Graco Employment Benefits
Graco offers a competitive benefits package.
Here is an overview of our U.S. Graco benefits (changes may apply based on different locations).
We believe that enjoying your work and making valuable contributions to our company are equally important. The health, wellness, satisfaction and security of you and your family are vital to your well-being and ultimately to the success of Graco. To that end, we are committed to offering you a comprehensive benefit plan that will fit your needs.
- Medical, Dental and Vision
Graco offers a traditional PPO medical plan and two high deductible health plans. All plans offer preventive coverage at 100 percent. We also offer a dental and vision plan.
- Critical Illness and Accidental Injury Insurance
Graco offers supplemental insurance which pays a fixed lump sum benefit in the event of a diagnosis for a covered condition or accident.
- Health Care and Dependent Care Flexible Spending Accounts (FSA)
Our reimbursement accounts allow you to set aside pre-tax dollars to pay for eligible health care and/or dependent (daycare) expenses.
- Health Savings Account (HSA)
If enrolled in the high deductible health plan, you have the opportunity to participate in the HSA which is a tax-free account that allows you to save money to pay for eligible health care expenses.
- Life Insurance
Graco offers life insurance plans for you and your eligible dependents. Basic life and dependent coverage is provided at no cost to you. Additional life insurance coverage for yourself, spouse, and/or children is available.
- Disability Benefits
We provide company-paid short-term and long-term disability coverage in the event you become ill or injured and are unable to work.
- Time Off
Graco offers vacation, holidays, and other time off to help you balance your work and personal life.
- Wellness Program
Graco offers an innovative wellness program designed to improve the total health of employees and dependents which sparks engagement, drives productivity and reduces health care costs.
- Retirement Benefits
Our Retirement Program provides a solid foundation of retirement benefits, which includes a 401(k) plan with a company matching contribution, as well as an Employee Stock Purchase Plan, which allows you the opportunity to purchase Graco stock at a discount.
Additional Programs and Resources
- For your health
Fitness center discount program if enrolled in the medical plan
Confidential Employee Assistance Program (EAP)
Tobacco cessation offerings
Doctor-on-Demand Virtual Doctor Visit Program
Nutrition counseling offered through our medical plans
- For your personal and family life
Scholarships for eligible dependents of employees
Group discounts off vehicles, cell phone service, paint, and more
- For your development