Benefits We are powered by the innovation and entrepreneurial spirit of our employees who span the globe, covering four out of the seven continents. Our employees add value to our customers, respect our communities, and meet high performance and safety expectations. In return for their hard work and commitment, we offer competitive salaries along with a comprehensive offering of benefits. Benefit programs differ depending on the location of employment. As a Cabot employee, you can be assured that you will have the tools and resources you need to thrive. We encourage you to complete the application process to learn more about the specific benefits offered in your region. We are proud to provide an array of benefits to our full-time employees in the United States. Health and well-being Medical Choice of three national medical plans: Open Access Plus (OAP) HSA, OAP Plus and OAP IN Plans. For expatriates, the Cigna Global Health Plan is available. All plans offer 100% coverage for in-network preventive care services. This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data. Prescription drug coverage Three-tiered prescription drug plan included with medical insurance. The cost is based on generic, preferred brand or non-preferred brand tiers. A discount mail order program is also available. Dental Choice of two dental plans: Basic and Premium. Both offer 100% coverage for diagnostic and preventive dental care, although they have different calendar year and orthodontia maximums. The deductible is $50 for individuals and $150 for families. For expatriates, an international plan is available. Vision Choice of two vision plans: Basic and Premium. Both offer coverage for retinal imaging, exams, lenses and frames, although they have different copays and dollar allowances. Frames are covered in full if purchased from Target or Sears Optical. Medical travel assistance Medical coverage and assistance if you and your family travel on an approved business trip outside your country of residence or go on a permanent assignment. Hospital indemnity and critical illness Purchase coverage to receive a cash benefit if you have a hospital stay or develop certain critical illnesses. Health care advocacy service HealthAdvocate™ is a resource to help you and your covered dependents navigate the health care system and maximize your benefits, resolve claim issues and find providers. Well-being Program As part of our commitment to the health and financial security of our employees, the Well-being Program provides you and your family with programs and resources to help you be your best. Financial security and resources 401(k) plan Contribute 1 – 50% of your annual salary on a pre-tax, after-tax or Roth basis, up to IRS limits. We match dollar for dollar up to the first 6% of contributions, and we also contribute 4% of eligible pay to your account. Health savings account Available only to employees enrolled in the OAP HSA Plan, we contribute $500 for Employee Only coverage and $1,000 for coverage for Two or More for qualified health care expenses (the amount is 50% if hired or enrolled after July 1). Combined employee and Cabot contributions can total $3,450 (Employee Only) or $6,900 (Two or More). If over age 55, an additional $1,000 can be contributed. Health care flexible spending account Set aside $100 – $2,650 per year on a pre-tax basis to pay for many eligible out-of-pocket health care expenses. The IRS allows you to carry over up to $500 of any funds that remain in your account at the end of the year. HSA-compatible health care Flexible Spending Account Available only to employees enrolled in the OAP HSA Plan, you can set aside $100 – $2,650 per year on a pre-tax basis to pay for limited out-of-pocket health care expenses, including dental and vision services. Dependent care Flexible Spending Account Set aside $100 – $5,000 per year on a pre-tax basis to pay for eligible child or elder care expenses. Employee stock purchase plan Purchase Cabot common stock through convenient payroll deductions. Basic life insurance 1x annual base salary, rounded up to the next thousand up to a maximum of $1,500,000. Supplemental life insurance Purchase $10,000 increments up to a maximum of $800,000. Guarantee Issue: lesser of 4x salary or $500,000. Dependent life insurance For a spouse, purchase $10,000 increments up to a maximum of $150,000. Guarantee Issue: up to $30,000. For a child, purchase $5,000 or $10,000 in coverage. Business travel accident insurance Provides coverage up to 4x your annual base salary to a maximum benefit of $1,500,000 in the event of an accidental death or dismemberment while traveling on compan