What are the specific employee benefits offered by Nordstrom, and how do they compare to other major retailers?

Nordstrom offers medical, dental, and vision coverage to its full-time employees, which is rare in the retail industry.

The company provides a 401(k) retirement savings plan, and employees can contribute up to 50% of their salary to the plan.

Nordstrom offers adoption assistance, which is not a common benefit in the retail industry.

Employees can purchase company stock at a discounted rate through the Employee Stock Purchase Plan.

Nordstrom provides paid time off, including vacation, sick leave, and personal days, which is not always offered by other retailers.

The company offers a variety of health and wellness programs, such as a smoking cessation program and fitness center discounts.

Nordstrom provides flexible work schedules and telecommuting options to support work-life balance.

The company offers backup child and elder care services, which is a unique benefit in the retail industry.

Nordstrom has a leadership training program that helps employees develop their skills and advance their careers.

The company promotes from within, with many executives and managers starting out as sales associates.

Nordstrom offers a comprehensive benefits package to its part-time employees, including medical, dental, and vision coverage.

The company provides a 20% employee discount on most products, which can be used in-store and online.

Nordstrom's Employee Stock Purchase Plan allows employees to purchase company stock at a 15% discount.

The company offers a Voluntary Life Insurance program, which allows employees to purchase additional life insurance coverage.

Nordstrom's benefits classification system determines the benefits an employee is eligible for based on their job type and employee status.

📚 Sources