Benefits and Rewards

Our employees are the cornerstone to our success as a company. We strive to offer highly competitive benefits and rewards packages to encourage their hard work.

Biogen Idec Total Rewards: A Comprehensive Approach to a Lifetime of Benefits

Every company offers benefits, but we take a more innovative approach by structuring our benefits package to encompass all areas of our employees’ lives. Our Total Rewards package focuses on what matters most to them — their money, health, career and life.

Compensation

Biogen Idec’s compensation packages are highly competitive with those offered by other biotechnology firms. Moreover, our programs are reviewed annually to ensure competitive pay and include short-term and long-term incentives at every job level. We also recognize employees’ performance through merit-based bonuses and pay raises.

Planning for the Future

Biogen Idec offers retirement and savings programs to assist in building a secure financial future, from long-term incentive plans and a 401(k) savings plan to college savings (529 plans) and employee stock purchase programs.

Protecting Employees’ Health

Employees have the ability to choose health, life and disability benefits that best fit their lifestyle and individual/family needs.

Balancing Work and Personal Life

Biogen Idec is committed to helping employees maintain a balance between work life and personal time by providing paid time off, summer hours and a variety of other lifestyle benefits, including paid maternity/paternity leave, adoption reimbursement, subsidized gym memberships, subsidized backup dependent care and an employee assistance program.

Rewards & Recognition

Our recognition and service awards programs celebrate employee successes and commitment to the company. These awards include both corporate and peer-to-peer recognition programs. We also offer an employee referral program, which provides incentives to employees for discovering talent outside the company.