This report analyzes and compares HARTFORD STEAM BOILER's 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
HARTFORD STEAM BOILER has top-notch 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 HARTFORD STEAM BOILER. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HARTFORD STEAM BOILER offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, HARTFORD STEAM BOILER makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, HARTFORD STEAM BOILER can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: HARTFORD STEAM BOILER encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, HARTFORD STEAM BOILER 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: HARTFORD STEAM BOILER does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: HARTFORD STEAM BOILER offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by HARTFORD STEAM BOILER to grow as leaders and learn how to make tough calls.
- 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 HARTFORD STEAM BOILER offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: HARTFORD STEAM BOILER 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 HARTFORD STEAM BOILER.
- TUITION REIMBURSEMENT: HARTFORD STEAM BOILER 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 | HARTFORD STEAM BOILER | 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
HARTFORD STEAM BOILER 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 HARTFORD STEAM BOILER's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HARTFORD STEAM BOILER wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class 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 HARTFORD STEAM BOILER have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. HARTFORD STEAM BOILER partially pays for dentures and braces as well.
- HEALTH INSURANCE: HARTFORD STEAM BOILER offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: HARTFORD STEAM BOILER does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, HARTFORD STEAM BOILER offers a suitable 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: Aware of the challenges that come with pregnancy, HARTFORD STEAM BOILER has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: HARTFORD STEAM BOILER has an exceptional 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: HARTFORD STEAM BOILER provides a first-class 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 | HARTFORD STEAM BOILER | 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
HARTFORD STEAM BOILER 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: HARTFORD STEAM BOILER knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 HARTFORD STEAM BOILER 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, HARTFORD STEAM BOILER provides resources which will help team members decide what to do with their 401(k) plan. HARTFORD STEAM BOILER offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: HARTFORD STEAM BOILER has an exceptional 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: HARTFORD STEAM BOILER has a valuable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: HARTFORD STEAM BOILER has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: HARTFORD STEAM BOILER acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: HARTFORD STEAM BOILER 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: HARTFORD STEAM BOILER has a good disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: HARTFORD STEAM BOILER has a remarkable 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: HARTFORD STEAM BOILER realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why HARTFORD STEAM BOILER has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: HARTFORD STEAM BOILER does not offer paid volunteer time off.
- PARENTAL LEAVE: HARTFORD STEAM BOILER has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HARTFORD STEAM BOILER | 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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