Pay for performance
Our base pay program's primary objective is to recognize the value of an individual's skills, experience, and contribution with competitive market pay. Our variable pay programs focus on time-based results. All employees are eligible to receive these awards based on the level of pay established for their positions.
Flexible spending accounts
Flexible spending accounts allow you to reduce your taxable income by having pre-tax contributions deducted from your paychecks. Premium offers two flexible spending account options: health care and dependent care. Funds in your health care flexible spending account can be used for eligible out-of-pocket health care expenses. Examples of eligible health care expenses include dental deductibles and co-pays and coinsurance, and eyeglasses. Funds in your dependent care flexible spending account can be used for eligible dependent care expenses, such as day care and elder care.
Employee Stock Purchase Plan
Premium encourages you to take ownership in the value you help create. The Premium Employee Stock Purchase Plan provides eligible employees a convenient way to purchase Premium stock at a discounted rate.
Our company places high importance on saving for retirement. All full-time and regular part-time employees are eligible to join our retirement plan on their first day of employment. The company matches 100% of your contributions up to 7.5% of eligible pay. Employees become 100% vested in company contributions after three years of service.
Employee Product Purchase Plan
We offer a program that gives you special discounts and benefits on a variety of Premium financial products – including both fixed and variable annuities and life insurance. Mutual funds and 529 plans are offered through our PIMCO affiliate. As long as you are receiving a paycheck from Premium, you are qualified for these discounts.
Objective financial planning Service
You have access to independent financial planners for 1:1 personalized financial planning help. We also offer various financial education workshops to help employees achieve their financial well-being goals.