This report analyzes and compares GIBSON GUITAR CORPORATION's employee health insurance and employee benefits with its industry and in Tennessee 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
GIBSON GUITAR CORPORATION has first-class 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 GIBSON GUITAR CORPORATION. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: GIBSON GUITAR CORPORATION offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, GIBSON GUITAR CORPORATION makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: GIBSON GUITAR CORPORATION believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: GIBSON GUITAR CORPORATION offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: GIBSON GUITAR CORPORATION has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GIBSON GUITAR CORPORATION is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, GIBSON GUITAR CORPORATION ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: GIBSON GUITAR CORPORATION is aware of the difficulties that new employees might experience when they join the team. That's why GIBSON GUITAR CORPORATION has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: GIBSON GUITAR CORPORATION 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 GIBSON GUITAR CORPORATION.
- TUITION REIMBURSEMENT: GIBSON GUITAR CORPORATION 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 GIBSON GUITAR CORPORATION.
Benefit | GIBSON GUITAR CORPORATION | Industry | Tennessee |
|---|---|---|---|
| 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
GIBSON GUITAR CORPORATION 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 GIBSON GUITAR CORPORATION's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GIBSON GUITAR CORPORATION wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: Team members at GIBSON GUITAR CORPORATION have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. GIBSON GUITAR CORPORATION partially pays for dentures and braces as well.
- HEALTH INSURANCE: GIBSON GUITAR CORPORATION offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: GIBSON GUITAR CORPORATION is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: To financially help its team members with medical emergencies, GIBSON GUITAR CORPORATION offers a great 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: GIBSON GUITAR CORPORATION offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GIBSON GUITAR CORPORATION has a great 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. GIBSON GUITAR CORPORATION can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: GIBSON GUITAR CORPORATION has an extraordinary Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | GIBSON GUITAR CORPORATION | Industry | Tennessee |
|---|---|---|---|
| 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
GIBSON GUITAR CORPORATION 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: GIBSON GUITAR CORPORATION knows how important it is to think about retirement and start saving on time. That's why it offers a good 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and GIBSON GUITAR CORPORATION will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, GIBSON GUITAR CORPORATION provides resources which will help team members decide what to do with their 401(k) plan. GIBSON GUITAR CORPORATION offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: GIBSON GUITAR CORPORATION has a good 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: GIBSON GUITAR CORPORATION offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for GIBSON GUITAR CORPORATION, and encourage others to do the same.
- CHILDCARE DISCOUNT: GIBSON GUITAR CORPORATION has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: GIBSON GUITAR CORPORATION 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: GIBSON GUITAR CORPORATION has a great daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: GIBSON GUITAR CORPORATION 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: GIBSON GUITAR CORPORATION offers a solid life insurance policy to its team members for an affordable price. GIBSON GUITAR CORPORATION participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: GIBSON GUITAR CORPORATION has an outstanding 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: GIBSON GUITAR CORPORATION does not offer paid volunteer time off.
- PARENTAL LEAVE: GIBSON GUITAR CORPORATION has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GIBSON GUITAR CORPORATION | Industry | Tennessee |
|---|---|---|---|
| 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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