Vantaggi
Benefits are comprehensive and generally affordable to employees. Many rank-and-file employees and departmental managers have long tenure (15-30 years). 401(k) contributions receive a 100% match of the employee's first 6% payroll deduction, with full and immediate vesting (no deferred vesting over 5-7 years as has become so common in the past decade). Extensive training provided if necessary for the particular position. Work-at-home options for many positions.
Svantaggi
Employees must choose from a very limited choice of medical plans, none particularly good -- ironic that our customers have far better options. Paid-time-off is skimpy, onlyt 18 days/year for the first 5 years, then 23 forever after -- this includes normal sick days (there are good STD and LTD benefits, however). Noticeable decline in employee morale over the past 2 years. In some position, company now emphasizes quantity over quality, and regularly requires excessive mandatory overtime. ***** Hyprocrisy reigns at the executive level -- two of Wellpoint's Core Values are "Integrity" and "Improving the Lives of the Communities We Serve". These communities include the Wellpoint employees, yet for cost reasons (read stockholders), whole groups of employees in various states have lost their jobs -- outsourced overseas!!! Some victims have many years tenure, some just shy of retirement, but corporate policy favors stockholder ROI over years of loyal service.