What We Offer
At TIAA-CREF, we care for our employees like we care for the participants and clients we serve. In short, we live what we preach — that there should be a return on the investment people make in their careers. Intelligent work and dedication over the years deserves reward. We support the personal, professional and financial well-being of our employees with a highly competitive package of benefits.
Career Development
TIAA-CREF recognizes that the growth and development of our employees is directly linked to the company’s success and its ability to better support the goals of our clients and participants. We foster an environment that promotes career opportunities at every level and encourages employees to gain experience through various channels to further their careers and leverage their talents. We provide company-sponsored education, training and development programs to help employees take advantage of these opportunities. TIAA-CREF managers are responsible for nurturing their team members, providing career guidance and advocacy, encouraging an environment where career aspirations and plans are openly discussed, supporting mobility and identifying areas for further development.
TIAA-CREF offers employees the tools to help them succeed, including:
- Exposure to a variety of developmental opportunities
- Career events and workshops
- Career development portal
- Mentoring and job shadowing
- Employee resource groups
TIAA-CREF is committed to expanding as an organization through the ongoing development of its dedicated employees. Through surveys, town hall meetings, dedicated mailboxes and more, we actively seek input from employees on the ways TIAA-CREF can continue to help them grow along with the organization.
Benefits Program
In order to attract and retain the most talented professionals, TIAA-CREF offers a Total Rewards Program. This comprehensive package rewards employees with base salary, performance-based discretionary bonuses, retirement and investment vehicles, as well as health and living well benefits. A key part of this package is our ability to help employees plan their financial future with the goal of achieving a secure retirement. Employees are eligible for many of the components of this package from their first day of employment.
Financial Rewards: [+]More
Competitive Pay Structure: We benchmark the industry to make sure TIAA-CREF offers compensation that is in line with other financial institutions. We offer an attractive base pay, annual discretionary bonus plan and long-term incentive program.
TIAA-CREF Funded Retirement Savings
- Retirement Plan: TIAA-CREF gives employees two ways to save for retirement. The first is a fully funded retirement plan that starts the date of hire. TIAA-CREF contributes a percentage of an employee’s base pay that escalates with years of service. Employees are vested 100 percent after 3 years.
- Retirement Benefit Equalization Plan: Contributions that exceed the Internal Revenue Code limits are automatically deposited into an Equalization Plan that vests after 3 years of service and is paid at the end of employment or following an employee’s 60th birthday.
Employee-Funded Retirement Savings
- 401(K) Plan: We offer a 401(k) plan along with a 3% company matching contribution to help employees build additional retirement savings.
- 401(K) Excess Plan: An optional vehicle for investing retirement savings that exceed the Internal Revenue Code limits.
Life Insurance: TIAA-CREF provides group life insurance of one times an employee’s base pay as well as the opportunity to enroll in supplemental coverage for the employee or the employee’s spouse or dependents. We also provide:
- Accidental Death and Dismemberment
- Business Travel Accident Insurance
Flexible Spending Accounts: To help employees manage their costs and reduce taxes, employees can customize a savings plan that supports healthcare (medical, dental, prescription drugs), transportation, childcare or catastrophic loss.
[-]Less
Health and Wellness Rewards: [+]More
- Medical Coverage: Includes prescription benefit plan.
- Dental Insurance: Employees may choose one of two plans, with TIAA-CREF paying a majority of the premium.
- Vision Care: Covers routine eye exams and eyewear through a network of selected providers.
- Long- and Short-Term Disability: Provides employees with a percentage of their salary for a specified period of time, should they become unable to work.
- Employee Assistance Plan: Access to qualified professionals who can help employees and members of their households resolve a variety of issues.
- Living Well Health and Wellness Centers: On-site medical services in our Charlotte, Denver and New York facilities for preventive care, sick care, concierge pharmacy services, over-the-counter medications, injury support and more.
- Fitness Reimbursement Programs: Employees are eligible to receive up to 50% of the cost of an annual membership to a fitness center, up to $650 per year.
- Health Advocate: A free service to all employees, this independent organization deals directly with providers and insurance carriers to resolve administrative and clinical issues on your behalf.
[-]Less
Educational Rewards: [+]More
- Tuition Assistance: For full-time employees, TIAA-CREF reimburses 100% tuition up to $8,000 per year for eligible expenses related to pursuing a work-related undergraduate or graduate degree. Final grade must be a C or above to qualify.
[-]Less
Work-Life Balance: [+]More
- Paid Time Off (PTO): An allowance of days that provides paid time off for illness, vacation and personal reasons.
- Adoption Assistance: For all full and part-time salaried employees, TIAA-CREF provides financial assistance for the high cost of adopting a child.
- Adoption, Maternity and Paternity Leaves: Provides a total of four months’ leave from date of birth for mothers, with one-month paid after short-term disability ends; two weeks’ paid leave for fathers of newborns; and two weeks paid adoption time once the child is home.
- Flextime: Enables employees to balance the demands of work, family and other personal obligations.
- Full-Time Child Care: Priority access for children 6 weeks to 5 years at any Bright Horizons full-service center.
- Back-Up Care Child Care Program: Discounted rates for in-home or center-based care for a mildly ill child.
- Back-Up Adult/Elder Care: Discounted rates for in-home care providers of elderly or disabled adult family members when regular care is not available.
[-]Less
Other Benefits: [+]More
- Identity Theft Recovery Service: Support for handling all of the paperwork, negotiation and management needed to resolve identity theft issues.
- Corporate Athletic Program: TIAA-CREF supports up to 6 sports per site.
- Toastmasters: On-site and near-site access to this organization, which helps employees develop communication and leadership skills.
- Discount Program: Discounts and savings not available to the general public through corporate partnerships.
- Employee Giving Campaign: TIAA-CREF provides a corporate match to eligible nonprofit organizations.
- Ombuds Program: A vehicle for employees to seek guidance to resolve conflicts and address other workplace issues.
[-]Less
