This report analyzes and compares UNITED PARCEL SERVICE (UPS)'s employee health insurance and employee benefits with its industry and in Georgia 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
UNITED PARCEL SERVICE (UPS) has top-notch 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 UNITED PARCEL SERVICE (UPS). top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: UNITED PARCEL SERVICE (UPS) continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that UNITED PARCEL SERVICE (UPS) uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: UNITED PARCEL SERVICE (UPS) believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: UNITED PARCEL SERVICE (UPS) encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, UNITED PARCEL SERVICE (UPS) supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: UNITED PARCEL SERVICE (UPS) has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: UNITED PARCEL SERVICE (UPS) believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that UNITED PARCEL SERVICE (UPS) provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: UNITED PARCEL SERVICE (UPS) does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, UNITED PARCEL SERVICE (UPS) implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: UNITED PARCEL SERVICE (UPS) has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at UNITED PARCEL SERVICE (UPS).
Benefit | UNITED PARCEL SERVICE (UPS) | Industry | Georgia |
|---|---|---|---|
| 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
UNITED PARCEL SERVICE (UPS) 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 UNITED PARCEL SERVICE (UPS)'s top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: UNITED PARCEL SERVICE (UPS) wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: Team members at UNITED PARCEL SERVICE (UPS) 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. UNITED PARCEL SERVICE (UPS) partially pays for dentures and braces as well.
- HEALTH INSURANCE: UNITED PARCEL SERVICE (UPS) offers a superb 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, UNITED PARCEL SERVICE (UPS) offers valuable 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: UNITED PARCEL SERVICE (UPS) 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: UNITED PARCEL SERVICE (UPS) offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: UNITED PARCEL SERVICE (UPS) 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. UNITED PARCEL SERVICE (UPS) can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: UNITED PARCEL SERVICE (UPS) offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | UNITED PARCEL SERVICE (UPS) | Industry | Georgia |
|---|---|---|---|
| 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
UNITED PARCEL SERVICE (UPS) offers remarkable financial benefits for employees and their family members. A remarkable 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: UNITED PARCEL SERVICE (UPS) has an excellent 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, UNITED PARCEL SERVICE (UPS) offers an excellent 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, UNITED PARCEL SERVICE (UPS) offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: UNITED PARCEL SERVICE (UPS) 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 UNITED PARCEL SERVICE (UPS).
- BONUS PAY: UNITED PARCEL SERVICE (UPS) offers superior bonuses to team members who excel in their field of work, provide extraordinary results for UNITED PARCEL SERVICE (UPS), and encourage others to do the same.
- CHILDCARE DISCOUNT: UNITED PARCEL SERVICE (UPS) offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: UNITED PARCEL SERVICE (UPS) 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: UNITED PARCEL SERVICE (UPS) offers a superb daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: UNITED PARCEL SERVICE (UPS) 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: UNITED PARCEL SERVICE (UPS) 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: UNITED PARCEL SERVICE (UPS) 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: UNITED PARCEL SERVICE (UPS) does not offer paid volunteer time off.
- PARENTAL LEAVE: UNITED PARCEL SERVICE (UPS) has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | UNITED PARCEL SERVICE (UPS) | Industry | Georgia |
|---|---|---|---|
| 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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