This report analyzes and compares PRECISION CASTPARTS' 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
PRECISION CASTPARTS 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 PRECISION CASTPARTS. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PRECISION CASTPARTS offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, PRECISION CASTPARTS makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: PRECISION CASTPARTS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: PRECISION CASTPARTS offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: PRECISION CASTPARTS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: PRECISION CASTPARTS offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by PRECISION CASTPARTS 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 PRECISION CASTPARTS offers an impressive 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, PRECISION CASTPARTS implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: PRECISION CASTPARTS 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 | PRECISION CASTPARTS | 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
PRECISION CASTPARTS 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 PRECISION CASTPARTS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PRECISION CASTPARTS does not offer counseling.
- DENTAL PLAN: Team members at PRECISION CASTPARTS have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PRECISION CASTPARTS partially pays for dentures and braces as well.
- HEALTH INSURANCE: PRECISION CASTPARTS offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PRECISION CASTPARTS offers its team members top-notch health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. PRECISION CASTPARTS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: PRECISION CASTPARTS 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: PRECISION CASTPARTS has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: PRECISION CASTPARTS does not offer telehealth.
- VISION PLAN: PRECISION CASTPARTS has an outstanding 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 | PRECISION CASTPARTS | 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
PRECISION CASTPARTS 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: PRECISION CASTPARTS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PRECISION CASTPARTS has a remarkable 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 PRECISION CASTPARTS.
- BONUS PAY: PRECISION CASTPARTS has a solid 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: PRECISION CASTPARTS has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: PRECISION CASTPARTS offers excellent commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: PRECISION CASTPARTS 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: PRECISION CASTPARTS has an excellent 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: PRECISION CASTPARTS offers a great life insurance policy to its team members for an affordable price. PRECISION CASTPARTS 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: PRECISION CASTPARTS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why PRECISION CASTPARTS has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: PRECISION CASTPARTS believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why PRECISION CASTPARTS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: PRECISION CASTPARTS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PRECISION CASTPARTS | 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 |
Improve this report:
We have prepared PRECISION CASTPARTS' 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.