This report analyzes and compares STOP & SHOP SUPERMARKET COMPANY's employee health insurance and employee benefits with its industry and in Massachusetts 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
STOP & SHOP SUPERMARKET COMPANY has first-class 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 STOP & SHOP SUPERMARKET COMPANY. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: STOP & SHOP SUPERMARKET COMPANY continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that STOP & SHOP SUPERMARKET COMPANY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: STOP & SHOP SUPERMARKET COMPANY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: STOP & SHOP SUPERMARKET COMPANY encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, STOP & SHOP SUPERMARKET COMPANY 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: STOP & SHOP SUPERMARKET COMPANY has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: STOP & SHOP SUPERMARKET COMPANY offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by STOP & SHOP SUPERMARKET COMPANY to grow as leaders and learn how to make tough calls.
- ONBOARDING: STOP & SHOP SUPERMARKET COMPANY offers a superior 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: STOP & SHOP SUPERMARKET COMPANY knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to STOP & SHOP SUPERMARKET COMPANY.
- TUITION REIMBURSEMENT: STOP & SHOP SUPERMARKET COMPANY does not offer tuition reimbursement.
Benefit | STOP & SHOP SUPERMARKET COMPANY | Industry | Massachusetts |
|---|---|---|---|
| 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
STOP & SHOP SUPERMARKET COMPANY 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 STOP & SHOP SUPERMARKET COMPANY's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STOP & SHOP SUPERMARKET COMPANY does not offer counseling.
- DENTAL PLAN: STOP & SHOP SUPERMARKET COMPANY cares about its team members' dental health so it offers an impressive 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: STOP & SHOP SUPERMARKET COMPANY provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: STOP & SHOP SUPERMARKET COMPANY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: STOP & SHOP SUPERMARKET COMPANY offers an exceptional 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: STOP & SHOP SUPERMARKET COMPANY has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: STOP & SHOP SUPERMARKET COMPANY has an exceptional telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: STOP & SHOP SUPERMARKET COMPANY offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | STOP & SHOP SUPERMARKET COMPANY | Industry | Massachusetts |
|---|---|---|---|
| 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
STOP & SHOP SUPERMARKET COMPANY offers top-notch financial benefits for employees and their family members. A top-notch 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: STOP & SHOP SUPERMARKET COMPANY has an outstanding 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, STOP & SHOP SUPERMARKET COMPANY offers an outstanding 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, STOP & SHOP SUPERMARKET COMPANY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: STOP & SHOP SUPERMARKET COMPANY has an excellent 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: STOP & SHOP SUPERMARKET COMPANY has a great 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: STOP & SHOP SUPERMARKET COMPANY cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: STOP & SHOP SUPERMARKET COMPANY has a great 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: STOP & SHOP SUPERMARKET COMPANY 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: STOP & SHOP SUPERMARKET COMPANY 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: STOP & SHOP SUPERMARKET COMPANY has a superb 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: STOP & SHOP SUPERMARKET COMPANY 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: STOP & SHOP SUPERMARKET COMPANY 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 STOP & SHOP SUPERMARKET COMPANY, on volunteer work of their choice.
- PARENTAL LEAVE: STOP & SHOP SUPERMARKET COMPANY has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STOP & SHOP SUPERMARKET COMPANY | Industry | Massachusetts |
|---|---|---|---|
| 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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