This report analyzes and compares MONSTERTRAK'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
MONSTERTRAK offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MONSTERTRAK believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: MONSTERTRAK believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. MONSTERTRAK has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MONSTERTRAK does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: MONSTERTRAK encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, MONSTERTRAK supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: MONSTERTRAK does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: MONSTERTRAK is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, MONSTERTRAK ensures that team members with a potential for becoming leaders can achieve their goals.
- 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 MONSTERTRAK offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MONSTERTRAK implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MONSTERTRAK does not offer tuition reimbursement.
Benefit | MONSTERTRAK | Industry | California |
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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
MONSTERTRAK 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 MONSTERTRAK's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MONSTERTRAK is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why MONSTERTRAK implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: MONSTERTRAK cares about its team members' dental health so it offers an outstanding 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: MONSTERTRAK offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: MONSTERTRAK is aware of the fact that a healthy employee is a productive employee so it offers excellent 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: MONSTERTRAK has a superb 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, MONSTERTRAK has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: MONSTERTRAK has implemented a first-class telehealth policy for its members to use any time of the day, every single day. MONSTERTRAK covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MONSTERTRAK offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | MONSTERTRAK | Industry | California |
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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 MONSTERTRAK. 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. MONSTERTRAK offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect MONSTERTRAK to partially cover the expenses.
- 401(K) PLAN: MONSTERTRAK does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MONSTERTRAK has an extraordinary 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: MONSTERTRAK has a good 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: MONSTERTRAK does not offer childcare discount.
- COMMUTER BENEFIT: MONSTERTRAK 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: MONSTERTRAK 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: MONSTERTRAK offers a first-class short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: MONSTERTRAK offers a good life insurance policy to its team members for an affordable price. MONSTERTRAK 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: MONSTERTRAK realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MONSTERTRAK has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MONSTERTRAK does not offer paid volunteer time off.
- PARENTAL LEAVE: MONSTERTRAK has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MONSTERTRAK | Industry | California |
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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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