This report analyzes and compares EMERSON CLIMATE TECHNOLOGIES' employee health insurance and employee benefits with its industry and in Ohio 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
EMERSON CLIMATE TECHNOLOGIES has superb 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 EMERSON CLIMATE TECHNOLOGIES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: EMERSON CLIMATE TECHNOLOGIES continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that EMERSON CLIMATE TECHNOLOGIES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: EMERSON CLIMATE TECHNOLOGIES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: impressive development resources are what allows EMERSON CLIMATE TECHNOLOGIES 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: EMERSON CLIMATE TECHNOLOGIES has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: EMERSON CLIMATE TECHNOLOGIES believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that EMERSON CLIMATE TECHNOLOGIES provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: EMERSON CLIMATE TECHNOLOGIES does not offer onboarding.
- RECOGNITION PROGRAMS: EMERSON CLIMATE TECHNOLOGIES has a first-class Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: EMERSON CLIMATE TECHNOLOGIES has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at EMERSON CLIMATE TECHNOLOGIES.
Benefit | EMERSON CLIMATE TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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
EMERSON CLIMATE TECHNOLOGIES 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 EMERSON CLIMATE TECHNOLOGIES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EMERSON CLIMATE TECHNOLOGIES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why EMERSON CLIMATE TECHNOLOGIES implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: EMERSON CLIMATE TECHNOLOGIES offers a solid 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: EMERSON CLIMATE TECHNOLOGIES offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: EMERSON CLIMATE TECHNOLOGIES offers its team members superb 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. EMERSON CLIMATE TECHNOLOGIES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: EMERSON CLIMATE TECHNOLOGIES has a remarkable 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: EMERSON CLIMATE TECHNOLOGIES has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: EMERSON CLIMATE TECHNOLOGIES has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. EMERSON CLIMATE TECHNOLOGIES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: EMERSON CLIMATE TECHNOLOGIES provides a superior 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 | EMERSON CLIMATE TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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
EMERSON CLIMATE TECHNOLOGIES offers remarkable financial benefits for employees and their family members. A remarkable 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: EMERSON CLIMATE TECHNOLOGIES has an extraordinary 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, EMERSON CLIMATE TECHNOLOGIES offers an extraordinary program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, EMERSON CLIMATE TECHNOLOGIES offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: EMERSON CLIMATE TECHNOLOGIES has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: EMERSON CLIMATE TECHNOLOGIES has an impressive 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: EMERSON CLIMATE TECHNOLOGIES offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: EMERSON CLIMATE TECHNOLOGIES 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: EMERSON CLIMATE TECHNOLOGIES has a suitable 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: EMERSON CLIMATE TECHNOLOGIES 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: EMERSON CLIMATE TECHNOLOGIES offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: EMERSON CLIMATE TECHNOLOGIES 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: EMERSON CLIMATE TECHNOLOGIES believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why EMERSON CLIMATE TECHNOLOGIES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: EMERSON CLIMATE TECHNOLOGIES has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EMERSON CLIMATE TECHNOLOGIES | Industry | Ohio |
|---|---|---|---|
| 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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