This report analyzes and compares TOMMY HILFIGER LICENSING's employee health insurance and employee benefits with its industry and in Texas 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
TOMMY HILFIGER LICENSING 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 TOMMY HILFIGER LICENSING. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: TOMMY HILFIGER LICENSING offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, TOMMY HILFIGER LICENSING makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, TOMMY HILFIGER LICENSING can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows TOMMY HILFIGER LICENSING to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: TOMMY HILFIGER LICENSING has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: TOMMY HILFIGER LICENSING does not offer leadership programs.
- ONBOARDING: TOMMY HILFIGER LICENSING is aware of the difficulties that new employees might experience when they join the team. That's why TOMMY HILFIGER LICENSING 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, TOMMY HILFIGER LICENSING implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: TOMMY HILFIGER LICENSING realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | TOMMY HILFIGER LICENSING | Industry | Texas |
|---|---|---|---|
| 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
TOMMY HILFIGER LICENSING offers top-notch 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 TOMMY HILFIGER LICENSING's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: TOMMY HILFIGER LICENSING has an extraordinary counseling program for its employees and their family members. Team members are encouraged by TOMMY HILFIGER LICENSING 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: TOMMY HILFIGER LICENSING offers a valuable 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: TOMMY HILFIGER LICENSING offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: TOMMY HILFIGER LICENSING 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. TOMMY HILFIGER LICENSING provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: TOMMY HILFIGER LICENSING 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: TOMMY HILFIGER LICENSING offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: TOMMY HILFIGER LICENSING has a good 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. TOMMY HILFIGER LICENSING can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: TOMMY HILFIGER LICENSING has an impressive 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 | TOMMY HILFIGER LICENSING | Industry | Texas |
|---|---|---|---|
| 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
TOMMY HILFIGER LICENSING offers superior financial benefits for employees and their family members. A superior 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: TOMMY HILFIGER LICENSING has an outstanding 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, TOMMY HILFIGER LICENSING offers an outstanding 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, TOMMY HILFIGER LICENSING offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: TOMMY HILFIGER LICENSING has an extraordinary 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: TOMMY HILFIGER LICENSING has a solid 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: TOMMY HILFIGER LICENSING offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: TOMMY HILFIGER LICENSING acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: TOMMY HILFIGER LICENSING 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: TOMMY HILFIGER LICENSING offers a first-class 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: TOMMY HILFIGER LICENSING offers a valuable life insurance policy to its team members for an affordable price. TOMMY HILFIGER LICENSING 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: TOMMY HILFIGER LICENSING realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why TOMMY HILFIGER LICENSING has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: TOMMY HILFIGER LICENSING recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by TOMMY HILFIGER LICENSING, on volunteer work of their choice.
- PARENTAL LEAVE: TOMMY HILFIGER LICENSING has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TOMMY HILFIGER LICENSING | Industry | Texas |
|---|---|---|---|
| 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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