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 and Wellness
Medical and Rx plans
Employees can choose between three health coverage options, including two traditional PPO plans as well as a high-deductible health plan with an employer-funded health reimbursement account to help pay for employee and family health care expenses. Eligible covered dependents include spouses, domestic partners and children.
Under our PPO dental plan, employees and their dependents have the freedom to select any dentist who is 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.
Wellness and healthy lifestyle
To support and encourage health and wellness, The Advisory Board Company sponsors employee wellness programs, a financial incentive program to reward preventive health care, and an onsite flu shot clinic. Employees also enjoy gym discounts and participate in employee-organized running clubs, fitness challenges, and sports leagues.
Finances and Savings
Group life and accidental death and dismemberment coverage
The Advisory Board Company provides group life insurance, as well as accidental death and dismemberment insurance, for our employees.
In addition, short-term disability and long-term disability insurance are provided.
Flexible spending account
Staff can arrange to pay for health care and dependent care expenses on a pretax basis through flexible spending accounts designed to conveniently and quickly reimburse for qualified expenses throughout the year.
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. The Company matches employee contributions annually and all contributions and earnings are fully vested within two years.
Employee stock purchase plan
Employees can purchase ABCO stock quarterly at a discounted rate.
The Advisory Board Company offers discounted parking and car rentals, and a commuter benefit program to allow employees to pay for public transportation to and from work on a pretax basis.
Paid time off
The Advisory Board Company encourages employees to find a healthy balance between professional and personal lives. Accordingly, the firm provides ample paid holidays and paid time-off days 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.
- Allison Shimooka shares how the firm's willingness to accommodate a flexible schedule has allowed her to create a plan that lets her feel challenged at work while also enjoying her time as a new mom.
Staff can take advantage of a personal resource which can help them, their dependents, and immediate family save time and money by researching health care providers and treatments, scheduling appointments, reviewing benefits, resolving insurance claims and explaining eldercare.
Employee assistance program
The Employee Assistance Program (EAP) provides free confidential professional counseling services to Advisory Board employees who need assistance with personal, financial, or professional problems. These services include initial consultation, problem assessment, and referrals.
Legal assistance program
The legal assistance program gives employees unlimited in person or telephonic access to a national network of participating attorneys to assist them with a variety of personal legal matters.
Worldwide emergency assistance services are available to traveling employees and their families.
We are always looking for ways we can provide additional benefits our employees will value. We provide a daytime leave policy for community service, onsite blood drives, an employee break room with free drinks, a corporate perks program that features gym, computer, and retail discounts, and extensive internal programs for employee training and development.