This report analyzes and compares ADVANTAGE OAKLAND's employee health insurance and employee benefits with its industry and in Michigan State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
ADVANTAGE OAKLAND has superior career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the ADVANTAGE OAKLAND. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ADVANTAGE OAKLAND believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. ADVANTAGE OAKLAND has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ADVANTAGE OAKLAND believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: ADVANTAGE OAKLAND offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: ADVANTAGE OAKLAND has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ADVANTAGE OAKLAND does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why ADVANTAGE OAKLAND offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, ADVANTAGE OAKLAND implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: ADVANTAGE OAKLAND has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at ADVANTAGE OAKLAND.
Benefit | ADVANTAGE OAKLAND | Industry | Michigan |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
ADVANTAGE OAKLAND offers remarkable health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy ADVANTAGE OAKLAND's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ADVANTAGE OAKLAND has an excellent counseling program for its employees and their family members. Team members are encouraged by ADVANTAGE OAKLAND to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at ADVANTAGE OAKLAND have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. ADVANTAGE OAKLAND partially pays for dentures and braces as well.
- HEALTH INSURANCE: ADVANTAGE OAKLAND provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: ADVANTAGE OAKLAND is aware of the fact that a healthy employee is a productive employee so it offers extraordinary health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, ADVANTAGE OAKLAND offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: ADVANTAGE OAKLAND has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: ADVANTAGE OAKLAND does not offer telehealth.
- VISION PLAN: ADVANTAGE OAKLAND offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ADVANTAGE OAKLAND | Industry | Michigan |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
ADVANTAGE OAKLAND offers superb financial benefits for employees and their family members. A superb 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: ADVANTAGE OAKLAND has a remarkable 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. ADVANTAGE OAKLAND provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a remarkable ADVANTAGE OAKLAND has Matching program that matches 75% of employees' contributions. Whatever ADVANTAGE OAKLAND contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave ADVANTAGE OAKLAND. Recognizing that every team member is unique, with specific needs and goals, ADVANTAGE OAKLAND keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: ADVANTAGE OAKLAND has an impressive Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: ADVANTAGE OAKLAND offers superb bonuses to team members who excel in their field of work, provide extraordinary results for ADVANTAGE OAKLAND, and encourage others to do the same.
- CHILDCARE DISCOUNT: ADVANTAGE OAKLAND offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: ADVANTAGE OAKLAND has a good commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ADVANTAGE OAKLAND offers an impressive daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: ADVANTAGE OAKLAND offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: ADVANTAGE OAKLAND offers a suitable life insurance policy to its team members for an affordable price. ADVANTAGE OAKLAND participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: ADVANTAGE OAKLAND has an excellent vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: ADVANTAGE OAKLAND does not offer paid volunteer time off.
- PARENTAL LEAVE: ADVANTAGE OAKLAND has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ADVANTAGE OAKLAND | Industry | Michigan |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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