Competitive Benefits

Working at Magellan is about far more than the job you do. We strive to ensure that our employees are cared for in all aspects of their lives, whether that be health and well-being, preparing for retirement, or simply making time to decompress by taking time off. The company offers a competitive compensation and benefits package to all employees, which includes:

Compensation

Magellan’s market-based pay program delivers a total compensation package that includes an attractive base salary, incentives and benefits consistent with the market and our mission to attract and retain a high-quality workforce.

401(k) Plan | Immediately eligible to participate upon date of hire. | Magellan matches 100% of employee contributions, up to 6% of eligible compensation.

Pension | The Magellan Pension Plan provides a basic foundation for your retirement security that is fully paid for by the company.

Annual Incentive Plan | Magellan’s annual cash incentive program is based on individual and company performance.

Pay Practices | Paid Time-Off | Military pay | Holiday pay | Floating holidays


Other Benefits

Service awards | Recognition awards | United Way day off

Accommodations | Lactation rooms | Workplace accommodations


Health and Wellness Benefits

Your health and the health of your family are important. Magellan offers the following health benefits to full-time employees:

Health Benefits | Medical coverage | Dental and vision insurance coverage | Virtual doctor visits via Aetna’s Teladoc program | Flexible spending account and health savings account options

Life Insurance | Basic, supplemental and dependent life insurance | Accidental death and dismemberment coverage | Business travel insurance coverage

Wellness Program | Resources and information to help employees achieve physical, mental and financial fitness | Free annual flu shots | Health enhancement subsidy for fitness, weight control and smoking cessation programs

Employee Assistance Program | Confidential assistance is available 24 hours a day to employees who want help resolving issues that affect their personal lives, job performance or mental and emotional well-being of employees and family members.

Disability | Magellan provides employees with both short- and long-term disability options.

 

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