This report analyzes and compares CUMBERLAND FARMS' employee health insurance and employee benefits with its industry and in Massachusetts 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
CUMBERLAND FARMS 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 CUMBERLAND FARMS. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CUMBERLAND FARMS offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CUMBERLAND FARMS makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: CUMBERLAND FARMS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: CUMBERLAND FARMS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: CUMBERLAND FARMS has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CUMBERLAND FARMS believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that CUMBERLAND FARMS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: CUMBERLAND FARMS offers a superior 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: CUMBERLAND FARMS knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to CUMBERLAND FARMS.
- TUITION REIMBURSEMENT: CUMBERLAND FARMS realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | CUMBERLAND FARMS | Industry | Massachusetts |
|---|---|---|---|
| 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
CUMBERLAND FARMS 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 CUMBERLAND FARMS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CUMBERLAND FARMS does not offer counseling.
- DENTAL PLAN: CUMBERLAND FARMS 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: CUMBERLAND FARMS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CUMBERLAND FARMS is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: CUMBERLAND FARMS has a superb healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, CUMBERLAND FARMS has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: CUMBERLAND FARMS 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: CUMBERLAND FARMS has an exceptional 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 | CUMBERLAND FARMS | Industry | Massachusetts |
|---|---|---|---|
| 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 good financial benefits at CUMBERLAND FARMS. 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. CUMBERLAND FARMS offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CUMBERLAND FARMS to partially cover the expenses.
- 401(K) PLAN: CUMBERLAND FARMS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CUMBERLAND FARMS does not offer adoption assistance reimbursement.
- BONUS PAY: CUMBERLAND FARMS offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for CUMBERLAND FARMS, and encourage others to do the same.
- CHILDCARE DISCOUNT: CUMBERLAND FARMS does not offer childcare discount.
- COMMUTER BENEFIT: CUMBERLAND FARMS offers excellent 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: CUMBERLAND FARMS 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: CUMBERLAND FARMS 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: CUMBERLAND FARMS has a superior 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: CUMBERLAND FARMS wants for its team members to lead a happy and fulfilled life so it has a solid 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: CUMBERLAND FARMS does not offer paid volunteer time off.
- PARENTAL LEAVE: CUMBERLAND FARMS has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CUMBERLAND FARMS | Industry | Massachusetts |
|---|---|---|---|
| 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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