Hpe's Paid Life Insurance: What Employees Should Know

does hpe provide paid life insurance

Hewlett Packard Enterprise (HPE) offers a comprehensive suite of well-being benefits to support the physical, mental, emotional, and financial well-being of its team members and their families. HPE provides a broad range of benefits, including competitive base pay, the chance to earn an annual bonus, and participation in long-term incentives. They also offer subsidized health insurance, retirement programs, and paid time off, including an industry-leading maternity and paternity leave package. HPE's benefits vary by country, but life insurance is listed as one of their benefits, along with accident and disability insurance.

Characteristics Values
Life Insurance Yes
Parental Leave 6 months at 100% pay
Parental Transition Support New parents can work part-time for up to 36 months after parental leave
Wellness Fridays Employees get four Fridays a year off to exercise, do fun activities, spend time with family, etc.
Paid Time Off Includes holidays, sick time and vacation
401(k) Match Yes
Student Loan Repayment Up to $9,000
Health Savings Account HPE will contribute up to $1,000
Retirement Programs Yes

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Life insurance for HPE employees

Life insurance is one of the many benefits that HPE offers its employees. The company provides a comprehensive suite of well-being benefits that support not only the physical and mental health of its team members but also their financial well-being.

HPE's life insurance benefit is part of its commitment to advancing the way people live and work, ensuring that employees and their loved ones have peace of mind and financial security. This benefit protects employees and their families from the unexpected, providing a safety net in the event of an accident, injury, or other covered life events.

In addition to life insurance, HPE also offers accident insurance and disability insurance (available in most countries) as part of its financial well-being programs. These insurance options demonstrate HPE's dedication to supporting its employees through various life circumstances.

The company also offers other financial benefits, such as a competitive salary, a bonus plan, an employee stock purchase plan, a generous 401(k) match, and student loan repayment assistance. HPE prioritizes the financial wellness of its employees, offering resources to reduce financial stress and plan for the future.

By providing life insurance and other financial benefits, HPE ensures that its employees can focus on their work and personal growth, knowing that they have the necessary support and protection for themselves and their families.

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HPE's financial well-being programs

HPE offers a comprehensive suite of well-being benefits that support the whole person—their physical health, mental, emotional and financial well-being, and social connections to their community.

  • Competitive salaries and bonus plans.
  • The chance to own a piece of the company with the Employee Stock Purchase Plan.
  • Life, accident, and disability insurance (in most countries).
  • A generous 401(k) match.
  • Financial counselling to help reduce stress and save and invest wisely.
  • Student loan repayment assistance of up to $9,000.
  • A Health Savings Account, with a contribution of up to $1,000 from HPE.
  • Retirement programs.
  • Paid time off, including an industry-leading maternity and paternity leave package.

HPE also offers exclusive discounts on HP Inc. products, like laptops and printers, as well as employee discounts on hotel rooms, car rentals, and movie tickets, plus deals on services like meal delivery (in select locations).

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HPE's paid time off

HPE offers a range of benefits to support the overall well-being of its team members and their loved ones. This includes support for their physical health, mental, emotional, and financial well-being, as well as social connections to their community.

HPE provides paid time off as part of its comprehensive benefits package. This includes holidays, sick time, and vacation days, depending on the location. Employees also get four Fridays off per year to exercise, engage in fun activities, spend time with family, or focus on their well-being.

In addition, HPE offers 60 hours of paid volunteer time off per year, allowing employees to use their talents to positively impact their communities. HPE also provides an industry-leading maternity and paternity leave package, with up to 26 weeks of paid leave for new parents to bond with their child. New parents can also apply for the Parental Transition Support program, which allows them to work part-time for up to 36 months after their parental leave expires.

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HPE's parental leave

HPE offers an industry-leading parental leave package for its employees. The company provides 26 weeks of paid parental leave for all parents for any birthing or adoption event, with the option to return part-time for up to three years following the leave. This policy is inclusive of all employees, from executives to hourly workers, and is designed to foster a family-friendly culture and support working parents.

In addition to the generous paid leave, HPE offers parental transition support programs that allow new parents to work part-time for up to 36 months after their parental leave expires. This helps ease the transition back to work and ensures that parents have the support they need to balance their work and family commitments. HPE also provides financial assistance for adoption and surrogacy, as well as a breastfeeding support program and milk shipping service to help new mothers balance their work and caring responsibilities.

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HPE's retirement programs

HPE offers a broad range of benefits to support the physical, financial and emotional well-being of its team members and their loved ones. HPE's retirement programs are part of these benefits.

Financial Well-being

HPE offers a competitive salary and bonus plan, as well as an Employee Stock Purchase Plan, which allows team members to own a piece of the company. HPE also provides a generous 401(k) match and access to a financial counsellor for advice on saving, investing and reducing financial stress. Additionally, team members can get up to $9,000 of their student loans repaid and save on taxes and healthcare with a Health Savings Account, with HPE chipping in up to $1,000 to get started.

Flexibility and Time Off

HPE offers paid time off, including holidays, sick time and vacation, depending on the team member's location. HPE also provides four Fridays off per year for team members to exercise, engage in fun activities, spend time with their families or simply unwind and focus on their well-being.

Family Support and Care

HPE offers industry-leading paid parental leave of up to 26 weeks for mothers and fathers to bond with their child. The company also has Parental Transition Support programs that allow new parents to work part-time for up to 36 months after their parental leave expires. HPE provides tax-free reimbursement accounts for healthcare and childcare expenses, as well as 10 days per year of free backup care for each child, adult or elder loved one. The company also offers free homework help and test prep for employees' children, as well as confidential counselling and self-help programs for managing life's challenges. HPE provides financial assistance for adoption and surrogacy, as well as specialised care and support from fertility experts. The company also has a breastfeeding support program and a milk shipping service to help new mothers balance their work and caring responsibilities.

Health and Wellness

HPE offers comprehensive health and wellness benefits, including medical, dental and vision plans, varying by country. The company provides access to on-site fitness centres (in select locations) and free on-demand fitness programs. HPE also offers stress-management programs, including a complementary subscription to Headspace, and 24/7 access to virtual, no-cost professional counselling.

Frequently asked questions

Yes, HPE provides life insurance as part of its comprehensive suite of well-being benefits.

Life insurance protects you and your loved ones financially in the event of your death. It ensures that your dependents will have financial support and can help cover expenses such as funeral costs and outstanding debts.

In addition to life insurance, HPE offers accident insurance, disability insurance, and health insurance. These insurance options provide coverage for unexpected accidents, illnesses, or injuries and help employees maintain their physical health and financial well-being.

Yes, HPE offers a competitive salary, an annual bonus based on performance, and retirement programs such as a 401(k) plan with a company match. They also provide an Employee Stock Purchase Plan, allowing employees to own a piece of the company.

HPE is committed to supporting the physical, mental, emotional, and social well-being of its team members. They offer health and wellness programs, paid time off, parental leave, and volunteer opportunities. HPE also encourages a healthy work-life balance with a hybrid and flexible work model.

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