This report analyzes and compares YAHOO!7's employee health insurance and employee benefits with its industry and in California 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
YAHOO!7 has first-class 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 YAHOO!7. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: YAHOO!7 offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, YAHOO!7 makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, YAHOO!7 can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: YAHOO!7 offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: YAHOO!7 has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: YAHOO!7 believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that YAHOO!7 provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: YAHOO!7 is aware of the difficulties that new employees might experience when they join the team. That's why YAHOO!7 has a great 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, YAHOO!7 implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: YAHOO!7 realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | YAHOO!7 | Industry | California |
|---|---|---|---|
| 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
YAHOO!7 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 YAHOO!7's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: YAHOO!7 has an exceptional counseling program for its employees and their family members. Team members are encouraged by YAHOO!7 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 exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: YAHOO!7 cares about its team members' dental health so it offers an impressive dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: YAHOO!7 offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, YAHOO!7 offers good 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: To financially help its team members with medical emergencies, YAHOO!7 offers a good healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, YAHOO!7 has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: YAHOO!7 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. YAHOO!7 can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: YAHOO!7 has an extraordinary 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 | YAHOO!7 | Industry | California |
|---|---|---|---|
| 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
Team members enjoy great financial benefits at YAHOO!7. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. YAHOO!7 offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect YAHOO!7 to partially cover the expenses.
- 401(K) PLAN: YAHOO!7 does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: YAHOO!7 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: YAHOO!7 offers superior bonuses to team members who excel in their field of work, provide extraordinary results for YAHOO!7, and encourage others to do the same.
- CHILDCARE DISCOUNT: YAHOO!7 does not offer childcare discount.
- COMMUTER BENEFIT: YAHOO!7 has a great commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: YAHOO!7 has a valuable 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: YAHOO!7 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: YAHOO!7 offers a solid life insurance policy to its team members for an affordable price. YAHOO!7 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: YAHOO!7 realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why YAHOO!7 has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: YAHOO!7 does not offer paid volunteer time off.
- PARENTAL LEAVE: YAHOO!7 has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | YAHOO!7 | Industry | California |
|---|---|---|---|
| 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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