This report analyzes and compares SCHNUCK MARKETS' employee health insurance and employee benefits with its industry and in Missouri 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
SCHNUCK MARKETS offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SCHNUCK MARKETS 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: SCHNUCK MARKETS believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. SCHNUCK MARKETS has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: SCHNUCK MARKETS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SCHNUCK MARKETS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: SCHNUCK MARKETS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SCHNUCK MARKETS does not offer leadership programs.
- ONBOARDING: SCHNUCK MARKETS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, SCHNUCK MARKETS implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SCHNUCK MARKETS 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 SCHNUCK MARKETS.
Benefit | SCHNUCK MARKETS | Industry | Missouri |
|---|---|---|---|
| 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
SCHNUCK MARKETS provides outstanding health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an outstanding maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: SCHNUCK MARKETS has an outstanding counseling program for its employees and their family members. Team members are encouraged by SCHNUCK MARKETS 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 outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: SCHNUCK MARKETS cares about its team members' dental health so it offers an exceptional 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: SCHNUCK MARKETS provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: SCHNUCK MARKETS 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. SCHNUCK MARKETS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SCHNUCK MARKETS has a remarkable 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: Aware of the challenges that come with pregnancy, SCHNUCK MARKETS has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: SCHNUCK MARKETS has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: SCHNUCK MARKETS 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 | SCHNUCK MARKETS | Industry | Missouri |
|---|---|---|---|
| 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 solid financial benefits at SCHNUCK MARKETS. 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. SCHNUCK MARKETS offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect SCHNUCK MARKETS to partially cover the expenses.
- 401(K) PLAN: SCHNUCK MARKETS 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 SCHNUCK MARKETS 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, SCHNUCK MARKETS provides resources which will help team members decide what to do with their 401(k) plan. SCHNUCK MARKETS offers a great vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: SCHNUCK MARKETS has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: SCHNUCK MARKETS offers superb bonuses to team members who excel in their field of work, provide extraordinary results for SCHNUCK MARKETS, and encourage others to do the same.
- CHILDCARE DISCOUNT: SCHNUCK MARKETS does not offer childcare discount.
- COMMUTER BENEFIT: SCHNUCK MARKETS acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SCHNUCK MARKETS offers an extraordinary 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: SCHNUCK MARKETS has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SCHNUCK MARKETS offers a suitable life insurance policy to its team members for an affordable price. SCHNUCK MARKETS 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: SCHNUCK MARKETS 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: SCHNUCK MARKETS recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SCHNUCK MARKETS, on volunteer work of their choice.
- PARENTAL LEAVE: SCHNUCK MARKETS has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SCHNUCK MARKETS | Industry | Missouri |
|---|---|---|---|
| 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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