This report analyzes and compares JM FAMILY ENTERPRISES' employee health insurance and employee benefits with its industry and in Florida 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
JM FAMILY ENTERPRISES 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 JM FAMILY ENTERPRISES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: JM FAMILY ENTERPRISES offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, JM FAMILY ENTERPRISES makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: JM FAMILY ENTERPRISES believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: JM FAMILY ENTERPRISES encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, JM FAMILY ENTERPRISES supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: JM FAMILY ENTERPRISES has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: JM FAMILY ENTERPRISES does not offer leadership programs.
- ONBOARDING: JM FAMILY ENTERPRISES is aware of the difficulties that new employees might experience when they join the team. That's why JM FAMILY ENTERPRISES has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: JM FAMILY ENTERPRISES has a superb Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: JM FAMILY ENTERPRISES realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | JM FAMILY ENTERPRISES | Industry | Florida |
|---|---|---|---|
| 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
JM FAMILY ENTERPRISES 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 JM FAMILY ENTERPRISES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: JM FAMILY ENTERPRISES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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 JM FAMILY ENTERPRISES 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. JM FAMILY ENTERPRISES partially pays for dentures and braces as well.
- HEALTH INSURANCE: JM FAMILY ENTERPRISES offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: JM FAMILY ENTERPRISES is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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: To financially help its team members with medical emergencies, JM FAMILY ENTERPRISES offers a great 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, JM FAMILY ENTERPRISES has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: JM FAMILY ENTERPRISES has a good telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. JM FAMILY ENTERPRISES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: JM FAMILY ENTERPRISES offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | JM FAMILY ENTERPRISES | Industry | Florida |
|---|---|---|---|
| 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
JM FAMILY ENTERPRISES offers top-notch financial benefits for employees and their family members. A top-notch 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: JM FAMILY ENTERPRISES 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 JM FAMILY ENTERPRISES 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, JM FAMILY ENTERPRISES provides resources which will help team members decide what to do with their 401(k) plan. JM FAMILY ENTERPRISES offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: JM FAMILY ENTERPRISES has a suitable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: JM FAMILY ENTERPRISES 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: JM FAMILY ENTERPRISES cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: JM FAMILY ENTERPRISES has a great 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: JM FAMILY ENTERPRISES offers a top-notch 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: JM FAMILY ENTERPRISES offers a superior 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: JM FAMILY ENTERPRISES has a superb 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: JM FAMILY ENTERPRISES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why JM FAMILY ENTERPRISES has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: JM FAMILY ENTERPRISES recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by JM FAMILY ENTERPRISES, on volunteer work of their choice.
- PARENTAL LEAVE: JM FAMILY ENTERPRISES has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | JM FAMILY ENTERPRISES | Industry | Florida |
|---|---|---|---|
| 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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