This report analyzes and compares COLLECTIVE BRANDS' employee health insurance and employee benefits with its industry and in Kansas 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
COLLECTIVE BRANDS 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 COLLECTIVE BRANDS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: COLLECTIVE BRANDS continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that COLLECTIVE BRANDS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: COLLECTIVE BRANDS believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: COLLECTIVE BRANDS 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: COLLECTIVE BRANDS has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: COLLECTIVE BRANDS does not offer leadership programs.
- 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 COLLECTIVE BRANDS offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, COLLECTIVE BRANDS implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: COLLECTIVE BRANDS does not offer tuition reimbursement.
Benefit | COLLECTIVE BRANDS | Industry | Kansas |
|---|---|---|---|
| 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
COLLECTIVE BRANDS has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a solid healthcare spending account at their disposal.
- COUNSELING: COLLECTIVE BRANDS does not offer counseling.
- DENTAL PLAN: COLLECTIVE BRANDS offers a good 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: COLLECTIVE BRANDS provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: COLLECTIVE BRANDS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: COLLECTIVE BRANDS 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: COLLECTIVE BRANDS has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: COLLECTIVE BRANDS has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. COLLECTIVE BRANDS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: COLLECTIVE BRANDS 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 | COLLECTIVE BRANDS | Industry | Kansas |
|---|---|---|---|
| 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
Team members enjoy great financial benefits at COLLECTIVE BRANDS. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. COLLECTIVE BRANDS offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect COLLECTIVE BRANDS to partially cover the expenses.
- 401(K) PLAN: COLLECTIVE BRANDS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: COLLECTIVE BRANDS has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: COLLECTIVE BRANDS offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for COLLECTIVE BRANDS, and encourage others to do the same.
- CHILDCARE DISCOUNT: COLLECTIVE BRANDS offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: COLLECTIVE BRANDS has a suitable 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: COLLECTIVE BRANDS offers a first-class 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: COLLECTIVE BRANDS has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: COLLECTIVE BRANDS offers a good life insurance policy to its team members for an affordable price. COLLECTIVE BRANDS 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: COLLECTIVE BRANDS 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: COLLECTIVE BRANDS believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why COLLECTIVE BRANDS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: COLLECTIVE BRANDS has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | COLLECTIVE BRANDS | Industry | Kansas |
|---|---|---|---|
| 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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