This report analyzes and compares HOLLYFRONTIER CORPORATION's employee health insurance and employee benefits with its industry and in Texas 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
HOLLYFRONTIER CORPORATION 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 HOLLYFRONTIER CORPORATION. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HOLLYFRONTIER CORPORATION believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. HOLLYFRONTIER CORPORATION has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: HOLLYFRONTIER CORPORATION believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: HOLLYFRONTIER CORPORATION offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: HOLLYFRONTIER 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: HOLLYFRONTIER CORPORATION believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that HOLLYFRONTIER CORPORATION provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: HOLLYFRONTIER CORPORATION does not offer onboarding.
- RECOGNITION PROGRAMS: HOLLYFRONTIER CORPORATION 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 HOLLYFRONTIER CORPORATION.
- TUITION REIMBURSEMENT: HOLLYFRONTIER CORPORATION has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at HOLLYFRONTIER CORPORATION.
Benefit | HOLLYFRONTIER CORPORATION | Industry | Texas |
|---|---|---|---|
| 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
HOLLYFRONTIER CORPORATION provides extraordinary health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an extraordinary maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: HOLLYFRONTIER CORPORATION has an excellent counseling program for its employees and their family members. Team members are encouraged by HOLLYFRONTIER CORPORATION to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at HOLLYFRONTIER CORPORATION 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. HOLLYFRONTIER CORPORATION partially pays for dentures and braces as well.
- HEALTH INSURANCE: HOLLYFRONTIER CORPORATION provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: HOLLYFRONTIER CORPORATION is aware of the fact that a healthy employee is a productive employee so it offers extraordinary 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: HOLLYFRONTIER CORPORATION has a first-class 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: HOLLYFRONTIER CORPORATION offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: HOLLYFRONTIER CORPORATION 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: HOLLYFRONTIER CORPORATION provides a superb 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 | HOLLYFRONTIER CORPORATION | Industry | Texas |
|---|---|---|---|
| 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
HOLLYFRONTIER 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: HOLLYFRONTIER CORPORATION knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 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 HOLLYFRONTIER 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, HOLLYFRONTIER CORPORATION provides resources which will help team members decide what to do with their 401(k) plan. HOLLYFRONTIER CORPORATION offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: HOLLYFRONTIER CORPORATION does not offer adoption assistance reimbursement.
- BONUS PAY: HOLLYFRONTIER CORPORATION has an impressive bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: HOLLYFRONTIER CORPORATION cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: HOLLYFRONTIER CORPORATION has a good 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: HOLLYFRONTIER CORPORATION offers an impressive daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: HOLLYFRONTIER CORPORATION has an outstanding disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: HOLLYFRONTIER CORPORATION offers a valuable life insurance policy to its team members for an affordable price. HOLLYFRONTIER 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: HOLLYFRONTIER CORPORATION has an exceptional 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: HOLLYFRONTIER CORPORATION believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why HOLLYFRONTIER CORPORATION offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: HOLLYFRONTIER CORPORATION has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HOLLYFRONTIER CORPORATION | Industry | Texas |
|---|---|---|---|
| 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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