This report analyzes and compares OTG's employee health insurance and employee benefits with its industry and in New York 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
OTG offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. OTG 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: OTG offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, OTG makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: By using a good coaching and mentoring program, OTG can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: OTG encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, OTG 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: OTG does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: OTG believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that OTG provides for them, employees are able to learn what makes or breaks a leader.
- 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 OTG offers an outstanding 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, OTG implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: OTG does not offer tuition reimbursement.
Benefit | OTG | Industry | New York |
|---|---|---|---|
| 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
OTG offers top-notch 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 OTG's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: OTG has an impressive counseling program for its employees and their family members. Team members are encouraged by OTG to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at OTG have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. OTG partially pays for dentures and braces as well.
- HEALTH INSURANCE: OTG offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: OTG does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, OTG 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: Aware of the challenges that come with pregnancy, OTG has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: OTG has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. OTG covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: OTG has an impressive Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | OTG | Industry | New York |
|---|---|---|---|
| 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
OTG offers first-class financial benefits for employees and their family members. A first-class 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: OTG has a superb 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. OTG 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 superb OTG has Matching program that matches 75% of employees' contributions. Whatever OTG contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave OTG. Recognizing that every team member is unique, with specific needs and goals, OTG keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: OTG does not offer adoption assistance reimbursement.
- BONUS PAY: OTG has a great 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: OTG offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: OTG 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: OTG offers an exceptional 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: OTG has an impressive 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: OTG offers a suitable life insurance policy to its team members for an affordable price. OTG 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: OTG has an exceptional 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: OTG has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, OTG stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: OTG has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | OTG | Industry | New York |
|---|---|---|---|
| 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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