Canada
Hospital
Semi-private
Deductible
No deductible on health care expenses other than drugs. Deductible on drugs is $5 per prescription
Nursing Service
$50,000 maximum
Drugs
- Reimbursement Basis – $5 deductible
- Interchangeable Brand Name Drugs – 80%
- All other drug expenses – 100%
Prescription Eye Wear
$250 every 2 consecutive calendar years – no deductible application
Paramedical Practitioners
80% coinsurance
Registered Massage
50% coinsurance
Psychologist, Psychotherapist, Registered Clinical Counsellor, Certified Clinical Counsellor, or Social worker
- $1,000 combined per year maximum
- Gender Affirmation Benefits
- Family Building – Helping you on your family-building journey
- Consult and Virtual Health Clinic for non-urgent conditions
Out of Province
$250 every 2 consecutive calendar years – no deductible application
- Coinsurance on brand name drugs – 90%
- $5 Prescription deductible waived
Deductible
- Single – $25/calendar year
- Family – $50/calendar year
Basic & Major
$2,500 annual maximum
Orthodontic
$1,500 lifetime maximum
Short-Term Disability and Long-Term Disability
Pearson provides disability coverage if you are unable to work due to a non-work-related illness, injury or condition (including pregnancy and childbirth). Disability coverage provides financial security during times of uncertainty and transition so that you can focus on getting well. Short-term disability provides up to four months of coverage payable at 80% of base pay for the first six weeks of absence and payable at 70% of base pay for the remaining weeks up to four months. Long-term disability is payable after four months of disability at 67% of monthly earnings up to a maximum of $12,000.
Life/Accident Insurance
Pearson provides life and accidental death and dismemberment insurance for eligible employees, their spouses and dependent children. Additional Life Insurance, Accident Insurance and Critical Illness Insurance can be purchased as well for eligible employees, their spouses and dependent children via Canada Life Insurance company.
Eligibility
Immediately upon hire
Employee Contributions
Minimum Required Contribution of 2% of your covered pay on a pre-tax basis (subject to Income Tax Act maximums).
You may make additional optional contributions between 1% to 4% of earnings
Employer Contributions
The Company will contribute 4.5% immediately. The Company will match your optional contribution 100% up to a maximum of 4%.
Investment Options
Choice from a menu of funds, including target date funds, as well as Guaranteed Investment Certificate (GIC) options.
Group Registered Retirement Savings Plan (RRSP) Account
You can select any dollar amount to be deposited into your Registered Retirement Savings Plan (RRSP) Account. While there are no company contributions to the RRSP, spousal contributions and Home Buyer’s Plan for first-time homeowners are allowed. You have a choice of funds, including target date funds as well as Guaranteed Investment Certificates (GICs).
Tax-Free Savings Account
Employees can elect any amount they choose to deposit into their TFS Account. Amounts contributed, as well as any income earned in the account (for example, investment income and capital gains), are generally tax-free, even when withdrawn.
Dedicated Benefits and Retirement Consultation through Canada Life
Pearson Canada employees can book a free call with a Health and Wealth Consultant to discover more about their benefits and savings plans through Canada Life.
The Worldwide Save for Shares Plan is an easy and flexible way to save money directly from your pay. At the end of the savings period, you can use your savings to purchase Pearson shares at a 20% discount to the market price at the start of the plan. You can keep your shares or sell them immediately.
Unmind – Pearson’s Global Mental Wellbeing Resource
- Pearson WELL supported by Unmind is a global online wellbeing platform designed by psychologists to help you measure and manage your mental health and wellbeing. In addition to providing 12 free one-on-one therapy or coaching sessions, you can build your own wellbeing plan and access more than 700 hours of content covering all sorts of areas, from managing stress, to sleeping better, to improving your focus. Learn more about the platform by visiting The Hub.
- Pearson’s Employee Assistance Program (EAP) is available through Unmind, our global mental wellbeing platform. This partnership with Unmind helps streamline our mental wellbeing offerings and brings mental‑health support, therapy, coaching, and EAP services into one easy‑to‑access place. Through the EAP you, and family members who live with you, have access to unlimited phone counseling and up to 6 face-to-face counseling sessions per issue per year.
- Perkopolis – Exclusive Retail, Shopping, Entertainment, Health and Wellness, Travel, Automotive and Insurance perks
- Fitness Subsidy
- Group Home and Auto Insurance savings via the Cooperators. Get a quote by calling 1-800-387-1963
- Discounted Goodlife Membership
- Employee Referral Award
- Tuition Assistance
- Up to 5 paid volunteer days
- Vacation
- Maternity, Paternity and Parental Leaves
- Bereavement Leave
- Survivor Health & Dental Benefit – 30 months
- Pearson+ eTextbooks
- Bravo – Pearson Employee Recognition Programme
Access Your Benefits
- Health care plan
- Dental coverage
- Life and disability
- Retirement
Website:
Phone:
8:00 a.m. to 8:00 p.m. ET at 1-888-222-0775
Save For Shares Plan
Website:
Employee Assistance Plan
Website/App
Log in and select “Call” on the left navigation menu: Unmind Platform
Phone:
Toll free: 1-877-847-4525