This report analyzes and compares BAKER TILLY VIRCHOW KRAUSE's employee health insurance and employee benefits with its industry and in Illinois 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
BAKER TILLY VIRCHOW KRAUSE 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 BAKER TILLY VIRCHOW KRAUSE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BAKER TILLY VIRCHOW KRAUSE believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. BAKER TILLY VIRCHOW KRAUSE has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BAKER TILLY VIRCHOW KRAUSE does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: BAKER TILLY VIRCHOW KRAUSE encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, BAKER TILLY VIRCHOW KRAUSE 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: BAKER TILLY VIRCHOW KRAUSE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: BAKER TILLY VIRCHOW KRAUSE offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by BAKER TILLY VIRCHOW KRAUSE to grow as leaders and learn how to make tough calls.
- ONBOARDING: BAKER TILLY VIRCHOW KRAUSE offers a remarkable Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: BAKER TILLY VIRCHOW KRAUSE 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 BAKER TILLY VIRCHOW KRAUSE.
- TUITION REIMBURSEMENT: BAKER TILLY VIRCHOW KRAUSE realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | BAKER TILLY VIRCHOW KRAUSE | Industry | Illinois |
|---|---|---|---|
| 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
BAKER TILLY VIRCHOW KRAUSE offers first-class 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 BAKER TILLY VIRCHOW KRAUSE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BAKER TILLY VIRCHOW KRAUSE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why BAKER TILLY VIRCHOW KRAUSE 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: BAKER TILLY VIRCHOW KRAUSE offers a great dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: BAKER TILLY VIRCHOW KRAUSE offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, BAKER TILLY VIRCHOW KRAUSE offers great health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: BAKER TILLY VIRCHOW KRAUSE offers an excellent healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, BAKER TILLY VIRCHOW KRAUSE has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: BAKER TILLY VIRCHOW KRAUSE has implemented a superb telehealth policy for its members to use any time of the day, every single day. BAKER TILLY VIRCHOW KRAUSE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BAKER TILLY VIRCHOW KRAUSE 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 | BAKER TILLY VIRCHOW KRAUSE | Industry | Illinois |
|---|---|---|---|
| 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
BAKER TILLY VIRCHOW KRAUSE offers top-notch financial benefits for employees and their family members. A top-notch 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: BAKER TILLY VIRCHOW KRAUSE knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and BAKER TILLY VIRCHOW KRAUSE will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, BAKER TILLY VIRCHOW KRAUSE provides resources which will help team members decide what to do with their 401(k) plan. BAKER TILLY VIRCHOW KRAUSE offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: BAKER TILLY VIRCHOW KRAUSE has a solid Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: BAKER TILLY VIRCHOW KRAUSE offers superior bonuses to team members who excel in their field of work, provide extraordinary results for BAKER TILLY VIRCHOW KRAUSE, and encourage others to do the same.
- CHILDCARE DISCOUNT: BAKER TILLY VIRCHOW KRAUSE does not offer childcare discount.
- COMMUTER BENEFIT: BAKER TILLY VIRCHOW KRAUSE offers excellent 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: BAKER TILLY VIRCHOW KRAUSE offers an exceptional 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: BAKER TILLY VIRCHOW KRAUSE has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: BAKER TILLY VIRCHOW KRAUSE 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: BAKER TILLY VIRCHOW KRAUSE has an extraordinary 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: BAKER TILLY VIRCHOW KRAUSE has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, BAKER TILLY VIRCHOW KRAUSE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: BAKER TILLY VIRCHOW KRAUSE has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BAKER TILLY VIRCHOW KRAUSE | Industry | Illinois |
|---|---|---|---|
| 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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