This report analyzes and compares DAVIS VISION'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
DAVIS VISION offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. DAVIS VISION believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: DAVIS VISION offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, DAVIS VISION makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: DAVIS VISION offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: DAVIS VISION encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, DAVIS VISION supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: DAVIS VISION does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: DAVIS VISION offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by DAVIS VISION to grow as leaders and learn how to make tough calls.
- ONBOARDING: DAVIS VISION does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, DAVIS VISION implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: DAVIS VISION 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 | DAVIS VISION | Industry | Texas |
|---|---|---|---|
| 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
DAVIS VISION offers superb 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 DAVIS VISION's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: DAVIS VISION is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why DAVIS VISION implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: DAVIS VISION offers a great 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: DAVIS VISION offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: DAVIS VISION 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. DAVIS VISION provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, DAVIS VISION offers a great 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: DAVIS VISION 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: DAVIS VISION has a great 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. DAVIS VISION can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: DAVIS VISION 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 | DAVIS VISION | Industry | Texas |
|---|---|---|---|
| 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
DAVIS VISION offers superior financial benefits for employees and their family members. A superior 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: DAVIS VISION does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: DAVIS VISION has a top-notch Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by DAVIS VISION.
- BONUS PAY: DAVIS VISION offers superb bonuses to team members who excel in their field of work, provide extraordinary results for DAVIS VISION, and encourage others to do the same.
- CHILDCARE DISCOUNT: DAVIS VISION cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: DAVIS VISION acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: DAVIS VISION offers a remarkable 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: DAVIS VISION offers a first-class short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: DAVIS VISION offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: DAVIS VISION has an impressive vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: DAVIS VISION believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why DAVIS VISION offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: DAVIS VISION has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | DAVIS VISION | Industry | Texas |
|---|---|---|---|
| 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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