This report analyzes and compares TUMBLEWEED's employee health insurance and employee benefits with its industry and in Kentucky 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
TUMBLEWEED offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. TUMBLEWEED 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: TUMBLEWEED offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, TUMBLEWEED makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: TUMBLEWEED offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: TUMBLEWEED encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, TUMBLEWEED supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: TUMBLEWEED has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: TUMBLEWEED offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by TUMBLEWEED to grow as leaders and learn how to make tough calls.
- ONBOARDING: TUMBLEWEED does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, TUMBLEWEED implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: TUMBLEWEED has a suitable 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 | TUMBLEWEED | Industry | Kentucky |
|---|---|---|---|
| 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
TUMBLEWEED has great health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers great dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a great healthcare spending account at their disposal.
- COUNSELING: TUMBLEWEED does not offer counseling.
- DENTAL PLAN: TUMBLEWEED 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: TUMBLEWEED offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: TUMBLEWEED does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: TUMBLEWEED 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, TUMBLEWEED has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: TUMBLEWEED does not offer telehealth.
- VISION PLAN: TUMBLEWEED offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | TUMBLEWEED | Industry | Kentucky |
|---|---|---|---|
| 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
TUMBLEWEED 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: TUMBLEWEED has a remarkable 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. TUMBLEWEED provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a remarkable TUMBLEWEED has Matching program that matches 75% of employees' contributions. Whatever TUMBLEWEED contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave TUMBLEWEED. Recognizing that every team member is unique, with specific needs and goals, TUMBLEWEED keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: TUMBLEWEED has a remarkable 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 TUMBLEWEED.
- BONUS PAY: TUMBLEWEED has an exceptional 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: TUMBLEWEED does not offer childcare discount.
- COMMUTER BENEFIT: TUMBLEWEED has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: TUMBLEWEED 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: TUMBLEWEED offers a superb 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: TUMBLEWEED has a superior 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: TUMBLEWEED has an impressive 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: TUMBLEWEED has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, TUMBLEWEED stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: TUMBLEWEED has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TUMBLEWEED | Industry | Kentucky |
|---|---|---|---|
| 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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