This report analyzes and compares AFTON CHEMICAL's 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
Career benefits
AFTON CHEMICAL offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. AFTON CHEMICAL 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: AFTON CHEMICAL offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, AFTON CHEMICAL makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: AFTON CHEMICAL offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: AFTON CHEMICAL encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, AFTON CHEMICAL supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: AFTON CHEMICAL has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: AFTON CHEMICAL does not offer leadership programs.
- ONBOARDING: AFTON CHEMICAL is aware of the difficulties that new employees might experience when they join the team. That's why AFTON CHEMICAL has a good 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, AFTON CHEMICAL implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: AFTON CHEMICAL has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | AFTON CHEMICAL | Industry | Virginia |
|---|---|---|---|
| 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
AFTON CHEMICAL offers remarkable 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 AFTON CHEMICAL's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AFTON CHEMICAL 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: Team members at AFTON CHEMICAL have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. AFTON CHEMICAL partially pays for dentures and braces as well.
- HEALTH INSURANCE: AFTON CHEMICAL offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: AFTON CHEMICAL 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. AFTON CHEMICAL provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: AFTON CHEMICAL 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, AFTON CHEMICAL has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: AFTON CHEMICAL has a suitable 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. AFTON CHEMICAL can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: AFTON CHEMICAL 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 | AFTON CHEMICAL | Industry | Virginia |
|---|---|---|---|
| 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
AFTON CHEMICAL offers remarkable financial benefits for employees and their family members. A remarkable 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: AFTON CHEMICAL has a superb 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. AFTON CHEMICAL provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superb AFTON CHEMICAL has Matching program that matches 75% of employees' contributions. Whatever AFTON CHEMICAL contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave AFTON CHEMICAL. Recognizing that every team member is unique, with specific needs and goals, AFTON CHEMICAL keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: AFTON CHEMICAL has a top-notch Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by AFTON CHEMICAL.
- BONUS PAY: AFTON CHEMICAL has a valuable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: AFTON CHEMICAL does not offer childcare discount.
- COMMUTER BENEFIT: AFTON CHEMICAL has a solid 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: AFTON CHEMICAL 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: AFTON CHEMICAL has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: AFTON CHEMICAL has a superb 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: AFTON CHEMICAL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why AFTON CHEMICAL has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: AFTON CHEMICAL believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why AFTON CHEMICAL offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: AFTON CHEMICAL has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AFTON CHEMICAL | Industry | Virginia |
|---|---|---|---|
| 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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