This report analyzes and compares U-START BUSINESSUBATOR's employee health insurance and employee benefits with its industry and in New York 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
U-START BUSINESSUBATOR offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. U-START BUSINESSUBATOR believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: U-START BUSINESSUBATOR believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. U-START BUSINESSUBATOR has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: U-START BUSINESSUBATOR does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: U-START BUSINESSUBATOR encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, U-START BUSINESSUBATOR supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: U-START BUSINESSUBATOR has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: U-START BUSINESSUBATOR is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, U-START BUSINESSUBATOR ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: U-START BUSINESSUBATOR offers a remarkable Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: U-START BUSINESSUBATOR has a superb Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: U-START BUSINESSUBATOR does not offer tuition reimbursement.
Benefit | U-START BUSINESSUBATOR | Industry | New York |
|---|---|---|---|
| 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
U-START BUSINESSUBATOR 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 U-START BUSINESSUBATOR's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: U-START BUSINESSUBATOR is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why U-START BUSINESSUBATOR implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR provides an exceptional 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, U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR offers an exceptional 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: U-START BUSINESSUBATOR offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: U-START BUSINESSUBATOR has an exceptional 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: U-START BUSINESSUBATOR provides a superb 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 | U-START BUSINESSUBATOR | Industry | New York |
|---|---|---|---|
| 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
U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR knows how important it is to think about retirement and start saving on time. That's why it offers a solid 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and U-START BUSINESSUBATOR will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, U-START BUSINESSUBATOR provides resources which will help team members decide what to do with their 401(k) plan. U-START BUSINESSUBATOR offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR offers superb bonuses to team members who excel in their field of work, provide extraordinary results for U-START BUSINESSUBATOR, and encourage others to do the same.
- CHILDCARE DISCOUNT: U-START BUSINESSUBATOR does not offer childcare discount.
- COMMUTER BENEFIT: U-START BUSINESSUBATOR offers excellent commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: U-START BUSINESSUBATOR offers a superior 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: U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR offers a great life insurance policy to its team members for an affordable price. U-START BUSINESSUBATOR 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: U-START BUSINESSUBATOR wants for its team members to lead a happy and fulfilled life so it has a valuable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: U-START BUSINESSUBATOR has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, U-START BUSINESSUBATOR stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: U-START BUSINESSUBATOR has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | U-START BUSINESSUBATOR | Industry | New York |
|---|---|---|---|
| 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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