This report analyzes and compares CORE MOLDING TECHNOLOGIES' employee health insurance and employee benefits with its industry and in Ohio 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
CORE MOLDING TECHNOLOGIES has superior 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 CORE MOLDING TECHNOLOGIES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CORE MOLDING TECHNOLOGIES continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that CORE MOLDING TECHNOLOGIES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a good coaching and mentoring program, CORE MOLDING TECHNOLOGIES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: CORE MOLDING TECHNOLOGIES encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, CORE MOLDING TECHNOLOGIES supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CORE MOLDING TECHNOLOGIES has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CORE MOLDING TECHNOLOGIES believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that CORE MOLDING TECHNOLOGIES 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 CORE MOLDING TECHNOLOGIES offers an extraordinary 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, CORE MOLDING TECHNOLOGIES implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: CORE MOLDING TECHNOLOGIES does not offer tuition reimbursement.
Benefit | CORE MOLDING TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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
CORE MOLDING TECHNOLOGIES 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 CORE MOLDING TECHNOLOGIES's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CORE MOLDING TECHNOLOGIES does not offer counseling.
- DENTAL PLAN: CORE MOLDING TECHNOLOGIES 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: CORE MOLDING TECHNOLOGIES offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CORE MOLDING TECHNOLOGIES offers its team members top-notch 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. CORE MOLDING TECHNOLOGIES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CORE MOLDING TECHNOLOGIES offers a good 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: CORE MOLDING TECHNOLOGIES offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: CORE MOLDING TECHNOLOGIES has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. CORE MOLDING TECHNOLOGIES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: CORE MOLDING TECHNOLOGIES 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 | CORE MOLDING TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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
CORE MOLDING TECHNOLOGIES offers first-class financial benefits for employees and their family members. A first-class 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: CORE MOLDING TECHNOLOGIES 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. CORE MOLDING TECHNOLOGIES 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 CORE MOLDING TECHNOLOGIES has Matching program that matches 75% of employees' contributions. Whatever CORE MOLDING TECHNOLOGIES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CORE MOLDING TECHNOLOGIES. Recognizing that every team member is unique, with specific needs and goals, CORE MOLDING TECHNOLOGIES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CORE MOLDING TECHNOLOGIES has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: CORE MOLDING TECHNOLOGIES offers superior bonuses to team members who excel in their field of work, provide extraordinary results for CORE MOLDING TECHNOLOGIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: CORE MOLDING TECHNOLOGIES offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CORE MOLDING TECHNOLOGIES offers outstanding 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: CORE MOLDING TECHNOLOGIES has a valuable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: CORE MOLDING TECHNOLOGIES has an extraordinary 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: CORE MOLDING TECHNOLOGIES has a superb 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: CORE MOLDING TECHNOLOGIES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CORE MOLDING TECHNOLOGIES has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CORE MOLDING TECHNOLOGIES believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why CORE MOLDING TECHNOLOGIES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: CORE MOLDING TECHNOLOGIES has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CORE MOLDING TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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 CORE MOLDING TECHNOLOGIES' 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.