This report analyzes and compares ABT ELECTRONICS' employee health insurance and employee benefits with its industry and in Illinois 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
ABT ELECTRONICS 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 ABT ELECTRONICS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ABT ELECTRONICS offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ABT ELECTRONICS makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: ABT ELECTRONICS offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: ABT ELECTRONICS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: ABT ELECTRONICS has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ABT ELECTRONICS is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, ABT ELECTRONICS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ABT ELECTRONICS offers a superior 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: ABT ELECTRONICS has a remarkable Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: ABT ELECTRONICS has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at ABT ELECTRONICS.
Benefit | ABT ELECTRONICS | Industry | Illinois |
|---|---|---|---|
| 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
ABT ELECTRONICS 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 ABT ELECTRONICS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ABT ELECTRONICS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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: Team members at ABT ELECTRONICS have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. ABT ELECTRONICS partially pays for dentures and braces as well.
- HEALTH INSURANCE: ABT ELECTRONICS offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ABT ELECTRONICS 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. ABT ELECTRONICS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: ABT ELECTRONICS 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: ABT ELECTRONICS offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ABT ELECTRONICS has a good 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. ABT ELECTRONICS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: ABT ELECTRONICS offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ABT ELECTRONICS | Industry | Illinois |
|---|---|---|---|
| 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
ABT ELECTRONICS offers superb financial benefits for employees and their family members. A superb 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: ABT ELECTRONICS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ABT ELECTRONICS has an outstanding 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: ABT ELECTRONICS offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for ABT ELECTRONICS, and encourage others to do the same.
- CHILDCARE DISCOUNT: ABT ELECTRONICS offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: ABT ELECTRONICS offers exceptional 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: ABT ELECTRONICS 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: ABT ELECTRONICS has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: ABT ELECTRONICS offers a solid life insurance policy to its team members for an affordable price. ABT ELECTRONICS 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: ABT ELECTRONICS has an extraordinary 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: ABT ELECTRONICS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ABT ELECTRONICS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ABT ELECTRONICS has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ABT ELECTRONICS | Industry | Illinois |
|---|---|---|---|
| 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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