This report analyzes and compares WOLTERS KLUWERS FINANCIAL SERVICES' 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
WOLTERS KLUWERS FINANCIAL SERVICES 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 WOLTERS KLUWERS FINANCIAL SERVICES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: WOLTERS KLUWERS FINANCIAL SERVICES offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, WOLTERS KLUWERS FINANCIAL SERVICES makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: WOLTERS KLUWERS FINANCIAL SERVICES believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows WOLTERS KLUWERS FINANCIAL SERVICES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: WOLTERS KLUWERS FINANCIAL SERVICES has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: WOLTERS KLUWERS FINANCIAL SERVICES is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, WOLTERS KLUWERS FINANCIAL SERVICES ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: WOLTERS KLUWERS FINANCIAL SERVICES does not offer onboarding.
- RECOGNITION PROGRAMS: WOLTERS KLUWERS FINANCIAL SERVICES knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to WOLTERS KLUWERS FINANCIAL SERVICES.
- TUITION REIMBURSEMENT: WOLTERS KLUWERS FINANCIAL SERVICES has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | WOLTERS KLUWERS FINANCIAL SERVICES | 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
WOLTERS KLUWERS FINANCIAL SERVICES offers first-class 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 WOLTERS KLUWERS FINANCIAL SERVICES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WOLTERS KLUWERS FINANCIAL SERVICES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its top-notch counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: WOLTERS KLUWERS FINANCIAL SERVICES 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: WOLTERS KLUWERS FINANCIAL SERVICES 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: WOLTERS KLUWERS FINANCIAL SERVICES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: WOLTERS KLUWERS FINANCIAL SERVICES has a remarkable 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: Aware of the challenges that come with pregnancy, WOLTERS KLUWERS FINANCIAL SERVICES has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: WOLTERS KLUWERS FINANCIAL SERVICES has implemented a superior telehealth policy for its members to use any time of the day, every single day. WOLTERS KLUWERS FINANCIAL SERVICES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: WOLTERS KLUWERS FINANCIAL SERVICES provides a remarkable 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 | WOLTERS KLUWERS FINANCIAL SERVICES | 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
WOLTERS KLUWERS FINANCIAL SERVICES 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: WOLTERS KLUWERS FINANCIAL SERVICES knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 WOLTERS KLUWERS FINANCIAL SERVICES 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, WOLTERS KLUWERS FINANCIAL SERVICES provides resources which will help team members decide what to do with their 401(k) plan. WOLTERS KLUWERS FINANCIAL SERVICES offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: WOLTERS KLUWERS FINANCIAL SERVICES has a great 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: WOLTERS KLUWERS FINANCIAL SERVICES offers superior bonuses to team members who excel in their field of work, provide extraordinary results for WOLTERS KLUWERS FINANCIAL SERVICES, and encourage others to do the same.
- CHILDCARE DISCOUNT: WOLTERS KLUWERS FINANCIAL SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: WOLTERS KLUWERS FINANCIAL SERVICES acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: WOLTERS KLUWERS FINANCIAL SERVICES 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: WOLTERS KLUWERS FINANCIAL SERVICES has an exceptional 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: WOLTERS KLUWERS FINANCIAL SERVICES offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: WOLTERS KLUWERS FINANCIAL SERVICES has an outstanding 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: WOLTERS KLUWERS FINANCIAL SERVICES 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, WOLTERS KLUWERS FINANCIAL SERVICES stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: WOLTERS KLUWERS FINANCIAL SERVICES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WOLTERS KLUWERS FINANCIAL SERVICES | 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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