This report analyzes and compares GEO FOSSIL FUELS' employee health insurance and employee benefits with its industry and in Colorado 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
GEO FOSSIL FUELS offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. GEO FOSSIL FUELS 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: GEO FOSSIL FUELS believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. GEO FOSSIL FUELS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a good coaching and mentoring program, GEO FOSSIL FUELS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: GEO FOSSIL FUELS encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, GEO FOSSIL FUELS 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: GEO FOSSIL FUELS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: GEO FOSSIL FUELS offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by GEO FOSSIL FUELS to grow as leaders and learn how to make tough calls.
- ONBOARDING: GEO FOSSIL FUELS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, GEO FOSSIL FUELS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: GEO FOSSIL FUELS has a suitable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | GEO FOSSIL FUELS | Industry | Colorado |
|---|---|---|---|
| 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
GEO FOSSIL FUELS offers top-notch 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 GEO FOSSIL FUELS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GEO FOSSIL FUELS does not offer counseling.
- DENTAL PLAN: GEO FOSSIL FUELS 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: GEO FOSSIL FUELS provides an excellent 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, GEO FOSSIL FUELS 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: GEO FOSSIL FUELS 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: GEO FOSSIL FUELS offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GEO FOSSIL FUELS has a good telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. GEO FOSSIL FUELS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: GEO FOSSIL FUELS 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 | GEO FOSSIL FUELS | Industry | Colorado |
|---|---|---|---|
| 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
GEO FOSSIL FUELS 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: GEO FOSSIL FUELS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: GEO FOSSIL FUELS does not offer adoption assistance reimbursement.
- BONUS PAY: GEO FOSSIL FUELS has an outstanding 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: GEO FOSSIL FUELS cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: GEO FOSSIL FUELS offers excellent commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: GEO FOSSIL FUELS offers an outstanding 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: GEO FOSSIL FUELS has an impressive 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: GEO FOSSIL FUELS 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: GEO FOSSIL FUELS wants for its team members to lead a happy and fulfilled life so it has a solid 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: GEO FOSSIL FUELS does not offer paid volunteer time off.
- PARENTAL LEAVE: GEO FOSSIL FUELS has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GEO FOSSIL FUELS | Industry | Colorado |
|---|---|---|---|
| 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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