Accenture Employee Benefits Review: Are Their Careers Worth It?

Accenture Employee Benefits Review: Are Their Careers Worth It?

Accenture is a professional services company with its headquarters in Dublin, Ireland. The company has a presence in around 120 countries including the United States. Accenture employee benefits are ranked highly on all employee review websites.

The company’s main services include digital, technology, consulting, strategy, and operations. It has more than 492,000 employees worldwide and offices in more than 200 cities.

Accenture was founded in 1989.

Accenture Employee Benefits Team

Ellyn Shook – Chief Leadership & Human Resources Officer

Ellyn Shook – Chief Leadership & Human Resources Officer

Ellyn Shook has been with Accenture almost since the beginning. She joined the company as an HR Director and was promoted to her current position in 2014.

Her current responsibilities include helping employees thrive both personally and professionally through HR strategy development and implementation.

Shook works with Accenture’s global HR expert team to create talent and leadership practices to attract, reward, retain, and motivate the best talent.

Ellyn Shook received her BS from Purdue University.

Find Ellyn Shook on:

LinkedIn

What are Accenture Employee Benefits?

Some of the major employee benefits at Accenture include the following:

Employee BenefitsDescription
Health CoverageEmployee can choose between national health plans administered through PPO, HSA, and EPO.
Dental CoverageYou can choose between the traditional plan or Dental Maintenance Organizational Plan. Both plans offer coverage for dental treatment, oral surgery, periodontics, and replacement work.
Vision CoverageIt offers you access to a network of ophthalmologists, opticians, and optometrists. You can get one company-paid annual exam from an in-network eye specialist.
Long-Term Disability CoverageYou get three levels of coverage options. Levels are available at 66.7%, 60%, and 50% of your annual pay.
Life InsuranceYou can get insured for 1-9 times your annual pay.
Dependent Life InsuranceYou can have coverage for your spouse, child or just child.
401 (k) PlanA 100% match up to 6% of your salary.
Employee DiscountsYou can get discounts for personal shopping.
Flexible Spending AccountsYou can set aside pre-tax money for healthcare and dependent care expenses.
Employee Share Purchase ProgramYou can buy company's stock at a 15% discount.
Paid Time OffEmployees can get between 10 to 27 paid days off.
Future LeaveYou can take up to 3 months off with health and insurance benefits. You also get job security.
Maternity LeaveUp to 16 paid weeks of maternity leave. 8 weeks off for primary and 2 weeks off for secondary caregivers.
Commuter BenefitsYou can get coverage for transportation and parking expenses.
Employee Assistance ProgramYou get support for your day-to-day professional and personal challenges.
Adoption and Surrogacy BenefitsYou can get coverage for a portion of expenses related to adoption and surrogacy.

What Employee Benefits is Accenture Known for?

According to Accenture, it offers a “Total Rewards” package that has both compensation and benefits relevant to the market. Accenture employee benefits are not only comprehensive but also cost-effective.

Here are some of the most known employee benefits at Accenture:

  • Health insurance.
  • Dental and Vision coverage.
  • A 100% 401 (k) match up to 6%.
  • 10-27 days of PTO.
  • Up to 16 weeks of maternity and 8 weeks of paternity leave.
  • Up to 3 months of future leave.
  • Employee discounts.
  • Long-term disability coverage.

The health insurance plan is very good. Employees have the freedom to choose between plans offered through PPO, HSA, and EPO. All plans offer extensive services that include annual physical exams and related tests, which will be fully covered by the company if you choose an in-network doctor. Healthcare also includes Dental and Vision that offer 100% covered exams from network dentists and eye specialists.

Another popular benefit at Accenture is the PTO policy. You can start at 10 days and work your way up to 27 days a year. You also get 9 holidays and family leave. Moreover, if you need to take some time off to take care of a personal matter or a sick family member, your colleagues can donate you their PTO hours.

As for maternity leave, it is offered separately from PTO. Birthing mothers can get up to 16 weeks and primary caregivers can have 8 weeks off. Secondary caregivers also get 2 weeks off. Another great benefit is the Future Leave, which gives you 3 months off with full health and insurance benefits.

The 401 (k) savings plan offers a 100% match up to 6% of your salary. You are fully vested in your and company contributions from the start.

You also get other benefits like commuter benefits, life insurance, and disability coverage. All of these play a major role in offering an excellent employee experience at Accenture.

How does Accenture Help with Student Loans?

Accenture does not offer student loan repayment programs. The company also doesn’t give tuition reimbursements to its employees.

The financial havoc caused by student loans simply cannot be ignored. Most of the American college graduates carry this immense load for the better part of their lives. Not only does it cause financial instability but it also dictates the career paths of job seekers. How? Job seekers with student loans prefer to work for employers who offer support for student loans. What do these employers get in return? Their pick of the best talent the country has to offer.

Considering these rewards and many others, many corporations are planning to introduce student loan benefits for their employees. And one of the most efficient ways to implement the program is through FutureFuel.

It is a platform that allows users to create personalized accounts. Employers can use their accounts to oversee the student loan program and send contributions to their employees’ student loan accounts. Employees can also manage and repay their loans efficiently through their own FutureFuel accounts.

How do Accenture Benefits Change for Different Jobs?

Accenture’s employee benefits have rewarded the company with higher employee engagement and employee motivation levels, both factors are key to meeting organizational goals. However, the extent of access you have to these benefits is based on your job type, job level, and years of service at the company.

Here are a few factors that decide the kind of benefits you can get:

  • Full-time and part-time employees don’t get the same insurance coverage. To get the same, part-time employees may have to pay more.
  • Your years of employment will determine how many PTO hours/days you get.
  • Your seniority level also is a big factor.
  • New hires may not have immediate access to some of the benefits.
  • Policies and cost coverage also change with state and country policies.

How Accenture Improved its Benefits Package Overtime?

Accenture was founded in 1989 and since then it has done remarkably well in terms of employee benefits and rewards. The company not only keeps upgrading its existing benefits package but also introduces many new incentives to meet and even exceed all industry standards.

Here are a few ways Accenture has improved its benefits package over time:

  • Despite the rising cost of healthcare, Accenture has managed to keep its health insurance cost-effective.
  • The maternity leave has been extended up to 16 weeks for birthing mothers. Primary and secondary caregivers also get benefits in Accenture’s latest maternal/paternal leave policy.
  • The company keeps adding new retailers to its employee discounts benefit.

Besides these, there are many benefits that get better as you spend more years at Accenture. For example, your PTO and savings accounts become more mature. You also get frequent salary increments, which improves your overall compensation package.

Are Accenture Careers Worth It?

What is a good career option? A job that not only offers a competitive salary but also benefits and opportunities that provide financial, personal and professional growth. At Accenture, employees get rewarded for their hard work and dedication.

Here are a few factors that make Accenture a good career option:

  • The company’s insurance policies are cost-effective, which helps reduce the financial burden on employees.
  • The savings plan is quite good and offers an excellent match. This helps you save generously for your retirement.
  • Benefits like PTO and Future Leave help employees to maintain a good work-life balance.
  • There are many wellness programs that ensure employees’ mental health is taken care of.
  • You can get in-house promotions at Accenture, which helps you go up the corporate ladder.

All these factors not only help with your career growth but also increase your market value and open up new professional avenues for you.

Discover Accenture Jobs and Careers

Here are a few places where you can find all the available job openings at Accenture.

Accenture Careers

The official Careers page of Accenture is well-organized and has all the vacancies. You can click on a job post to see the related information such as job requirements, skills needed, job description, job level, and location. To look for specific jobs, you can use the “Filter Results” feature. The website allows you to submit your application online.

Accenture Glassdoor

Glassdoor is an excellent job-hunting platform. The website has around 1.8k job listings for Accenture. Since it will be time-consuming to go through all the posts, you can use the search tool to narrow down your search. Glassdoor also has hundreds of reviews from Accenture’s existing and former employees. These reviews will help you see what kind of employee experience the company offers.

Accenture Indeed

Indeed is quite similar to Glassdoor. It has around 170 job listings and each one of them has all the related information. Indeed also has a powerful search feature and hundreds of employee reviews. The website also has a Q&A page, which will answer all your job-related questions.

Accenture LinkedIn

Another good option to look for Accenture jobs. You can also search for specific jobs in your area using the search feature. LinkedIn gives you the option to apply directly on the Accenture website.

 

 

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