This report analyzes and compares THE MCCLATCHY COMPANY's employee health insurance and employee benefits with its industry and in California 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 MCCLATCHY COMPANY offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. THE MCCLATCHY COMPANY believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: THE MCCLATCHY COMPANY offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, THE MCCLATCHY COMPANY makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: By using a good coaching and mentoring program, THE MCCLATCHY COMPANY can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: THE MCCLATCHY COMPANY encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, THE MCCLATCHY COMPANY supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: THE MCCLATCHY COMPANY has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: THE MCCLATCHY COMPANY is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, THE MCCLATCHY COMPANY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: THE MCCLATCHY COMPANY is aware of the difficulties that new employees might experience when they join the team. That's why THE MCCLATCHY COMPANY has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, THE MCCLATCHY COMPANY implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: THE MCCLATCHY 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 MCCLATCHY COMPANY | Industry | California |
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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 MCCLATCHY COMPANY 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 MCCLATCHY COMPANY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: THE MCCLATCHY 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 THE MCCLATCHY COMPANY implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at THE MCCLATCHY COMPANY 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. THE MCCLATCHY COMPANY partially pays for dentures and braces as well.
- HEALTH INSURANCE: THE MCCLATCHY 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: In an effort to improve the wellbeing and quality of life of its team members, THE MCCLATCHY COMPANY offers great health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: THE MCCLATCHY COMPANY offers an impressive 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, THE MCCLATCHY COMPANY has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: THE MCCLATCHY COMPANY has a great telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. THE MCCLATCHY COMPANY can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: THE MCCLATCHY COMPANY provides a remarkable Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | THE MCCLATCHY COMPANY | Industry | California |
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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 MCCLATCHY COMPANY offers superb financial benefits for employees and their family members. A superb 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 MCCLATCHY COMPANY has an exceptional 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, THE MCCLATCHY COMPANY offers an exceptional 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, THE MCCLATCHY COMPANY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: THE MCCLATCHY 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: THE MCCLATCHY COMPANY offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for THE MCCLATCHY COMPANY, and encourage others to do the same.
- CHILDCARE DISCOUNT: THE MCCLATCHY COMPANY cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: THE MCCLATCHY COMPANY 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: THE MCCLATCHY COMPANY offers an outstanding 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 MCCLATCHY COMPANY has an extraordinary 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: THE MCCLATCHY COMPANY offers a good life insurance policy to its team members for an affordable price. THE MCCLATCHY 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: THE MCCLATCHY 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: THE MCCLATCHY COMPANY does not offer paid volunteer time off.
- PARENTAL LEAVE: THE MCCLATCHY COMPANY has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | THE MCCLATCHY COMPANY | Industry | California |
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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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