You can choose from several employee benefit programs and services to meet your lifestyle. From expanding your education to saving tax dollars on monthly expenses, PACCAR offers benefits to meet your needs. As an employee, you have access to:
- Medical Benefits
PACCAR offers comprehensive medical benefits for you and your eligible dependents. Excellent preventive care benefits, prescription drug coverage, well-child care, and a company-paid tobacco cessation program are also provided.
- Vision Benefits
The vision benefits offered by PACCAR can be used toward annual eye exams and vision hardware and/or contacts.
- Dental Benefits
The dental benefits offered by PACCAR cover preventive services in full and a wide range of other dental services, including orthodontia benefits.
- Survivor Benefits
PACCAR provides company-paid Life and Accidental Death and Dismemberment insurance as well as the option to purchase additional employee and spousal coverage.
PACCAR provides short- and long-term disability benefits to assist you if an illness or injury prevents you from working.
- Savings Investment Plan (SIP)
You can enroll in the PACCAR SIP, a 401(k) retirement savings plan that offers you a convenient, tax-deferred way to save for retirement.
- Pension Plan
PACCAR offers a company-funded pension plan. You will be vested after five years of service.
- Flexible Spending Account (FSA)
Save on your health care costs by using an FSA to pay dependent and health care expenses – medical, vision, prescription drug and dental – on a before-tax basis.
- Employee Assistance Program (EAP)
You and your immediate family may consult with a professionally trained counselor through PACCAR’s EAP, a free and confidential service designed to help employees and their families handle personal and work-related issues.
- Tuition Reimbursement Program
PACCAR will reimburse 50% of your tuition expenses for completing work-related courses at an accredited educational, certified training, vocational institution, or correspondence school.
- Educational Matching Gifts Program
The PACCAR Foundation will match your charitable donations to eligible educational institutions.
- Scholarship Program
The Paul Pigott Scholarship Foundation offers up to $10,000 in college scholarship opportunities to your children.
- Employee Stock Purchase Plan (ESPP)
If you choose to participate in the ESPP, you can purchase shares of PACCAR common stock through your payroll deductions and PACCAR will pay the brokerage fees.
- Employee Computer Purchase Program
You will have the opportunity to buy a personal computer, software and equipment through an interest-free loan from PACCAR.