In this competitive and evolving world of commerce, it is important to think out of the box to keep the employees engaged and motivated. The offers and discounts act as a great source of inspiration. And most of the company does resort to these tactics. And Rivian is no exception in this case. What is Rivian employee discount? This is the question I shall be answering in detail, stay connected.
Rivain Automotive is a well well-known name in the field of electric vehicles. It is a reputed American electric vehicle (EV) manufacturer. The company over a period of time has become a preferred choice of customers for the quality of vehicles they manufacture. Since its inception in 2009 and has quickly gained recognition for its innovative approach to electric vehicles.
What is Rivian Employee Discount? Let us dive in to know the answer to this question and much more. Stay tuned.
What is the Rivian Employee Discount?
Rivian offers significant discounts to its employees on the purchase of their electric vehicles. The specific amount of discount and eligibility can change over a period of time. However, by and large, you can save a substantial amount over the purchase of an R1T or R1S.
In order to make life more fulfilling and enjoyable at the same time, you are entitled to certain discounts and special offers as a Rivian employee. You have access to discounts and special offers from great companies.
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What Are Rivian Enrolling Benefits?
These are benefits you will need to enroll in during the first two weeks of your joining the company. The benefit effective date will be your date of hire. The benefits covered under this program are:
- Medical
- Dental
- Vision
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Supplemental life and AD&D insurance
- Long-term disability buy-up plan
- Accident and critical illness insurance
If you do not choose benefits within 14 days of your hire date, you will be enrolled only in employee-only medical coverage through the Blue Shield PPO Health Savings Account (HSA) 3500 plan.
1. Benefits You Can Enroll at Any Time
These are the benefits that you can enroll for at any given point of time while being an employee of the Rivian.
- 401(k) plan
- Well-being programs
- Commuter benefits
- Legal and identity theft protection
- Pet insurance
How to Enroll for Rivian Employee Discount?
Enrol for the benefits offered under the Rivian Employee Discount by following the steps given below.
1. Go to Workday by using Rivian’s single sign-on (SSO).
2. Click on the “Inbox notification” given at the right top corner located next to the bell icon.
3. Click on the “Let’s Get Started” given on the “Change Benefits” inbox notification.
4. Enroll in your Benefits.
5. Submit your elections and print your confirmation statement.
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How to Make Changes After Enrollment?
Even after getting enrolled you are allowed to make changes through Workday within the period of 30 days following the event. Here is how you can make the changes:
- Go to the Home Screen.
- Select Benefits
- Go to Change
- Tap Benefits.
- Create a life event, and choose the reason from the drop-down list.
In order to support your qualifying life event, you have to provide documentation to support your claim. Once you do the same you are allowed to change only to benefits relevant to the types of life events.
1. Changes to Consider
Since life is not static. There are a lot of things that change over a period of time. So taking into account the changes that have taken place in your life, you can therefore update more than just health care coverage. Here are some of the changes that you may consider:
- Life Insurance Coverage
- Address in Workday
- Tax withholding status
- Beneficiaries for your life insurance and 401(k)
Who is Eligible for Rivian Employee Discount?
This is not only the employee who is eligible for the Rivian Employee discount. Even friends and family members are eligible for certain discounts and perks.
1. Eligible Family Members
There are several family members of an employee who are eligible for the Rivian employee discount. The following individuals are covered under this category:
1. Spouse of the employee
2. Legal domestic partner of the same or opposite sex
3. Dependent children up to 26 years of age. The children include natural, adopted, foster, or stepchildren.
- The children of your domestic partner.
- Any dependent child even after attaining the age of 26 years is incapable of self-support owing to mental or physical disability. However, you have to produce the certificate for the same.
A. How to Confirm Your Dependent Covered by Rivian Employee Discount Plan?
You can confirm the identity of your dependant covered under the Rivian Employee Discount plan by producing the following documents:
Birthdate and Social Security number of your dependant. You have uploaded their social security cards.
A marriage license or domestic partner affidavit is to be uploaded to the workday.
Your children’s birth certificate or replacement paperwork is to be uploaded to the workday.
2. Part-Time Employees
Employees working at least 20 hours and less than 30 hours per week are deemed part-time employees by the company. They are eligible to take part in all Rivian benefits after three months.
As soon as the three-month period comes to an end, the coverage begins on the first day of the following month.
You are eligible for a number of benefits. Here are some of the benefits mentioned:
1. Mental, dental, and vision: Remember that your paycheck contribution amounts are different from those of full-time employee contributions.
2. Health Savings Account: Enrol in an eligible medical plan and make your own HSA contributions. However, you will not receive a company contribution to your HSA.
3. Flexible Spending Accounts
4. Life and Ad&D insurance
5. Short-term and long-term disability
6. Accident and Critical illness insurance
7. 401(k) plan
8. Well-being programs
9. Leave of Absence: You are eligible for up to six weeks of parental leave after your three-month waiting period is over.
10. Paid time off: You will accrue PTO at a rate of 1.539 hours for every two weeks worked. The time period starts from your hiring date.
11. Paid sick and safe leave: You are entitled to 49 hours of paid sick and safe leave per year. The prorated grant that you will receive on your first pay can be used by you as and when you want.
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3. Interns
An individual working with the company for at least 30 hours per week is entitled to a certain discount as per the company plan. Here is what an intern can avail of under the Rivian Employee Discount Plan.
1. Blue Shield PPO HSA 6350 medical plan
2. Health Savings Account (HSA) (with no company contribution)
3. Leave under the Family and Medical Leave Act (FMLA)
4. Paid time off (PTO) accrued at a rate of 3.077 hours for every two weeks worked
5. Modern Health mental well-being platform
6. Sibly coaching app
7. Legal and identity theft protection
8. Child care
9. Pet insurance
Know the Rivian Discount Offers Under the Rivian Employee Discount Plan?
Rvian employees are eligible for different kinds of offers. The offers are of diverse and varied types. It covers different types of services. Here are the discount offers and benefits you get under the Rivian Employee Discount Plan.
1. Commuter Benefits
It allows you to set aside the pretax money that can be used for qualified parking, transit passes, and van pooling.
The IRS allows you to set aside a minimum amount of $315 per month pre-tax for public transportation and parking expenses.
You are allowed to enroll or stop participating at any time throughout the year.
Remember that the changes are effective on the first day of the following month.
2. Family Support
To help you seamlessly carry out different family-building journeys that an individual goes through, Rivian supports you by providing different services that can benefit your cause.
You are entitled to these benefits irrespective of your status. Married, single, LGBTQIA2+, male, and female can avail of these benefits.
3. Legal And Identity Theft Protection
The company has partnered with reputed legal shields that help you prepare common legal documents and even provide representation for legal matters. It has taken the necessary steps to protect your legal rights.
Your identity is being protected from being stolen. The ID shield is aimed at securing your identity. You can enroll yourself and your family to get your identity monitored.
4. LGBTQIA2+ Benefits
Rivian provides you with different benefits. The care you need and the freedom to grow your family the way you want is covered by Rivian Employee Discount.
In addition, there is also a provision of support for parents and legal assistance that is of great help to the employees.
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5. Perks And Discounts
As a Rivian employee, you have access to discounts and special offers from some of the great companies. This will have many benefits for you. Here is the list of things you can save on.
1. Computers
2. Mobile Devices
3. Pet care
4. Home loan
5. Gym
6. Ergonomic office equipment
7. Nutritional supplements
8. Recreation Equipment
6. Travel Benefits
As a Rivian employee, you are entitled to several travel benefits, which can add up to your savings and benefit you. Here are some of the travel benefits that you are eligible for:
1. Medical travel reimbursement
2. Business travel accident insurance
3. Personal travel assistance
7. Tuition Assistance
The Rivian company allows you to receive tuition reimbursement for a course. However, to get this benefit, you should be employed as a full-time Rivian employee for at least 12 months.
In addition, you must be an active employee with a good track record at both the start and the completion of the course.
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What is the Rivian Friends and Family Discount?
This is one of the unique and distinctive offers that Rivian offers to the friends and family members of its employees. The discount is named as Friend and Family Discount. The discount offers substantial savings on a number of products like electric trucks with large battery packs.
Even though the offer is limited and comes with certain limitations, it offers a $6000 discount, thereby making it a great opportunity for those who want to win or lease these cutting-edge vehicles.
1. Discount Details of Rivian Friends and Family Discount
Not only the employees of Rivian, but even friends and family members of the company can avail of the different benefits and discounts offered by the company. Here are some:
1. Offer: The offer stands at $6,000 off a 2023 or 2024 R1T with a large battery pack.
2. Validity: The discount offer is available for both lease and purchase. You are allowed to choose with of the two.
3. Delivery Deadline: Must take delivery by September 30. Make sure you do away with all the required formalities before the due date.
2. How Does Rivian Friends and Family Discount Work?
Being a Rivian employee, you are allocated ten discount codes that you can share with your friends and family. In addition to the codes, you receive a $500 referral bonus for each order that is completed using your discount code. However, there are some essential requirements for a customer that they need to meet:
1. Per Order Requirement: Customers are supposed to place the order in advance for an R1T before contacting a Rivian employee for the discount. This is a pre-order requirement.
2. Employee Contact: as a Rivian employee who wants to share this offer or if you are a customer who wants to benefit from the discount, you have to reach out to Rivian Tracker which will connect you to Rivian employees who will help you save on your new R1T.
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What Are Rivian Employee Benefits?
There are several benefits that employees, their friends, and family members are eligible for the Rivian company. Here are some of the benefits enlisted.
1. Health
The Rivian provides the employees with a comprehensive wellness program which is designed to ensure the physical health benefits.
It also covers programs like mental health services, stress management, and nutrition education.
2. Well Being
Well-being does not mean only financial well-being. It is a combination of many factors that if excluded leads to certain problems which can create ripples in one’s life.
Taking into account the importance of the said thing, Rivian takes care of your physical well-being, mental and emotional well-being, and of course financial well-being. The policy is framed in such a way that there is an apt balance among all those things.
3. Financial Security and Growth
Before joining a company, one of the first things that you look for is financial security and professional growth.
Rivian takes care of both things by providing the employees with an employee stock purchase plan in which employees can invest in the company’s success and build wealth as well.
Another offer called 401(K) with employer match contributes to an employee’s retirement savings.
Even though retirement saving is a standard benefit, the employer match makes it even more valuable.
4. Time Away
Leave of absence and time away are the best things that an employee always wants. And the Rivian employees get this benefit under the benefits called Rivian Employee Discount.
It also offers remote work options and flexible schedules which significantly improve the job satisfaction and productivity of the employee.
Besides, the option of parental leave is a generous offer. This demonstrates a commitment to supporting employees as they start families.
5. Unique Perks
There are certain unique perks that are entitled to as Rivian employees. Here are some of them mentioned:
1. Electric Vehicle Perks: As an electric vehicle manufacturer, Rivian could offer employees special discounts or access to their vehicles.
2. Charging Infrastructure Access: Since the company focuses on electric vehicles. It provides employees with access to charging stations. This is one of the most valuable perks.
3. Company Culture and Events: Rivian fosters a strong company culture. It focuses on team-building activities.
Social events and employee recognition programs can significantly impact employee morale.
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Wrapping Up
So it has come to the fore that working with Rivian company comes with different discounts, offers, and perks. Not only the employee working there is eligible for these benefits, but even friends and family members can avail of these benefits.
The benefits offered by the company are extensive and of varied nature. From health to tuition assistance to travel reimbursement, there is a lot to offer. In this article I have at length explained the benefits and the perks offered under Rivian employee discount. You can refer to this article to know more in detail.
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