We offer a comprehensive benefits package designed to meet the demands of each individual’s life at work, as well as at home. From the first day on the job, employees are eligible for coverage under most benefit plans, and employees are encouraged to participate in any, or all, of our benefit programs.
Health care coverage
Medical and prescription
We offer three competitive medical plans for eligible employees and their dependents, including a traditional PPO plan and two high-deductible health plans, all with free access to virtual doctors as well as a broad, national traditional PPO network. Eligible covered dependents include spouses and children.
Under our PPO dental plan, employees and their dependents have the freedom to select any dentist inside or outside the plan’s network. The comprehensive coverage includes preventive, basic, and major restorative dental care, as well as orthodontia for children.
The Advisory Board Company offers a vision care benefit plan that covers employee and covered dependents’ eye exams and corrective eye-care needs.
Finances and savings
The Advisory Board Company offers a 401(k) plan designed to help employees save money for retirement. Employees are automatically enrolled upon joining the company with no waiting period. There is an annual employer contribution, and fully vested contributions within two years.
Employee stock purchase plan
Our employees have the option to buy ABCO stock at a discounted rate.
Commuter benefits plan
We allow employees to allocate pre-tax money toward commuting expenses.
Flexible spending accounts
This includes health care FSA and dependent care FSA plans, which enable staff to pay for health care and dependent care costs on a pre-tax basis.
Life, accidental death and dismemberment, and disability coverage
The Advisory Board Company provides employer-paid group life insurance coverage and AD&D insurance coverage, as well as short- and long-term disability insurance.
Paid time off
The firm provides ample paid (and email-free) holidays and at least 20 paid time-off days annually for vacation, personal, and sick time. Additional paid time off is available to employees for maternity/paternity leave, jury duty, military leave, bereavement, and community service.
In addition to paid leave for new parents, The Advisory Board Company supports employees in creating flexible work arrangements, including flextime, telecommuting, and part-time work.
Wellness and personal growth
Firm-wide wellness campaign
To support and encourage health and wellness, The Advisory Board Company sponsors employee wellness programming, including an annual health fair, nutrition seminars, fitness challenges, flu shot clinics, and more.
We have a policy permitting a flexible schedule to allow employees to incorporate exercise into their day.
Our Community Impact program encourages employees to give back to the community, offering the nation’s most generous volunteer policy.
The firm offers personal resources such as a free health advocacy service, counseling services, legal assistance programs, and travel assistance.