This report analyzes and compares NU SKIN ENTERPRISES' employee health insurance and employee benefits with its industry and in Utah 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
NU SKIN ENTERPRISES 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 NU SKIN ENTERPRISES. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NU SKIN ENTERPRISES 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. NU SKIN ENTERPRISES has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, NU SKIN ENTERPRISES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows NU SKIN ENTERPRISES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: NU SKIN ENTERPRISES has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: NU SKIN ENTERPRISES is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, NU SKIN ENTERPRISES ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: NU SKIN ENTERPRISES offers a superb Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: NU SKIN ENTERPRISES has a remarkable 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: NU SKIN ENTERPRISES realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | NU SKIN ENTERPRISES | Industry | Utah |
|---|---|---|---|
| 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
NU SKIN ENTERPRISES has good health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers good 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 good healthcare spending account at their disposal.
- COUNSELING: NU SKIN ENTERPRISES does not offer counseling.
- DENTAL PLAN: NU SKIN ENTERPRISES 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: NU SKIN ENTERPRISES offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: NU SKIN ENTERPRISES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, NU SKIN ENTERPRISES offers a great 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: Aware of the challenges that come with pregnancy, NU SKIN ENTERPRISES has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: NU SKIN ENTERPRISES has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. NU SKIN ENTERPRISES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: NU SKIN ENTERPRISES offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | NU SKIN ENTERPRISES | Industry | Utah |
|---|---|---|---|
| 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 great financial benefits at NU SKIN ENTERPRISES. 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. NU SKIN ENTERPRISES offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect NU SKIN ENTERPRISES to partially cover the expenses.
- 401(K) PLAN: NU SKIN ENTERPRISES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: NU SKIN ENTERPRISES has a first-class Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by NU SKIN ENTERPRISES.
- BONUS PAY: NU SKIN ENTERPRISES 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: NU SKIN ENTERPRISES does not offer childcare discount.
- COMMUTER BENEFIT: NU SKIN ENTERPRISES 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: NU SKIN ENTERPRISES has a good daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: NU SKIN ENTERPRISES offers a top-notch 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: NU SKIN ENTERPRISES offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: NU SKIN ENTERPRISES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why NU SKIN ENTERPRISES has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: NU SKIN ENTERPRISES recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by NU SKIN ENTERPRISES, on volunteer work of their choice.
- PARENTAL LEAVE: NU SKIN ENTERPRISES has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NU SKIN ENTERPRISES | Industry | Utah |
|---|---|---|---|
| 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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