This report analyzes and compares SOFTSERVE's employee health insurance and employee benefits with its industry and in Texas 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
SOFTSERVE 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 SOFTSERVE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SOFTSERVE continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that SOFTSERVE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: SOFTSERVE offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: SOFTSERVE encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, SOFTSERVE supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SOFTSERVE has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: SOFTSERVE offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SOFTSERVE to grow as leaders and learn how to make tough calls.
- ONBOARDING: SOFTSERVE offers a remarkable 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: SOFTSERVE has a remarkable Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: SOFTSERVE has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SOFTSERVE.
Benefit | SOFTSERVE | Industry | Texas |
|---|---|---|---|
| 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
SOFTSERVE has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a solid healthcare spending account at their disposal.
- COUNSELING: SOFTSERVE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SOFTSERVE implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at SOFTSERVE have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SOFTSERVE partially pays for dentures and braces as well.
- HEALTH INSURANCE: SOFTSERVE offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SOFTSERVE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: SOFTSERVE 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: SOFTSERVE offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SOFTSERVE has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. SOFTSERVE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: SOFTSERVE offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | SOFTSERVE | Industry | Texas |
|---|---|---|---|
| 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 great financial benefits at SOFTSERVE. 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. SOFTSERVE offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect SOFTSERVE to partially cover the expenses.
- 401(K) PLAN: SOFTSERVE does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SOFTSERVE has a first-class 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 SOFTSERVE.
- BONUS PAY: SOFTSERVE offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for SOFTSERVE, and encourage others to do the same.
- CHILDCARE DISCOUNT: SOFTSERVE cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: SOFTSERVE has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SOFTSERVE offers a superb daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: SOFTSERVE 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: SOFTSERVE has a top-notch 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: SOFTSERVE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SOFTSERVE has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SOFTSERVE does not offer paid volunteer time off.
- PARENTAL LEAVE: SOFTSERVE has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SOFTSERVE | Industry | Texas |
|---|---|---|---|
| 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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