Career Center

Comprehensive benefits Russell associates enjoy more Medical, vision and dental coverage Russell is one of just a few companies in America that pays 100 percent of associates' healthcare premiums. We also pay a significant portion of the cost of coverage for dependents including domestic partners. Vacation Vacation for all associates begins at 17 days annually, and increases to 22 days in the fifth year and to 27 days in the fifteenth year. Vacation is prorated for associates who work less than full-time or who work less than a full year. Paid sabbatical leave After completion of each 10 years of service, associates are eligible for an eight week paid sabbatical leave. Holidays and early closures Russell provides nine annual holidays. Typically, Russell also closes early prior to certain holidays each year. Sick pay Associates accrue eight days per year, prorated for associates working less than 40 hours per week or less than a full year. Short-term disability Associates are eligible for full salary continuation for up to 45 calendar days when unable to work due to illness or injury. Coverage beyond 45 days and up to 90 days is phased in based on years of service. Long-term disability After 90 days of disability, associates receive a non-taxable benefit of 60% of base salary up to $15,000 per month. Russell Retirement Plan: Company contributions Russell contributes 10 percent of each associates annual base pay to the Russell Retirement Plan, and will match up to an additional 5 percent of the associate's 401(k) contribution. While Russell has contributed to the plan for over 30 years, these contributions are discretionary. Associates are eligible for the company contribution after six months of service. Russell Retirement Plan: Associate contributions From date of hire, associates may contribute on a pre-tax 401(k), Roth 401(k) and/or after-tax basis, subject to IRS and Plan maximums. Educational assistance After one year of service, associates are eligible for reimbursement of 90 percent of tuition, registration, books and other enrollment fee expenses for qualifying courses and programs, up to a maximum of $8,000 per associate on an annual basis. Professional certifications Russell provides financial support for associates' job-related professional certifications, including CFAs and other designations. Transportation benefit To encourage alternatives to drive-alone commuting, Russell subsidizes for mass transit commuting costs. Up to $230 in parking expenses for the Russell Investment Center may be paid pre-tax through payroll deduction. Convenience services Associates in our Seattle office enjoy on-site dry cleaning, personal printing and package delivery service. Domestic partner coverage Russell recognizes the status of same or opposite sex "domestic partners" in its employment policies and practices and provides many of the same benefits and rights to an associate's domestic partner as would be provided to a spouse. New parent pay Two weeks paid time off for the primary caregiver and one week paid time off for the secondary caregiver is provided to care for a new born child, an adopted child or a foster child placed for adoption. Associates are eligible after one year of service. Adoption reimbursement Russell provides reimbursement for 80 percent of adoption-related expenses, up to a maximum reimbursement of $8,000. Associates are eligible after one year of service. Pre-tax deductions Associates may pay for certain expenses with pre-tax dollars, resulting in significant tax savings. Eligible deductions include medical and dental premiums, transportation and supplemental insurance coverage. Flexible spending accounts This plan allows associates to set aside dollars on a pre-tax basis for dependent care expenses and healthcare expenses for each calendar year, resulting in significant tax savings. Life and accidental death & dismemberment insurance At no cost to associates, Russell provides life (two times annual salary) up to $1,000,000 and accidental death and dismemberment insurance at the same amount. Associates may elect to purchase supplemental life insurance and/or dependent life insurance through payroll deduction. Business travel accident insurance Associates are covered at no cost, at five times annual salary. Russell Investment Program for Associates (RIPA) Associates have the opportunity to invest in Russell funds through payroll deduction and lump sum contributions. This exclusive benefit enables associates to invest directly into specified Russell funds without paying outside advisory or brokerage fees. Employee Assistance Program (EAP) Russell pays the cost of this plan, which provides confidential counseling and referral services to associates and their families. Military leave Up to one year of paid time off is available to any associate who serves on active or emergency duty in the U.S. uniformed services. CORP-6200			Search jobs Printer friendly version of this page

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