This report analyzes and compares AMERICAN ELECTRIC POWER RIVER OPERATIONS' employee health insurance and employee benefits with its industry and in Missouri 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 ELECTRIC POWER RIVER OPERATIONS 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 AMERICAN ELECTRIC POWER RIVER OPERATIONS. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: AMERICAN ELECTRIC POWER RIVER OPERATIONS believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. AMERICAN ELECTRIC POWER RIVER OPERATIONS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: AMERICAN ELECTRIC POWER RIVER OPERATIONS has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by AMERICAN ELECTRIC POWER RIVER OPERATIONS to grow as leaders and learn how to make tough calls.
- ONBOARDING: AMERICAN ELECTRIC POWER RIVER OPERATIONS does not offer onboarding.
- RECOGNITION PROGRAMS: AMERICAN ELECTRIC POWER RIVER OPERATIONS has a remarkable 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 ELECTRIC POWER RIVER OPERATIONS has a suitable 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 ELECTRIC POWER RIVER OPERATIONS | Industry | Missouri |
|---|---|---|---|
| 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 ELECTRIC POWER RIVER OPERATIONS 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 ELECTRIC POWER RIVER OPERATIONS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AMERICAN ELECTRIC POWER RIVER OPERATIONS 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 AMERICAN ELECTRIC POWER RIVER OPERATIONS have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. AMERICAN ELECTRIC POWER RIVER OPERATIONS partially pays for dentures and braces as well.
- HEALTH INSURANCE: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, AMERICAN ELECTRIC POWER RIVER OPERATIONS offers good health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: AMERICAN ELECTRIC POWER RIVER OPERATIONS 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: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: AMERICAN ELECTRIC POWER RIVER OPERATIONS has implemented a superb telehealth policy for its members to use any time of the day, every single day. AMERICAN ELECTRIC POWER RIVER OPERATIONS 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 ELECTRIC POWER RIVER OPERATIONS has an impressive 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 ELECTRIC POWER RIVER OPERATIONS | Industry | Missouri |
|---|---|---|---|
| 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 ELECTRIC POWER RIVER OPERATIONS 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 ELECTRIC POWER RIVER OPERATIONS knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 AMERICAN ELECTRIC POWER RIVER OPERATIONS 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, AMERICAN ELECTRIC POWER RIVER OPERATIONS provides resources which will help team members decide what to do with their 401(k) plan. AMERICAN ELECTRIC POWER RIVER OPERATIONS offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: AMERICAN ELECTRIC POWER RIVER OPERATIONS has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: AMERICAN ELECTRIC POWER RIVER OPERATIONS has a good 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: AMERICAN ELECTRIC POWER RIVER OPERATIONS cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers excellent 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: AMERICAN ELECTRIC POWER RIVER OPERATIONS 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: AMERICAN ELECTRIC POWER RIVER OPERATIONS has an impressive 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: AMERICAN ELECTRIC POWER RIVER OPERATIONS offers a suitable life insurance policy to its team members for an affordable price. AMERICAN ELECTRIC POWER RIVER OPERATIONS 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 ELECTRIC POWER RIVER OPERATIONS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why AMERICAN ELECTRIC POWER RIVER OPERATIONS has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: AMERICAN ELECTRIC POWER RIVER OPERATIONS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why AMERICAN ELECTRIC POWER RIVER OPERATIONS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: AMERICAN ELECTRIC POWER RIVER OPERATIONS has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AMERICAN ELECTRIC POWER RIVER OPERATIONS | Industry | Missouri |
|---|---|---|---|
| 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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