This report analyzes and compares SPORTS ILLUSTRATED's employee health insurance and employee benefits with its industry and in New York 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
SPORTS ILLUSTRATED has remarkable 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 SPORTS ILLUSTRATED. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SPORTS ILLUSTRATED continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that SPORTS ILLUSTRATED uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: SPORTS ILLUSTRATED believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SPORTS ILLUSTRATED offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: SPORTS ILLUSTRATED does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SPORTS ILLUSTRATED offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SPORTS ILLUSTRATED to grow as leaders and learn how to make tough calls.
- ONBOARDING: SPORTS ILLUSTRATED offers a top-notch 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: SPORTS ILLUSTRATED has a superior 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: SPORTS ILLUSTRATED has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SPORTS ILLUSTRATED.
Benefit | SPORTS ILLUSTRATED | Industry | New York |
|---|---|---|---|
| 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
SPORTS ILLUSTRATED 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 SPORTS ILLUSTRATED's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SPORTS ILLUSTRATED is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SPORTS ILLUSTRATED implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at SPORTS ILLUSTRATED have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SPORTS ILLUSTRATED partially pays for dentures and braces as well.
- HEALTH INSURANCE: SPORTS ILLUSTRATED offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: SPORTS ILLUSTRATED does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SPORTS ILLUSTRATED offers a great 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: SPORTS ILLUSTRATED offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SPORTS ILLUSTRATED has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. SPORTS ILLUSTRATED covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SPORTS ILLUSTRATED has an impressive 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 | SPORTS ILLUSTRATED | Industry | New York |
|---|---|---|---|
| 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
SPORTS ILLUSTRATED offers superb financial benefits for employees and their family members. A superb 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: SPORTS ILLUSTRATED does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SPORTS ILLUSTRATED has an impressive 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: SPORTS ILLUSTRATED has a solid bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: SPORTS ILLUSTRATED offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SPORTS ILLUSTRATED offers exceptional 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: SPORTS ILLUSTRATED 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: SPORTS ILLUSTRATED offers a first-class 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: SPORTS ILLUSTRATED offers a good life insurance policy to its team members for an affordable price. SPORTS ILLUSTRATED 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: SPORTS ILLUSTRATED realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SPORTS ILLUSTRATED has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SPORTS ILLUSTRATED has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SPORTS ILLUSTRATED stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SPORTS ILLUSTRATED has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SPORTS ILLUSTRATED | Industry | New York |
|---|---|---|---|
| 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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