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American Electric Power (AEP.com)
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The Brightest BenefitsPay and benefits
AEP offers a total rewards package that consists of competitive base pay—with salary ranges listed in our job postings—plus the ability to earn annual incentive awards, based on your and the company’s performance.

Our benefits for full-time employees include:

  • Paid Holidays, Personal Days and Vacation Days—allowing you to take time off with family and friends, when you want and need it.
  • Sick Pay, Long-Term Disability and Long-Term Care Programs—to provide you with income when you are not able to work.
  • A 401(k) Retirement Savings Plan—including a 75-cent company match for every dollar you contribute to the plan, up to 6% of your eligible pay.
  • A “Cash Balance” Retirement Plan—featuring annual company contributions and interest payments and full vesting after five years, enabling you to take your balance with you when you leave AEP, no matter what your age.
  • Comprehensive and Affordable Medical Plan Choices—with coverage available on your first day of employment. Choices include a consumer-driven health plan with a company-provide Health Reimbursement Account (HRA), a high-deductible plan with a Health Savings Account (HSA) option and a traditional health care plan.
  • Employee Assistance Plan—providing confidential counseling and referral services 24 hours a day, 365 days a year, with up to six free visits per issue, as clinically necessary.
  • Comprehensive Dental Plan—covering 100% of your preventive care expenses (subject to frequency limits), and a percentage of most other expenses after you meet an annual deductible.
  • Comprehensive Vision Care—plus vision discounts with most health care plan options.
  • Alternative Family Benefits—offering medical, dental and vision coverage to same-sex domestic partners and their eligible dependents.
  • Free Employee Life Insurance—at two times your annual base salary, plus the ability to purchase an additional six times your base pay (up to certain limits), plus affordable life insurance for your spouse and children.
  • Free Accidental Death and Dismemberment Insurance—at two times your base pay, with the ability to purchase 10 times your base pay at group costs.
  • Flexible Spending Accounts—giving you the ability to contribute to special accounts on a pretax basis to cover eligible out-of-pocket health care and dependent child care expenses.
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