This report analyzes and compares CONNECTECH's 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
CONNECTECH has remarkable 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 CONNECTECH. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CONNECTECH offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CONNECTECH makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: CONNECTECH offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: CONNECTECH offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: CONNECTECH has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CONNECTECH does not offer leadership programs.
- ONBOARDING: CONNECTECH is aware of the difficulties that new employees might experience when they join the team. That's why CONNECTECH has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CONNECTECH knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to CONNECTECH.
- TUITION REIMBURSEMENT: CONNECTECH realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | CONNECTECH | Industry | Texas |
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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
CONNECTECH 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 CONNECTECH's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CONNECTECH has an outstanding counseling program for its employees and their family members. Team members are encouraged by CONNECTECH 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 outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: CONNECTECH cares about its team members' dental health so it offers an impressive 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: CONNECTECH offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CONNECTECH is aware of the fact that a healthy employee is a productive employee so it offers outstanding health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CONNECTECH offers a solid 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: Aware of the challenges that come with pregnancy, CONNECTECH has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: CONNECTECH does not offer telehealth.
- VISION PLAN: CONNECTECH 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 | CONNECTECH | Industry | Texas |
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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
Team members enjoy solid financial benefits at CONNECTECH. 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. CONNECTECH offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CONNECTECH to partially cover the expenses.
- 401(K) PLAN: CONNECTECH knows how important it is to think about retirement and start saving on time. That's why it offers a good 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and CONNECTECH will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, CONNECTECH provides resources which will help team members decide what to do with their 401(k) plan. CONNECTECH offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CONNECTECH does not offer adoption assistance reimbursement.
- BONUS PAY: CONNECTECH has an impressive 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: CONNECTECH does not offer childcare discount.
- COMMUTER BENEFIT: CONNECTECH has a valuable 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: CONNECTECH 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: CONNECTECH has an impressive 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: CONNECTECH offers an outstanding life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: CONNECTECH 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: CONNECTECH does not offer paid volunteer time off.
- PARENTAL LEAVE: CONNECTECH has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CONNECTECH | Industry | Texas |
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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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