This report analyzes and compares THE GEO GROUP's employee health insurance and employee benefits with its industry and in Florida 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 GEO GROUP offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. THE GEO GROUP 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: THE GEO GROUP offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, THE GEO GROUP makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: THE GEO GROUP does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: THE GEO GROUP encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, THE GEO GROUP 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 GEO GROUP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: THE GEO GROUP is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, THE GEO GROUP ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: THE GEO GROUP 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: THE GEO GROUP knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to THE GEO GROUP.
- TUITION REIMBURSEMENT: THE GEO GROUP has a solid 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 GEO GROUP | Industry | Florida |
|---|---|---|---|
| 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 GEO GROUP offers superior 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 GEO GROUP's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: THE GEO GROUP has an excellent counseling program for its employees and their family members. Team members are encouraged by THE GEO GROUP 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: THE GEO GROUP offers a great dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: THE GEO GROUP provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: THE GEO GROUP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: THE GEO GROUP 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: THE GEO GROUP offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: THE GEO GROUP does not offer telehealth.
- VISION PLAN: THE GEO GROUP 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 | THE GEO GROUP | Industry | Florida |
|---|---|---|---|
| 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 suitable financial benefits at THE GEO GROUP. 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. THE GEO GROUP offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect THE GEO GROUP to partially cover the expenses.
- 401(K) PLAN: THE GEO GROUP knows how important it is to think about retirement and start saving on time. That's why it offers a solid 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 THE GEO GROUP 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, THE GEO GROUP provides resources which will help team members decide what to do with their 401(k) plan. THE GEO GROUP offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: THE GEO GROUP does not offer adoption assistance reimbursement.
- BONUS PAY: THE GEO GROUP has a good 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: THE GEO GROUP cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: THE GEO GROUP 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: THE GEO GROUP offers an extraordinary 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 GEO GROUP has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: THE GEO GROUP offers an excellent life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: THE GEO GROUP wants for its team members to lead a happy and fulfilled life so it has a valuable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: THE GEO GROUP does not offer paid volunteer time off.
- PARENTAL LEAVE: THE GEO GROUP has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | THE GEO GROUP | Industry | Florida |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared THE GEO GROUP's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.