Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. It is headquartered in the Central Business District of New Orleans, Louisiana.
The company was founded as Middle South Utilities in 1949 to acquire several companies in the South Central United States that had previously been owned by General Electric. It changed its name to Entergy in 1989, and merged with Gulf States Utilities, based in Beaumont, Texas, in 1993. After Hurricane Katrina hit that city, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including Clinton, Mississippi, Little Rock, Arkansas, and The Woodlands, Texas. In April 2006 the company began moving back into its New Orleans headquarters.[3] Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1922.
At Entergy, we live and work by a system of shared values intended to guide our interactions with our customers, investors, employees, contractors, and vendors. These values are:
Create and Sustain a Safe Work Environment
Possess a Winning Spirit
Focus on Our Customers
Grow the Business
Be Active Team Players
Treat People with Respect
Aggressively Look for Better Ways
Take Actions to Achieve Results
Above All, Act with Integrity.
Our values are very simple. We believe there is only one way to do business: with fairness, honesty, and integrity. These values have helped us earn a worldwide reputation as a responsible and respected corporate citizen.
That reputation has been earned through the actions of thousands of employees every day. But, as is the case with any reputation, it's one that can be tarnished by a single isolated incident. As industrialist Peter Scotese once said, "Integrity is not a 90 percent thing, not a 95 percent thing; either you have it or you don't." At Entergy, as a company and as individuals, we must have integrity if we are to be successful as a business and as human beings.
As part of this value system and to help us achieve this goal of 100 percent integrity, we created Entergy's "Code of Entegrity." We expect every Entergy employee to know and follow the Code, which outlines all of the company's policies and ethical standards.
To ensure that our standards are upheld, we've contracted with an outside company to create a toll-free Ethics Line, 1-888-257-ETHIC (1-888-257-3844) . This provides employees, customers, investors, contractors, and vendors with an anonymous way to report violations of the Code of Entegrity, company policies, or any other laws and regulations. A single call made in good faith could prevent a harmful or dangerous situation from developing.
Further evidence of our commitment to Ethics is our recent support of the Sullivan Global Principles, as well as our commitment to diversity. In 2001 Entergy was named a recipient of the American Business Ethics Award by the New Orleans chapter of the Society of Financial Service Professionals. The honor is given to companies that exemplify high standards of ethical behavior in daily business activities and responsiveness to specific crises or challenges.
If you notice any activity that is not in compliance with company values, policies, or violates our Code of Entegrity, we ask you to report these activities. Our reputation, and our future, depends on it.
You must manage and protect records in accordance with the Company’s Records Management and Retention policy and applicable law. As described in the Policy, a record may not be kept longer than its assigned retention period unless the record is on hold as the result of pending or anticipated litigation. All records pertaining to pending or anticipated litigation, governmental audit or investigation must be preserved. You must contact the Legal Services Department immediately if you learn that litigation or any government investigation is threatened or started against Entergy.
Eligibility
Employees are eligible for benefits with the company on the first day of the month following or concurrent with their hire date. Our benefits programs are intended to meet your needs regardless of where you call home.
Health and Family Care
Medical
Dental
Vision
Flexible spending accounts
Employee assistance program
Life insurance
Disability insurance
Accidental death and dismemberment insurance
Business travel accident and health insurance
Wellness programs
Financial
401(k)
Employee stock purchase plan
Educational assistance
Employee referral bonus
Service awards
Time Off
15 to 25 paid days to use toward vacation or sickness
Personal floating holidays
Paid holidays
Benefit Description Employee Contributions Eligibility/Vesting
INCENTIVE PLANS �� Opportunity to earn
amounts above your base
pay for achieving
performance goals.
�� Provided by Entergy �� Regular employees hired before
October 1 are eligible for
participation in that plan year.
SAVINGS PLAN
INCLUDING 401(K)
�� Pre-tax, after-tax, catch-up
or combination
contributions. Investment
fund options with T. Rowe
Price funds, Entergy stock or
self-directed mutual fund
brokerage account.
�� Employee: Up to 30% pre- or
post-tax contribution.
�� Employer: 70% matching
contribution limited to 6% of
pay.
�� Immediate eligibility.
�� Immediate vesting in company
match.
�� Plan accepts roll-overs from
another employer qualified plan.
�� Catch-up contributions allowed if
age 50 or over.
RETIREMENT PLAN �� 1.5% x years of benefit
service (max of 40 years) x
eligible Final Average Pay.
Early retirement available at
age 55 with 10 years of
service.
�� Provided by Entergy �� Benefit Service: Date of
employment or age 21, whichever
is later.
�� Vesting Service: Date of
employment or age 18, whichever
is later. Vested at 5 years of
service.
MEDICAL PLAN �� Several medical plan options
are available with different
levels of deductible, coinsurance,
and co-payment
amounts. All options
include mental health
benefits, pharmacy benefits,
and wellness benefits,
including coverage for samesex
domestic partners.
�� Cost-sharing with Entergy �� Date of employment
DENTAL PLAN �� A dental plan with 100%
preventive care, $1,500
annual per person
maximum, and $1,500
orthodontic maximum.
�� Cost-sharing with Entergy �� Date of employment
VISION PLAN �� Annual eye exam, glasses,
and contact lenses for a copay
when using a network
provider.
�� Cost-sharing with Entergy �� Date of employment
LIFE INSURANCE �� Choice of five life insurance
options, from one- to fourtimes
annual base pay.
�� Entergy pays for one times
annual base pay. Additional
coverage available with pretax
dollars.
�� Date of employment
ACCIDENTAL DEATH
AND DISMEMBERMENT
INSURANCE
�� Choice of five AD&D
insurance options, from oneto
four-times annual base
pay.
�� Entergy pays for one times
annual base pay. Additional
coverage available with pretax
dollars.
�� Date of employment
The company was founded as Middle South Utilities in 1949 to acquire several companies in the South Central United States that had previously been owned by General Electric. It changed its name to Entergy in 1989, and merged with Gulf States Utilities, based in Beaumont, Texas, in 1993. After Hurricane Katrina hit that city, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including Clinton, Mississippi, Little Rock, Arkansas, and The Woodlands, Texas. In April 2006 the company began moving back into its New Orleans headquarters.[3] Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1922.
At Entergy, we live and work by a system of shared values intended to guide our interactions with our customers, investors, employees, contractors, and vendors. These values are:
Create and Sustain a Safe Work Environment
Possess a Winning Spirit
Focus on Our Customers
Grow the Business
Be Active Team Players
Treat People with Respect
Aggressively Look for Better Ways
Take Actions to Achieve Results
Above All, Act with Integrity.
Our values are very simple. We believe there is only one way to do business: with fairness, honesty, and integrity. These values have helped us earn a worldwide reputation as a responsible and respected corporate citizen.
That reputation has been earned through the actions of thousands of employees every day. But, as is the case with any reputation, it's one that can be tarnished by a single isolated incident. As industrialist Peter Scotese once said, "Integrity is not a 90 percent thing, not a 95 percent thing; either you have it or you don't." At Entergy, as a company and as individuals, we must have integrity if we are to be successful as a business and as human beings.
As part of this value system and to help us achieve this goal of 100 percent integrity, we created Entergy's "Code of Entegrity." We expect every Entergy employee to know and follow the Code, which outlines all of the company's policies and ethical standards.
To ensure that our standards are upheld, we've contracted with an outside company to create a toll-free Ethics Line, 1-888-257-ETHIC (1-888-257-3844) . This provides employees, customers, investors, contractors, and vendors with an anonymous way to report violations of the Code of Entegrity, company policies, or any other laws and regulations. A single call made in good faith could prevent a harmful or dangerous situation from developing.
Further evidence of our commitment to Ethics is our recent support of the Sullivan Global Principles, as well as our commitment to diversity. In 2001 Entergy was named a recipient of the American Business Ethics Award by the New Orleans chapter of the Society of Financial Service Professionals. The honor is given to companies that exemplify high standards of ethical behavior in daily business activities and responsiveness to specific crises or challenges.
If you notice any activity that is not in compliance with company values, policies, or violates our Code of Entegrity, we ask you to report these activities. Our reputation, and our future, depends on it.
You must manage and protect records in accordance with the Company’s Records Management and Retention policy and applicable law. As described in the Policy, a record may not be kept longer than its assigned retention period unless the record is on hold as the result of pending or anticipated litigation. All records pertaining to pending or anticipated litigation, governmental audit or investigation must be preserved. You must contact the Legal Services Department immediately if you learn that litigation or any government investigation is threatened or started against Entergy.
Eligibility
Employees are eligible for benefits with the company on the first day of the month following or concurrent with their hire date. Our benefits programs are intended to meet your needs regardless of where you call home.
Health and Family Care
Medical
Dental
Vision
Flexible spending accounts
Employee assistance program
Life insurance
Disability insurance
Accidental death and dismemberment insurance
Business travel accident and health insurance
Wellness programs
Financial
401(k)
Employee stock purchase plan
Educational assistance
Employee referral bonus
Service awards
Time Off
15 to 25 paid days to use toward vacation or sickness
Personal floating holidays
Paid holidays
Benefit Description Employee Contributions Eligibility/Vesting
INCENTIVE PLANS �� Opportunity to earn
amounts above your base
pay for achieving
performance goals.
�� Provided by Entergy �� Regular employees hired before
October 1 are eligible for
participation in that plan year.
SAVINGS PLAN
INCLUDING 401(K)
�� Pre-tax, after-tax, catch-up
or combination
contributions. Investment
fund options with T. Rowe
Price funds, Entergy stock or
self-directed mutual fund
brokerage account.
�� Employee: Up to 30% pre- or
post-tax contribution.
�� Employer: 70% matching
contribution limited to 6% of
pay.
�� Immediate eligibility.
�� Immediate vesting in company
match.
�� Plan accepts roll-overs from
another employer qualified plan.
�� Catch-up contributions allowed if
age 50 or over.
RETIREMENT PLAN �� 1.5% x years of benefit
service (max of 40 years) x
eligible Final Average Pay.
Early retirement available at
age 55 with 10 years of
service.
�� Provided by Entergy �� Benefit Service: Date of
employment or age 21, whichever
is later.
�� Vesting Service: Date of
employment or age 18, whichever
is later. Vested at 5 years of
service.
MEDICAL PLAN �� Several medical plan options
are available with different
levels of deductible, coinsurance,
and co-payment
amounts. All options
include mental health
benefits, pharmacy benefits,
and wellness benefits,
including coverage for samesex
domestic partners.
�� Cost-sharing with Entergy �� Date of employment
DENTAL PLAN �� A dental plan with 100%
preventive care, $1,500
annual per person
maximum, and $1,500
orthodontic maximum.
�� Cost-sharing with Entergy �� Date of employment
VISION PLAN �� Annual eye exam, glasses,
and contact lenses for a copay
when using a network
provider.
�� Cost-sharing with Entergy �� Date of employment
LIFE INSURANCE �� Choice of five life insurance
options, from one- to fourtimes
annual base pay.
�� Entergy pays for one times
annual base pay. Additional
coverage available with pretax
dollars.
�� Date of employment
ACCIDENTAL DEATH
AND DISMEMBERMENT
INSURANCE
�� Choice of five AD&D
insurance options, from oneto
four-times annual base
pay.
�� Entergy pays for one times
annual base pay. Additional
coverage available with pretax
dollars.
�� Date of employment
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