This report analyzes and compares BJ'S WHOLESALE CLUB's employee health insurance and employee benefits with its industry and in Massachusetts 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
BJ'S WHOLESALE CLUB offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. BJ'S WHOLESALE CLUB believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: BJ'S WHOLESALE CLUB believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. BJ'S WHOLESALE CLUB has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BJ'S WHOLESALE CLUB believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: BJ'S WHOLESALE CLUB 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: BJ'S WHOLESALE CLUB does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: BJ'S WHOLESALE CLUB is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, BJ'S WHOLESALE CLUB ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: BJ'S WHOLESALE CLUB is aware of the difficulties that new employees might experience when they join the team. That's why BJ'S WHOLESALE CLUB has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BJ'S WHOLESALE CLUB implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: BJ'S WHOLESALE CLUB has a great Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | BJ'S WHOLESALE CLUB | Industry | Massachusetts |
|---|---|---|---|
| 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
BJ'S WHOLESALE CLUB offers superior 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 BJ'S WHOLESALE CLUB's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BJ'S WHOLESALE CLUB does not offer counseling.
- DENTAL PLAN: Team members at BJ'S WHOLESALE CLUB have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. BJ'S WHOLESALE CLUB partially pays for dentures and braces as well.
- HEALTH INSURANCE: BJ'S WHOLESALE CLUB offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: BJ'S WHOLESALE CLUB offers its team members superior 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. BJ'S WHOLESALE CLUB provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: BJ'S WHOLESALE CLUB has a superb 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: Aware of the challenges that come with pregnancy, BJ'S WHOLESALE CLUB has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: BJ'S WHOLESALE CLUB has a suitable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. BJ'S WHOLESALE CLUB can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: BJ'S WHOLESALE CLUB provides a superb 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 | BJ'S WHOLESALE CLUB | Industry | Massachusetts |
|---|---|---|---|
| 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
Team members enjoy suitable financial benefits at BJ'S WHOLESALE CLUB. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. BJ'S WHOLESALE CLUB offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect BJ'S WHOLESALE CLUB to partially cover the expenses.
- 401(K) PLAN: BJ'S WHOLESALE CLUB does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: BJ'S WHOLESALE CLUB has a first-class Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by BJ'S WHOLESALE CLUB.
- BONUS PAY: BJ'S WHOLESALE CLUB has a good 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: BJ'S WHOLESALE CLUB offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: BJ'S WHOLESALE CLUB acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BJ'S WHOLESALE CLUB 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: BJ'S WHOLESALE CLUB has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: BJ'S WHOLESALE CLUB offers a suitable life insurance policy to its team members for an affordable price. BJ'S WHOLESALE CLUB 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: BJ'S WHOLESALE CLUB realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why BJ'S WHOLESALE CLUB has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: BJ'S WHOLESALE CLUB does not offer paid volunteer time off.
- PARENTAL LEAVE: BJ'S WHOLESALE CLUB has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BJ'S WHOLESALE CLUB | Industry | Massachusetts |
|---|---|---|---|
| 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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