Pitney Bowes is a global technology company offering innovative products and solutions that enable commerce in the areas of customer information management, location intelligence, customer engagement, shipping and mailing, and global ecommerce. More than 1.5 million clients in approximately 100 countries around the world rely on products, solutions and services from Pitney Bowes.
Pitney Bowes makes a variety of products for businesses including accounting and addressing systems, mailing systems, postage meters, scales, sorters, inserters, integrated Web technologies, and productivity software.
In 2014, Pitney Bowes reported revenues of $3.82 billion, an increase of 1 percent, and net income of $333.7 million.
The company was founded in 1920 by Arthur Pitney and Walter Bowes. The new company opened for business with a seemingly simple, yet significant invention - the world's first U.S. Postal Department-approved postage meter. This would allow businesses to mail letters without having to affix stamps for every envelope.
Pitney Bowes would continually optimize the meter to make mailing faster, easier, more cost-effective and safer, providing both small- and large-sized business customers all over the world with highly advanced mailing systems that offer postal discounts as well as the ability to track and trace, practically eliminating the need for a trip to the post office.
In addition to base pay, Pitney Bowes offers employee recognition awards, bonuses and stock options.
Health and Wellness Programs
Our employee's health is important to us.
We recognize that employees have different needs at different
times in their lives and so offer choice and flexibility when
it comes to medical and dental coverage. Employees typically
have four to seven medical plans to choose from, depending on
where they live.
The Pitney Bowes 401(k) Plan allows employees to save on a before- and after-tax basis to build a diverse portfolio tailored to their personal financial goals. After a year of service, the company contributes 2% of pay annually to the plan on their behalf whether they participate or not. In addition, employees who contribute to the plan are eligible for a company match that varies by business unit.
Disability and Life Insurance
We believe employees and their families should be protected from unexpected life events such as disability or death. The company fully funds short-term and long-term disability coverage as well as travel accident insurance, supplemental worker's compensation insurance and life insurance. Employees also have the option to buy additional long-term disability and life insurance coverage to cover their particular needs.
Pitney Bowes offers several other programs
that allows employees to pay for some of life's necessities on
a pre-tax basis:
We know that our employees have priorities outside of work and believe that they should have the flexibility to meet their personal needs. Most employees have two to five weeks of vacation, depending on years of service, as well as 12 paid holidays a year. (Hourly employees of Pitney Bowes Management Services accrue time for planned and unplanned absences through the Choice Time program.) Pitney Bowes also makes every effort to accommodate flexible work arrangements such as part-time schedules, telecommuting and compressed workweeks.
Learning and Development
We also encourage professional development by providing employees with the tools to grow professionally and advance in their careers. We provide employees with access to a myriad of web-based and instructor led courses through the PB Learning Center. We also sponsor a generous tuition reimbursement program so that employees may pursue advanced degrees (college and graduate degrees) from accredited institutions.
Updated February 4, 2015