This report analyzes and compares COCA-COLA BOTTLING CO's employee health insurance and employee benefits with its industry and in North Carolina 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
COCA-COLA BOTTLING CO has superb 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 COCA-COLA BOTTLING CO. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: COCA-COLA BOTTLING CO 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. COCA-COLA BOTTLING CO has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: COCA-COLA BOTTLING CO does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows COCA-COLA BOTTLING CO 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: COCA-COLA BOTTLING CO has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: COCA-COLA BOTTLING CO offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by COCA-COLA BOTTLING CO to grow as leaders and learn how to make tough calls.
- ONBOARDING: COCA-COLA BOTTLING CO does not offer onboarding.
- RECOGNITION PROGRAMS: COCA-COLA BOTTLING CO knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to COCA-COLA BOTTLING CO.
- TUITION REIMBURSEMENT: COCA-COLA BOTTLING CO does not offer tuition reimbursement.
Benefit | COCA-COLA BOTTLING CO | Industry | North Carolina |
|---|---|---|---|
| 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
COCA-COLA BOTTLING CO offers remarkable 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 COCA-COLA BOTTLING CO's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: COCA-COLA BOTTLING CO is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why COCA-COLA BOTTLING CO implemented a solid counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: COCA-COLA BOTTLING CO cares about its team members' dental health so it offers an exceptional dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: COCA-COLA BOTTLING CO offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: COCA-COLA BOTTLING CO does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, COCA-COLA BOTTLING CO offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: COCA-COLA BOTTLING CO 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: COCA-COLA BOTTLING CO has an exceptional 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: COCA-COLA BOTTLING CO offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | COCA-COLA BOTTLING CO | Industry | North Carolina |
|---|---|---|---|
| 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
COCA-COLA BOTTLING CO offers top-notch financial benefits for employees and their family members. A top-notch 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: COCA-COLA BOTTLING CO has an outstanding 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, COCA-COLA BOTTLING CO offers an outstanding 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, COCA-COLA BOTTLING CO offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: COCA-COLA BOTTLING CO does not offer adoption assistance reimbursement.
- BONUS PAY: COCA-COLA BOTTLING CO offers superior bonuses to team members who excel in their field of work, provide extraordinary results for COCA-COLA BOTTLING CO, and encourage others to do the same.
- CHILDCARE DISCOUNT: COCA-COLA BOTTLING CO does not offer childcare discount.
- COMMUTER BENEFIT: COCA-COLA BOTTLING CO has a good 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: COCA-COLA BOTTLING CO offers an excellent 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: COCA-COLA BOTTLING CO has an excellent 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: COCA-COLA BOTTLING CO offers a suitable life insurance policy to its team members for an affordable price. COCA-COLA BOTTLING CO 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: COCA-COLA BOTTLING CO wants for its team members to lead a happy and fulfilled life so it has a suitable 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: COCA-COLA BOTTLING CO 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 COCA-COLA BOTTLING CO, on volunteer work of their choice.
- PARENTAL LEAVE: COCA-COLA BOTTLING CO has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | COCA-COLA BOTTLING CO | Industry | North Carolina |
|---|---|---|---|
| 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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