This report analyzes and compares FUNG INSTITUTE FOR ENGINEERING LEADERSHIP's employee health insurance and employee benefits with its industry and in California 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
FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has superior 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 FUNG INSTITUTE FOR ENGINEERING LEADERSHIP. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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: extraordinary development resources are what allows FUNG INSTITUTE FOR ENGINEERING LEADERSHIP to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP does not offer leadership programs.
- 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 FUNG INSTITUTE FOR ENGINEERING LEADERSHIP offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to FUNG INSTITUTE FOR ENGINEERING LEADERSHIP.
- TUITION REIMBURSEMENT: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | FUNG INSTITUTE FOR ENGINEERING LEADERSHIP | Industry | California |
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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
FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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 FUNG INSTITUTE FOR ENGINEERING LEADERSHIP's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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: Team members at FUNG INSTITUTE FOR ENGINEERING LEADERSHIP have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. FUNG INSTITUTE FOR ENGINEERING LEADERSHIP partially pays for dentures and braces as well.
- HEALTH INSURANCE: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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: Aware of the challenges that come with pregnancy, FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has an outstanding 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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 | FUNG INSTITUTE FOR ENGINEERING LEADERSHIP | Industry | California |
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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
FUNG INSTITUTE FOR ENGINEERING LEADERSHIP offers top-notch financial benefits for employees and their family members. A top-notch 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has a superb Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by FUNG INSTITUTE FOR ENGINEERING LEADERSHIP.
- BONUS PAY: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP offers superb bonuses to team members who excel in their field of work, provide extraordinary results for FUNG INSTITUTE FOR ENGINEERING LEADERSHIP, and encourage others to do the same.
- CHILDCARE DISCOUNT: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP offers an extraordinary 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has an extraordinary 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP 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: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by FUNG INSTITUTE FOR ENGINEERING LEADERSHIP, on volunteer work of their choice.
- PARENTAL LEAVE: FUNG INSTITUTE FOR ENGINEERING LEADERSHIP has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FUNG INSTITUTE FOR ENGINEERING LEADERSHIP | Industry | California |
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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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