Benefits At A Glance

Health and Insurance

  • Medical / Dental plans
  • Vision and Prescription plans
  • Life insurance / AD&D
  • Disability insurance

Pension Plan – employer contributed

  • Fully vested at 5 years

Retirement Savings Plan 401K

  • All Black & Decker fulltime and regular part-time employees are eligible to participate.
  • A new hire can start contributing as soon as T. Rowe Price has been notified that they are under the employ of Black & Decker (within a few weeks of hire date).
  • They can contribute up to 25% of their pay.
  • After their one-year anniversary with Black & Decker, the company automatically starts matching, if the employee is contributing. If the employee has not already contributed, but starts anytime after their year anniversary with Black & Decker, then the matching begins at that point. Company match is 50 cents per employee dollar contributed up to the first 6% of employee’s contribution.

Vacation

  • Beginning with 3rd month of employment, accrue one day a month during first year (i.e. Hire month: January; start accruing in March = 10 days by end of December)
  • 2 weeks of vacation after the first year

Tuition assistance

  • Job related courses
  • Manager approval
  • Accredited schools
  • Reimbursed for expenses based on obtaining a passing grade (B or better) for Master’s level courses

Other Programs

  • Dependent care reimbursement
  • Child / Elder care referral network
  • Adoption assistance

Relocation

  • A new hire is entitled to a 4-day, 3-night house-hunting trip. Expenses reimbursed with proper documentation.
  • For new hires relocating to another area, Black & Decker does not pay for lease breakage.
  • For new hires moving between 50 and 500 miles, Black & Decker will pay for a rental truck during the move.
  • For new hires moving 500 miles or more, Black & Decker will pay for the use of a van line during the move.
  • A five-day direct move is allocated for the new hire to relocate.
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