This report analyzes and compares SMART MODULAR TECHNOLOGIES' 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
SMART MODULAR TECHNOLOGIES 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 SMART MODULAR TECHNOLOGIES. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SMART MODULAR TECHNOLOGIES offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SMART MODULAR TECHNOLOGIES makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: SMART MODULAR TECHNOLOGIES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SMART MODULAR TECHNOLOGIES encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, SMART MODULAR TECHNOLOGIES supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SMART MODULAR TECHNOLOGIES has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: SMART MODULAR TECHNOLOGIES believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that SMART MODULAR TECHNOLOGIES provides for them, employees are able to learn what makes or breaks a leader.
- 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 SMART MODULAR TECHNOLOGIES offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: SMART MODULAR TECHNOLOGIES knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to SMART MODULAR TECHNOLOGIES.
- TUITION REIMBURSEMENT: SMART MODULAR TECHNOLOGIES does not offer tuition reimbursement.
Benefit | SMART MODULAR TECHNOLOGIES | 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
SMART MODULAR TECHNOLOGIES offers top-notch 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 SMART MODULAR TECHNOLOGIES's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SMART MODULAR TECHNOLOGIES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SMART MODULAR TECHNOLOGIES implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: SMART MODULAR TECHNOLOGIES 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: SMART MODULAR TECHNOLOGIES offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, SMART MODULAR TECHNOLOGIES offers suitable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: SMART MODULAR TECHNOLOGIES offers an extraordinary 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: SMART MODULAR TECHNOLOGIES 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: SMART MODULAR TECHNOLOGIES does not offer telehealth.
- VISION PLAN: SMART MODULAR TECHNOLOGIES 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 | SMART MODULAR TECHNOLOGIES | 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
SMART MODULAR TECHNOLOGIES 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: SMART MODULAR TECHNOLOGIES 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. SMART MODULAR TECHNOLOGIES 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 SMART MODULAR TECHNOLOGIES has Matching program that matches 75% of employees' contributions. Whatever SMART MODULAR TECHNOLOGIES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SMART MODULAR TECHNOLOGIES. Recognizing that every team member is unique, with specific needs and goals, SMART MODULAR TECHNOLOGIES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SMART MODULAR TECHNOLOGIES has a top-notch Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by SMART MODULAR TECHNOLOGIES.
- BONUS PAY: SMART MODULAR TECHNOLOGIES offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for SMART MODULAR TECHNOLOGIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: SMART MODULAR TECHNOLOGIES has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: SMART MODULAR TECHNOLOGIES acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SMART MODULAR TECHNOLOGIES offers an excellent 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: SMART MODULAR TECHNOLOGIES offers a top-notch 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: SMART MODULAR TECHNOLOGIES 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: SMART MODULAR TECHNOLOGIES has an excellent 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: SMART MODULAR TECHNOLOGIES recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SMART MODULAR TECHNOLOGIES, on volunteer work of their choice.
- PARENTAL LEAVE: SMART MODULAR TECHNOLOGIES has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SMART MODULAR TECHNOLOGIES | 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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