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Home : Careers : Benefits

Benefits

Benefit Coverage Eligibility
Medical Insurance

Blue Cross

Blue Shield of

New England

  • Blue Choice New England POS
  • HMO Blue New England
Date of employment
Dental Insurance

Blue Cross

Blue Shield of

New England

  • BCBS Dental Blue
  • BCBS Dental Blue Select PPO
Date of employment
Vision Insurance
Spectera
  • Spectera Vision Plan
Date of employment
Flexible Spending Accounts (FSA)
Benefit Strategies
  • Health Care FSA (up to $2,500)
  • Dependent Daycare FSA (up to $5,000)
Date of employment
Short Term Disability Insurance
  • 60% weekly earnings (max of $3,460 per week)
  • Benefits begin on the 8th day of accident or illness
After three months of employment
Long Term Disability Insurance
Hartford
  • 60% monthly earnings (max of $15,000 per month)
  • 90-day waiting period of partial or total disability
Date of employment
Life and Accidental Death Insurance
Hartford
  • Life and Accidental Death Insurance:  2x base annual salary (Max $400,000)
  • Benefits begin to reduce at age 65 (Max $10,000)
Date of employment
Retirement Savings Plan
Fidelity Investments 401K
  • Contribute up to 60% of compensation on a pre-tax basis (to the IRS limit)
Monthly
Vacation/Paid Time Off
  • 4 weeks per year
  • 13.33 hours accrued monthly
Date of employment
Holidays
  • 11 paid holidays per year
Date of employment
Annual Incentive Plan (AIP)
  • Performance based stock option issuance and cash bonus plan
Prorated by date of employment
Employee Stock Purchase Plan (ESPP)
 
  • Purchase ArQule stock through payroll deductions
  • Price based on lower of two prices (first day of plan period or last day of plan period) minus a 15% employee discount

Enrollment is on first day of new plan period:  May 1 or November 1

Tuition Reimbursement
  • $3,000 for job related undergraduate level courses
  • $6,000 for job related graduate level courses
Date of employment
Employee Assistance Program (EAP)
  • Confidential referral service available at no cost to employees and their family members
  • Able to access 6 short-term visits
Date of employment
Legal Plan
PrePaid Legal
  • Option to enroll in plan covering wills, power of attorney, health proxy and several other legal services
Date of employment
Parking/Transportation
  • Parking available onsite at no cost
  • Anderson MBTA station located within a mile of facility
Date of employment
Additional Benefits
  • Subsidized cafeteria
  • Dry cleaning service
  • Discounted ski vouchers
  • Onsite fitness center
  • Ping pong and pool table
  • Discounted Canobie Lake Tickets
  • Credit Union
  • Vision plan for safety glasses
  • Discounted Six Flags Tickets
  • Mortgage program
  • Professional membership dues
  • Discounted Water Country Tickets
  • Sporting events
  • Discounted movie tickets
  • Annual summer/winter events
  • Sponsorship of foreign national employees seeking permanent resident status
 
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