This report analyzes and compares MONOGRAM FOODS SOLUTIONS' employee health insurance and employee benefits with its industry and in Tennessee 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
MONOGRAM FOODS SOLUTIONS has first-class 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 MONOGRAM FOODS SOLUTIONS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MONOGRAM FOODS SOLUTIONS 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. MONOGRAM FOODS SOLUTIONS has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MONOGRAM FOODS SOLUTIONS believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows MONOGRAM FOODS SOLUTIONS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: MONOGRAM FOODS SOLUTIONS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: MONOGRAM FOODS SOLUTIONS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that MONOGRAM FOODS SOLUTIONS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: MONOGRAM FOODS SOLUTIONS does not offer onboarding.
- RECOGNITION PROGRAMS: MONOGRAM FOODS SOLUTIONS has a superb Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: MONOGRAM FOODS SOLUTIONS has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at MONOGRAM FOODS SOLUTIONS.
Benefit | MONOGRAM FOODS SOLUTIONS | Industry | Tennessee |
|---|---|---|---|
| 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
MONOGRAM FOODS SOLUTIONS offers superior 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 MONOGRAM FOODS SOLUTIONS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MONOGRAM FOODS SOLUTIONS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why MONOGRAM FOODS SOLUTIONS implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: MONOGRAM FOODS SOLUTIONS 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: MONOGRAM FOODS SOLUTIONS provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: MONOGRAM FOODS SOLUTIONS is aware of the fact that a healthy employee is a productive employee so it offers extraordinary 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: MONOGRAM FOODS SOLUTIONS offers an excellent 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, MONOGRAM FOODS SOLUTIONS has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: MONOGRAM FOODS SOLUTIONS has implemented a superior telehealth policy for its members to use any time of the day, every single day. MONOGRAM FOODS SOLUTIONS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MONOGRAM FOODS SOLUTIONS provides a first-class 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 | MONOGRAM FOODS SOLUTIONS | Industry | Tennessee |
|---|---|---|---|
| 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
MONOGRAM FOODS SOLUTIONS 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: MONOGRAM FOODS SOLUTIONS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MONOGRAM FOODS SOLUTIONS 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: MONOGRAM FOODS SOLUTIONS has an excellent 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: MONOGRAM FOODS SOLUTIONS offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: MONOGRAM FOODS SOLUTIONS 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: MONOGRAM FOODS SOLUTIONS offers a remarkable 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: MONOGRAM FOODS SOLUTIONS has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: MONOGRAM FOODS SOLUTIONS has a first-class 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: MONOGRAM FOODS SOLUTIONS has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: MONOGRAM FOODS SOLUTIONS believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why MONOGRAM FOODS SOLUTIONS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: MONOGRAM FOODS SOLUTIONS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MONOGRAM FOODS SOLUTIONS | Industry | Tennessee |
|---|---|---|---|
| 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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