Total rewards for a fuller life,career and future.
Eversource employees are committed to providing reliable energy and superior customer service—and that’s why we are committed to providing our employees with a highly competitive total rewards package.
In addition to wages and salaries, the benefits programs Eversource offers its employees and family members is a significant part of the total rewards.
As an Eversource employee, you will have access to a wide variety of benefits designed to help keep you and your family healthy and financially secure with coverage options that feature choice, flexibility and tax-savings opportunities.
Benefits Overview
Our benefit plans focus on your Health & Wellness, your Life and your Future. While there are variations in available plans, the following is an overview of the company’s comprehensive benefits:
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Retirement Benefit Programs
All employees except those represented by Local 369:
- 401k Plan: Up to 100% employer match on first 6% of employee’s contributions (upon hire)
- Cash Balance Pension Plan: defined benefit pension plan providing annual employer contributions to an account based on age, years of service and eligible pay (3.5% to 6.0%)
Employees represented by Local 369:
- 401k Plan: Up to 100% employer match on first 3% of employee’s contributions (after 6 months)
- K-Vantage Plan: Additional employer contribution to the 401k Plan based on age and years of service (2.5% to 6.5%)
All eligible employees:
- Med-Vantage Plan: Age 40+, receive annual $1,000 contribution to HRA for post-employment qualified medical expenses
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Voluntary Programs (Employee Paid)
- Discounted group auto/home insurance
- Legal plan
- Employee Stock Purchase Plan
- Pet insurance
- ID theft protection
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Healthcare Coverage
- Medical, prescription, dental, and vision plans
- Health and dependent care FSAs
- Company contributions to Health Savings Account (high-deductible health plan enrollment only)
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Student Loan Debt Refinancing
Access to lenders who offer low rates on student loan refinancing
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Life Insurance Programs
- Company provided (for eligible employees)
- Option to purchase coverage for employee and dependents
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Sick, Short-Term and Long-Term Disability Programs
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Eversource Wellness Powered by Personify Health
Provides incentives for employees and spouses to adopt and maintain healthy lifestyles
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Other Benefit Programs (Company Paid)
- Employee Assistance Program (EAP)
- Adoption or Surrogacy Assistance (for eligible employees)
- Gift matching
- Care@Work Program—child/elder care—membership (includes subsidized emergency back-up care)
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Tuition Reimbursement
Provides reimbursement up to a maximum annual amount
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Holidays/Vacation/Floating Holidays
- 10 paid holidays per year
- Vacation days (based on years of service)
- Floating holidays
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Business Resource Groups/Eversource Volunteer Opportunities
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Career Opportunities
Opportunities for advancement during your career