Employees choose The Hanover Insurance Group for the comprehensive package of benefits that help them to save money, build financial security, and achieve their goals for personal growth and professional advancement.
Our benefits package is designed to offer choices for the flexibility you need. Our wide range of benefits includes medical, dental, life insurance, retirement plans, accidental death and dismemberment, dependent life, and disability insurance. Employee contributions toward benefits are made with pre-tax dollars, which results in lower taxes and higher take-home pay (exception of dependent life). Some highlights of The Hanover Insurance Group benefits package are listed below:
Health, Insurance & Retirement
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Life Balance & Professional Development
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Wellness programs are available and include (depending on your worksite) fitness centers, cholesterol screenings, aerobics classes and weight management.
Retirement
Our Retirement Savings Plan includes:
- New employees will be automatically enrolled in the Plan at 3% contributions of eligible pay after 60 days. Employees may choose to contribute more, less, or even nothing.
- Pre-tax employee contributions and 23 investment options.
- A dollar for dollar company match on the first six percent contributed to the plan.
- An annual discretionary employer contribution for employees regardless of participation in the Plan.
- Employer match and contributions vest 50 percent after one year of service; 100 percent after two years of service.
- 24 hour access to your account information.
- Rollovers from prior employer qualified plans.
