This report analyzes and compares CUMULUS MEDIA PARTNERS' employee health insurance and employee benefits with its industry and in Georgia 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
CUMULUS MEDIA PARTNERS has top-notch 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 CUMULUS MEDIA PARTNERS. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CUMULUS MEDIA PARTNERS believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. CUMULUS MEDIA PARTNERS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, CUMULUS MEDIA PARTNERS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: CUMULUS MEDIA PARTNERS encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, CUMULUS MEDIA PARTNERS supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CUMULUS MEDIA PARTNERS has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CUMULUS MEDIA PARTNERS does not offer leadership programs.
- ONBOARDING: CUMULUS MEDIA PARTNERS 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: CUMULUS MEDIA PARTNERS 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 CUMULUS MEDIA PARTNERS.
- TUITION REIMBURSEMENT: CUMULUS MEDIA PARTNERS 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 | CUMULUS MEDIA PARTNERS | Industry | Georgia |
|---|---|---|---|
| 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
CUMULUS MEDIA PARTNERS offers first-class 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 CUMULUS MEDIA PARTNERS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CUMULUS MEDIA PARTNERS has an extraordinary counseling program for its employees and their family members. Team members are encouraged by CUMULUS MEDIA PARTNERS 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: CUMULUS MEDIA PARTNERS cares about its team members' dental health so it offers an extraordinary 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: CUMULUS MEDIA PARTNERS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CUMULUS MEDIA PARTNERS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CUMULUS MEDIA PARTNERS offers an extraordinary 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: CUMULUS MEDIA PARTNERS has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: CUMULUS MEDIA PARTNERS does not offer telehealth.
- VISION PLAN: CUMULUS MEDIA PARTNERS offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | CUMULUS MEDIA PARTNERS | Industry | Georgia |
|---|---|---|---|
| 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
CUMULUS MEDIA PARTNERS offers superb financial benefits for employees and their family members. A superb 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: CUMULUS MEDIA PARTNERS knows how important it is to think about retirement and start saving on time. That's why it offers a solid 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 CUMULUS MEDIA PARTNERS 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, CUMULUS MEDIA PARTNERS provides resources which will help team members decide what to do with their 401(k) plan. CUMULUS MEDIA PARTNERS offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CUMULUS MEDIA PARTNERS does not offer adoption assistance reimbursement.
- BONUS PAY: CUMULUS MEDIA PARTNERS has an excellent 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: CUMULUS MEDIA PARTNERS cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: CUMULUS MEDIA PARTNERS 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: CUMULUS MEDIA PARTNERS offers an exceptional 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: CUMULUS MEDIA PARTNERS has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CUMULUS MEDIA PARTNERS offers a good life insurance policy to its team members for an affordable price. CUMULUS MEDIA PARTNERS 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: CUMULUS MEDIA PARTNERS wants for its team members to lead a happy and fulfilled life so it has a valuable 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: CUMULUS MEDIA PARTNERS has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CUMULUS MEDIA PARTNERS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CUMULUS MEDIA PARTNERS has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CUMULUS MEDIA PARTNERS | Industry | Georgia |
|---|---|---|---|
| 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 CUMULUS MEDIA PARTNERS' 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.