This report analyzes and compares SWAGELOK COMPANY's employee health insurance and employee benefits with its industry and in Ohio 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
SWAGELOK COMPANY 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 SWAGELOK COMPANY. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SWAGELOK COMPANY offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SWAGELOK COMPANY makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: By using a great coaching and mentoring program, SWAGELOK COMPANY can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: SWAGELOK COMPANY offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: SWAGELOK COMPANY has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: SWAGELOK COMPANY is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, SWAGELOK COMPANY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: SWAGELOK COMPANY 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: SWAGELOK COMPANY knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to SWAGELOK COMPANY.
- TUITION REIMBURSEMENT: SWAGELOK COMPANY 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 SWAGELOK COMPANY.
Benefit | SWAGELOK COMPANY | Industry | Ohio |
|---|---|---|---|
| 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
SWAGELOK 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 SWAGELOK COMPANY's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SWAGELOK COMPANY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SWAGELOK COMPANY implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: SWAGELOK 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: SWAGELOK COMPANY provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: SWAGELOK COMPANY offers its team members first-class health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. SWAGELOK COMPANY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SWAGELOK COMPANY offers an outstanding 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: SWAGELOK COMPANY has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: SWAGELOK COMPANY has an outstanding 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: SWAGELOK COMPANY has an excellent 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 | SWAGELOK COMPANY | Industry | Ohio |
|---|---|---|---|
| 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 valuable financial benefits at SWAGELOK COMPANY. 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. SWAGELOK COMPANY offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect SWAGELOK COMPANY to partially cover the expenses.
- 401(K) PLAN: SWAGELOK COMPANY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SWAGELOK COMPANY has a top-notch 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 SWAGELOK COMPANY.
- BONUS PAY: SWAGELOK COMPANY has a valuable 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: SWAGELOK COMPANY offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SWAGELOK COMPANY acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SWAGELOK COMPANY 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: SWAGELOK COMPANY has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SWAGELOK COMPANY offers a solid life insurance policy to its team members for an affordable price. SWAGELOK COMPANY 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: SWAGELOK COMPANY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SWAGELOK COMPANY has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SWAGELOK COMPANY has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SWAGELOK COMPANY stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SWAGELOK COMPANY has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SWAGELOK COMPANY | Industry | Ohio |
|---|---|---|---|
| 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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