Financial Security
- Meredith Corporation offers employees a base pay that is competitive in each location based on market research.
- Once you become a member of the Meredith team, you will be eligible for a merit pay increase every year as a reward for strong performance. Depending on your job at Meredith, you may also be eligible for other incentive programs.
- Meredith offers employees many benefits to help meet financial goals and protect employees' financial future, such as:
| Benefit | Description |
|---|---|
| Pension Plan | Meredith makes contributions on your behalf to a pension plan in which you become fully vested on a graduated basis. |
| 401(k) Plan |
You may save for retirement with tax-free dollars. This plan allows you to contribute 1-50% of your income up to the annual deferral limit. To help increase your retirement savings, Meredith will match 100% of the first 3% of your contributions and match 50% of the next 2% of contributions. |
| Employee Stock Purchase Plan | The Meredith ESPP allows you to purchase Meredith stock with at least a 15% discount without any fees or commission. |
| Disability Benefits | Meredith provides employees with disability coverage to help reduce financial loss if you have to be away from work due to illness or injury. Short-term Disability (STD) replaces up to 60% of your eligible pay to a maximum of $15,000 a month. Long-term disability (LTD) begins when your STD ends. LTD pays up to 60% of your eligible pay to a maximum of $15,000 per month, including any Social Security benefits. |
| Life Insurance | Meredith employees automatically receive two times their pay in life insurance. You may buy additional life insurance for yourself, as well as for your spouse and children. Both supplemental and family coverage can be bought through payroll deduction. |
| Long-Term Care Benefits | Meredith employees may enroll in long-term care insurance that, under specified conditions, provides skilled nursing for a patient (generally over age 65) in a nursing facility. |
| Accidental Death & Dismemberment (AD&D) | Meredith employees may purchase AD&D for themselves, their spouse and their children in increments of $50,000 to a maximum of $500,000. |