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Bristol Myers Squibb

3.7
 
Benefits
    Crowdsourced Employer Benefits
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    Employer Benefits
    Lower
    Median/ Consensus
    Upper
    Corrections, Tips & Comments
    Vacation Allowance(Weeks)
    4
    Median/Consensus:  4
    4
    • 15 vacation days + additional 4 days of "optional holidays" that are functionally equivalent to vacation days
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    Paid Maternity Leave (weeks)
    6
    Median/Consensus:  14
    16
    • Bristol-Myers Squibb offers 6 fully paid weeks off for new moms. They also offer 5 weeks off for adoptive parents.
    • The benefit, which was announced internally in October 2017 and went into effect on Jan. 1, will give 12,000 employees, regardless of gender or marriage status, eight weeks of paid parental leave and 16 weeks of unpaid leave. The leave can also be taken intermittently. Bristol-Myers Squibb’s new parental program also broadens the definition of family, which allows the time off to be applied to caring for a spouse, partner, child or parent
    • 6-8 weeks of fully paid short-term disability after birth followed by 8 weeks of fully paid parental care leave
    • 6-8 weeks fully paid STD, then 8 weeks paid leave, then another 16 weeks unpaid leave
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    Unpaid Maternity Leave (weeks)
    0
    Median/Consensus:  6
    16
    • Company just revised leave policy
    • Following paid leave, 16 weeks of job-protected but unpaid leave
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    Paid Paternity Leave (weeks)
    8
    Median/Consensus:  8
    8
    • Company offers 1 fully paid week off for new dads.
    • The benefit, which was announced internally in October 2017 and went into effect on Jan. 1, will give 12,000 employees, regardless of gender or marriage status, eight weeks of paid parental leave and 16 weeks of unpaid leave. The leave can also be taken intermittently. Bristol-Myers Squibb’s new parental program also broadens the definition of family, which allows the time off to be applied to caring for a spouse, partner, child or parent.
    • Just revised policy to make parental leave inclusive by giving new dads (and adoptive dad) paid bonding time
    • 8 weeks paid for all parents (incl. fathers and adoptive parents), then additional 16 weeks unpaid
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    Unpaid Paternity Leave (weeks)
    16
    Median/Consensus:  16
    16
    • 8 weeks paid for all parents (incl. fathers and adoptive parents), then additional 16 weeks unpaid
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    401k Matching
    Median/Consensus:  Available
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      Healthcare
      Median/Consensus:  Available
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        On-Site Childcare
        Median/Consensus:  Not Available
        • Company backups childcare.
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        Flex Time
        Median/Consensus:  Available
        • Company’s managers are trained to manage work/ life and flexibility concerns of employees.
        • At Bristol-Myers Squibb 75% of employees telecommute.
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        Other Benefits
        • Company employs 50 % of women and 51 % of new hires are also women. At Bristol-Myers Squibb 24% of female employees participate in management/ leadership trainings and 10 % participate in mentoring.
        • 46% of managers and executives are women.
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        What should you expect in this industry?
        Pharmaceutical
        What benefits do employers in the Pharmaceutical industry offer?
        BenefitsMedianAverage
        Vacation Allowance(Weeks)
        3
        4
        Paid Maternity Leave (weeks)
        8
        10
        Unpaid Maternity Leave (weeks)
        6
        10
        Paid Paternity Leave (weeks)
        2
        5
        Unpaid Paternity Leave (weeks)
        10
        10
        401k Matching
        Available
        Available
        Healthcare
        Available
        Available
        On-Site Childcare
        Not Available
        Not Available
        Flex Time
        Available
        Available
        Vacation Allowance(Weeks)
        Median:  3
        Average:  4
        Paid Maternity Leave (weeks)
        Median:  8
        Average:  10
        Unpaid Maternity Leave (weeks)
        Median:  6
        Average:  10
        Paid Paternity Leave (weeks)
        Median:  2
        Average:  5
        Unpaid Paternity Leave (weeks)
        Median:  10
        Average:  10
        401k Matching
        Median:  Available
        Average:  Available
        Healthcare
        Median:  Available
        Average:  Available
        On-Site Childcare
        Median:  Not Available
        Average:  Not Available
        Flex Time
        Median:  Available
        Average:  Available
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