Premier benefits Russell associates enjoy more Medical, vision and dental coverage Russell pays the cost of this coverage for associates and subsidizes a majority of the cost for dependents. Three medical plan choices are offered. Vacation Vacation for all associates begins at three weeks annually, and increases to four weeks in the fifth year and to five weeks 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 10 years of service, associates are eligible for an eight week paid sabbatical leave. Holidays and early closures Russell provides nine annual holidays and two personal days. 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. Retirement profit sharing plan Russell has historically contributed 15 percent of each associate's annual base pay to the Retirement Profit Sharing Plan. While Russell has contributed at this level for more than 30 consecutive years, this contribution is discretionary. Associates are eligible for the company contribution after six months of service. Retirement: associate contributions From date of hire, associates may contribute on a pre-tax (401k) 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. Russell provides financial support for associates' job-related professional certifications, including CFAs and other designations. Transportation benefit Russell encourages its associates to consider alternatives to driving to work. We offer a monthly pre-tax benefit of $25 to associates who take public transportation, vanpools or carpools, or who walk to work. Convenience services Associates in our Tacoma office enjoy on-site dry clearning, shoe shine and repair, car detailing, 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 or more years of service. Associates who give birth also receive Short-Term Disability pay for pregnancy-related disability, which typically covers six weeks of time off following delivery. 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. Dependent care referral service All associates are eligible from date of hire; Russell pays the cost of this plan, which provides referrals for dependent care providers. 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.			Printer friendly version of this page

RC 4738

Links to third-party content
Russell.com provides links to other sites for your convenience in locating related information and services. Russell does not maintain these other sites and has no control over the organizations that maintain the sites or the information, products or services these organizations provide. Although we believe that the information from these organizations is reliable, we cannot guarantee its completeness or suitability for any purpose.

Accordingly, Russell expressly disclaims any responsibility for the content of these other Web sites, the accuracy of the information on these Web sites or the quality of products or services provided by the organizations that maintain them. The existence of such links or content should not be construed as a recommendation, endorsement, approval or verification by Russell of any content available on third party sites. Russell reserves the right to require written consent for, or request the removal of, any links to our Web site.

© Russell Investments 1995-2008. All rights reserved.
Legal information.    Privacy statement.

Russell Investments, a Washington corporation which operates through subsidiaries worldwide, is a subsidiary of the Northwestern Mutual Life Insurance Company.