This report analyzes and compares ROCK SHOX's employee health insurance and employee benefits with its industry and in Illinois 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
ROCK SHOX has top-notch 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 ROCK SHOX. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ROCK SHOX continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that ROCK SHOX uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ROCK SHOX does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: ROCK SHOX encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, ROCK SHOX supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ROCK SHOX has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ROCK SHOX offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ROCK SHOX to grow as leaders and learn how to make tough calls.
- ONBOARDING: ROCK SHOX offers a remarkable 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: ROCK SHOX 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: ROCK SHOX has a solid 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 | ROCK SHOX | Industry | Illinois |
|---|---|---|---|
| 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
ROCK SHOX offers first-class 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 ROCK SHOX's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ROCK SHOX has an extraordinary counseling program for its employees and their family members. Team members are encouraged by ROCK SHOX 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 extraordinary 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 ROCK SHOX have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. ROCK SHOX partially pays for dentures and braces as well.
- HEALTH INSURANCE: ROCK SHOX offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ROCK SHOX does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: ROCK SHOX offers an exceptional healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, ROCK SHOX has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: ROCK SHOX does not offer telehealth.
- VISION PLAN: ROCK SHOX 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 | ROCK SHOX | Industry | Illinois |
|---|---|---|---|
| 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 suitable financial benefits at ROCK SHOX. 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. ROCK SHOX offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect ROCK SHOX to partially cover the expenses.
- 401(K) PLAN: ROCK SHOX knows how important it is to think about retirement and start saving on time. That's why it offers a great 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and ROCK SHOX will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, ROCK SHOX provides resources which will help team members decide what to do with their 401(k) plan. ROCK SHOX offers a great vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: ROCK SHOX does not offer adoption assistance reimbursement.
- BONUS PAY: ROCK SHOX 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: ROCK SHOX does not offer childcare discount.
- COMMUTER BENEFIT: ROCK SHOX has a great 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: ROCK SHOX offers a top-notch 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: ROCK SHOX offers a remarkable 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: ROCK SHOX offers a great life insurance policy to its team members for an affordable price. ROCK SHOX 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: ROCK SHOX wants for its team members to lead a happy and fulfilled life so it has a good vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: ROCK SHOX believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ROCK SHOX offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ROCK SHOX has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ROCK SHOX | Industry | Illinois |
|---|---|---|---|
| 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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