This report analyzes and compares STANDARD AND POOR'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
STANDARD AND POOR'S offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. STANDARD AND POOR'S believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: STANDARD AND POOR'S believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. STANDARD AND POOR'S has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: STANDARD AND POOR'S does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: STANDARD AND POOR'S encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, STANDARD AND POOR'S supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: STANDARD AND POOR'S does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: STANDARD AND POOR'S believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that STANDARD AND POOR'S provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: STANDARD AND POOR'S offers a superb 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: STANDARD AND POOR'S knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to STANDARD AND POOR'S.
- TUITION REIMBURSEMENT: STANDARD AND POOR'S does not offer tuition reimbursement.
Benefit | STANDARD AND POOR'S | 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
STANDARD AND POOR'S 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 STANDARD AND POOR'S's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STANDARD AND POOR'S has an excellent counseling program for its employees and their family members. Team members are encouraged by STANDARD AND POOR'S 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 excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: STANDARD AND POOR'S cares about its team members' dental health so it offers an outstanding 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: STANDARD AND POOR'S 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, STANDARD AND POOR'S offers good 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: STANDARD AND POOR'S has a superb 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, STANDARD AND POOR'S has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: STANDARD AND POOR'S does not offer telehealth.
- VISION PLAN: STANDARD AND POOR'S offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | STANDARD AND POOR'S | 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
STANDARD AND POOR'S 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: STANDARD AND POOR'S has an extraordinary 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, STANDARD AND POOR'S offers an extraordinary program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, STANDARD AND POOR'S offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: STANDARD AND POOR'S does not offer adoption assistance reimbursement.
- BONUS PAY: STANDARD AND POOR'S has an extraordinary 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: STANDARD AND POOR'S offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: STANDARD AND POOR'S has a solid 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: STANDARD AND POOR'S offers a top-notch 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: STANDARD AND POOR'S has an exceptional disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: STANDARD AND POOR'S offers a good life insurance policy to its team members for an affordable price. STANDARD AND POOR'S 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: STANDARD AND POOR'S has an impressive 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: STANDARD AND POOR'S 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, STANDARD AND POOR'S stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: STANDARD AND POOR'S has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STANDARD AND POOR'S | 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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