2024 Carter’s, Inc. All rights reserved.
people
Benefits & Well-being17
We recognize that our employees have many responsibilities outside of their roles at Carter’s. To support our employees’ well-being inside and outside of work, we provide access to a comprehensive range of benefits for all stages of life.
Beyond the standard offerings such as medical, dental, and vision benefits, Carter’s employees have access to unique benefit options
that put them and their families first:
- Advance You™: A tuition-free program that helps full- and part-time employees earn their bachelor’s degree, high school diploma, or learn English as a second language.
- Mental Health Support: Through both our Employee Assistance Program (EAP) and the Headspace Care App, employees have access to on-demand mental health support services.
- Backup Dependent Care: Quality backup care is available at discounted rates for child, adult, or elder care when breakdowns in care occur. Offerings include both center-based and in-home care.
- Maven: Provides personalized support to expectant moms and dads through a tech-driven platform with on-demand, 24/7 access to doctors, therapists, lactation consultants, nutritionists, and more. Also included is access to Maven Fertility, which offers guidance on fertility treatment options and provides adoption and surrogacy support, and Maven Menopause, which supports women going through menopause.
- Foster Care Leave18: Eligible employees receive up to 10 days of paid time off when they have a foster child placed with them.
- Surrogacy and Adoption18: Employees welcoming a child via adoption or surrogate may be eligible for reimbursement of qualified expenses up to $20,000.
- Company 529 Contribution18: Eligible employees receive a $500 Company contribution to their child’s Path2College 529 Savings Plan.
401(k) Matching
401(k) Matching
Eligible U.S. employees are auto-enrolled in our retirement plan, which includes the potential for an above-market annual discretionary match. Over 90% of eligible employees are taking advantage of our retirement plan. For 2023, Carter’s provided eligible employees a 100% match up to 4% of their eligible 401(k) compensation. For 9 out of the last 14 years, our Company match was well above benchmark.
Eligible U.S. employees are auto-enrolled in our retirement plan, which includes the potential for an above-market annual discretionary match. Over 90% of eligible employees are taking advantage of our retirement plan. For 2023, Carter’s provided eligible employees a 100% match up to 4% of their eligible 401(k) compensation. For 9 out of the last 14 years, our Company match was well above benchmark.
I can barely contain my excitement and joy as I finally complete my college degree. This achievement means the world to me, and I can’t help but feel a sense of pride and accomplishment. It’s been a long journey, but I’ve never been more thrilled to hold that degree in my hands!”
Michael Nadeau, Advance You Participant
Store Manager at our Oklahoma City, OK Carter’s Store
17 Benefits vary by country. Benefits described here are specific to the U.S. Outside U.S. benefits may vary.
18 Eligibility rules, including one year of service with Carter’s at time of event, apply for most of these benefits.
