This report analyzes and compares NATIONAL INSTRUMENTS' employee health insurance and employee benefits with its industry and in Texas 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
NATIONAL INSTRUMENTS offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. NATIONAL INSTRUMENTS believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: NATIONAL INSTRUMENTS believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. NATIONAL INSTRUMENTS has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: NATIONAL INSTRUMENTS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows NATIONAL INSTRUMENTS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: NATIONAL INSTRUMENTS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: NATIONAL INSTRUMENTS is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, NATIONAL INSTRUMENTS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: NATIONAL INSTRUMENTS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, NATIONAL INSTRUMENTS implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: NATIONAL INSTRUMENTS realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | NATIONAL INSTRUMENTS | Industry | Texas |
|---|---|---|---|
| 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
NATIONAL INSTRUMENTS 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 NATIONAL INSTRUMENTS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NATIONAL INSTRUMENTS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: NATIONAL INSTRUMENTS offers a great 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: NATIONAL INSTRUMENTS offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: NATIONAL INSTRUMENTS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: NATIONAL INSTRUMENTS has a superior 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: NATIONAL INSTRUMENTS offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: NATIONAL INSTRUMENTS has implemented a superior telehealth policy for its members to use any time of the day, every single day. NATIONAL INSTRUMENTS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: NATIONAL INSTRUMENTS 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 | NATIONAL INSTRUMENTS | Industry | Texas |
|---|---|---|---|
| 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
NATIONAL INSTRUMENTS 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: NATIONAL INSTRUMENTS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: NATIONAL INSTRUMENTS has a solid 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: NATIONAL INSTRUMENTS has an outstanding 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: NATIONAL INSTRUMENTS has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: NATIONAL INSTRUMENTS 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: NATIONAL INSTRUMENTS offers a first-class 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: NATIONAL INSTRUMENTS 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: NATIONAL INSTRUMENTS has a top-notch 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: NATIONAL INSTRUMENTS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why NATIONAL INSTRUMENTS has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: NATIONAL INSTRUMENTS recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by NATIONAL INSTRUMENTS, on volunteer work of their choice.
- PARENTAL LEAVE: NATIONAL INSTRUMENTS has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NATIONAL INSTRUMENTS | Industry | Texas |
|---|---|---|---|
| 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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