This report analyzes and compares FORTUNE BRANDS HOME & SECURITY's employee health insurance and employee benefits with its industry and in Illinois 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
FORTUNE BRANDS HOME & SECURITY has top-notch 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 FORTUNE BRANDS HOME & SECURITY. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FORTUNE BRANDS HOME & SECURITY continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that FORTUNE BRANDS HOME & SECURITY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: FORTUNE BRANDS HOME & SECURITY believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: FORTUNE BRANDS HOME & SECURITY encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, FORTUNE BRANDS HOME & SECURITY supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: FORTUNE BRANDS HOME & SECURITY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: FORTUNE BRANDS HOME & SECURITY believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that FORTUNE BRANDS HOME & SECURITY 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 FORTUNE BRANDS HOME & SECURITY offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: FORTUNE BRANDS HOME & SECURITY knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to FORTUNE BRANDS HOME & SECURITY.
- TUITION REIMBURSEMENT: FORTUNE BRANDS HOME & SECURITY has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at FORTUNE BRANDS HOME & SECURITY.
Benefit | FORTUNE BRANDS HOME & SECURITY | Industry | Illinois |
|---|---|---|---|
| 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
FORTUNE BRANDS HOME & SECURITY offers superior 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 FORTUNE BRANDS HOME & SECURITY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FORTUNE BRANDS HOME & SECURITY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why FORTUNE BRANDS HOME & SECURITY 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: FORTUNE BRANDS HOME & SECURITY 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: FORTUNE BRANDS HOME & SECURITY provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: FORTUNE BRANDS HOME & SECURITY 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. FORTUNE BRANDS HOME & SECURITY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, FORTUNE BRANDS HOME & SECURITY 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: FORTUNE BRANDS HOME & SECURITY offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: FORTUNE BRANDS HOME & SECURITY has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: FORTUNE BRANDS HOME & SECURITY 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 | FORTUNE BRANDS HOME & SECURITY | Industry | Illinois |
|---|---|---|---|
| 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
FORTUNE BRANDS HOME & SECURITY offers superb financial benefits for employees and their family members. A superb 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: FORTUNE BRANDS HOME & SECURITY 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, FORTUNE BRANDS HOME & SECURITY 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, FORTUNE BRANDS HOME & SECURITY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FORTUNE BRANDS HOME & SECURITY has a great 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: FORTUNE BRANDS HOME & SECURITY has a good 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: FORTUNE BRANDS HOME & SECURITY does not offer childcare discount.
- COMMUTER BENEFIT: FORTUNE BRANDS HOME & SECURITY has a valuable 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: FORTUNE BRANDS HOME & SECURITY offers an excellent 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: FORTUNE BRANDS HOME & SECURITY 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: FORTUNE BRANDS HOME & SECURITY has a top-notch 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: FORTUNE BRANDS HOME & SECURITY 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: FORTUNE BRANDS HOME & SECURITY does not offer paid volunteer time off.
- PARENTAL LEAVE: FORTUNE BRANDS HOME & SECURITY has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FORTUNE BRANDS HOME & SECURITY | Industry | Illinois |
|---|---|---|---|
| 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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