every thing is the best in avalonaby benefits package.
11 paid holidays, vacation, sick, flex time. 401 k with 50% match to 6%. Stock purchase program. Health benefits after 30 days.
AvalonBay matches the 401k up to a small amount. The max they will "match" is 50% of 6% of your paycheck (aka 3% of your paycheck). It is suggested, and AvalonBay even suggests, that you put in 10-12% minimum into a 401k but yet they don't match up to that amount. So if you put in the suggested 10%, 4% of that is not "matched." That's not matching in my opinion. You also have to stay employed for 4 years to be fully vested. So if you leave at Year 2, you'll only receive 50% of what they matched. You keep everything you put in, just not the AvalonBay dollars. Those 401K dollars do add up and it's nice not to think about it. Super easy way to save money and even the 50% matching is free money basically. But a 401K matching program should be standard at any decent company. The Health Insurance is good, but not the best I have seen. Appreciative to have it and it gets me glasses/contacts, dental work, general health coverage. There are FSA and HSA plans although not in the same plan category. There are 3 or 4 choices in plans. They've been actively promoting one specific plan which puts more of the burden on the person and the deductibles versus the more traditional PPO plans. The 20% discount to live at an AvalonBay community is a great benefit. It helps people potentially live close to work in an area that they could not afford otherwise. In LA, it's still pretty expensive regardless.
They will automatically enroll you in a 5% 401k, with them matching an additional 2.5% (1/2 match). You can opt out if you like, but nice to have it out of mind
we get everything that you'd expect.... -401k which the match half -paid holidays,sick and vacation time (which grows with your tenure) -Health insurance (but it's expensive) for example for a family you'll pay 350.00 a pay period easy! -Flex time is a plus... Kids out of school? Use a flex day! They also use to let you use it for your work or wedding anniversary but now that's gone starting 2018 -You do get a housing discount, But it's only 20% when you have competitors offering 40 or 50 percent. -Company events are great!
Best thing about AvalonBay communities is that, the company offered great benefits. There are 3 different plans to choose from and you pick whichever works for you and your family.
Great benefits. And they match your 401k. Mine already is adding up and I have only been working for 6 months. Also I think there is dental too. The only thing is you don’t receive benefits if you are only working part time
Tons of employee discounts from various vendors they do business with including, Sherwin-Williams paint, fitness equipment, flooring, AT&T and Verizon phone providers, GE appliances, Wayfair.com, and much more. You get discounts through WageWorks and others for commute expenses. If you live in one of their communities, you get 20 percent off your rent. 15 percent off employee stock purchase program. They have great medical (FSA and HSA options), dental, and vision coverage (including major discounts on designer frames). They match 50 percent of your 401K contribution up to 6 percent. Tons of company events and they are constantly feeding you. They even have a free soda fountain in the break room and a free Starbucks coffee machine that will make you cafe mochas and much more. One of my favorite things, since I get sick often, is the wellness room which has a recliner that you can go to if you are feeling unwell and are deciding whether you can stick out the rest of the day or if you need to go home.
This company is a lot of fun. They come up with lots of events for their employees. You also get time off for volunteering. This is a great community.
The company matches your contribution after you contribute 5% to 401k.
List based on reports from current and former employees. It may not be complete.