This report analyzes and compares CF INDUSTRIES HOLDINGS' 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
CF INDUSTRIES HOLDINGS 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 CF INDUSTRIES HOLDINGS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CF INDUSTRIES HOLDINGS 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. CF INDUSTRIES HOLDINGS has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: CF INDUSTRIES HOLDINGS offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows CF INDUSTRIES HOLDINGS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CF INDUSTRIES HOLDINGS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: CF INDUSTRIES HOLDINGS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that CF INDUSTRIES HOLDINGS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why CF INDUSTRIES HOLDINGS offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: CF INDUSTRIES HOLDINGS has a top-notch 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: CF INDUSTRIES HOLDINGS has a solid 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 | CF INDUSTRIES HOLDINGS | Industry | Illinois |
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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
CF INDUSTRIES HOLDINGS 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 CF INDUSTRIES HOLDINGS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CF INDUSTRIES HOLDINGS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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 CF INDUSTRIES HOLDINGS 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. CF INDUSTRIES HOLDINGS partially pays for dentures and braces as well.
- HEALTH INSURANCE: CF INDUSTRIES HOLDINGS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CF INDUSTRIES HOLDINGS 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. CF INDUSTRIES HOLDINGS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: CF INDUSTRIES HOLDINGS offers an extraordinary 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: CF INDUSTRIES HOLDINGS has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: CF INDUSTRIES HOLDINGS has implemented a superior telehealth policy for its members to use any time of the day, every single day. CF INDUSTRIES HOLDINGS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CF INDUSTRIES HOLDINGS offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | CF INDUSTRIES HOLDINGS | Industry | Illinois |
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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
CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS has an exceptional 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, CF INDUSTRIES HOLDINGS offers an exceptional program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, CF INDUSTRIES HOLDINGS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CF INDUSTRIES HOLDINGS has a superior 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 CF INDUSTRIES HOLDINGS.
- BONUS PAY: CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CF INDUSTRIES HOLDINGS offers a suitable life insurance policy to its team members for an affordable price. CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS 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: CF INDUSTRIES HOLDINGS does not offer paid volunteer time off.
- PARENTAL LEAVE: CF INDUSTRIES HOLDINGS has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CF INDUSTRIES HOLDINGS | Industry | Illinois |
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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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