This report analyzes and compares HARMAN INTERNATIONAL INDUSTRIES' employee health insurance and employee benefits with its industry and in Connecticut 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
HARMAN INTERNATIONAL INDUSTRIES has superb 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 HARMAN INTERNATIONAL INDUSTRIES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HARMAN INTERNATIONAL INDUSTRIES believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. HARMAN INTERNATIONAL INDUSTRIES has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, HARMAN INTERNATIONAL INDUSTRIES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: HARMAN INTERNATIONAL INDUSTRIES offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by HARMAN INTERNATIONAL INDUSTRIES to grow as leaders and learn how to make tough calls.
- ONBOARDING: HARMAN INTERNATIONAL INDUSTRIES does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, HARMAN INTERNATIONAL INDUSTRIES implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: HARMAN INTERNATIONAL INDUSTRIES 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 | HARMAN INTERNATIONAL INDUSTRIES | Industry | Connecticut |
|---|---|---|---|
| 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
HARMAN INTERNATIONAL INDUSTRIES offers first-class 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 HARMAN INTERNATIONAL INDUSTRIES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HARMAN INTERNATIONAL INDUSTRIES does not offer counseling.
- DENTAL PLAN: Team members at HARMAN INTERNATIONAL INDUSTRIES have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. HARMAN INTERNATIONAL INDUSTRIES partially pays for dentures and braces as well.
- HEALTH INSURANCE: HARMAN INTERNATIONAL INDUSTRIES provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: HARMAN INTERNATIONAL INDUSTRIES is aware of the fact that a healthy employee is a productive employee so it offers outstanding 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: HARMAN INTERNATIONAL INDUSTRIES offers an outstanding 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: Aware of the challenges that come with pregnancy, HARMAN INTERNATIONAL INDUSTRIES has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: HARMAN INTERNATIONAL INDUSTRIES has an excellent 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: HARMAN INTERNATIONAL INDUSTRIES offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | HARMAN INTERNATIONAL INDUSTRIES | Industry | Connecticut |
|---|---|---|---|
| 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
HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES 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 HARMAN INTERNATIONAL INDUSTRIES 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, HARMAN INTERNATIONAL INDUSTRIES provides resources which will help team members decide what to do with their 401(k) plan. HARMAN INTERNATIONAL INDUSTRIES offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: HARMAN INTERNATIONAL INDUSTRIES has an excellent Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: HARMAN INTERNATIONAL INDUSTRIES offers superb bonuses to team members who excel in their field of work, provide extraordinary results for HARMAN INTERNATIONAL INDUSTRIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: HARMAN INTERNATIONAL INDUSTRIES cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: HARMAN INTERNATIONAL INDUSTRIES offers extraordinary 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: HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES 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: HARMAN INTERNATIONAL INDUSTRIES does not offer paid volunteer time off.
- PARENTAL LEAVE: HARMAN INTERNATIONAL INDUSTRIES has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HARMAN INTERNATIONAL INDUSTRIES | Industry | Connecticut |
|---|---|---|---|
| 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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