The Sullivan & Cromwell Benefits Program represents an important part of the total compensation of the Firm’s employees.
Some of the components of the benefits package that are currently available to full-time Paralegals of the Firm include:
- Vacation time
- Health insurance
- Life and accident insurance
- Disability insurance
- Dental plan
- Emergency child-care service
- 401K savings plan
- Paid overtime
The Firm’s numerous policies have been established to ensure broad and valuable coverage for all staff members and their families. Employees enjoy generous vacation time, paid holidays and floating holidays.
The medical coverage is underwritten by Connecticut General Life Insurance Company (CIGNA).
The dental plan is underwritten by the Metropolitan Life Insurance Company (MetLife) and permits employees to obtain dental insurance for themselves and their dependents. The plan provides reimbursement for many common dental procedures in accordance with a schedule of benefits.
Employees may elect to participate in the Sullivan & Cromwell Life Insurance Program. This plan provides basic, supplemental and dependent life insurance coverage.
Short-term disability insurance provides benefits to individuals in the event of illness or injury not arising from employment. Long-term disability Insurance provides coverage if an employee becomes permanently disabled. Insurance coverage is effective on the first day of employment at no cost to the employee.
In order to assist eligible members of the non-legal staff in the New York office with child-care responsibilities, the firm has instituted a program to address work-related child-care emergencies. Participation in this emergency short-term service is optional. In addition, all members of the non-legal staff in the New York office needing assistance in making satisfactory permanent child-care arrangements may use a separate child-care service affiliated with the firm. Employees may partake of this service whether or not they participate in the emergency in-home child-care program.