This report analyzes and compares SIKORSKY AIRCRAFT's employee health insurance and employee benefits with its industry and in Connecticut 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
SIKORSKY AIRCRAFT has superb 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 SIKORSKY AIRCRAFT. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SIKORSKY AIRCRAFT offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SIKORSKY AIRCRAFT makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: SIKORSKY AIRCRAFT believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SIKORSKY AIRCRAFT encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, SIKORSKY AIRCRAFT supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SIKORSKY AIRCRAFT has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: SIKORSKY AIRCRAFT 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 SIKORSKY AIRCRAFT 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, SIKORSKY AIRCRAFT implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SIKORSKY AIRCRAFT does not offer tuition reimbursement.
Benefit | SIKORSKY AIRCRAFT | Industry | Connecticut |
|---|---|---|---|
| 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
SIKORSKY AIRCRAFT 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 SIKORSKY AIRCRAFT's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SIKORSKY AIRCRAFT has an extraordinary counseling program for its employees and their family members. Team members are encouraged by SIKORSKY AIRCRAFT 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: SIKORSKY AIRCRAFT offers a valuable dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: SIKORSKY AIRCRAFT offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SIKORSKY AIRCRAFT is aware of the fact that a healthy employee is a productive employee so it offers exceptional health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SIKORSKY AIRCRAFT offers a good healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, SIKORSKY AIRCRAFT has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SIKORSKY AIRCRAFT does not offer telehealth.
- VISION PLAN: SIKORSKY AIRCRAFT has an excellent 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 | SIKORSKY AIRCRAFT | Industry | Connecticut |
|---|---|---|---|
| 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
SIKORSKY AIRCRAFT 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: SIKORSKY AIRCRAFT 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. SIKORSKY AIRCRAFT 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 SIKORSKY AIRCRAFT has Matching program that matches 75% of employees' contributions. Whatever SIKORSKY AIRCRAFT contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SIKORSKY AIRCRAFT. Recognizing that every team member is unique, with specific needs and goals, SIKORSKY AIRCRAFT keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIKORSKY AIRCRAFT has an outstanding 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: SIKORSKY AIRCRAFT offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for SIKORSKY AIRCRAFT, and encourage others to do the same.
- CHILDCARE DISCOUNT: SIKORSKY AIRCRAFT does not offer childcare discount.
- COMMUTER BENEFIT: SIKORSKY AIRCRAFT acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SIKORSKY AIRCRAFT offers an outstanding 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: SIKORSKY AIRCRAFT offers a superior 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: SIKORSKY AIRCRAFT offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: SIKORSKY AIRCRAFT 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: SIKORSKY AIRCRAFT 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, SIKORSKY AIRCRAFT stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SIKORSKY AIRCRAFT has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIKORSKY AIRCRAFT | Industry | Connecticut |
|---|---|---|---|
| 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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