This report analyzes and compares AMERICAN BUREAU OF SHIPPING's employee health insurance and employee benefits with its industry and in Texas 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
AMERICAN BUREAU OF SHIPPING offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. AMERICAN BUREAU OF SHIPPING believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: AMERICAN BUREAU OF SHIPPING offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, AMERICAN BUREAU OF SHIPPING makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: AMERICAN BUREAU OF SHIPPING believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: AMERICAN BUREAU OF SHIPPING 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: AMERICAN BUREAU OF SHIPPING does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: AMERICAN BUREAU OF SHIPPING does not offer leadership programs.
- ONBOARDING: AMERICAN BUREAU OF SHIPPING is aware of the difficulties that new employees might experience when they join the team. That's why AMERICAN BUREAU OF SHIPPING has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: AMERICAN BUREAU OF SHIPPING has a top-notch Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: AMERICAN BUREAU OF SHIPPING has a great 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 | AMERICAN BUREAU OF SHIPPING | Industry | Texas |
|---|---|---|---|
| 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
AMERICAN BUREAU OF SHIPPING 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 AMERICAN BUREAU OF SHIPPING's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AMERICAN BUREAU OF SHIPPING does not offer counseling.
- DENTAL PLAN: AMERICAN BUREAU OF SHIPPING offers a good dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: AMERICAN BUREAU OF SHIPPING offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: AMERICAN BUREAU OF SHIPPING is aware of the fact that a healthy employee is a productive employee so it offers impressive health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: AMERICAN BUREAU OF SHIPPING has a superb 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: AMERICAN BUREAU OF SHIPPING offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: AMERICAN BUREAU OF SHIPPING has implemented a superior telehealth policy for its members to use any time of the day, every single day. AMERICAN BUREAU OF SHIPPING covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: AMERICAN BUREAU OF SHIPPING 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 | AMERICAN BUREAU OF SHIPPING | Industry | Texas |
|---|---|---|---|
| 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
AMERICAN BUREAU OF SHIPPING offers superb financial benefits for employees and their family members. A superb 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: AMERICAN BUREAU OF SHIPPING does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: AMERICAN BUREAU OF SHIPPING 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 AMERICAN BUREAU OF SHIPPING.
- BONUS PAY: AMERICAN BUREAU OF SHIPPING has an excellent bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: AMERICAN BUREAU OF SHIPPING does not offer childcare discount.
- COMMUTER BENEFIT: AMERICAN BUREAU OF SHIPPING 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: AMERICAN BUREAU OF SHIPPING 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: AMERICAN BUREAU OF SHIPPING offers a first-class 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: AMERICAN BUREAU OF SHIPPING offers a solid life insurance policy to its team members for an affordable price. AMERICAN BUREAU OF SHIPPING participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: AMERICAN BUREAU OF SHIPPING realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why AMERICAN BUREAU OF SHIPPING has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: AMERICAN BUREAU OF SHIPPING believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why AMERICAN BUREAU OF SHIPPING offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: AMERICAN BUREAU OF SHIPPING has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AMERICAN BUREAU OF SHIPPING | Industry | Texas |
|---|---|---|---|
| 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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