This report analyzes and compares ADVANCED DRAINAGE SYSTEMS' employee health insurance and employee benefits with its industry and in Ohio 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
ADVANCED DRAINAGE SYSTEMS offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ADVANCED DRAINAGE SYSTEMS believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: ADVANCED DRAINAGE SYSTEMS believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. ADVANCED DRAINAGE SYSTEMS has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ADVANCED DRAINAGE SYSTEMS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ADVANCED DRAINAGE SYSTEMS does not offer leadership programs.
- ONBOARDING: ADVANCED DRAINAGE SYSTEMS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, ADVANCED DRAINAGE SYSTEMS implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: ADVANCED DRAINAGE SYSTEMS realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | ADVANCED DRAINAGE SYSTEMS | Industry | Ohio |
|---|---|---|---|
| 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
ADVANCED DRAINAGE SYSTEMS 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 ADVANCED DRAINAGE SYSTEMS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ADVANCED DRAINAGE SYSTEMS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class 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: ADVANCED DRAINAGE SYSTEMS cares about its team members' dental health so it offers an exceptional 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: ADVANCED DRAINAGE SYSTEMS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ADVANCED DRAINAGE SYSTEMS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: ADVANCED DRAINAGE SYSTEMS offers an outstanding healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: ADVANCED DRAINAGE SYSTEMS has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: ADVANCED DRAINAGE SYSTEMS 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. ADVANCED DRAINAGE SYSTEMS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: ADVANCED DRAINAGE SYSTEMS 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.
Benefit | ADVANCED DRAINAGE SYSTEMS | Industry | Ohio |
|---|---|---|---|
| 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
ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS 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 ADVANCED DRAINAGE SYSTEMS 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, ADVANCED DRAINAGE SYSTEMS provides resources which will help team members decide what to do with their 401(k) plan. ADVANCED DRAINAGE SYSTEMS offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: ADVANCED DRAINAGE SYSTEMS does not offer adoption assistance reimbursement.
- BONUS PAY: ADVANCED DRAINAGE SYSTEMS offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for ADVANCED DRAINAGE SYSTEMS, and encourage others to do the same.
- CHILDCARE DISCOUNT: ADVANCED DRAINAGE SYSTEMS cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: ADVANCED DRAINAGE SYSTEMS has a valuable 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: ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS 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: ADVANCED DRAINAGE SYSTEMS believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ADVANCED DRAINAGE SYSTEMS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ADVANCED DRAINAGE SYSTEMS has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ADVANCED DRAINAGE SYSTEMS | Industry | Ohio |
|---|---|---|---|
| 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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