Benefits & Wellbeing at Teva
While we take great pride in helping millions around the world enjoy healthier lives every day, we are just as passionate about looking after our people, as we are our patients.
We believe that good wellbeing is based on a holistic approach. Therefore, for us to be at our best, we must nurture our physical, mental, financial, and social needs, and it is these four interconnecting pillars that form the framework for all Teva wellbeing activities.
From compensation and financial rewards, to flexible working, health benefits and ongoing career development opportunities, our benefits package and range of wellbeing initiatives are about making sure that you’re at your best in life, as well as at work.
We also recognize that different people need different things. So we actively adjust our benefits offering to match the needs of our employees. It’s one of the ways we support our diverse workforce, regardless of your origin, cultural or ethnic background, family status or age. We want to make your life easier and work even more rewarding.
Enjoy a more rewarding career
We recognize the importance financial stability has on your overall wellbeing so, in addition to providing a compensation package that’s fair and competitive, we offer numerous savings and retirement schemes to help ensure financial stability in the long run. Additionally, we offer incentive-based programs, where your individual performance is recognized and rewarded.
Find a better balance
The spirit of togetherness here at Teva is unique. We work, grow, and pull together, and see ourselves as supportive teams made up of friends. In short, we like working with each other. But we know that family comes first and that you also have passions outside of work. Teva cares and respects the lives and interests of our people outside of work. And we recognize that successfully integrating both work and home life, is essential for your overall wellbeing.
Additionally, depending on your location, you’ll find benefits and events that are offered to you.
Good health starts with you
We know that when you feel good, you do good, both personally and professionally. That’s why we take pride in offering a choice of wellbeing programs and activities, aimed at helping you be in the best shape, physically, mentally, and socially.
In addition to providing access to a choice of medical and health plans, we take great pride in providing a safe place to work while nurturing an environment that’s caring, respectful and inclusive. We also offer insights and guidance to support your overall wellbeing including suggested programs, aids and activities. Additionally, our Employee Assistance Program is focused on sharing resources and support specific to mental health.
We give you time to give something back
Our commitment to making a positive difference in people’s lives includes the communities we touch, as well as the patients we serve.
Nowhere is this better demonstrated than in our social impact volunteering programs, which support humanitarian causes across many local communities. We not only give our people the opportunity to give something back by taking part, but we also offer paid hours every year to give you the time to do so.
We’re as dedicated to your progress as you are.
Whether you’re joining us in an entry-level or leadership position, we offer a range of learning and development resources and programs to aid your professional progress.
You’ll find a variety of programs that empower you to grow your career, helping you to build the right capabilities for success in your specific role. You’ll gain new skills to thrive in a global setting, and we’ll make sure you are well prepared for the professional challenges of the future.
With so many leaders among us, we’ve designed dedicated Leadership Development courses to enhance the skills necessary to excel within their role, using targeted programs that uncover new ways of leading, thinking, and doing. Leadership is part of our organizational DNA, a lifelong learning journey we’re dedicated to supporting.
Some highlights of our benefits program for our regular employees include:
- Choices Benefit Program
- Company match pension plan
- Employee Stock Purchase Plan (ESPP)
- Employee Assistance Program (EAP)