This report analyzes and compares CENTRAL FREIGHT LINES' 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
CENTRAL FREIGHT LINES 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 CENTRAL FREIGHT LINES. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CENTRAL FREIGHT LINES continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that CENTRAL FREIGHT LINES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: CENTRAL FREIGHT LINES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows CENTRAL FREIGHT LINES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CENTRAL FREIGHT LINES has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CENTRAL FREIGHT LINES offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CENTRAL FREIGHT LINES to grow as leaders and learn how to make tough calls.
- ONBOARDING: CENTRAL FREIGHT LINES is aware of the difficulties that new employees might experience when they join the team. That's why CENTRAL FREIGHT LINES has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CENTRAL FREIGHT LINES knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to CENTRAL FREIGHT LINES.
- TUITION REIMBURSEMENT: CENTRAL FREIGHT LINES does not offer tuition reimbursement.
Benefit | CENTRAL FREIGHT LINES | 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
CENTRAL FREIGHT LINES offers top-notch 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 CENTRAL FREIGHT LINES's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CENTRAL FREIGHT LINES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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: Team members at CENTRAL FREIGHT LINES have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. CENTRAL FREIGHT LINES partially pays for dentures and braces as well.
- HEALTH INSURANCE: CENTRAL FREIGHT LINES offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: CENTRAL FREIGHT LINES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CENTRAL FREIGHT LINES has a remarkable 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: CENTRAL FREIGHT LINES 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: CENTRAL FREIGHT LINES has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. CENTRAL FREIGHT LINES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CENTRAL FREIGHT LINES 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 | CENTRAL FREIGHT LINES | 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
CENTRAL FREIGHT LINES offers first-class financial benefits for employees and their family members. A first-class 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: CENTRAL FREIGHT LINES has a superior 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. CENTRAL FREIGHT LINES 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 superior CENTRAL FREIGHT LINES has Matching program that matches 75% of employees' contributions. Whatever CENTRAL FREIGHT LINES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CENTRAL FREIGHT LINES. Recognizing that every team member is unique, with specific needs and goals, CENTRAL FREIGHT LINES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CENTRAL FREIGHT LINES does not offer adoption assistance reimbursement.
- BONUS PAY: CENTRAL FREIGHT LINES 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: CENTRAL FREIGHT LINES cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: CENTRAL FREIGHT LINES has a great commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CENTRAL FREIGHT LINES offers an extraordinary 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: CENTRAL FREIGHT LINES has an outstanding 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: CENTRAL FREIGHT LINES 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: CENTRAL FREIGHT LINES 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: CENTRAL FREIGHT LINES recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by CENTRAL FREIGHT LINES, on volunteer work of their choice.
- PARENTAL LEAVE: CENTRAL FREIGHT LINES has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CENTRAL FREIGHT LINES | 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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