This report analyzes and compares ALLISON TRANSMISSION HOLDINGS' employee health insurance and employee benefits with its industry and in Indiana 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
ALLISON TRANSMISSION HOLDINGS has first-class 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 ALLISON TRANSMISSION HOLDINGS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ALLISON TRANSMISSION HOLDINGS continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that ALLISON TRANSMISSION HOLDINGS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ALLISON TRANSMISSION HOLDINGS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: ALLISON TRANSMISSION HOLDINGS encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: ALLISON TRANSMISSION HOLDINGS is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, ALLISON TRANSMISSION HOLDINGS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ALLISON TRANSMISSION HOLDINGS is aware of the difficulties that new employees might experience when they join the team. That's why ALLISON TRANSMISSION HOLDINGS has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: ALLISON TRANSMISSION HOLDINGS 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 ALLISON TRANSMISSION HOLDINGS.
- TUITION REIMBURSEMENT: ALLISON TRANSMISSION HOLDINGS realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | ALLISON TRANSMISSION HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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
ALLISON TRANSMISSION HOLDINGS 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 ALLISON TRANSMISSION HOLDINGS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ALLISON TRANSMISSION HOLDINGS has an excellent counseling program for its employees and their family members. Team members are encouraged by ALLISON TRANSMISSION HOLDINGS 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 excellent 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 ALLISON TRANSMISSION HOLDINGS have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. ALLISON TRANSMISSION HOLDINGS partially pays for dentures and braces as well.
- HEALTH INSURANCE: ALLISON TRANSMISSION HOLDINGS offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ALLISON TRANSMISSION HOLDINGS offers its team members top-notch 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. ALLISON TRANSMISSION HOLDINGS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS does not offer telehealth.
- VISION PLAN: ALLISON TRANSMISSION HOLDINGS offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ALLISON TRANSMISSION HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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
ALLISON TRANSMISSION HOLDINGS offers superior financial benefits for employees and their family members. A superior 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: ALLISON TRANSMISSION HOLDINGS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ALLISON TRANSMISSION HOLDINGS has a superior 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 ALLISON TRANSMISSION HOLDINGS.
- BONUS PAY: ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS does not offer childcare discount.
- COMMUTER BENEFIT: ALLISON TRANSMISSION HOLDINGS offers extraordinary 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: ALLISON TRANSMISSION HOLDINGS offers an impressive daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS 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: ALLISON TRANSMISSION HOLDINGS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ALLISON TRANSMISSION HOLDINGS has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ALLISON TRANSMISSION HOLDINGS has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, ALLISON TRANSMISSION HOLDINGS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: ALLISON TRANSMISSION HOLDINGS has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ALLISON TRANSMISSION HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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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