Unlike in older times, just a standard wage in exchange for a worker’s job is not sufficient nowadays. Organizations must provide additional perks in order to maintain employee satisfaction and attract and retain the right talent. Employee benefits are an essential tool for organizational success. Its significance can be proven by looking at how some of the employee benefits have become mandatory by law. Let us know What are the ‘Xerox Employee Benefits’.
Xerox Employee Benefits
Established and renowned corporations such as Xerox have proven to keep their employees happy to sustain and thrive in all kinds of market conditions. Employee benefits bestowed by Xerox fall into the category of medical, insurance, retirement, resources for family, etc. Let us see what the employee benefits at Xerox are and how they work.
Presenting Xerox
View Source: https://www.xerox.com/en-us
‘Work Can Work Better’
Founded in 1906, as a pioneer in office technology, Xerox Corporation was the first company to introduce a xerographic copier. It is an information technology American corporation that offers print and digital document products. Having served in over 160 countries, Xerox’s headquarters is situated in Connecticut, United States.
Interesting fact: Xerox brought in such a revolutionary offering and marketed it so well that the word “Xerox” itself has replaced “photocopy” which is the function of their copiers. So, what do you want to get xeroxed?
Know about Employee Benefits
Employee benefits are part of a quality compensation package from which some perks are legal requisites and others are discretionarily offered by employers to keep the employees happy and ensure the quality of work. Though employee benefits are a cost to the company, employers bear it to show that the organization cares about its people; this employer branding aids to maintain employee satisfaction and keep the work environment healthy.
In the current time, companies are forthcoming in offering perks to employees; hence different kinds of benefits exist, but some commonly delivered employee benefits are health insurance, student loan repayment, remote working option, flexible work timings, retirement plan, life insurance, paid holidays and paid parental leaves.
How Xerox Employees are benefited?
Xerox’s motto is to empower the workforce sustainably, address new-age customer problems, and provide innovative solutions; it believes in providing flexibility and autonomy to employees. In order to provide great value to its customers, Xerox is offering benefits to enable its people in a way that aligns with organizational promises towards the customers.
Here are the major employee benefits at Xerox to cater to the needs of different employees, yet the perks are not limited to this list:
- ∙ Paid Holidays
o Parental leaves, paid time off, paid jury duty
- ∙ Health Care
- ∙ On-site gym, gym membership
- ∙ Insurance
o Dental, disability, life, vision, health, prescription drug
- ∙ Retirement Savings Plans
- ∙ Flexibility at Work
o Work from home, flexible schedule
- ∙ Employee Assistance Program
- ∙ Resources for Childcare and Eldercare
With the surge of the pandemic, Xerox realized the significance of employee well-being and quality health care; hence it included a few more optional benefits to access like enrolment in Xerox Medical Plan, Savings & spending account, supplemental insurance, dental & vision plans, optional life & accidental death & dismemberment coverage, and voluntary benefits.
Xerox has also launched Virtual Office Program to do the jobs from home. More than 8000 employees are benefitting from this program. This option includes functions like customer care, tech support, quality control, business support, etc. There is a sub-program called “Heroes @ Home” through which veterans and military spouses are given employment opportunities.
As a result of virtual programs, commuting costs reduce, the work environment is comfortable, and the work-life balance becomes better.
Providing wide-ranging print and digital solutions for more than 100 years, Xerox has come a long way; and with a view to growing and succeeding the same way in the future, it has remodeled its way of working to accommodate various human needs. It is safe to say that Xerox
has realized and adapted to the needs of this hour and will continue to offer the required benefits to the new-age workforce.
Frequently Asked Questions
- How is the work culture at Xerox?
Xerox is a successful and renowned corporation, and it has created a cohesive and supportive culture. The employees are treated with respect and valued for their contribution. Different employees perceive the organizational culture differently, yet professionals are valued by Xerox.
- When does Xerox pay?
The pay frequency can depend very much on the job role and department they are working in, but for most positions employees are paid biweekly (every two weeks).
- How are the working hours at Xerox?
Xerox has adapted the concept of flexible working hours, yet the standard work week is Monday to Friday and 60-80 hours per week.
- What is the hiring process to get into Xerox?
It does not have too many steps to pass. Xerox hires through online and in-person interviews to assess suitable candidates. Most of the employees gave feedback that they were hired on the spot.
References:
- Xerox Employee Benefits: Total Value-Benefit Offerings to Meet Every Need. (n.d.). https://www.xerox.com/en-us/jobs/employee-benefits
- The Editors of Encyclopaedia Britannica. (1998a, July 20). Xerox | History, Products, & Facts. Encyclopedia Britannica. https://www.britannica.com/topic/Xerox-Corporation Virtual Office Program. (n.d.). https://www.xerox.com/en-us/jobs/work-from-home Walker, E. (2022, October 17). What are employee benefits? PeopleKeep, Inc. https://www.peoplekeep.com/blog/what-are-employee-benefits
- Xerox. (2021, December 21). Xerox Is Powering Today’s Workforce [Video]. YouTube. https://www.youtube.com/watch?v=1AXpl95HqPI
- 25 types of employee benefits to look for in a new job. (n.d.). Retrieved January 7, 2023, from https://www.indeed.com/career-advice/career-development/types-of-employee-benefits
- Xerox benefits | indeed.com. (n.d.). Retrieved January 7, 2023, from https://www.indeed.com/cmp/Xerox/benefits
- Xerox mission, benefits, and work culture | indeed.com. (n.d.). Retrieved January 7, 2023, from https://uk.indeed.com/cmp/Xerox/about
- Benefits you can count on – myxeroxbenefits.com. (n.d.). Retrieved January 7, 2023, from https://myxeroxbenefits.com/-/media/Mercer/OE_Xerox/Documents/2021-Announcement Brochure.pdf?rev=2827825e3f9d4e5598dd8a5a884ef48a&hash=7B84686E26523FB3E5F 7A23FAF6F69A0