This report analyzes and compares WESTLAKE HARDWARE's employee health insurance and employee benefits with its industry and in Kansas 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
WESTLAKE HARDWARE has superb 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 WESTLAKE HARDWARE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: WESTLAKE HARDWARE offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, WESTLAKE HARDWARE makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, WESTLAKE HARDWARE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows WESTLAKE HARDWARE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: WESTLAKE HARDWARE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: WESTLAKE HARDWARE believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that WESTLAKE HARDWARE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: WESTLAKE HARDWARE does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, WESTLAKE HARDWARE implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: WESTLAKE HARDWARE 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 WESTLAKE HARDWARE.
Benefit | WESTLAKE HARDWARE | Industry | Kansas |
|---|---|---|---|
| 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
WESTLAKE HARDWARE 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 WESTLAKE HARDWARE's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WESTLAKE HARDWARE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why WESTLAKE HARDWARE implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at WESTLAKE HARDWARE have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. WESTLAKE HARDWARE partially pays for dentures and braces as well.
- HEALTH INSURANCE: WESTLAKE HARDWARE provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: WESTLAKE HARDWARE offers its team members superior health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. WESTLAKE HARDWARE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: WESTLAKE HARDWARE offers an extraordinary 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: WESTLAKE HARDWARE has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: WESTLAKE HARDWARE has a great 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. WESTLAKE HARDWARE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: WESTLAKE HARDWARE has an excellent 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 | WESTLAKE HARDWARE | Industry | Kansas |
|---|---|---|---|
| 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
WESTLAKE HARDWARE offers top-notch financial benefits for employees and their family members. A top-notch 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: WESTLAKE HARDWARE has a remarkable 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. WESTLAKE HARDWARE 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 remarkable WESTLAKE HARDWARE has Matching program that matches 75% of employees' contributions. Whatever WESTLAKE HARDWARE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave WESTLAKE HARDWARE. Recognizing that every team member is unique, with specific needs and goals, WESTLAKE HARDWARE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: WESTLAKE HARDWARE has an impressive 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: WESTLAKE HARDWARE has a suitable 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: WESTLAKE HARDWARE has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: WESTLAKE HARDWARE 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: WESTLAKE HARDWARE has a good 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: WESTLAKE HARDWARE 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: WESTLAKE HARDWARE offers a suitable life insurance policy to its team members for an affordable price. WESTLAKE HARDWARE 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: WESTLAKE HARDWARE 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: WESTLAKE HARDWARE has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, WESTLAKE HARDWARE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: WESTLAKE HARDWARE has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WESTLAKE HARDWARE | Industry | Kansas |
|---|---|---|---|
| 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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