This report analyzes and compares UNIVERSAL PICTURES' 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
UNIVERSAL PICTURES offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. UNIVERSAL PICTURES believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: UNIVERSAL PICTURES continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that UNIVERSAL PICTURES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: UNIVERSAL PICTURES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: UNIVERSAL PICTURES encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, UNIVERSAL PICTURES 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: UNIVERSAL PICTURES has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: UNIVERSAL PICTURES is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, UNIVERSAL PICTURES ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: UNIVERSAL PICTURES is aware of the difficulties that new employees might experience when they join the team. That's why UNIVERSAL PICTURES 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, UNIVERSAL PICTURES implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: UNIVERSAL PICTURES has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at UNIVERSAL PICTURES.
Benefit | UNIVERSAL PICTURES | Industry | California |
|---|---|---|---|
| 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
UNIVERSAL PICTURES 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 UNIVERSAL PICTURES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: UNIVERSAL PICTURES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why UNIVERSAL PICTURES implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: UNIVERSAL PICTURES offers a suitable 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: UNIVERSAL PICTURES 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: In an effort to improve the wellbeing and quality of life of its team members, UNIVERSAL PICTURES offers suitable 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: To financially help its team members with medical emergencies, UNIVERSAL PICTURES offers a good healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: UNIVERSAL PICTURES has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: UNIVERSAL PICTURES has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: UNIVERSAL PICTURES has an extraordinary 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 | UNIVERSAL PICTURES | Industry | California |
|---|---|---|---|
| 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
UNIVERSAL PICTURES 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: UNIVERSAL PICTURES has a first-class 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. UNIVERSAL PICTURES 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 first-class UNIVERSAL PICTURES has Matching program that matches 75% of employees' contributions. Whatever UNIVERSAL PICTURES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave UNIVERSAL PICTURES. Recognizing that every team member is unique, with specific needs and goals, UNIVERSAL PICTURES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: UNIVERSAL PICTURES does not offer adoption assistance reimbursement.
- BONUS PAY: UNIVERSAL PICTURES offers superior bonuses to team members who excel in their field of work, provide extraordinary results for UNIVERSAL PICTURES, and encourage others to do the same.
- CHILDCARE DISCOUNT: UNIVERSAL PICTURES has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: UNIVERSAL PICTURES 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: UNIVERSAL PICTURES offers a first-class 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: UNIVERSAL PICTURES offers a top-notch 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: UNIVERSAL PICTURES offers a good life insurance policy to its team members for an affordable price. UNIVERSAL PICTURES 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: UNIVERSAL PICTURES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why UNIVERSAL PICTURES has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: UNIVERSAL PICTURES does not offer paid volunteer time off.
- PARENTAL LEAVE: UNIVERSAL PICTURES has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | UNIVERSAL PICTURES | Industry | California |
|---|---|---|---|
| 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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