Ericsson
Ericsson Compensation & Benefits
Frequently Asked Questions
Ericsson offers a comprehensive, globally structured benefits package designed to support employees across different countries, roles, and life stages. From healthcare and wellbeing support to retirement planning, parental leave, and flexible ways of working, the focus is on helping people feel supported both inside and outside of work. Learning and development opportunities are also built in, giving employees the time, tools, and access to keep growing their skills and future-proof their careers.
Employees describe the benefits experience as supportive, accessible, and relevant to real life. They highlight how flexibility helps make work more sustainable, how wellbeing resources support both mental and physical health, and how benefits evolve alongside different life stages, from early career to parenting and long-term planning. The overall experience is designed to reduce day-to-day stress while giving people the confidence that they are supported in moments that matter.
What differentiates Ericsson is the balance between structure and trust. Benefits are globally consistent in intent but locally tailored in delivery, ensuring they remain meaningful and usable across markets. This is combined with a culture of autonomy, where employees are trusted to make the most of the support available in a way that works for them.
Leadership continues to strengthen the offering by actively listening to employee feedback and using it to shape and refine benefits over time. Ongoing review, clear communication, and a focus on what employees value most help ensure that perks and benefits remain relevant, competitive, and aligned to how people want to live and work.
Ericsson Employee Reviews
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What People Are Saying About Ericsson
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Retirement Support: Retirement contributions in the U.S. combine an automatic employer contribution with matching. The structure is characterized as above average in current materials.
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Leave & Time Off Breadth: New U.S. hires typically receive a sizable mix of vacation, personal, holiday, sick, and volunteer time. The offering indicates a well‑rounded approach to time off from day one.
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Healthcare Strength: Multiple medical plan choices, including options with company HSA funding, pair with mental health resources such as EAP and Talkspace. A formal health, safety, and wellbeing program underpins these benefits.
Ericsson's Benefits
Offers employee stock purchase plan
Offers performance bonuses
Provides relocation assistance
Offers generous parental leave
Offers dental insurance
Offers health insurance
Offers mental health benefits
Offers vision insurance
Offers 401(K)
Offers life insurance
Provides a pension