This report analyzes and compares SAMSUNG DEVELOPERS' employee health insurance and employee benefits with its industry and in Hawaii 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
SAMSUNG DEVELOPERS offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SAMSUNG DEVELOPERS believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: SAMSUNG DEVELOPERS offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SAMSUNG DEVELOPERS makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: SAMSUNG DEVELOPERS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: impressive development resources are what allows SAMSUNG DEVELOPERS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: SAMSUNG DEVELOPERS has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: SAMSUNG DEVELOPERS does not offer leadership programs.
- ONBOARDING: SAMSUNG DEVELOPERS offers a first-class 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: Aware of the fact that its team members work hard, SAMSUNG DEVELOPERS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SAMSUNG DEVELOPERS has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SAMSUNG DEVELOPERS.
Benefit | SAMSUNG DEVELOPERS | Industry | Hawaii |
|---|---|---|---|
| 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
SAMSUNG DEVELOPERS offers superior 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 SAMSUNG DEVELOPERS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SAMSUNG DEVELOPERS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SAMSUNG DEVELOPERS implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: SAMSUNG DEVELOPERS 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: SAMSUNG DEVELOPERS provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: SAMSUNG DEVELOPERS offers its team members first-class 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. SAMSUNG DEVELOPERS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SAMSUNG DEVELOPERS offers an outstanding 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: SAMSUNG DEVELOPERS has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: SAMSUNG DEVELOPERS does not offer telehealth.
- VISION PLAN: SAMSUNG DEVELOPERS provides a remarkable Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | SAMSUNG DEVELOPERS | Industry | Hawaii |
|---|---|---|---|
| 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
SAMSUNG DEVELOPERS offers remarkable financial benefits for employees and their family members. A remarkable 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: SAMSUNG DEVELOPERS has a first-class 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. SAMSUNG DEVELOPERS 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 first-class SAMSUNG DEVELOPERS has Matching program that matches 75% of employees' contributions. Whatever SAMSUNG DEVELOPERS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SAMSUNG DEVELOPERS. Recognizing that every team member is unique, with specific needs and goals, SAMSUNG DEVELOPERS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SAMSUNG DEVELOPERS has an extraordinary Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: SAMSUNG DEVELOPERS 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: SAMSUNG DEVELOPERS has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: SAMSUNG DEVELOPERS acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SAMSUNG DEVELOPERS 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: SAMSUNG DEVELOPERS has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SAMSUNG DEVELOPERS 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: SAMSUNG DEVELOPERS has an extraordinary 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: SAMSUNG DEVELOPERS has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SAMSUNG DEVELOPERS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SAMSUNG DEVELOPERS has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SAMSUNG DEVELOPERS | Industry | Hawaii |
|---|---|---|---|
| 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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