At Novo Nordisk, our passion for people begins with meeting the needs of our own diverse team. More than just attracting and retaining the best minds in the business, we empower our employees to change their own lives – to reach their goals both professionally and personally. To that end, we strive to continually improve our employees' benefits each year.
We offer exceptional compensation and an array of benefits programs that truly offer Total Rewards, including up to 94% of the total cost of your health insurance. You'll even find services like coaching on "Saving and Paying for College" and in-home backup care for dependents and ill family members.
You can choose from three types of medical plans on your first day of work. Novo Nordisk pays a large portion of the monthly premium for you and your eligible dependents if you elect a PPO or HMO (up to 85%), which translates into small payroll deductions for your health care. A Consumer Driven Health Plan (CDHP) option offers a lower per paycheck cost and includes a company contribution to a Health Savings Account.
Vacation Policy
The purpose of this policy is to provide time off, with pay, to employees for rest and relaxation.
Service Required
Total Annual Accumulation
Date of hire to the completion of the 4th year of employment
120 hours (prorated for new hires)
Beginning of the 5th year of employment to the completion of the 9th year of employment
160 hours
Beginning of the 10th year of employment to the completion of the 14th year of employment
200 hours
Beginning of the 15th year of employment and onward
240 hours
Sick Time
Full-time Employees are eligible for up to 40 hours of paid sick time per calendar year (prorated for new hires).
Holiday Schedule
Novo Nordisk provides The Company offers 12 paid holidays each year. We provide nine (9) designated national holidays and three (3) individually scheduled floating holidays.
401(k) Savings Plan
Novo Nordisk automatically contributes 8% of your annual salary and bonus to the Money Purchase Plan on your behalf. The company will add another 1% to the 401(k) Savings Plan if you contribute at least 2% of your pre-tax pay. Company contributions are fully vested after just three years.
Compensation
All employees receive competitive base pay and participate in our annual bonus programs.
Educational Assistance Program
This program provides financial assistance to employees enrolled in individual courses or participating in academic degree programs that are related to increasing an employee's ability to perform his/her current position or a projected assignment within the company.
Employee Referral Program
The company offers a referral bonus to encourage and reward current employees to refer potential employees.
Novo Nordisk provides a range of additional programs to address the needs and goals of our employee population. These include:
These pages do not provide a guarantee of benefits offered. All benefit programs are subject to change at the sole discretion of Novo Nordisk.
