This report analyzes and compares AKZO NOBEL ELECTRONIC PRODUCTS' 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
AKZO NOBEL ELECTRONIC PRODUCTS has remarkable 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 AKZO NOBEL ELECTRONIC PRODUCTS. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: AKZO NOBEL ELECTRONIC PRODUCTS believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. AKZO NOBEL ELECTRONIC PRODUCTS has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a good coaching and mentoring program, AKZO NOBEL ELECTRONIC PRODUCTS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: AKZO NOBEL ELECTRONIC PRODUCTS 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: AKZO NOBEL ELECTRONIC PRODUCTS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: AKZO NOBEL ELECTRONIC PRODUCTS is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, AKZO NOBEL ELECTRONIC PRODUCTS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: AKZO NOBEL ELECTRONIC PRODUCTS 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: AKZO NOBEL ELECTRONIC PRODUCTS 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 AKZO NOBEL ELECTRONIC PRODUCTS.
- TUITION REIMBURSEMENT: AKZO NOBEL ELECTRONIC PRODUCTS has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at AKZO NOBEL ELECTRONIC PRODUCTS.
Benefit | AKZO NOBEL ELECTRONIC PRODUCTS | 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
AKZO NOBEL ELECTRONIC PRODUCTS offers first-class 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 AKZO NOBEL ELECTRONIC PRODUCTS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AKZO NOBEL ELECTRONIC PRODUCTS has an extraordinary counseling program for its employees and their family members. Team members are encouraged by AKZO NOBEL ELECTRONIC PRODUCTS to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at AKZO NOBEL ELECTRONIC PRODUCTS 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. AKZO NOBEL ELECTRONIC PRODUCTS partially pays for dentures and braces as well.
- HEALTH INSURANCE: AKZO NOBEL ELECTRONIC PRODUCTS offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: AKZO NOBEL ELECTRONIC PRODUCTS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: AKZO NOBEL ELECTRONIC PRODUCTS has a top-notch 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: AKZO NOBEL ELECTRONIC PRODUCTS has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: AKZO NOBEL ELECTRONIC PRODUCTS has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: AKZO NOBEL ELECTRONIC PRODUCTS has an exceptional Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | AKZO NOBEL ELECTRONIC PRODUCTS | 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
AKZO NOBEL ELECTRONIC PRODUCTS 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: AKZO NOBEL ELECTRONIC PRODUCTS has an impressive 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, AKZO NOBEL ELECTRONIC PRODUCTS offers an impressive 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, AKZO NOBEL ELECTRONIC PRODUCTS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: AKZO NOBEL ELECTRONIC PRODUCTS does not offer adoption assistance reimbursement.
- BONUS PAY: AKZO NOBEL ELECTRONIC PRODUCTS has a solid 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: AKZO NOBEL ELECTRONIC PRODUCTS has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: AKZO NOBEL ELECTRONIC PRODUCTS has a suitable 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: AKZO NOBEL ELECTRONIC PRODUCTS has a great 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: AKZO NOBEL ELECTRONIC PRODUCTS offers a superb 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: AKZO NOBEL ELECTRONIC PRODUCTS offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: AKZO NOBEL ELECTRONIC PRODUCTS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why AKZO NOBEL ELECTRONIC PRODUCTS has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: AKZO NOBEL ELECTRONIC PRODUCTS recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by AKZO NOBEL ELECTRONIC PRODUCTS, on volunteer work of their choice.
- PARENTAL LEAVE: AKZO NOBEL ELECTRONIC PRODUCTS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AKZO NOBEL ELECTRONIC PRODUCTS | 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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