IBM Benefits: Perks of Working at IBM

Working at IBM has been a goal for many tech professionals. The company has been a major American computer manufacturer since it was founded in 1911. It has many products like IBM SPSS Statistics, IBM Blueworks Live, and IBM Maximo. This company is a provider of IT services, enterprise systems, and artificial intelligence, and cloud services.

IBM treats its employees well, too, which makes it an appealing place to work for. You can access health insurance, retirement plans, medical benefits, and many other potential benefits. Below, we’ll describe the different IBM benefits for employees and how to get a job at IBM.

IBM Overview

According to MacroTrends, the annual revenue for IBM in 2020 was $73.62 billion. Statista reports that IBM has 345,900 employees as of 2020. Despite the pandemic, the company has continued to maintain its stability. As one of the largest tech companies in the world, it sets a precedent for the employee experience.

IBM Average Salary, Benefits, and Employee Perks

There are several different IBM employee benefits. They include employee health benefits, employee assistance programs, and even an employee mentoring program. Read below for a deeper look at all the benefits you can access while working at IBM.

IBM Salaries

According to PayScale, the average base salary of an IBM employee is $102,000. Popular positions include software engineers, whose salary range is between $74,000 and $131,000. A software developer’s salary ranges from $70,000 to $124,000. Another popular position at IBM is data scientist, and their salaries range from $103,000 to $178,000.

IBM Employee Benefits

Health Benefits

These benefits are available to all IBM regular employees, regardless of whether they are part-time or full-time. You’ll have medical options that cover medical care, hospitalizations, emergency care, preventive care, and emergency care. This also covers telemedicine services, prescription drugs, care coordination, decision support, and condition management. 

Mental Health Benefits

The employee assistance program (EAP) and managed mental health care programs are included here. For the managed mental health care program, you can access licensed psychiatrists, social workers, psychologists, and social workers. 

IBM also provides comprehensive outpatient and inpatient treatment for psychological and emotional problems. The employee assistance program provides support and resources if the employees have issues. There are individual and family plans as well as bereavement time and leave coverage options.

Dental Care

The company provides dental coverage, and employees can receive assistance in preventive and diagnostic care, cleanings, x-rays, and fluoride treatments. You can also have coverage if you need orthodontic services, primary restorative care, or fillings.

Flexible Spending Accounts

The company also offers financial help to employees when they need it, especially for healthcare expenses. You’ll be able to get help for medical, vision, dental, and ear health expenses.

Life and Disability Benefits

For these benefits, an employee will receive salary continuation for days that you are absent because of an injury or illness. These can last for 12 consecutive months. You can access your benefits in the IBM cloud system for employees.

IBM Bonuses

According to Glassdoor, the average cash bonus at IBM is $3,477. The same report states that employees also receive a stock bonus of an average of $22,878. In addition, there are also profit-sharing bonuses that usually amount to $5,419. Overall, there are many bonuses that employees enjoy at IBM.

IBM Employee Discount

IBM employees, contractors, and friends or families of employees can enjoy a 25 percent PC discount. The company also sometimes offers special deals, like $200 off Macbooks or $100 off Dell, Lenovo, and HP laptops. Desktops are 50 percent off during these sales, while iPhones and iPads are $40 off. 

Other IBM Perks

Another perk as an IBM employee is vision care. This helps employees who have problems with their vision and need to undergo eye exams and buy eyewear. In addition, you’ll be able to get an annual eye exam, contact lenses, and frames. These are some of the best-known employee benefits.

Depending on your position and location, you can access many more benefits in health, mental wellness, and finance. It also offers tuition reimbursement for all ages, which means you can get an education as well. There are also death benefits and other benefit categories for different life events. No matter your benefit situation, IBM can help.

What’s It Like to Work at IBM?

Each employee has a unique experience when it comes to working in IBM. It’s a very diverse company and welcomes everyone regardless of their background. Working with IBM can be challenging for some, but it can also be a learning experience. You’ll be surrounded by lots of other professionals from whom you can learn.

Working at IBM can also make you feel you’re taken care of because it offers paid time off. In addition, the company also has lots of advancement opportunities that will help your career if you’re looking for growth. 

IBM Working Environment

While working for IBM, you’ll be surrounded by creative and intelligent coworkers. Furthermore, you’ll be able to encounter and handle exciting projects which will test your skills. Support is given when you need it. The employee reviews on Indeed and Glassdoor are overwhelmingly positive.

IBM Work/Life Balance

The company’s work/life balance is good, although some employees say that there are some unhealthy work ethics. Most of the people who’ve worked there mentioned that there’s also an opportunity to work from home. In addition, employees are given paid time off.

How to Work for IBM

Many candidates want to be part of IBM because of the best-known IBM employee benefits and how much you’ll grow as you work for the company. Below are some tips you can follow to land a job at IBM. 

• Hone your skills. Whatever career path you decide on, your skills need to be sharp. If you want to improve your skills, you can go to one of the best coding bootcamps.
• Prepare your portfolio. If your position requires a portfolio, then you should start working as soon as you can. You can set up a website that showcases your best work.
• Make an outstanding resume. Your resume will help you stand out from others. Here, you have to list your professional experience and highlight the skills you’ve honed in those experiences.
• Practice your communication skills. You must communicate well, especially during the interview portion of the hiring process. Communication skills are essential, and you should be able to show them off during your interview. 
• Keep your notification alerts on. Make sure that your application alerts are turned on once you send your application. You want to respond to any offers quickly due to the competitive nature of IBM jobs.

Jobs You Can Get at IBM

Should You Get a Job at IBM?

Yes, you should get a job at IBM. There are many benefits for eligible employees who fit the criteria, regardless of whether you are a full-time or part-time employee. The interview asks candid career questions and other pressing questions to understand your personality. If you are a motivated individual, you can get a job at IBM.

IBM Benefits FAQ