This report analyzes and compares HOLMAN AUTOMOTIVE's employee health insurance and employee benefits with its industry and in New Jersey 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
HOLMAN AUTOMOTIVE 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 HOLMAN AUTOMOTIVE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HOLMAN AUTOMOTIVE offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, HOLMAN AUTOMOTIVE makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: HOLMAN AUTOMOTIVE does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows HOLMAN AUTOMOTIVE 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: HOLMAN AUTOMOTIVE has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: HOLMAN AUTOMOTIVE believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that HOLMAN AUTOMOTIVE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: HOLMAN AUTOMOTIVE does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, HOLMAN AUTOMOTIVE implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: HOLMAN AUTOMOTIVE realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | HOLMAN AUTOMOTIVE | Industry | New Jersey |
|---|---|---|---|
| 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
HOLMAN AUTOMOTIVE 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 HOLMAN AUTOMOTIVE's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HOLMAN AUTOMOTIVE does not offer counseling.
- DENTAL PLAN: Team members at HOLMAN AUTOMOTIVE 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. HOLMAN AUTOMOTIVE partially pays for dentures and braces as well.
- HEALTH INSURANCE: HOLMAN AUTOMOTIVE provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: HOLMAN AUTOMOTIVE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: HOLMAN AUTOMOTIVE has a superb 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: Aware of the challenges that come with pregnancy, HOLMAN AUTOMOTIVE has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: HOLMAN AUTOMOTIVE does not offer telehealth.
- VISION PLAN: HOLMAN AUTOMOTIVE has an extraordinary Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | HOLMAN AUTOMOTIVE | Industry | New Jersey |
|---|---|---|---|
| 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
HOLMAN AUTOMOTIVE offers first-class financial benefits for employees and their family members. A first-class 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: HOLMAN AUTOMOTIVE 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. HOLMAN AUTOMOTIVE 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 HOLMAN AUTOMOTIVE has Matching program that matches 75% of employees' contributions. Whatever HOLMAN AUTOMOTIVE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave HOLMAN AUTOMOTIVE. Recognizing that every team member is unique, with specific needs and goals, HOLMAN AUTOMOTIVE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: HOLMAN AUTOMOTIVE 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: HOLMAN AUTOMOTIVE has a solid 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: HOLMAN AUTOMOTIVE cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: HOLMAN AUTOMOTIVE acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: HOLMAN AUTOMOTIVE offers a superb 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: HOLMAN AUTOMOTIVE has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: HOLMAN AUTOMOTIVE offers a good life insurance policy to its team members for an affordable price. HOLMAN AUTOMOTIVE 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: HOLMAN AUTOMOTIVE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why HOLMAN AUTOMOTIVE has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: HOLMAN AUTOMOTIVE has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, HOLMAN AUTOMOTIVE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: HOLMAN AUTOMOTIVE has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HOLMAN AUTOMOTIVE | Industry | New Jersey |
|---|---|---|---|
| 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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