This report analyzes and compares NORTHWESTERN ENERGY's employee health insurance and employee benefits with its industry and in South Dakota 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
NORTHWESTERN ENERGY 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 NORTHWESTERN ENERGY. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NORTHWESTERN ENERGY offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, NORTHWESTERN ENERGY makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: NORTHWESTERN ENERGY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: NORTHWESTERN ENERGY offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: NORTHWESTERN ENERGY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: NORTHWESTERN ENERGY offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by NORTHWESTERN ENERGY 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 NORTHWESTERN ENERGY offers an exceptional 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, NORTHWESTERN ENERGY implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: NORTHWESTERN ENERGY realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | NORTHWESTERN ENERGY | Industry | South Dakota |
|---|---|---|---|
| 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
NORTHWESTERN ENERGY offers superb 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 NORTHWESTERN ENERGY's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NORTHWESTERN ENERGY wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class 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: NORTHWESTERN ENERGY cares about its team members' dental health so it offers an extraordinary 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: NORTHWESTERN ENERGY provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: NORTHWESTERN ENERGY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, NORTHWESTERN ENERGY offers a valuable 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: NORTHWESTERN ENERGY offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: NORTHWESTERN ENERGY 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. NORTHWESTERN ENERGY can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: NORTHWESTERN ENERGY 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 | NORTHWESTERN ENERGY | Industry | South Dakota |
|---|---|---|---|
| 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
NORTHWESTERN ENERGY 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: NORTHWESTERN ENERGY 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. NORTHWESTERN ENERGY 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 NORTHWESTERN ENERGY has Matching program that matches 75% of employees' contributions. Whatever NORTHWESTERN ENERGY contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave NORTHWESTERN ENERGY. Recognizing that every team member is unique, with specific needs and goals, NORTHWESTERN ENERGY keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: NORTHWESTERN ENERGY does not offer adoption assistance reimbursement.
- BONUS PAY: NORTHWESTERN ENERGY has a valuable 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: NORTHWESTERN ENERGY does not offer childcare discount.
- COMMUTER BENEFIT: NORTHWESTERN ENERGY 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: NORTHWESTERN ENERGY offers an extraordinary daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: NORTHWESTERN ENERGY has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: NORTHWESTERN ENERGY 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: NORTHWESTERN ENERGY has an excellent 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: NORTHWESTERN ENERGY does not offer paid volunteer time off.
- PARENTAL LEAVE: NORTHWESTERN ENERGY has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NORTHWESTERN ENERGY | Industry | South Dakota |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared NORTHWESTERN ENERGY's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.