This report analyzes and compares WALSER AUTOMOTIVE GROUP's employee health insurance and employee benefits with its industry and in Minnesota 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
WALSER AUTOMOTIVE GROUP offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. WALSER AUTOMOTIVE GROUP believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: WALSER AUTOMOTIVE GROUP offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, WALSER AUTOMOTIVE GROUP makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, WALSER AUTOMOTIVE GROUP can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: excellent development resources are what allows WALSER AUTOMOTIVE GROUP to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: WALSER AUTOMOTIVE GROUP has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: WALSER AUTOMOTIVE GROUP does not offer leadership programs.
- ONBOARDING: WALSER AUTOMOTIVE GROUP is aware of the difficulties that new employees might experience when they join the team. That's why WALSER AUTOMOTIVE GROUP has a good 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, WALSER AUTOMOTIVE GROUP implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: WALSER AUTOMOTIVE GROUP does not offer tuition reimbursement.
Benefit | WALSER AUTOMOTIVE GROUP | Industry | Minnesota |
|---|---|---|---|
| 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
WALSER AUTOMOTIVE GROUP 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 WALSER AUTOMOTIVE GROUP's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WALSER AUTOMOTIVE GROUP has an outstanding counseling program for its employees and their family members. Team members are encouraged by WALSER AUTOMOTIVE GROUP to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at WALSER AUTOMOTIVE GROUP 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. WALSER AUTOMOTIVE GROUP partially pays for dentures and braces as well.
- HEALTH INSURANCE: WALSER AUTOMOTIVE GROUP 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: WALSER AUTOMOTIVE GROUP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: WALSER AUTOMOTIVE GROUP has a superior healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: WALSER AUTOMOTIVE GROUP 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: WALSER AUTOMOTIVE GROUP 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: WALSER AUTOMOTIVE GROUP 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 | WALSER AUTOMOTIVE GROUP | Industry | Minnesota |
|---|---|---|---|
| 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
WALSER AUTOMOTIVE GROUP 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: WALSER AUTOMOTIVE GROUP has an extraordinary 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, WALSER AUTOMOTIVE GROUP offers an extraordinary 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, WALSER AUTOMOTIVE GROUP offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: WALSER AUTOMOTIVE GROUP has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: WALSER AUTOMOTIVE GROUP has a great bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: WALSER AUTOMOTIVE GROUP has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: WALSER AUTOMOTIVE GROUP acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: WALSER AUTOMOTIVE GROUP has a suitable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: WALSER AUTOMOTIVE GROUP has a solid disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: WALSER AUTOMOTIVE GROUP offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: WALSER AUTOMOTIVE GROUP wants for its team members to lead a happy and fulfilled life so it has a great 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: WALSER AUTOMOTIVE GROUP 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, WALSER AUTOMOTIVE GROUP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: WALSER AUTOMOTIVE GROUP has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WALSER AUTOMOTIVE GROUP | Industry | Minnesota |
|---|---|---|---|
| 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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