This report analyzes and compares COLGATE PALMOLIVE INDIA LTD's employee health insurance and employee benefits with its industry and in New York 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
COLGATE PALMOLIVE INDIA LTD 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 COLGATE PALMOLIVE INDIA LTD. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: COLGATE PALMOLIVE INDIA LTD believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. COLGATE PALMOLIVE INDIA LTD has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: COLGATE PALMOLIVE INDIA LTD offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: COLGATE PALMOLIVE INDIA LTD offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: COLGATE PALMOLIVE INDIA LTD has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: COLGATE PALMOLIVE INDIA LTD is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, COLGATE PALMOLIVE INDIA LTD ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: COLGATE PALMOLIVE INDIA LTD offers a top-notch 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: Aware of the fact that its team members work hard, COLGATE PALMOLIVE INDIA LTD implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: COLGATE PALMOLIVE INDIA LTD realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | COLGATE PALMOLIVE INDIA LTD | Industry | New York |
|---|---|---|---|
| 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
COLGATE PALMOLIVE INDIA LTD provides exceptional health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an exceptional maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: COLGATE PALMOLIVE INDIA LTD has an exceptional counseling program for its employees and their family members. Team members are encouraged by COLGATE PALMOLIVE INDIA LTD 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: COLGATE PALMOLIVE INDIA LTD cares about its team members' dental health so it offers an excellent 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: COLGATE PALMOLIVE INDIA LTD offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, COLGATE PALMOLIVE INDIA LTD offers solid health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: COLGATE PALMOLIVE INDIA LTD offers an outstanding 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, COLGATE PALMOLIVE INDIA LTD has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: COLGATE PALMOLIVE INDIA LTD has an impressive 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: COLGATE PALMOLIVE INDIA LTD has an impressive 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 | COLGATE PALMOLIVE INDIA LTD | Industry | New York |
|---|---|---|---|
| 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
COLGATE PALMOLIVE INDIA LTD offers superior financial benefits for employees and their family members. A superior 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: COLGATE PALMOLIVE INDIA LTD 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. COLGATE PALMOLIVE INDIA LTD 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 COLGATE PALMOLIVE INDIA LTD has Matching program that matches 75% of employees' contributions. Whatever COLGATE PALMOLIVE INDIA LTD contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave COLGATE PALMOLIVE INDIA LTD. Recognizing that every team member is unique, with specific needs and goals, COLGATE PALMOLIVE INDIA LTD keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: COLGATE PALMOLIVE INDIA LTD does not offer adoption assistance reimbursement.
- BONUS PAY: COLGATE PALMOLIVE INDIA LTD has a solid 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: COLGATE PALMOLIVE INDIA LTD offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: COLGATE PALMOLIVE INDIA LTD 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: COLGATE PALMOLIVE INDIA LTD 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: COLGATE PALMOLIVE INDIA LTD offers a superb 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: COLGATE PALMOLIVE INDIA LTD has a first-class 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: COLGATE PALMOLIVE INDIA LTD realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why COLGATE PALMOLIVE INDIA LTD has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: COLGATE PALMOLIVE INDIA LTD has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, COLGATE PALMOLIVE INDIA LTD stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: COLGATE PALMOLIVE INDIA LTD has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | COLGATE PALMOLIVE INDIA LTD | Industry | New York |
|---|---|---|---|
| 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 COLGATE PALMOLIVE INDIA LTD'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.