This report analyzes and compares ENERGY FUTURE HOLDINGS' 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
ENERGY FUTURE HOLDINGS offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ENERGY FUTURE HOLDINGS makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: ENERGY FUTURE HOLDINGS offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: ENERGY FUTURE HOLDINGS encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ENERGY FUTURE HOLDINGS does not offer leadership programs.
- ONBOARDING: ENERGY FUTURE HOLDINGS does not offer onboarding.
- RECOGNITION PROGRAMS: ENERGY FUTURE HOLDINGS knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to ENERGY FUTURE HOLDINGS.
- TUITION REIMBURSEMENT: ENERGY FUTURE HOLDINGS has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at ENERGY FUTURE HOLDINGS.
Benefit | ENERGY FUTURE HOLDINGS | 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
ENERGY FUTURE HOLDINGS 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 ENERGY FUTURE HOLDINGS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ENERGY FUTURE HOLDINGS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ENERGY FUTURE HOLDINGS is aware of the fact that a healthy employee is a productive employee so it offers extraordinary 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: ENERGY FUTURE HOLDINGS offers an excellent 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: Aware of the challenges that come with pregnancy, ENERGY FUTURE HOLDINGS has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: ENERGY FUTURE HOLDINGS has implemented a superb telehealth policy for its members to use any time of the day, every single day. ENERGY FUTURE HOLDINGS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: ENERGY FUTURE HOLDINGS 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 | ENERGY FUTURE HOLDINGS | 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
ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ENERGY FUTURE HOLDINGS has an extraordinary Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: ENERGY FUTURE HOLDINGS has a solid 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: ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS has an outstanding 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: ENERGY FUTURE HOLDINGS 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: ENERGY FUTURE HOLDINGS wants for its team members to lead a happy and fulfilled life so it has a great 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: ENERGY FUTURE HOLDINGS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ENERGY FUTURE HOLDINGS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ENERGY FUTURE HOLDINGS has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ENERGY FUTURE HOLDINGS | 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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