Abbvie Inc. · NYSE:ABBV
Abbvie — Investor Presentation (2024)
21 slides from Abbvie's investor presentation, 2024
Slide 1: U.S. Total Rewards
U.S. Total Rewards AbbVie Experience Program Coverage Employee only Find icons next to each program name to see Employee and insured family who can participate in the program. Employee and household 1
Slide 2: AbbVie's approach to compensation, benefits and well-being
TOTAL REWARDS AbbVie’s approach to compensation, benefits and well-being Compensation Benefits Well-Being Total Rewards • Base pay • Health care AbbVie Vitality is your Opportunity • Short-term incentives • Retirement plans partner in your well-being • Insurance programs to help you be your best • L
Slide 3: Resources to make Total Rewards easy to find, understand and use
TOTAL REWARDS Resources to make Total Rewards easy to find, understand and use. Employee and Employee and Employee only Employee only household household AbbVie Virtual Assistant Benefits Resources Total Rewards Contacts Your personalized HR and Your gateway for all HR Make the most out of your Get
Slide 4: Health Care
Health Care Benefit Eligibility All U.S. employees regularly scheduled to work at least 20 hours per week. • Most benefits start date of hire • Dependent children up to 26 (regardless of student status) • Spouse/ Domestic Partner (same sex/ opposite sex partners) If you are insuring someone else, yo
Slide 5: Choose what's right for your needs
Employee and HEALTH CARE insured family Choose what’s right for your needs Medical and Prescription Medical Plan Features Dental Plan One plan option ✓ Fertility treatment Three National Plans ✓ Gender affirming care HDHP HDHP1 ✓ Acupuncture w/ HSA 2 Offered through Blue Cross Vision Care Blue Shiel
Slide 6: AbbVie simplifies your benefits and health care experience through Transcarent
Employee and HEALTH CARE dependents AbbVie simplifies your benefits and health care experience through Transcarent. • Symptom checker to catch • Health Guide professionals • Screening reminders based on illness early and find care act as a member’s first point member’s age and risk factors of contac
Slide 7: Health Savings Account (HSA)
Employee and SPENDING AND SAVINGS ACCOUNTS household* Health Savings Account (HSA) *Qualified dependents only. If you elect the Basic HDHP or the HDHP with HSA, open and use your HSA for a Triple Tax Advantage: Other HSA features: • It’s always yours. This is true even if you change medical options,
Slide 8: Healthcare Flexible Spending Accounts (FSAs)
Employee and SPENDING AND SAVINGS ACCOUNTS household* Healthcare Flexible Spending Accounts (FSAs) *Qualified dependents only. What is a Healthcare FSA? Just like HSAs, Healthcare Flexible Spending Accounts (FSAs) can be used for If you enroll in an HSA and an FSA: qualifying healthcare expenses, ta
Slide 9: Retirement Income + Other Plans and Programs
Retirement Income + Other Plans and Programs Program Coverage Employee only Find icons next to each program name to see Employee and insured family who can participate in the program. Employee and household 2024 PLAN YEAR | 9
Slide 10: AbbVie Savings Plan Plus (ASP+) Highlights
Employee only RETIREMENT INCOME AbbVie Savings Plan Plus (ASP+) Highlights AbbVie Savings Plan Plus Points Annual company (ASP+) Age + Years of contribution Service (YOS) (% eligible earnings) Base/Overtime, plus: Eligible Earnings • Sales Incentive Plan Under 30 2% What income you can put into your
Slide 11: Holidays and Vacation
Employee only OTHER PLANS AND PROGRAMS Holidays and Vacation 2025 Date Recognized Holiday Service Years Vacation Time Wednesday, Jan. 1 New Year’s Day <1 year Prorated based on hire date Monday, Jan. 20 Martin Luther King, Jr. Day 1 – 4 years 3 weeks Friday, May 23 Memorial Day Holiday AT LEAST 5 –
Slide 12: Financial Security
Employee only OTHER PLANS AND PROGRAMS Financial Security New Parent Support Caregiver Leave Time off to care for a spouse, domestic partner, Parental Leave Maternity Leave1 Time for parents of Additional time for birthing child (of any age), parent or parent-in-law, all kinds parents grandparent, g
Slide 13: Supporting your diverse needs
Employee only OTHER PLANS AND PROGRAMS Supporting your diverse needs Additional Family Onsite childcare in Lake County | Caregiver finder services with discounts Supports After school and camp discounts | Milkstork, SimpliFed and the Abbott Product Shop Student Support Employee tuition assistance |
Slide 14: Global Well-Being Program
Global Well-Being Program Program Coverage Employee only Find icons next to each program name to see Employee and insured family who can participate in the program. Employee and household 2024 PLAN YEAR | 14
Slide 15: Unlock the 'why' of Well-Being
Employee only WELL-BEING Unlock the ‘why’ of Well-Being Programs and Resources Our market-leading year-round offerings are centered around four pillars to give you the energy and resilience to be your best self: Balanced Lives Inspired Futures I feel empowered about my AbbVie is your I am looking fo
Slide 16: AbbVie Vitality's Employee Assistance Program (EAP)
Employee and household WELL-BEING AbbVie Vitality’s Employee Assistance Program (EAP) Mental health and work- Get the mental health care you 10 in 2025! need, when you need it life support for all AbbVie Vitality is proud to offer you, your dependents and household members an Lyra offers in-the-mome
Slide 17: Resources and Next Steps
Resources and Next Steps Program Coverage Employee only Find icons next to each program name to see Employee and insured family who can participate in the program. Employee and household 2024 PLAN YEAR | 17
Slide 18: You must enroll in your first 30 days
RESOURCES AND NEXT STEPS You must enroll in your first 30 days Use your Benefits Checklist Simplify your benefits onboarding by using this digital document for your first 30 days. • How and when to enroll • Where to learn more • Who to contact with questions • Key programs and benefits What if I don
Slide 19: Important reminders and considerations
RESOURCES AND NEXT STEPS Important reminders and considerations ✓ Elect benefits within 30 days of date of hire. Coverage and costs are retroactive to your first day. ✓ Enroll in the AbbVie Savings Plan Plus (ASP+). If you do not, you will be auto-enrolled at 3% of your eligible pay. If you can, mee
Slide 20: Resources to make Total Rewards easy to find, understand and use
TOTAL REWARDS Resources to make Total Rewards easy to find, understand and use. Employee and Employee and Employee only Employee only household household AbbVie Virtual Assistant Benefits Resources Total Rewards Contacts Your personalized HR and Your gateway for all HR Make the most out of your Get
Slide 21: Make your 2024 elections within 30 days of your hire date
Make your 2024 elections within 30 days of your hire date. After enrolling in 2024 benefits, you will immediately enroll again for 2025. This is a summary of AbbVie health and welfare benefits and explains selected features of the AbbVie benefit plans but does n ot provide a full description of the