Learning and Development
Bechtel invests in the development of their employees by providing a range of benefits including Bechtel University online training, mentoring and leadership programmes, approved courses, and professional membership reimbursement.
Private Medical Insurance
Bechtel offers employees company-paid private medical insurance. The benefit is a taxable benefit. For non-management grades, employees can opt to include spouse/family members under the company scheme at their cost. For management grades, the inclusion of spouse/family members is company-paid.
Accident Insurance
The below core benefits are provided at no cost to employees:
• Business travel accident insurance
• Company paid accident insurance
Voluntary Personal Accident Insurance (VPAI)
The company provides employees with company-paid accident insurance at no cost. Additional coverage up to a principal sum of US$150,000 can be purchased for employees and their families at a minor cost.
Bechtel Limited Career Pension Plan
The plan offers employees the option to save for retirement by investing employee contributions, plus company contributions, into an employee’s individual pension account. Under the plan, members may invest in a number of funds. Upon joining the plan, employees do not need to choose any funds, as all members are automatically placed in the Passive Lifestyle option. Once a member, employees can change which funds the pension account is invested in. Employees who are members of the pension plan are also given a life assurance benefit.
Long Term Disability Insurance (LTD)
All employees are insured for Long Term Disability insurance on joining the company at no cost. The scheme provides a regular income if the employee is absent from work for a prolonged period due to long term illness or disability. Employees will receive 50 percent of base salary from the scheme after six months absence from work. Payment under the scheme is subject to acceptance by the insurers. If accepted this benefit will continue until the employee returns back to work or reaches the age of 65.
Wellness Programme
The Wellness programme is offered to all employees at no cost. The programme runs a number of health initiatives on a yearly basis, including such events as "Know Your Numbers," nutrition advice and guidance, and cancer awareness workshops. Each event is open to all employees on a voluntary basis. The programme also provides a health manager who attends the main UK offices for one day each week. The health manager offers private appointments and advises employees on health issues such as blood pressure, BMI, cholesterol levels, diabetes, weight management, and work life balance; such issues compliment the Well health risk assessment form that all employees receive at the beginning of employment with Bechtel. As part of the Wellness programme, fresh fruit is delivered weekly to the main UK offices for employees to enjoy.
Best Doctors
All employees are included in the Best Doctors service which allows employees and their families to have any medical case they might have assessed by a world-class consultant who will provide a definitive second opinion based on the most advanced and up-to-date medical knowledge available.
Employee Assistance Programme (EAP)
Confidential telephone and face-to-face counselling services are offered to all employees at no cost. The EAP helps employees and their family members deal with everyday issues or more serious problems that may affect their health, family life, or job performance. Bechtel recognises that everyone needs some assistance in dealing with the changes and challenges in their lives.
Season Ticket Loan
The company operates a season ticket loan scheme for London office permanent staff in Grades A – 27, inclusive whereby an interest-free loan may be available for the purchase of quarterly or annual season tickets with repayments made by fortnightly deductions from salary. Loans will be based on the actual cost of standard class rail season tickets and/or Transport for London Travelcards between the employee’s home and London office by the most direct route that does not impose undue travel restrictions on the employee.
Child Care Voucher Scheme
Bechtel offers employees the opportunity to join a salary sacrifice scheme, which allows employees to sacrifice a portion of salary each month; in return, the employee receives childcare vouchers and savings in tax and National Insurance contributions.
Eye Tests
All employees can have a company-paid eye test each year at a high street optician.