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Employee Benefits

At Calpine, our comprehensive total rewards package goes far beyond a paycheck. It includes benefits designed to help you balance work with life, manage your health, protect your income, help prepare for your retirement and much more. For employees who go above and beyond, Calpine offers awards and recognition for exceptional job performance.  In addition to competitive salaries, Calpine provides a flexible paid time off (PTO) program, commuter expense reimbursement and bonuses for referring highly qualified new employees. 

Paid Parental Leave

Calpine offers eligible employees with two or more years of service up to 12 weeks paid time off to bond with a newborn or newly adopted child aged 5 years old or younger.  

Health

Calpine’s health programs for employees and their eligible dependents include a choice of comprehensive health plans, prescription drug coverage, dental and vision plans, and flexible spending accounts for health and dependent care expenses. And through Calpine’s wellness program, you can earn monetary incentives for completing healthy activities.

Retirement and Savings

Calpine matches tax-deferred employee 401(k) contributions up to 5 percent of salary* to help employees prepare for financially secure retirement.

*Eligible earnings as defined under the Company 401(k) plan(s)

Life and Income Replacement Coverage

Calpine pays the cost of basic life insurance for employees, their spouses and their dependents as well as the cost of short-term and long-term disability and accidental death and dismemberment (AD&D) coverage for employees. Higher levels of voluntary life and AD&D coverage are also available for employees to purchase.

Awards and Recognition

Outstanding results and exemplary performance are recognized through several award programs, including quarterly Stellar Awards, the annual Ron Appleton Memorial Safety Award and the company’s highest employee honor, the Jack A. Fusco ASPIRE Award.

Training and Education

Financial assistance is available for employees who choose to further their educations through Calpine’s tuition reimbursement program and for qualifying dependents through a competitive scholarship and vocational grant program. Click here to learn more about training and development opportunities.