Borgwarner Inc. · NYSE:BWA
Borgwarner — Investor Presentation (May 2024)
6 slides from Borgwarner's investor presentation, May 2024
Slide 1: Take the Wheel: BorgWarner Supporting Families
Take the Wheel: BorgWarner Supporting Families Michelle DuFour Director Global Benefits World Headquarters
Slide 2: Paid Parental Leave
Paid Parental Leave ▪ Designed to support parents ▪ Up to 20 days (used in whole by taking time needed to bond work week increments) within with a child a birth, adoption, 12 months following event or permanent guardianship ▪ Benefits (and deductions) ▪ Eligible after 6 months of continue during lea
Slide 3: Paid Parental Leave: Common Leave Scenarios
Paid Parental Leave: Common Leave Scenarios Birth mother has baby and chooses to extend pay after STD expires and in FML 12 week window BIRTH Weeks 2 3 4 5 6 7 8 9 10 11 12 13 1 $ Short Term Disability Paid to Birth Mom $ Parental Leave to Birth Mom Parental Leave To Work Return exhausted FMLA – Mom
Slide 4: Infertility Treatment
Infertility Treatment Improved Infertility Benefit Coverage ▪ Adding: ▪ IVF (In Vitro Fertilization) ▪ GIFT (Gamete Intrafallopian Transfer) ▪ ZIFT (Zygote Intrafallopian Transfer) ▪ AI (Artificial Insemination) ▪ $5,000 lifetime maximum ▪ Note: ▪ The treatments listed above, and injectable infertil
Slide 5: Adoption Assistance
Adoption Assistance ▪ Partial reimbursement toward ▪ Up to $5,000 per finalized costs of assuming parental adoption, lifetime $10,000 responsibility for a child. ▪ Submission deadline 90 days ▪ Employed at least 6 months prior after date of adoption to the time adoption finalized ▪ Expenses consiste
Slide 6: Enhanced Bereavement Benefits
Enhanced Bereavement Benefits ▪ Time off following the death of Spouse a close relative or family Immediate Children (Step or Foster) member Family: Up to ▪ Paid days are at 100% of 14 Days base salary and may be taken Parents consecutively or intermittently Extended In-Laws (Mother/Father), Brother