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Benefits of Working at Juniper Networks

Juniper Networks offers a comprehensive and competitive benefits package designed to meet the varying needs of our employees. These benefits are an integral part of our total rewards package providing employees and their eligible dependents valuable protection and financial options. Juniper's competitive benefit package includes:

Savings Plans

401(k) Plan

The 401(k) Plan is a retirement plan that allows employees to set aside a portion of income on a pre-tax basis for retirement. Employees are eligible on their first day of employment. Employees may allocate from 1% to 60% of their pre-tax income (base salary and commissions) to the Plan, up to the IRS maximum limit. Juniper matches 25% of all employee elective deferrals based on eligible pay. For every $100 you contribute, Juniper will contribute a $25 match. The match applies to all deferrals, including Catch Up Contributions. All contributions, including the match, are immediately 100% vested.

Employee Stock Purchase Plan (ESPP)

The ESPP allows you to acquire shares of Juniper common stock through post-tax payroll deductions from 1% to 10%. There are two offering periods per year - one beginning February 1 and the second beginning August 1. Employees may purchase Juniper stock at 15% less than the fair market value as of the beginning or end of the offering period.

Health Plans

Health care coverage is available on the first day of regular employment for employees scheduled to work 30 or more hours per week. Employees may also cover their eligible dependents (spouse, domestic partner and children).

Medical:

  • Available Nationwide:
    • CIGNA Open Access Plus Copay (PPO)
    • CIGNA Open Access In Network (EPO)

  • Available In selected states:
    • Blue Cross Blue Shield of Massachusetts HMO (New England States)
    • Kaiser (Northern California and Mid Atlantic States)

    • Dental:

    • Delta Dental Premier USA

    Vision:

    • Vision Services Plan (VSP)

Flexible Spending Accounts

Health Care FSA

Employees may use this account to be reimbursed for eligible out-of-pocket health expenses not covered by their health care plan. Employees may allocate between $250 and $3,000 each year to this account annually.

Dependent Care FSA

Employees may use this account to be reimbursed for eligible out-of-pocket expenses associated with caring for dependents while the employee and the employee's spouse work (includes child care, elder care or care for an adult dependent incapable of self care). Employees may allocate between $250 and $3,000 each year to this account annually.

Income Protection

The benefits below provide income protection for employees scheduled to work more than 30 hours per week.

  • Basic Life Insurance
  • Supplemental Life Insurance (optional)
  • Accidental Death and Dismemberment Insurance (AD&D)
  • Business Travel Accident Insurance
  • Short Term Disability Insurance
  • Long Term Disability Insurance
  • Worker's Compensation Insurance

Time Off

Paid Time Off (PTO)

Juniper Networks provides paid time off (PTO) to both regular full-time and part-time employees. PTO is defined as paid time away from work for vacation, illness, outside activities, or personal business. You begin earning PTO on your first day at Juniper. PTO is based upon years of service and accrues semi-monthly.

Years of Service Annual PTO Accrual
Up to 1 year 15 days
1 year but less than 2 years 16 days
2 years but less than 3 years 17 days
3 years but less than 4 years 18 days
4 years but less than 5 years 19 days
5 years or more 20 days

Holidays

Juniper Networks provides 12 paid holidays each year. Nine holidays are fixed and three are floating holidays determined and communicated by Juniper prior to the beginning of each calendar year.

Additional Benefits

College Coach

This program assists employees and their families through important educational challenges such as selecting the right colleges, submitting standout applications, and paying for college.

Employee Assistance Program

The Employee Assistance Program or EAP, administered by ACI Specialty Benefits, is available to employees and their eligible dependents. This program provides confidential counseling, personal assessment and referral services. Employees and their family members are eligible for up to three visits every 6 months, per incident at no charge.

Matching Gift Program

Matching Gift Program is designed to increase the impact of your personal charitable contributions to eligible organizations. All eligible gifts will be matched on a dollar-for-dollar basis from $25 to $1,000 per calendar year.

Credit Union

Employees are eligible to participate in the KeyPoint Credit Union (formerly AEA Credit Union). Other credit union memberships may be available in areas outside of California.

MetLife Home & Auto Insurance

MetLife's Home and Auto insurance program is a voluntary program which offers a variety of special group rates and policy discounts to make insurance more affordable.

BeyondWork

BeyondWork and its BeyondBargains superstore is an employer-sponsored program designed to save employees' time and money by providing easy online access to discounts on a wide variety of goods and services.

Tuition Assistance

The Tuition Assistance Program is designed to aid employees in the pursuit of work-related courses or course work toward a work-related degree.

Important Note: This is intended to be a summary of benefits. The Plan Documents will be the ruling document should a discrepancy arise. Juniper Networks reserves the right to amend the benefit program at its discretion.