Employee benefits range from a
terrific merchandise discount to a gift-matching program for both charitable donations
and volunteer
time. Full-time employees also have access to medical, dental, vision, life
and disability insurance as well as a 401(k) plan to those with one year of
employment. This plan features dollar-for-dollar company matching
contributions up to four percent of pay, with 100 percent immediate vesting. In
addition, employees can participate in our Employee Stock Purchase Plan (ESPP)
and purchase Gap Inc. stock at a discount that’s at least 15 percent below
market rates.
In the United States, most benefits are available to full-time employees on
their first day and are extended to their eligible dependents, including
children, spouses and same- or opposite-sex domestic partners. In other
countries, similar benefits are offered depending on the benefit plan and
location.