This report analyzes and compares BROWN-FORMAN CORP's employee health insurance and employee benefits with its industry and in Kentucky 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
BROWN-FORMAN CORP offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. BROWN-FORMAN CORP believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: BROWN-FORMAN CORP 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. BROWN-FORMAN CORP has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BROWN-FORMAN CORP does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: BROWN-FORMAN CORP 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: BROWN-FORMAN CORP has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: BROWN-FORMAN CORP is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, BROWN-FORMAN CORP ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: BROWN-FORMAN CORP offers a first-class 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: BROWN-FORMAN CORP has a first-class 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: BROWN-FORMAN CORP does not offer tuition reimbursement.
Benefit | BROWN-FORMAN CORP | Industry | Kentucky |
|---|---|---|---|
| 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
BROWN-FORMAN CORP 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 BROWN-FORMAN CORP's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BROWN-FORMAN CORP has an exceptional counseling program for its employees and their family members. Team members are encouraged by BROWN-FORMAN CORP 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 exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: BROWN-FORMAN CORP offers a solid 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: BROWN-FORMAN CORP offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: BROWN-FORMAN CORP is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: BROWN-FORMAN CORP offers an impressive 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, BROWN-FORMAN CORP has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: BROWN-FORMAN CORP has an extraordinary telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: BROWN-FORMAN CORP has an excellent 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 | BROWN-FORMAN CORP | Industry | Kentucky |
|---|---|---|---|
| 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
BROWN-FORMAN CORP offers remarkable financial benefits for employees and their family members. A remarkable 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: BROWN-FORMAN CORP has a remarkable 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. BROWN-FORMAN CORP 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 remarkable BROWN-FORMAN CORP has Matching program that matches 75% of employees' contributions. Whatever BROWN-FORMAN CORP contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BROWN-FORMAN CORP. Recognizing that every team member is unique, with specific needs and goals, BROWN-FORMAN CORP keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BROWN-FORMAN CORP has a remarkable 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 BROWN-FORMAN CORP.
- BONUS PAY: BROWN-FORMAN CORP 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: BROWN-FORMAN CORP cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: BROWN-FORMAN CORP acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BROWN-FORMAN CORP 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: BROWN-FORMAN CORP 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: BROWN-FORMAN CORP offers an extraordinary life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: BROWN-FORMAN CORP wants for its team members to lead a happy and fulfilled life so it has a great 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: BROWN-FORMAN CORP does not offer paid volunteer time off.
- PARENTAL LEAVE: BROWN-FORMAN CORP has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BROWN-FORMAN CORP | Industry | Kentucky |
|---|---|---|---|
| 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 BROWN-FORMAN CORP'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.