Discover

HQ
Riverwoods, Illinois, USA
Total Offices: 5
18,000 Total Employees
Year Founded: 1986

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Discover Benefits Overview

Start enjoying great benefits Day 1 — We support you with the same dedication we bring to all of our customers. Our comprehensive benefits package features first-class insurance, financial planning support and excellent perks designed to help you reach your goals and live a rich, healthy life. Check out more of our amazing employee benefits at mydiscoverbenefits.com

Compensation + Benefits

Offers 401(K)

You may elect to contribute 1% to 30% of your eligible base salary, commissions and bonus on a pre-tax basis, up to IRS limits every year.

Offers disability insurance

Employees receive Short-Term Disability Insurance at no cost.

Offers charitable contribution matching

Provides 401(K) matching

Discover matches up to 6% of the pre-tax contributions you make to the 401(k) Plan.

Offers life insurance

As a Discover employee, you receive Basic Life Insurance of one times your HWEE (up to $500,000) at no cost to you.

Provides adoption assistance

Discover helps eligible employees and their families with the costs of adoption by reimbursing certain expenses.

Hosts company-sponsored family events

Offers generous parental leave

Offers childcare benefits

Provides family medical leave

Provides fertility benefits

Offers dental insurance

Discover offers two dental plan options — Standard and Premier — both are administered by MetLife.

Offers health insurance

Discover offers a variety of medical plans for you and eligible family members, so that you can choose the benefit plan that suits your needs.

Offers vision insurance

Discover offers two vision plan options — Standard and Premier through VSP.

Offers transgender health care benefits

Offers Flexible Spending Account (FSA)

You can open a separate Health Care FSA (HCFSA) and contribute up to $2,650 tax-free from your paycheck to reimburse yourself for eligible out-of-pocket expenses.

Offers pet insurance

Purchase medical coverage at a discounted rate for your beloved family pet. The more pets you insure, the greater the discount.

Offers mental health benefits

Offers employee stock purchase plan

The ESPP provides eligible employees with an opportunity to purchase shares of Discover common stock through payroll deductions at a 5% discount.

Provides relocation assistance

Offers performance bonuses

Company Culture

Provides commuter benefits

When you enroll in the Commuter Benefits Program at WageWorks, you’ll save on taxes on mass-transit passes, parking and other eligible expenses.

Provides free snacks and drinks

Provides onsite office parking

Has a dedicated diversity and inclusion staff

Mean gender pay gap is below 10%

Offers diversity-based Employee Resource Groups

Has a diversity manifesto

Mandated unconscious bias training

Hiring practices promote diversity

Utilizes a flexible work schedule

Utilizes a hybrid work model

Offers a remote work program

Utilizes a summer hours schedule

Utilizes an open door policy that encourages accessibility

Implements team-based strategic planning

Hosts in-person all-hands meetings

Open office floor plan to encourage communication and collaboration

Uses an OKR operational model to clearly define goals and priorities

Hosts in-person revenue kickoff meetings

Established employee awards to honor work and contributions

Work-Life Balance + Wellbeing

Offers company-sponsored outings

Offers fitness stipend

Partners with nonprofits

Offers wellness programs

Help balance your work and personal life with a wide variety of free and discounted resource and referral services including family and relationship counseling and financial guidance.

Provides opportunities to volunteer in the local community

Discover’s business is built on helping people, and we invest in the community (Blessing Backpacks, Boys & Girls Clubs, Big Brothers/Sisters) to demonstrate our commitment to a brighter future.

Provides access to an onsite gym

Provides recreational clubs

Offers Employee Resource Groups

Offers generous PTO

Discover has a Paid Time Off of 4 to 5 Weeks of paid time per year.

Provides paid holidays

Offers a flexible time off policy

Offers paid volunteer time

Provides paid sick days

Career Growth + Development

Provides continuing education stipend

Offers mentorship program

Hosts Lunch and Learns

Provides tuition reimbursement

Discover provides tuition reimbursement and a full-ride bachelor's degree program for select online degree programs.

Job training & conferences

Provides online course subscriptions

Allows employees to pursue continuing education during work hours

Provides personal development training

Provides customized development tracks

Promote from within

Additional Perks + Benefits

The benefit starts from the first day of employment so all eligible U.S.-based employees can start participating as soon as they want regardless of how long they have been with the company. We leverage intentional investments to strategically develop and retain our talent. Our approach is human-centered and focused on delivering meaningful and measurable experiences to build the capability of our talent and position them to deliver on our strategic priorities. Our experiences are equitable, inclusive, and aligned to our values, Discover Behaviors, and how we work. As employees continue their journey with us, they have access to build professional and leadership skills. They are supported when transitioning to new levels of leadership. High potential employees are rewarded with development experiences that assure a diverse leadership pipeline of strong talent is created. We understand how important it is to thank and acknowledge our employees for being a vital part of our company. Awards and recognition programs are one way we show our appreciation for their contributions. To foster a culture that prioritizes the needs of our employees and promotes flexibility, balance, and good health, we strive to: • Create an inclusive environment where well-being is visibly prioritized. • Continually encourage leaders to invest in their employees’ well-being. • Provide resources, education and training on well-being that is easily accessible. We offer a range of benefits and resources to employees under our three pillars of employee well-being: Health, Wealth, and Balance.