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Compensation & Benefits

Northeast Utilities maintains pay policies that are among the most competitive offered in the marketplace and that include incentive programs designed to pay employees for the achievement of specific goals.

Flexible Benefits Program

Northeast Utilities offers our employees choices on meeting their personal benefits needs. Under this program, employees are the ones making the decisions about their benefits. They can choose from different kinds and levels of benefits that are right for them.

Under the Flexible Benefits Program, there are a number of different benefit options, including a choice of:

  • Medical options
  • Dental options
  • Long-term disability options
  • Life insurance options
  • Accidental Death and Dismemberment insurance options
  • Health care and dependent care expense reimbursement accounts

401k Savings and Investment Plan

We offer a 401k plan that includes tax-deferred savings immediately upon hire, company-matched contributions after 6 months, and convenient payroll deductions. Employees have a choice of over 20 investment options and the opportunity to change their elections as often as they like.

Employee Share Purchase Plan

After one year of employment, employees are eligible to participate in a program to purchase Northeast Utilities shares at a discount.

Education Reimbursement and Training Programs

In addition to a program that reimburses eligible employees up to 75% of the cost of tuition and fees, Northeast Utilities offers extensive in-house training in a number of areas. Our Information Technology Learning Center, for example, provides all levels of computer training, whether in the classroom, on location, or in a self-directed environment.

Employee Services

Credit Unions

Credit unions offer a wide variety of financial services to employees of Northeast Utilities. Branch offices are situated at our larger sites.

Child Care Referral Services

If you need information and assistance to help you find child care arrangements that meet your family’s needs, Northeast Utilities provides free and confidential referral services in Connecticut, Massachusetts, and New Hampshire to help you with child care service information.

Other Services for Employees

NU employees are offered a number of other convenient programs including:

    • Floating vacation days
    • Flex-time and job-sharing
    • Wellness programs with incentives for employees who adopt healthy lifestyles
    • Group auto and home insurance
    • Long-term care
    • Employee Assistance Program with confidential counseling services
    • Recreation committee offering employees discounts to sports, entertainment, travel, and other events
Services available in many of our locations include:
    • Ridesharing, vanpooling, and free parking
    • On-site ATMs
    • Fitness Centers
    • Full-service cafeterias


 


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