This report analyzes and compares EDS (ELECTRONIC DATA SYSTEMS)'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
EDS (ELECTRONIC DATA SYSTEMS) 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 EDS (ELECTRONIC DATA SYSTEMS). first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: EDS (ELECTRONIC DATA SYSTEMS) offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, EDS (ELECTRONIC DATA SYSTEMS) makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: EDS (ELECTRONIC DATA SYSTEMS) believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows EDS (ELECTRONIC DATA SYSTEMS) to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: EDS (ELECTRONIC DATA SYSTEMS) has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: EDS (ELECTRONIC DATA SYSTEMS) offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by EDS (ELECTRONIC DATA SYSTEMS) to grow as leaders and learn how to make tough calls.
- ONBOARDING: EDS (ELECTRONIC DATA SYSTEMS) is aware of the difficulties that new employees might experience when they join the team. That's why EDS (ELECTRONIC DATA SYSTEMS) has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, EDS (ELECTRONIC DATA SYSTEMS) implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: EDS (ELECTRONIC DATA SYSTEMS) has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | EDS (ELECTRONIC DATA SYSTEMS) | 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
EDS (ELECTRONIC DATA SYSTEMS) 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 EDS (ELECTRONIC DATA SYSTEMS)'s superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EDS (ELECTRONIC DATA SYSTEMS) is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why EDS (ELECTRONIC DATA SYSTEMS) implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: EDS (ELECTRONIC DATA SYSTEMS) cares about its team members' dental health so it offers an impressive 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: EDS (ELECTRONIC DATA SYSTEMS) offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: EDS (ELECTRONIC DATA SYSTEMS) offers its team members remarkable 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. EDS (ELECTRONIC DATA SYSTEMS) provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: EDS (ELECTRONIC DATA SYSTEMS) 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: EDS (ELECTRONIC DATA SYSTEMS) offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: EDS (ELECTRONIC DATA SYSTEMS) 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. EDS (ELECTRONIC DATA SYSTEMS) can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: EDS (ELECTRONIC DATA SYSTEMS) 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 | EDS (ELECTRONIC DATA SYSTEMS) | 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
EDS (ELECTRONIC DATA SYSTEMS) 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: EDS (ELECTRONIC DATA SYSTEMS) has a superb 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. EDS (ELECTRONIC DATA SYSTEMS) 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 superb EDS (ELECTRONIC DATA SYSTEMS) has Matching program that matches 75% of employees' contributions. Whatever EDS (ELECTRONIC DATA SYSTEMS) contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave EDS (ELECTRONIC DATA SYSTEMS). Recognizing that every team member is unique, with specific needs and goals, EDS (ELECTRONIC DATA SYSTEMS) keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: EDS (ELECTRONIC DATA SYSTEMS) does not offer adoption assistance reimbursement.
- BONUS PAY: EDS (ELECTRONIC DATA SYSTEMS) offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for EDS (ELECTRONIC DATA SYSTEMS), and encourage others to do the same.
- CHILDCARE DISCOUNT: EDS (ELECTRONIC DATA SYSTEMS) cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: EDS (ELECTRONIC DATA SYSTEMS) acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: EDS (ELECTRONIC DATA SYSTEMS) 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: EDS (ELECTRONIC DATA SYSTEMS) offers a remarkable 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: EDS (ELECTRONIC DATA SYSTEMS) has a remarkable 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: EDS (ELECTRONIC DATA SYSTEMS) realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why EDS (ELECTRONIC DATA SYSTEMS) has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: EDS (ELECTRONIC DATA SYSTEMS) has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, EDS (ELECTRONIC DATA SYSTEMS) stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: EDS (ELECTRONIC DATA SYSTEMS) has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EDS (ELECTRONIC DATA SYSTEMS) | 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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