Elsevier reviews

Thank you for this review. Many of the changes in benefits we are implementing for 2020 have been in response to an employee survey earlier this year, as well as our efforts to harmonize policies between our different business units and to offer new programs we are seeing in the marketplace. We are hearing from our employees that they would like improved medical plans and flexibility in their time out of the office and we are making changes in our overall benefits package to allow for this, including improved family benefits for parental, elder care and paid FMLA leave. We encourage you to reach out to your Empower Retirement to understand your individual situation as the 401(k) matching contribution formula is based on years of service. It seems like what you have written may not be reflective of the new plan based on your years of service. We would like to clarify that employees are not losing vacation days. One of our business units is converting to the PTO policy that our other business units offer, which allows employees flexibility in how they use their time out of the office. In the conversion, employees will keep their number of vacation days. Sick and personal days have been adjusted and are now added to the amount of vacation days and the total number of days be available as PTO. Additionally, the company will now allow for carry over days for all employees to allow increased flexibility. For anniversary awards, we are harmonizing the system for all employees. We realize that this change does impact the award amounts for longer service employees, there will now be opportunities for spot awards throughout the year. Again, thank you very much for the review.