This report analyzes and compares MAGEPLAZA MAGENTO MARKETPLACE's employee health insurance and employee benefits with its industry and in California 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
MAGEPLAZA MAGENTO MARKETPLACE has remarkable 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 MAGEPLAZA MAGENTO MARKETPLACE. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MAGEPLAZA MAGENTO MARKETPLACE believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. MAGEPLAZA MAGENTO MARKETPLACE has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, MAGEPLAZA MAGENTO MARKETPLACE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows MAGEPLAZA MAGENTO MARKETPLACE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: MAGEPLAZA MAGENTO MARKETPLACE has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MAGEPLAZA MAGENTO MARKETPLACE is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, MAGEPLAZA MAGENTO MARKETPLACE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: MAGEPLAZA MAGENTO MARKETPLACE offers a superb Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MAGEPLAZA MAGENTO MARKETPLACE implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MAGEPLAZA MAGENTO MARKETPLACE has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at MAGEPLAZA MAGENTO MARKETPLACE.
Benefit | MAGEPLAZA MAGENTO MARKETPLACE | Industry | California |
|---|---|---|---|
| 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
MAGEPLAZA MAGENTO MARKETPLACE 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 MAGEPLAZA MAGENTO MARKETPLACE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MAGEPLAZA MAGENTO MARKETPLACE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why MAGEPLAZA MAGENTO MARKETPLACE implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: MAGEPLAZA MAGENTO MARKETPLACE offers a good dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: MAGEPLAZA MAGENTO MARKETPLACE offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: MAGEPLAZA MAGENTO MARKETPLACE 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. MAGEPLAZA MAGENTO MARKETPLACE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: MAGEPLAZA MAGENTO MARKETPLACE 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: Aware of the challenges that come with pregnancy, MAGEPLAZA MAGENTO MARKETPLACE has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: MAGEPLAZA MAGENTO MARKETPLACE has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. MAGEPLAZA MAGENTO MARKETPLACE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MAGEPLAZA MAGENTO MARKETPLACE provides a top-notch Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | MAGEPLAZA MAGENTO MARKETPLACE | Industry | California |
|---|---|---|---|
| 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
MAGEPLAZA MAGENTO MARKETPLACE 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: MAGEPLAZA MAGENTO MARKETPLACE has a first-class 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. MAGEPLAZA MAGENTO MARKETPLACE 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 first-class MAGEPLAZA MAGENTO MARKETPLACE has Matching program that matches 75% of employees' contributions. Whatever MAGEPLAZA MAGENTO MARKETPLACE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MAGEPLAZA MAGENTO MARKETPLACE. Recognizing that every team member is unique, with specific needs and goals, MAGEPLAZA MAGENTO MARKETPLACE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MAGEPLAZA MAGENTO MARKETPLACE 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: MAGEPLAZA MAGENTO MARKETPLACE 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: MAGEPLAZA MAGENTO MARKETPLACE does not offer childcare discount.
- COMMUTER BENEFIT: MAGEPLAZA MAGENTO MARKETPLACE 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: MAGEPLAZA MAGENTO MARKETPLACE has a suitable 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: MAGEPLAZA MAGENTO MARKETPLACE has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: MAGEPLAZA MAGENTO MARKETPLACE offers a suitable life insurance policy to its team members for an affordable price. MAGEPLAZA MAGENTO MARKETPLACE 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: MAGEPLAZA MAGENTO MARKETPLACE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MAGEPLAZA MAGENTO MARKETPLACE has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MAGEPLAZA MAGENTO MARKETPLACE has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, MAGEPLAZA MAGENTO MARKETPLACE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: MAGEPLAZA MAGENTO MARKETPLACE has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MAGEPLAZA MAGENTO MARKETPLACE | Industry | California |
|---|---|---|---|
| 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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