This report analyzes and compares NEW SEASONS MARKET's employee health insurance and employee benefits with its industry and in Oregon 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
NEW SEASONS MARKET has superior 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 NEW SEASONS MARKET. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NEW SEASONS MARKET 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. NEW SEASONS MARKET has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: NEW SEASONS MARKET offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows NEW SEASONS MARKET to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: NEW SEASONS MARKET has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: NEW SEASONS MARKET offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by NEW SEASONS MARKET to grow as leaders and learn how to make tough calls.
- ONBOARDING: NEW SEASONS MARKET is aware of the difficulties that new employees might experience when they join the team. That's why NEW SEASONS MARKET has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: NEW SEASONS MARKET knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to NEW SEASONS MARKET.
- TUITION REIMBURSEMENT: NEW SEASONS MARKET has a good 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 | NEW SEASONS MARKET | Industry | Oregon |
|---|---|---|---|
| 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
NEW SEASONS MARKET has great health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers great dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a great healthcare spending account at their disposal.
- COUNSELING: NEW SEASONS MARKET does not offer counseling.
- DENTAL PLAN: Team members at NEW SEASONS MARKET have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. NEW SEASONS MARKET partially pays for dentures and braces as well.
- HEALTH INSURANCE: NEW SEASONS MARKET offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: NEW SEASONS MARKET does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: NEW SEASONS MARKET has a first-class 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: NEW SEASONS MARKET offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: NEW SEASONS MARKET has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. NEW SEASONS MARKET can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: NEW SEASONS MARKET 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 | NEW SEASONS MARKET | Industry | Oregon |
|---|---|---|---|
| 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
NEW SEASONS MARKET offers superb financial benefits for employees and their family members. A superb 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: NEW SEASONS MARKET has a top-notch 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. NEW SEASONS MARKET 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 top-notch NEW SEASONS MARKET has Matching program that matches 75% of employees' contributions. Whatever NEW SEASONS MARKET contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave NEW SEASONS MARKET. Recognizing that every team member is unique, with specific needs and goals, NEW SEASONS MARKET keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: NEW SEASONS MARKET 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: NEW SEASONS MARKET has a suitable 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: NEW SEASONS MARKET offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: NEW SEASONS MARKET has a solid 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: NEW SEASONS MARKET 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: NEW SEASONS MARKET has an exceptional 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: NEW SEASONS MARKET offers an excellent life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: NEW SEASONS MARKET realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why NEW SEASONS MARKET has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: NEW SEASONS MARKET believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why NEW SEASONS MARKET offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: NEW SEASONS MARKET has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NEW SEASONS MARKET | Industry | Oregon |
|---|---|---|---|
| 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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