This report analyzes and compares BERKSHIRE HATHAWAY HOMESERVICES' 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
BERKSHIRE HATHAWAY HOMESERVICES has first-class 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 BERKSHIRE HATHAWAY HOMESERVICES. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BERKSHIRE HATHAWAY HOMESERVICES continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that BERKSHIRE HATHAWAY HOMESERVICES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: BERKSHIRE HATHAWAY HOMESERVICES believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: BERKSHIRE HATHAWAY HOMESERVICES offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: BERKSHIRE HATHAWAY HOMESERVICES does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: BERKSHIRE HATHAWAY HOMESERVICES believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that BERKSHIRE HATHAWAY HOMESERVICES provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: BERKSHIRE HATHAWAY HOMESERVICES does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BERKSHIRE HATHAWAY HOMESERVICES implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: BERKSHIRE HATHAWAY HOMESERVICES does not offer tuition reimbursement.
Benefit | BERKSHIRE HATHAWAY HOMESERVICES | 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
BERKSHIRE HATHAWAY HOMESERVICES offers superb 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 BERKSHIRE HATHAWAY HOMESERVICES's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BERKSHIRE HATHAWAY HOMESERVICES has an extraordinary counseling program for its employees and their family members. Team members are encouraged by BERKSHIRE HATHAWAY HOMESERVICES 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 extraordinary 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 BERKSHIRE HATHAWAY HOMESERVICES have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. BERKSHIRE HATHAWAY HOMESERVICES partially pays for dentures and braces as well.
- HEALTH INSURANCE: BERKSHIRE HATHAWAY HOMESERVICES offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: BERKSHIRE HATHAWAY HOMESERVICES 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: BERKSHIRE HATHAWAY HOMESERVICES has a top-notch 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: BERKSHIRE HATHAWAY HOMESERVICES 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: BERKSHIRE HATHAWAY HOMESERVICES has implemented a superb telehealth policy for its members to use any time of the day, every single day. BERKSHIRE HATHAWAY HOMESERVICES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BERKSHIRE HATHAWAY HOMESERVICES offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | BERKSHIRE HATHAWAY HOMESERVICES | 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
BERKSHIRE HATHAWAY HOMESERVICES offers superior financial benefits for employees and their family members. A superior 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: BERKSHIRE HATHAWAY HOMESERVICES has a first-class 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. BERKSHIRE HATHAWAY HOMESERVICES 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 first-class BERKSHIRE HATHAWAY HOMESERVICES has Matching program that matches 75% of employees' contributions. Whatever BERKSHIRE HATHAWAY HOMESERVICES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BERKSHIRE HATHAWAY HOMESERVICES. Recognizing that every team member is unique, with specific needs and goals, BERKSHIRE HATHAWAY HOMESERVICES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BERKSHIRE HATHAWAY HOMESERVICES 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: BERKSHIRE HATHAWAY HOMESERVICES 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: BERKSHIRE HATHAWAY HOMESERVICES has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: BERKSHIRE HATHAWAY HOMESERVICES offers exceptional 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: BERKSHIRE HATHAWAY HOMESERVICES offers a superior 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: BERKSHIRE HATHAWAY HOMESERVICES offers a superb 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: BERKSHIRE HATHAWAY HOMESERVICES offers a solid life insurance policy to its team members for an affordable price. BERKSHIRE HATHAWAY HOMESERVICES 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: BERKSHIRE HATHAWAY HOMESERVICES wants for its team members to lead a happy and fulfilled life so it has a solid 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: BERKSHIRE HATHAWAY HOMESERVICES recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by BERKSHIRE HATHAWAY HOMESERVICES, on volunteer work of their choice.
- PARENTAL LEAVE: BERKSHIRE HATHAWAY HOMESERVICES has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BERKSHIRE HATHAWAY HOMESERVICES | 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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