This report analyzes and compares SVN NORTHCO: SHARED VALUE NETWORK'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
SVN NORTHCO: SHARED VALUE NETWORK 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 SVN NORTHCO: SHARED VALUE NETWORK. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SVN NORTHCO: SHARED VALUE NETWORK offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SVN NORTHCO: SHARED VALUE NETWORK makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: SVN NORTHCO: SHARED VALUE NETWORK believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SVN NORTHCO: SHARED VALUE NETWORK encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, SVN NORTHCO: SHARED VALUE NETWORK 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: SVN NORTHCO: SHARED VALUE NETWORK has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: SVN NORTHCO: SHARED VALUE NETWORK is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, SVN NORTHCO: SHARED VALUE NETWORK ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: SVN NORTHCO: SHARED VALUE NETWORK is aware of the difficulties that new employees might experience when they join the team. That's why SVN NORTHCO: SHARED VALUE NETWORK has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: SVN NORTHCO: SHARED VALUE NETWORK has a top-notch 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: SVN NORTHCO: SHARED VALUE NETWORK does not offer tuition reimbursement.
Benefit | SVN NORTHCO: SHARED VALUE NETWORK | 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
SVN NORTHCO: SHARED VALUE NETWORK offers remarkable 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 SVN NORTHCO: SHARED VALUE NETWORK's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SVN NORTHCO: SHARED VALUE NETWORK has an impressive counseling program for its employees and their family members. Team members are encouraged by SVN NORTHCO: SHARED VALUE NETWORK 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 impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at SVN NORTHCO: SHARED VALUE NETWORK have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SVN NORTHCO: SHARED VALUE NETWORK partially pays for dentures and braces as well.
- HEALTH INSURANCE: SVN NORTHCO: SHARED VALUE NETWORK offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SVN NORTHCO: SHARED VALUE NETWORK is aware of the fact that a healthy employee is a productive employee so it offers exceptional health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: SVN NORTHCO: SHARED VALUE NETWORK 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: Aware of the challenges that come with pregnancy, SVN NORTHCO: SHARED VALUE NETWORK has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SVN NORTHCO: SHARED VALUE NETWORK does not offer telehealth.
- VISION PLAN: SVN NORTHCO: SHARED VALUE NETWORK 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 | SVN NORTHCO: SHARED VALUE NETWORK | 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
SVN NORTHCO: SHARED VALUE NETWORK 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: SVN NORTHCO: SHARED VALUE NETWORK knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and SVN NORTHCO: SHARED VALUE NETWORK will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, SVN NORTHCO: SHARED VALUE NETWORK provides resources which will help team members decide what to do with their 401(k) plan. SVN NORTHCO: SHARED VALUE NETWORK offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: SVN NORTHCO: SHARED VALUE NETWORK does not offer adoption assistance reimbursement.
- BONUS PAY: SVN NORTHCO: SHARED VALUE NETWORK offers superior bonuses to team members who excel in their field of work, provide extraordinary results for SVN NORTHCO: SHARED VALUE NETWORK, and encourage others to do the same.
- CHILDCARE DISCOUNT: SVN NORTHCO: SHARED VALUE NETWORK has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: SVN NORTHCO: SHARED VALUE NETWORK acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SVN NORTHCO: SHARED VALUE NETWORK has a good 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: SVN NORTHCO: SHARED VALUE NETWORK 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: SVN NORTHCO: SHARED VALUE NETWORK has a first-class 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: SVN NORTHCO: SHARED VALUE NETWORK has an exceptional 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: SVN NORTHCO: SHARED VALUE NETWORK believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SVN NORTHCO: SHARED VALUE NETWORK offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SVN NORTHCO: SHARED VALUE NETWORK has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SVN NORTHCO: SHARED VALUE NETWORK | 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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