This report analyzes and compares METALDYNE PERFORMANCE GROUP's employee health insurance and employee benefits with its industry and in Michigan 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
METALDYNE PERFORMANCE GROUP 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 METALDYNE PERFORMANCE GROUP. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: METALDYNE PERFORMANCE GROUP offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, METALDYNE PERFORMANCE GROUP makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: METALDYNE PERFORMANCE GROUP 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: METALDYNE PERFORMANCE GROUP encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, METALDYNE PERFORMANCE GROUP supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: METALDYNE PERFORMANCE GROUP has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: METALDYNE PERFORMANCE GROUP offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by METALDYNE PERFORMANCE GROUP to grow as leaders and learn how to make tough calls.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why METALDYNE PERFORMANCE GROUP offers an extraordinary Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: METALDYNE PERFORMANCE GROUP knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to METALDYNE PERFORMANCE GROUP.
- TUITION REIMBURSEMENT: METALDYNE PERFORMANCE GROUP has a suitable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | METALDYNE PERFORMANCE GROUP | Industry | Michigan |
|---|---|---|---|
| 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
METALDYNE PERFORMANCE GROUP 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 METALDYNE PERFORMANCE GROUP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: METALDYNE PERFORMANCE GROUP does not offer counseling.
- DENTAL PLAN: METALDYNE PERFORMANCE GROUP offers a solid 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: METALDYNE PERFORMANCE GROUP 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: METALDYNE PERFORMANCE GROUP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, METALDYNE PERFORMANCE GROUP offers a solid 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: METALDYNE PERFORMANCE GROUP has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: METALDYNE PERFORMANCE GROUP has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: METALDYNE PERFORMANCE GROUP has an outstanding 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 | METALDYNE PERFORMANCE GROUP | Industry | Michigan |
|---|---|---|---|
| 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
Team members enjoy solid financial benefits at METALDYNE PERFORMANCE GROUP. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. METALDYNE PERFORMANCE GROUP offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect METALDYNE PERFORMANCE GROUP to partially cover the expenses.
- 401(K) PLAN: METALDYNE PERFORMANCE GROUP does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: METALDYNE PERFORMANCE GROUP 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: METALDYNE PERFORMANCE GROUP offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for METALDYNE PERFORMANCE GROUP, and encourage others to do the same.
- CHILDCARE DISCOUNT: METALDYNE PERFORMANCE GROUP offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: METALDYNE PERFORMANCE GROUP acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: METALDYNE PERFORMANCE GROUP has a great 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: METALDYNE PERFORMANCE GROUP has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: METALDYNE PERFORMANCE GROUP offers a great life insurance policy to its team members for an affordable price. METALDYNE PERFORMANCE GROUP 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: METALDYNE PERFORMANCE GROUP wants for its team members to lead a happy and fulfilled life so it has a solid 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: METALDYNE PERFORMANCE GROUP believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why METALDYNE PERFORMANCE GROUP offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: METALDYNE PERFORMANCE GROUP has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | METALDYNE PERFORMANCE GROUP | Industry | Michigan |
|---|---|---|---|
| 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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