This report analyzes and compares APPLIED RESEARCH LABS' employee health insurance and employee benefits with its industry and in Texas 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
APPLIED RESEARCH LABS offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. APPLIED RESEARCH LABS believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: APPLIED RESEARCH LABS believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. APPLIED RESEARCH LABS has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: APPLIED RESEARCH LABS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: APPLIED RESEARCH LABS offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: APPLIED RESEARCH LABS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: APPLIED RESEARCH LABS believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that APPLIED RESEARCH LABS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: APPLIED RESEARCH LABS does not offer onboarding.
- RECOGNITION PROGRAMS: APPLIED RESEARCH LABS knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to APPLIED RESEARCH LABS.
- TUITION REIMBURSEMENT: APPLIED RESEARCH LABS does not offer tuition reimbursement.
Benefit | APPLIED RESEARCH LABS | Industry | Texas |
|---|---|---|---|
| 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
APPLIED RESEARCH LABS 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 APPLIED RESEARCH LABS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: APPLIED RESEARCH LABS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why APPLIED RESEARCH LABS implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: APPLIED RESEARCH LABS cares about its team members' dental health so it offers an outstanding dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: APPLIED RESEARCH LABS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: APPLIED RESEARCH LABS is aware of the fact that a healthy employee is a productive employee so it offers excellent 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, APPLIED RESEARCH LABS offers a valuable 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: Aware of the challenges that come with pregnancy, APPLIED RESEARCH LABS has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: APPLIED RESEARCH LABS has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. APPLIED RESEARCH LABS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: APPLIED RESEARCH LABS has an exceptional Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | APPLIED RESEARCH LABS | Industry | Texas |
|---|---|---|---|
| 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
APPLIED RESEARCH LABS offers first-class financial benefits for employees and their family members. A first-class 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: APPLIED RESEARCH LABS has a superb 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. APPLIED RESEARCH LABS 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 superb APPLIED RESEARCH LABS has Matching program that matches 75% of employees' contributions. Whatever APPLIED RESEARCH LABS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave APPLIED RESEARCH LABS. Recognizing that every team member is unique, with specific needs and goals, APPLIED RESEARCH LABS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: APPLIED RESEARCH LABS has an outstanding 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: APPLIED RESEARCH LABS has a valuable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: APPLIED RESEARCH LABS offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: APPLIED RESEARCH LABS offers outstanding commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: APPLIED RESEARCH LABS offers a remarkable daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: APPLIED RESEARCH LABS has a valuable disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: APPLIED RESEARCH LABS has a superior life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: APPLIED RESEARCH LABS wants for its team members to lead a happy and fulfilled life so it has a good vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: APPLIED RESEARCH LABS recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by APPLIED RESEARCH LABS, on volunteer work of their choice.
- PARENTAL LEAVE: APPLIED RESEARCH LABS has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | APPLIED RESEARCH LABS | Industry | Texas |
|---|---|---|---|
| 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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