This report analyzes and compares SIEMENS TECHNOLOGY-TO-BUSINESS' employee health insurance and employee benefits with its industry and in California 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
SIEMENS TECHNOLOGY-TO-BUSINESS offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SIEMENS TECHNOLOGY-TO-BUSINESS believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: SIEMENS TECHNOLOGY-TO-BUSINESS believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. SIEMENS TECHNOLOGY-TO-BUSINESS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: SIEMENS TECHNOLOGY-TO-BUSINESS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SIEMENS TECHNOLOGY-TO-BUSINESS encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, SIEMENS TECHNOLOGY-TO-BUSINESS 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: SIEMENS TECHNOLOGY-TO-BUSINESS has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: SIEMENS TECHNOLOGY-TO-BUSINESS does not offer leadership programs.
- 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 SIEMENS TECHNOLOGY-TO-BUSINESS 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, SIEMENS TECHNOLOGY-TO-BUSINESS implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SIEMENS TECHNOLOGY-TO-BUSINESS realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | SIEMENS TECHNOLOGY-TO-BUSINESS | Industry | California |
|---|---|---|---|
| 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
SIEMENS TECHNOLOGY-TO-BUSINESS 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 SIEMENS TECHNOLOGY-TO-BUSINESS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SIEMENS TECHNOLOGY-TO-BUSINESS has an extraordinary counseling program for its employees and their family members. Team members are encouraged by SIEMENS TECHNOLOGY-TO-BUSINESS 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 SIEMENS TECHNOLOGY-TO-BUSINESS 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. SIEMENS TECHNOLOGY-TO-BUSINESS partially pays for dentures and braces as well.
- HEALTH INSURANCE: SIEMENS TECHNOLOGY-TO-BUSINESS provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: SIEMENS TECHNOLOGY-TO-BUSINESS 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. SIEMENS TECHNOLOGY-TO-BUSINESS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SIEMENS TECHNOLOGY-TO-BUSINESS has a first-class 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, SIEMENS TECHNOLOGY-TO-BUSINESS has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: SIEMENS TECHNOLOGY-TO-BUSINESS has implemented a superb telehealth policy for its members to use any time of the day, every single day. SIEMENS TECHNOLOGY-TO-BUSINESS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SIEMENS TECHNOLOGY-TO-BUSINESS offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | SIEMENS TECHNOLOGY-TO-BUSINESS | Industry | California |
|---|---|---|---|
| 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
SIEMENS TECHNOLOGY-TO-BUSINESS offers top-notch financial benefits for employees and their family members. A top-notch 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: SIEMENS TECHNOLOGY-TO-BUSINESS has a remarkable 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. SIEMENS TECHNOLOGY-TO-BUSINESS 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 remarkable SIEMENS TECHNOLOGY-TO-BUSINESS has Matching program that matches 75% of employees' contributions. Whatever SIEMENS TECHNOLOGY-TO-BUSINESS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SIEMENS TECHNOLOGY-TO-BUSINESS. Recognizing that every team member is unique, with specific needs and goals, SIEMENS TECHNOLOGY-TO-BUSINESS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIEMENS TECHNOLOGY-TO-BUSINESS does not offer adoption assistance reimbursement.
- BONUS PAY: SIEMENS TECHNOLOGY-TO-BUSINESS has an exceptional bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: SIEMENS TECHNOLOGY-TO-BUSINESS cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: SIEMENS TECHNOLOGY-TO-BUSINESS offers impressive 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: SIEMENS TECHNOLOGY-TO-BUSINESS has a suitable 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: SIEMENS TECHNOLOGY-TO-BUSINESS 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: SIEMENS TECHNOLOGY-TO-BUSINESS has a first-class life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: SIEMENS TECHNOLOGY-TO-BUSINESS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SIEMENS TECHNOLOGY-TO-BUSINESS has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SIEMENS TECHNOLOGY-TO-BUSINESS recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SIEMENS TECHNOLOGY-TO-BUSINESS, on volunteer work of their choice.
- PARENTAL LEAVE: SIEMENS TECHNOLOGY-TO-BUSINESS has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIEMENS TECHNOLOGY-TO-BUSINESS | Industry | California |
|---|---|---|---|
| 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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