We value our employees and provide competitive medical employee benefits programs to support their well-being. Our Total Rewards program currently includes medical, dental, 401(k) savings, flexible spending accounts for healthcare and dependent care, transportation reimbursement accounts, disability management, and life insurance offerings. We evaluate the company’s benefits and compensation practices on an ongoing basis to make sure that we are rewarding our employees fairly for their efforts.
Warner Bros. provides comprehensive medical benefits that offer flexibility and choice for employees and their families. Beginning with our medical options, employees are able to choose between two national Preferred Provider Organizations (PPOs) or from several Health Maintenance Organizations (HMOs), depending on their location. Employees can elect dental coverage regardless of whether or not they participate in the medical program. In addition, Warner Bros. vision benefits provide access to a wide range of independent doctors, as well as a large retail optical network.
The company’s financial benefits and services can help employees save money now and proactively plan for the future. After two months of employment, employees are automatically enrolled in the Time Warner 401(k) Savings Plan, unless they decide to opt out. The Company matches certain contributions to each employee’s 401(k) account, which vest based on years of service.
Life, Accident and Long Term Disability Insurance
Beginning on the first day of work, employees are automatically enrolled in both company-paid basic life, accidental death and dismemberment (AD&D) insurance and long-term disability programs.