This report analyzes and compares DRS DEFENSE SOLUTIONS' employee health insurance and employee benefits with its industry and in Maryland 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
DRS DEFENSE SOLUTIONS has first-class 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 DRS DEFENSE SOLUTIONS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: DRS DEFENSE SOLUTIONS offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, DRS DEFENSE SOLUTIONS makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: DRS DEFENSE SOLUTIONS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: DRS DEFENSE SOLUTIONS encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, DRS DEFENSE SOLUTIONS supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: DRS DEFENSE SOLUTIONS has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: DRS DEFENSE SOLUTIONS is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, DRS DEFENSE SOLUTIONS ensures that team members with a potential for becoming leaders can achieve their goals.
- 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 DRS DEFENSE SOLUTIONS offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: DRS DEFENSE SOLUTIONS 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 DRS DEFENSE SOLUTIONS.
- TUITION REIMBURSEMENT: DRS DEFENSE SOLUTIONS does not offer tuition reimbursement.
Benefit | DRS DEFENSE SOLUTIONS | Industry | Maryland |
|---|---|---|---|
| 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
DRS DEFENSE SOLUTIONS 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 DRS DEFENSE SOLUTIONS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: DRS DEFENSE SOLUTIONS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: DRS DEFENSE SOLUTIONS cares about its team members' dental health so it offers an exceptional 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: DRS DEFENSE SOLUTIONS offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: DRS DEFENSE SOLUTIONS is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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, DRS DEFENSE SOLUTIONS offers a suitable 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: DRS DEFENSE SOLUTIONS has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: DRS DEFENSE SOLUTIONS has implemented a superior telehealth policy for its members to use any time of the day, every single day. DRS DEFENSE SOLUTIONS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: DRS DEFENSE SOLUTIONS provides a top-notch Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | DRS DEFENSE SOLUTIONS | Industry | Maryland |
|---|---|---|---|
| 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 great financial benefits at DRS DEFENSE SOLUTIONS. 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. DRS DEFENSE SOLUTIONS offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect DRS DEFENSE SOLUTIONS to partially cover the expenses.
- 401(K) PLAN: DRS DEFENSE SOLUTIONS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: DRS DEFENSE SOLUTIONS does not offer adoption assistance reimbursement.
- BONUS PAY: DRS DEFENSE SOLUTIONS has a great bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: DRS DEFENSE SOLUTIONS does not offer childcare discount.
- COMMUTER BENEFIT: DRS DEFENSE SOLUTIONS 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: DRS DEFENSE SOLUTIONS 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: DRS DEFENSE SOLUTIONS has an exceptional 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: DRS DEFENSE SOLUTIONS offers a great life insurance policy to its team members for an affordable price. DRS DEFENSE SOLUTIONS 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: DRS DEFENSE SOLUTIONS has an exceptional 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: DRS DEFENSE SOLUTIONS recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by DRS DEFENSE SOLUTIONS, on volunteer work of their choice.
- PARENTAL LEAVE: DRS DEFENSE SOLUTIONS has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | DRS DEFENSE SOLUTIONS | Industry | Maryland |
|---|---|---|---|
| 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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