Employee Benefits
Nordstrom’s employee benefits and features are crucial in fostering a supportive and rewarding work environment, which helps attract and retain top talent. By offering comprehensive health and wellness plans, paid time off, retirement savings options, and career development programs.
Nordstrom ensures its employees are well taken care of both personally and professionally. These benefits promote work-life balance, financial security, and career growth, leading to higher employee satisfaction and productivity.
Furthermore, the inclusion of perks like employee discounts, performance bonuses, and flexible work arrangements strengthens the company’s commitment to creating a positive, engaging, and inclusive culture. Ultimately, these offerings help employees feel valued, supported, and motivated to contribute to Nordstrom’s success.
MyNordstrom Employee Benefits and Features
Nordstrom offers a range of employee benefits to support both their professional and personal well-being. While specific benefits can vary depending on the role and location, here’s a general list of the key benefits typically available to Nordstrom employees:
1. Health and Wellness Benefits
- Medical, Dental, and Vision Insurance: Nordstrom provides comprehensive healthcare plans to employees, including options for medical, dental, and vision coverage. Employees can choose plans that best meet their individual and family needs.
- Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA): These accounts allow employees to set aside pre-tax money for healthcare expenses, providing tax savings for things like medical bills or prescription costs.
- Employee Assistance Program (EAP): This program offers support for employees dealing with personal or work-related issues, including counseling, mental health resources, and financial guidance.
2. W2 Paystubs
- W-2 Paystubs: Nordstrom employees receive W2 paystubs detailing their wages, taxes, and deductions. These paystubs are provided regularly, typically each pay period, and employees can access them through the employee portal.
- W-2 Forms: At the end of the year, Nordstrom provides employees with their W-2 form, which summarizes their total earnings and the taxes withheld for the year. This form is used to file federal and state income taxes.
3. Paid Time Off (PTO)
- Vacation Time: Employees are eligible for paid vacation time based on their years of service and job position. Nordstrom encourages a work-life balance by providing time for rest and relaxation.
- Sick Leave: Paid sick leave is available to employees who need time off for illness or medical appointments.
- Holidays: Nordstrom typically observes certain paid holidays, and employees are given paid time off for those holidays, depending on their role and scheduling needs.
4. Retirement and Financial Benefits
- 401(k) Retirement Plan: Nordstrom offers a 401(k) plan, where employees can contribute a portion of their paycheck toward retirement savings. The company may match a portion of employee contributions, which is an added benefit for future financial security.
- Employee Stock Purchase Plan (ESPP): Employees can purchase Nordstrom stock at a discounted rate, allowing them to become shareholders and benefit from the company’s growth.
- Life Insurance and Disability Coverage: Nordstrom provides life insurance and both short-term and long-term disability coverage to employees in case of unforeseen health issues or emergencies.
5. Employee Discounts
- Discounts on Merchandise: Nordstrom employees receive discounts on products sold at Nordstrom and Nordstrom Rack. This includes clothing, accessories, shoes, and more, making it easier for employees to enjoy the company’s high-quality offerings at a reduced price.
6. Career Development and Growth
- Training and Development Programs: Nordstrom invests in employee growth by offering various training programs, including leadership development, technical training, and opportunities for employees to advance their careers within the company.
- Tuition Reimbursement: Employees who wish to pursue further education or certifications can receive financial assistance through Nordstrom’s tuition reimbursement program.
7. Work-Life Balance and Family Support
- Parental Leave: Nordstrom provides paid parental leave for new parents, whether for birth, adoption, or foster care, helping employees balance their family responsibilities.
- Adoption Assistance: Nordstrom offers adoption assistance benefits, helping employees who are expanding their families through adoption with financial support.
- Flexible Work Arrangements: Depending on the role, employees may have the option for flexible schedules or remote work, which is especially common in corporate or administrative roles.
8. Wellness Programs
- Gym Membership Discounts: Nordstrom offers discounts or reimbursements for gym memberships, supporting employee health and fitness.
- Mental Health Resources: As part of their Employee Assistance Program, Nordstrom offers access to mental health services, including counseling sessions and wellness resources.
9. Bonus and Incentive Programs
- Performance-Based Bonuses: Some employees, particularly those in sales or management roles, may be eligible for performance-based bonuses. These bonuses are typically linked to achieving sales targets, company goals, or individual performance metrics.
10. Commuter Benefits
- Transportation Assistance: In certain locations, employees may receive benefits to help with commuting costs, including transportation subsidies or discounts for public transportation.
Overall, Nordstrom focuses on providing a comprehensive set of benefits that promote employees’ health, career growth, and work-life balance, which aligns with their culture of valuing employees and supporting them in both their professional and personal lives.
If you’re considering a job at Nordstrom or are already working there, it’s a good idea to check with HR for any specific benefits tailored to your position or location.