This report analyzes and compares LEO PHARMA'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
LEO PHARMA offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. LEO PHARMA believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: LEO PHARMA continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that LEO PHARMA uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, LEO PHARMA can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: LEO PHARMA encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, LEO PHARMA supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: LEO PHARMA does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: LEO PHARMA does not offer leadership programs.
- ONBOARDING: LEO PHARMA does not offer onboarding.
- RECOGNITION PROGRAMS: LEO PHARMA knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to LEO PHARMA.
- TUITION REIMBURSEMENT: LEO PHARMA does not offer tuition reimbursement.
Benefit | LEO PHARMA | 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
LEO PHARMA offers superb 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 LEO PHARMA's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LEO PHARMA has an extraordinary counseling program for its employees and their family members. Team members are encouraged by LEO PHARMA 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 extraordinary 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 LEO PHARMA have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. LEO PHARMA partially pays for dentures and braces as well.
- HEALTH INSURANCE: LEO PHARMA offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: LEO PHARMA 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: LEO PHARMA offers an outstanding 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: LEO PHARMA has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: LEO PHARMA has implemented a first-class telehealth policy for its members to use any time of the day, every single day. LEO PHARMA covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: LEO PHARMA offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | LEO PHARMA | 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
LEO PHARMA 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: LEO PHARMA does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: LEO PHARMA has a remarkable Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by LEO PHARMA.
- BONUS PAY: LEO PHARMA has an extraordinary 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: LEO PHARMA cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: LEO PHARMA acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: LEO PHARMA has a good daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: LEO PHARMA has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: LEO PHARMA offers a great life insurance policy to its team members for an affordable price. LEO PHARMA 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: LEO PHARMA realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why LEO PHARMA has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: LEO PHARMA believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why LEO PHARMA offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: LEO PHARMA has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LEO PHARMA | 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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