Compensation

As a Fortune 100 company with international presence, Alcoa offers its employees many opportunities for personal and professional development. Our benefits plan is just one part of our commitment to providing the highest quality of life for our employees and their families through our total compensation package. Just as we are known globally for "Supplying the World's Best," we want to be known as an employer that is sought out by the "world's best."

  • Competitive salary and performance pay program
  • Comprehensive benefits adds another 40ยข/dollar earned
 
Fixed Compensation Competitive salaries in comparison to other leading companies on a national marketplace basis.
 
Performance Pay To reward and compensate employees for their involvement and organizational performance results.
 
Savings Plan You are eligible your first day on the job. You may contribute from 1 to 12 percent of your pay toward our savings plan on a pre-tax basis. Alcoa also offers you the opportunity for additional savings on an after-tax basis. To help your savings grow even faster, Alcoa matches dollar for dollar on the first 6 percent of your pre-tax contributions. Choose from 13 investment funds and have the option of changing your investment mix at any time.
 
Stock Ownership As an Alcoa employee, you have the opportunity to buy shares of Alcoa common stock through voluntary payroll deductions avoiding commissions and other fees.
 
Tuition Assistance Program Alcoa will pay 100 percent of tuition and registration fees for all approved college or university courses as long as you satisfactorily complete the course.
 
Health Care Alcoa offers a medical care plan through our managed care network that covers nearly every aspect of your health care needs. Three plan options are available, and you decide which deductible, co-payment and out-of-pocket, maximum choice fits your needs.
 
Prescription Drugs Whether you choose to get your prescriptions filled through a convenient retail pharmacy in the managed care network or use Alcoa's mail-order program, your out-of-pocket costs will be relatively small.
 
Behavioral Health Care Alcoa provides benefits when you or your dependents require treatment for drug or alcohol abuse or other psychiatric or mental health conditions. Both outpatient and inpatient benefits are available from our behavioral health care network.
 
Dental Care Alcoa helps cover the costs of preventive and corrective dental work for you and your eligible family members. Generally, the plan pays from 50 to 100 percent of any dental provider's reasonable and customary charges, up to $1,000 a year, with no deductible.
 
Disability Benefits If you become disabled, Alcoa provides short-term and long-term disability benefits at no cost to you based on your service and base salary.
 
Life Insurance Basic life insurance and accidental death and dismemberment insurance is provided at no cost to you. You may purchase additional optional life coverage for yourself and your family.
 
Vacation Salaried employees are eligible for vacation based on the following:
 
Continuous ServiceVacation
6 months to a year1 week
1 - 3 years2 weeks
3 - 153 weeks
15 - 254 weeks
25 or more5 weeks

Adoption Assistance Program If you are adopting a child, this program provides up to $1,000 toward costs such as agency fees and maternity expenses.