This report analyzes and compares VAIL RESORTS' employee health insurance and employee benefits with its industry and in Colorado 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
VAIL RESORTS 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 VAIL RESORTS. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: VAIL RESORTS continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that VAIL RESORTS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: VAIL RESORTS offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows VAIL RESORTS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: VAIL RESORTS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: VAIL RESORTS is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, VAIL RESORTS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: VAIL RESORTS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, VAIL RESORTS implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: VAIL RESORTS has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at VAIL RESORTS.
Benefit | VAIL RESORTS | Industry | Colorado |
|---|---|---|---|
| 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
VAIL RESORTS 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 VAIL RESORTS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: VAIL RESORTS does not offer counseling.
- DENTAL PLAN: Team members at VAIL RESORTS have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. VAIL RESORTS partially pays for dentures and braces as well.
- HEALTH INSURANCE: VAIL RESORTS provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: VAIL RESORTS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: VAIL RESORTS 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, VAIL RESORTS has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: VAIL RESORTS has an impressive 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: VAIL RESORTS offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | VAIL RESORTS | Industry | Colorado |
|---|---|---|---|
| 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
VAIL RESORTS offers first-class financial benefits for employees and their family members. A first-class 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: VAIL RESORTS has a superior 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. VAIL RESORTS 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 superior VAIL RESORTS has Matching program that matches 75% of employees' contributions. Whatever VAIL RESORTS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave VAIL RESORTS. Recognizing that every team member is unique, with specific needs and goals, VAIL RESORTS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: VAIL RESORTS has a top-notch 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 VAIL RESORTS.
- BONUS PAY: VAIL RESORTS 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: VAIL RESORTS offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: VAIL RESORTS 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: VAIL RESORTS offers an excellent 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: VAIL RESORTS has an excellent 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: VAIL RESORTS offers a valuable life insurance policy to its team members for an affordable price. VAIL RESORTS 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: VAIL RESORTS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why VAIL RESORTS has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: VAIL RESORTS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why VAIL RESORTS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: VAIL RESORTS has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | VAIL RESORTS | Industry | Colorado |
|---|---|---|---|
| 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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