graduate courses per employee in a calendar year (January 1 to December 31); reimbursement for graduate courses is 75% for a grade of "A", 56% for a "B", 37% for a "C" and 0% for grades under a "C".
- The maximum payment is $5,000 for undergraduate courses per employee in a calendar year (January 1 to December 31); reimbursement for undergraduate courses is 100% for a grade of "A", 75% for a "B", 50% for a "C" and 0% for grades under a "C".
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Employee Stock Purchase Plan
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After one year of employment |
- The Employee Stock Purchase Plan (ESPP) permits employees to purchase discounted shares of Bunzl plc stock through convenient payroll deduction. Employees may elect to save from 1% to 10% of their after-tax pay, up to $25,000 market value.
- Bunzl ordinary shares are purchased on the London Stock Exchange. Bunzl ordinary shares represent ownership in a company in the United Kingdom. For a public limited company like Bunzl, these shares are typically traded on a stock exchange similar to common shares or common stock in the U.S. Bunzl covers all purchase-related commission and account fees for purchasing Bunzl ordinary shares. Shares are recorded in individual accounts maintained by Computershare.
- Participants must hold onto the stock for a minimum of one year before selling ADR’s. The plan is designed to comply with Section 423 of the Internal Revenue Code.
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Group Legal Plan
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After 30 days of full-time employment |
- The plan offers toll-free phone consultations and visits with the Provider Law Firm for any legal matter.
- The plan also offers assistance with will preparation, contract and document review, mortgage document assistance, uncontested separation, divorce, adoptions and name changes, and motor vehicle services.
- The plan also allows you to receive a preferred 25% discount off the standard hourly rate that would be charged for any legal matter not otherwise covered.
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Service Recognition Program
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After five years of service |
- Employees are recognized for every five years of service with a celebration and a commemorative gift.
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Bunzl Scholarship Program
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- Employees' children of Bunzl and its subsidiaries are eligible for a $3,000 per year scholarship for up to four years of college undergraduate study.
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Please note: This summary does not include all information about these specific benefits. More information can be found in the Bunzl Employee Benefits Handbook. Please consult your Human Resources representative for more details.
