This report analyzes and compares FAIRWAY GROUP HOLDINGS' employee health insurance and employee benefits with its industry and in New York 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
FAIRWAY GROUP HOLDINGS 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 FAIRWAY GROUP HOLDINGS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FAIRWAY GROUP HOLDINGS continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that FAIRWAY GROUP HOLDINGS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, FAIRWAY GROUP HOLDINGS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows FAIRWAY GROUP HOLDINGS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: FAIRWAY GROUP HOLDINGS has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: FAIRWAY GROUP HOLDINGS believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that FAIRWAY GROUP HOLDINGS provides for them, employees are able to learn what makes or breaks a leader.
- 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 FAIRWAY GROUP HOLDINGS offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: FAIRWAY GROUP HOLDINGS knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to FAIRWAY GROUP HOLDINGS.
- TUITION REIMBURSEMENT: FAIRWAY GROUP HOLDINGS does not offer tuition reimbursement.
Benefit | FAIRWAY GROUP HOLDINGS | Industry | New York |
|---|---|---|---|
| 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
FAIRWAY GROUP HOLDINGS 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 FAIRWAY GROUP HOLDINGS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FAIRWAY GROUP HOLDINGS has an impressive counseling program for its employees and their family members. Team members are encouraged by FAIRWAY GROUP HOLDINGS to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at FAIRWAY GROUP HOLDINGS have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. FAIRWAY GROUP HOLDINGS partially pays for dentures and braces as well.
- HEALTH INSURANCE: FAIRWAY GROUP HOLDINGS provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, FAIRWAY GROUP HOLDINGS offers solid health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: FAIRWAY GROUP HOLDINGS has a top-notch 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: FAIRWAY GROUP HOLDINGS offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: FAIRWAY GROUP HOLDINGS does not offer telehealth.
- VISION PLAN: FAIRWAY GROUP HOLDINGS 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 | FAIRWAY GROUP HOLDINGS | Industry | New York |
|---|---|---|---|
| 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
FAIRWAY GROUP HOLDINGS offers first-class financial benefits for employees and their family members. A first-class 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: FAIRWAY GROUP HOLDINGS has a top-notch 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. FAIRWAY GROUP HOLDINGS 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 top-notch FAIRWAY GROUP HOLDINGS has Matching program that matches 75% of employees' contributions. Whatever FAIRWAY GROUP HOLDINGS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave FAIRWAY GROUP HOLDINGS. Recognizing that every team member is unique, with specific needs and goals, FAIRWAY GROUP HOLDINGS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: FAIRWAY GROUP HOLDINGS does not offer adoption assistance reimbursement.
- BONUS PAY: FAIRWAY GROUP 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: FAIRWAY GROUP HOLDINGS cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: FAIRWAY GROUP HOLDINGS has a good 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: FAIRWAY GROUP HOLDINGS offers an exceptional daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: FAIRWAY GROUP HOLDINGS 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: FAIRWAY GROUP HOLDINGS offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: FAIRWAY GROUP HOLDINGS 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: FAIRWAY GROUP HOLDINGS has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, FAIRWAY GROUP HOLDINGS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: FAIRWAY GROUP HOLDINGS has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FAIRWAY GROUP HOLDINGS | Industry | New York |
|---|---|---|---|
| 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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