This report analyzes and compares AARON'S' employee health insurance and employee benefits with its industry and in Georgia State.

COMPARE AARON'S' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

AARON'S has superior 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 AARON'S. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: AARON'S continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that AARON'S uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: By using a solid coaching and mentoring program, AARON'S can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: outstanding development resources are what allows AARON'S 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: AARON'S has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: AARON'S is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, AARON'S ensures that team members with a potential for becoming leaders can achieve their goals.
  • ONBOARDING: AARON'S offers a remarkable Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
  • RECOGNITION PROGRAMS: AARON'S knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to AARON'S.
  • TUITION REIMBURSEMENT: AARON'S has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at AARON'S.
AARON'S's career benefits comparison table

Benefit

AARON'S

Industry

Georgia

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

AARON'S 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 AARON'S's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: AARON'S wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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: AARON'S cares about its team members' dental health so it offers an excellent 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: AARON'S 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: AARON'S does not offer health plan incentives.
  • HEALTHCARE SPENDING ACCOUNTS: AARON'S 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: AARON'S offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: AARON'S has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. AARON'S covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
  • VISION PLAN: AARON'S offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
AARON'S's healthcare benefits comparison table

Benefit

AARON'S

Industry

Georgia

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

AARON'S 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: AARON'S knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 AARON'S 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, AARON'S provides resources which will help team members decide what to do with their 401(k) plan. AARON'S offers a suitable vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: AARON'S does not offer adoption assistance reimbursement.
  • BONUS PAY: AARON'S has an outstanding 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: AARON'S offers a good discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: AARON'S 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: AARON'S offers a superior daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
  • DISABILITY: AARON'S has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
  • LIFE INSURANCE: AARON'S has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
  • PAID TIME OFF: AARON'S has an exceptional 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: AARON'S believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why AARON'S offers its team members up to 50 hours of paid volunteer time off.
  • PARENTAL LEAVE: AARON'S has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
AARON'S's financial benefits comparison table

Benefit

AARON'S

Industry

Georgia

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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