This report analyzes and compares ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY's employee health insurance and employee benefits with its industry and in Arkansas 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
ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has superb 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 ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY is aware of the difficulties that new employees might experience when they join the team. That's why ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a top-notch Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY does not offer tuition reimbursement.
Benefit | ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY | Industry | Arkansas |
|---|---|---|---|
| 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
ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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 ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY offers its team members top-notch health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a superior healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY provides a superior Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY | Industry | Arkansas |
|---|---|---|---|
| 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
ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has an exceptional bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a suitable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY offers a superior 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a superb 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY 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: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY, on volunteer work of their choice.
- PARENTAL LEAVE: ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY | Industry | Arkansas |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared ARKANSAS SCIENCE & TECHNOLOGY AUTHORITY's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.