This report analyzes and compares GOODRICH CORPORATION's employee health insurance and employee benefits with its industry and in North Carolina 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
GOODRICH CORPORATION has remarkable 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 GOODRICH CORPORATION. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: GOODRICH CORPORATION offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, GOODRICH CORPORATION makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: GOODRICH CORPORATION offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows GOODRICH CORPORATION to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: GOODRICH CORPORATION has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GOODRICH CORPORATION offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by GOODRICH CORPORATION to grow as leaders and learn how to make tough calls.
- ONBOARDING: GOODRICH CORPORATION does not offer onboarding.
- RECOGNITION PROGRAMS: GOODRICH CORPORATION has a superior Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: GOODRICH CORPORATION 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 | GOODRICH CORPORATION | Industry | North Carolina |
|---|---|---|---|
| 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
GOODRICH 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 GOODRICH CORPORATION's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GOODRICH CORPORATION is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why GOODRICH CORPORATION implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: GOODRICH CORPORATION offers a solid dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: GOODRICH CORPORATION offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: GOODRICH CORPORATION is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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: GOODRICH CORPORATION 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: GOODRICH CORPORATION offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GOODRICH CORPORATION 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. GOODRICH CORPORATION can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: GOODRICH CORPORATION 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 | GOODRICH CORPORATION | Industry | North Carolina |
|---|---|---|---|
| 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
GOODRICH CORPORATION offers superior financial benefits for employees and their family members. A superior 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: GOODRICH CORPORATION has a remarkable 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. GOODRICH CORPORATION 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 remarkable GOODRICH CORPORATION has Matching program that matches 75% of employees' contributions. Whatever GOODRICH CORPORATION contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave GOODRICH CORPORATION. Recognizing that every team member is unique, with specific needs and goals, GOODRICH CORPORATION keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: GOODRICH CORPORATION has a suitable 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: GOODRICH CORPORATION offers superb bonuses to team members who excel in their field of work, provide extraordinary results for GOODRICH CORPORATION, and encourage others to do the same.
- CHILDCARE DISCOUNT: GOODRICH CORPORATION cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: GOODRICH CORPORATION acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: GOODRICH CORPORATION offers a remarkable daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: GOODRICH CORPORATION offers a top-notch 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: GOODRICH CORPORATION has a superior 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: GOODRICH CORPORATION wants for its team members to lead a happy and fulfilled life so it has a great 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: GOODRICH CORPORATION does not offer paid volunteer time off.
- PARENTAL LEAVE: GOODRICH CORPORATION has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GOODRICH CORPORATION | Industry | North Carolina |
|---|---|---|---|
| 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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