This report analyzes and compares THE ADVISORY BOARD COMPANY's employee health insurance and employee benefits with its industry and in DC 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
THE ADVISORY BOARD 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 THE ADVISORY BOARD COMPANY. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: THE ADVISORY BOARD COMPANY offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, THE ADVISORY BOARD COMPANY makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: THE ADVISORY BOARD COMPANY believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: THE ADVISORY BOARD COMPANY encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, THE ADVISORY BOARD COMPANY supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: THE ADVISORY BOARD COMPANY has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: THE ADVISORY BOARD COMPANY does not offer leadership programs.
- ONBOARDING: THE ADVISORY BOARD COMPANY does not offer onboarding.
- RECOGNITION PROGRAMS: THE ADVISORY BOARD COMPANY has a superb 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: THE ADVISORY BOARD COMPANY has a great Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | THE ADVISORY BOARD COMPANY | Industry | DC |
|---|---|---|---|
| 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
THE ADVISORY BOARD 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 THE ADVISORY BOARD COMPANY's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: THE ADVISORY BOARD COMPANY does not offer counseling.
- DENTAL PLAN: Team members at THE ADVISORY BOARD COMPANY have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. THE ADVISORY BOARD COMPANY partially pays for dentures and braces as well.
- HEALTH INSURANCE: THE ADVISORY BOARD COMPANY offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: THE ADVISORY BOARD COMPANY offers its team members superb 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. THE ADVISORY BOARD COMPANY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: THE ADVISORY BOARD COMPANY has a first-class 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: THE ADVISORY BOARD COMPANY offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: THE ADVISORY BOARD COMPANY does not offer telehealth.
- VISION PLAN: THE ADVISORY BOARD COMPANY has an exceptional 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 | THE ADVISORY BOARD COMPANY | Industry | DC |
|---|---|---|---|
| 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
THE ADVISORY BOARD 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: THE ADVISORY BOARD COMPANY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: THE ADVISORY BOARD COMPANY does not offer adoption assistance reimbursement.
- BONUS PAY: THE ADVISORY BOARD COMPANY has an excellent 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: THE ADVISORY BOARD COMPANY offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: THE ADVISORY BOARD COMPANY 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: THE ADVISORY BOARD COMPANY offers an exceptional daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: THE ADVISORY BOARD COMPANY offers a top-notch 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: THE ADVISORY BOARD COMPANY has a top-notch 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: THE ADVISORY BOARD COMPANY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why THE ADVISORY BOARD COMPANY has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: THE ADVISORY BOARD COMPANY recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by THE ADVISORY BOARD COMPANY, on volunteer work of their choice.
- PARENTAL LEAVE: THE ADVISORY BOARD COMPANY has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | THE ADVISORY BOARD COMPANY | Industry | DC |
|---|---|---|---|
| 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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