This report analyzes and compares ADVANCE AUTO PARTS' employee health insurance and employee benefits with its industry and in Virginia 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
ADVANCE AUTO PARTS 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 ADVANCE AUTO PARTS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ADVANCE AUTO PARTS offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ADVANCE AUTO PARTS makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: By using a good coaching and mentoring program, ADVANCE AUTO PARTS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: ADVANCE AUTO PARTS encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, ADVANCE AUTO PARTS supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ADVANCE AUTO PARTS has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ADVANCE AUTO PARTS does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why ADVANCE AUTO PARTS offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, ADVANCE AUTO PARTS implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: ADVANCE AUTO PARTS 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 ADVANCE AUTO PARTS.
ADVANCE AUTO PARTS
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
ADVANCE AUTO PARTS offers superb 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 ADVANCE AUTO PARTS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ADVANCE AUTO PARTS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why ADVANCE AUTO PARTS implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: ADVANCE AUTO PARTS cares about its team members' dental health so it offers an outstanding 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: ADVANCE AUTO PARTS provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, ADVANCE AUTO PARTS offers great 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: ADVANCE AUTO PARTS 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, ADVANCE AUTO PARTS has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: ADVANCE AUTO PARTS has implemented a superior telehealth policy for its members to use any time of the day, every single day. ADVANCE AUTO PARTS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: ADVANCE AUTO PARTS offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
ADVANCE AUTO PARTS
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
ADVANCE AUTO PARTS 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: ADVANCE AUTO PARTS has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, ADVANCE AUTO PARTS offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, ADVANCE AUTO PARTS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ADVANCE AUTO PARTS has an extraordinary 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: ADVANCE AUTO PARTS offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for ADVANCE AUTO PARTS, and encourage others to do the same.
- CHILDCARE DISCOUNT: ADVANCE AUTO PARTS offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: ADVANCE AUTO PARTS has a good 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: ADVANCE AUTO PARTS offers a remarkable 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: ADVANCE AUTO PARTS offers a remarkable 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: ADVANCE AUTO PARTS 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: ADVANCE AUTO PARTS 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: ADVANCE AUTO PARTS believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ADVANCE AUTO PARTS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ADVANCE AUTO PARTS has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
ADVANCE AUTO PARTS
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|Adoption assistance reimbursement Benefits|
|Bonus pay Benefits|
|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
|Paid time off Benefits|
|Paid volunteer time off Benefits|
|Parental leave Benefits|
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