This report analyzes and compares KNOWLEDGE UNIVERSE's employee health insurance and employee benefits with its industry and in Oregon 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
KNOWLEDGE UNIVERSE has superior 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 KNOWLEDGE UNIVERSE. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: KNOWLEDGE UNIVERSE believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. KNOWLEDGE UNIVERSE has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: KNOWLEDGE UNIVERSE does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows KNOWLEDGE UNIVERSE 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: KNOWLEDGE UNIVERSE has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: KNOWLEDGE UNIVERSE believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that KNOWLEDGE UNIVERSE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: KNOWLEDGE UNIVERSE is aware of the difficulties that new employees might experience when they join the team. That's why KNOWLEDGE UNIVERSE has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, KNOWLEDGE UNIVERSE implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: KNOWLEDGE UNIVERSE does not offer tuition reimbursement.
Benefit | KNOWLEDGE UNIVERSE | Industry | Oregon |
|---|---|---|---|
| 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
KNOWLEDGE UNIVERSE provides outstanding 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 outstanding maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: KNOWLEDGE UNIVERSE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why KNOWLEDGE UNIVERSE implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: KNOWLEDGE UNIVERSE cares about its team members' dental health so it offers an exceptional dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: KNOWLEDGE UNIVERSE provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: KNOWLEDGE UNIVERSE offers its team members top-notch health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. KNOWLEDGE UNIVERSE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: KNOWLEDGE UNIVERSE offers an impressive 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: KNOWLEDGE UNIVERSE offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: KNOWLEDGE UNIVERSE has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. KNOWLEDGE UNIVERSE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: KNOWLEDGE UNIVERSE has an impressive 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 | KNOWLEDGE UNIVERSE | Industry | Oregon |
|---|---|---|---|
| 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
KNOWLEDGE UNIVERSE offers remarkable financial benefits for employees and their family members. A remarkable 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: KNOWLEDGE UNIVERSE 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. KNOWLEDGE UNIVERSE 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 KNOWLEDGE UNIVERSE has Matching program that matches 75% of employees' contributions. Whatever KNOWLEDGE UNIVERSE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave KNOWLEDGE UNIVERSE. Recognizing that every team member is unique, with specific needs and goals, KNOWLEDGE UNIVERSE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: KNOWLEDGE UNIVERSE has an impressive 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: KNOWLEDGE UNIVERSE has an outstanding 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: KNOWLEDGE UNIVERSE offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: KNOWLEDGE UNIVERSE 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: KNOWLEDGE UNIVERSE offers a superior 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: KNOWLEDGE UNIVERSE offers a first-class 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: KNOWLEDGE UNIVERSE has a superior 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: KNOWLEDGE UNIVERSE wants for its team members to lead a happy and fulfilled life so it has a valuable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: KNOWLEDGE UNIVERSE recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by KNOWLEDGE UNIVERSE, on volunteer work of their choice.
- PARENTAL LEAVE: KNOWLEDGE UNIVERSE has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | KNOWLEDGE UNIVERSE | Industry | Oregon |
|---|---|---|---|
| 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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