This report analyzes and compares HENDRICK AUTOMOTIVE GROUP'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
HENDRICK AUTOMOTIVE GROUP 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 HENDRICK AUTOMOTIVE GROUP. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HENDRICK AUTOMOTIVE GROUP continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that HENDRICK AUTOMOTIVE GROUP uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: HENDRICK AUTOMOTIVE GROUP offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: HENDRICK AUTOMOTIVE GROUP 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: HENDRICK AUTOMOTIVE GROUP has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: HENDRICK AUTOMOTIVE GROUP believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that HENDRICK AUTOMOTIVE GROUP provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: HENDRICK AUTOMOTIVE GROUP does not offer onboarding.
- RECOGNITION PROGRAMS: HENDRICK AUTOMOTIVE GROUP 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 HENDRICK AUTOMOTIVE GROUP.
- TUITION REIMBURSEMENT: HENDRICK AUTOMOTIVE GROUP does not offer tuition reimbursement.
Benefit | HENDRICK AUTOMOTIVE GROUP | 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
HENDRICK AUTOMOTIVE GROUP offers superb 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 HENDRICK AUTOMOTIVE GROUP's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HENDRICK AUTOMOTIVE GROUP is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why HENDRICK AUTOMOTIVE GROUP 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: Team members at HENDRICK AUTOMOTIVE GROUP 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. HENDRICK AUTOMOTIVE GROUP partially pays for dentures and braces as well.
- HEALTH INSURANCE: HENDRICK AUTOMOTIVE GROUP offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, HENDRICK AUTOMOTIVE GROUP offers valuable 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: HENDRICK AUTOMOTIVE GROUP 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: HENDRICK AUTOMOTIVE GROUP offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: HENDRICK AUTOMOTIVE GROUP has implemented a superb telehealth policy for its members to use any time of the day, every single day. HENDRICK AUTOMOTIVE GROUP covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: HENDRICK AUTOMOTIVE GROUP offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | HENDRICK AUTOMOTIVE GROUP | 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
HENDRICK AUTOMOTIVE GROUP offers superb financial benefits for employees and their family members. A superb 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: HENDRICK AUTOMOTIVE GROUP has a first-class 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. HENDRICK AUTOMOTIVE GROUP 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 first-class HENDRICK AUTOMOTIVE GROUP has Matching program that matches 75% of employees' contributions. Whatever HENDRICK AUTOMOTIVE GROUP contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave HENDRICK AUTOMOTIVE GROUP. Recognizing that every team member is unique, with specific needs and goals, HENDRICK AUTOMOTIVE GROUP keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: HENDRICK AUTOMOTIVE GROUP does not offer adoption assistance reimbursement.
- BONUS PAY: HENDRICK AUTOMOTIVE GROUP has a great 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: HENDRICK AUTOMOTIVE GROUP offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: HENDRICK AUTOMOTIVE GROUP has a suitable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: HENDRICK AUTOMOTIVE GROUP has a suitable 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: HENDRICK AUTOMOTIVE GROUP offers a remarkable 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: HENDRICK AUTOMOTIVE GROUP 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: HENDRICK AUTOMOTIVE GROUP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why HENDRICK AUTOMOTIVE GROUP has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: HENDRICK AUTOMOTIVE GROUP believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why HENDRICK AUTOMOTIVE GROUP offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: HENDRICK AUTOMOTIVE GROUP has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HENDRICK AUTOMOTIVE GROUP | 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 |
Improve this report:
We have prepared HENDRICK AUTOMOTIVE GROUP's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.