This report analyzes and compares LAUNCHING THE VENTURE'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
LAUNCHING THE VENTURE 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 LAUNCHING THE VENTURE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: LAUNCHING THE VENTURE continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that LAUNCHING THE VENTURE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a good coaching and mentoring program, LAUNCHING THE VENTURE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: LAUNCHING THE VENTURE is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, LAUNCHING THE VENTURE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: LAUNCHING THE VENTURE is aware of the difficulties that new employees might experience when they join the team. That's why LAUNCHING THE VENTURE has a solid 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, LAUNCHING THE VENTURE implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: LAUNCHING THE VENTURE does not offer tuition reimbursement.
Benefit | LAUNCHING THE VENTURE | 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
LAUNCHING THE VENTURE 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 LAUNCHING THE VENTURE's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LAUNCHING THE VENTURE does not offer counseling.
- DENTAL PLAN: LAUNCHING THE VENTURE cares about its team members' dental health so it offers an impressive 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: LAUNCHING THE VENTURE provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE has a remarkable 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, LAUNCHING THE VENTURE has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: LAUNCHING THE VENTURE has a suitable 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. LAUNCHING THE VENTURE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: LAUNCHING THE VENTURE has an excellent 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 | LAUNCHING THE VENTURE | 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
LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE 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. LAUNCHING THE VENTURE 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 LAUNCHING THE VENTURE has Matching program that matches 75% of employees' contributions. Whatever LAUNCHING THE VENTURE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave LAUNCHING THE VENTURE. Recognizing that every team member is unique, with specific needs and goals, LAUNCHING THE VENTURE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: LAUNCHING THE VENTURE has a good 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: LAUNCHING THE VENTURE offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for LAUNCHING THE VENTURE, and encourage others to do the same.
- CHILDCARE DISCOUNT: LAUNCHING THE VENTURE has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE 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: LAUNCHING THE VENTURE offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: LAUNCHING THE VENTURE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why LAUNCHING THE VENTURE has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: LAUNCHING THE VENTURE 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 LAUNCHING THE VENTURE, on volunteer work of their choice.
- PARENTAL LEAVE: LAUNCHING THE VENTURE has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LAUNCHING THE VENTURE | 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 |
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