This report analyzes and compares AMPCO-PITTSBURGH CORPORATION's employee health insurance and employee benefits with its industry and in Pennsylvania 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
AMPCO-PITTSBURGH CORPORATION has top-notch 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 AMPCO-PITTSBURGH CORPORATION. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: AMPCO-PITTSBURGH CORPORATION believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. AMPCO-PITTSBURGH CORPORATION has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: AMPCO-PITTSBURGH CORPORATION believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: excellent development resources are what allows AMPCO-PITTSBURGH CORPORATION to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: AMPCO-PITTSBURGH CORPORATION has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: AMPCO-PITTSBURGH CORPORATION does not offer leadership programs.
- ONBOARDING: AMPCO-PITTSBURGH CORPORATION does not offer onboarding.
- RECOGNITION PROGRAMS: AMPCO-PITTSBURGH CORPORATION 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 AMPCO-PITTSBURGH CORPORATION.
- TUITION REIMBURSEMENT: AMPCO-PITTSBURGH CORPORATION 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 | AMPCO-PITTSBURGH CORPORATION | Industry | Pennsylvania |
|---|---|---|---|
| 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
AMPCO-PITTSBURGH CORPORATION 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 AMPCO-PITTSBURGH CORPORATION's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AMPCO-PITTSBURGH CORPORATION does not offer counseling.
- DENTAL PLAN: AMPCO-PITTSBURGH CORPORATION cares about its team members' dental health so it offers an extraordinary dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: AMPCO-PITTSBURGH CORPORATION offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: AMPCO-PITTSBURGH CORPORATION offers its team members remarkable 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. AMPCO-PITTSBURGH CORPORATION provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, AMPCO-PITTSBURGH CORPORATION offers a solid healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: AMPCO-PITTSBURGH CORPORATION offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: AMPCO-PITTSBURGH CORPORATION has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. AMPCO-PITTSBURGH CORPORATION covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: AMPCO-PITTSBURGH CORPORATION provides a remarkable Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | AMPCO-PITTSBURGH CORPORATION | Industry | Pennsylvania |
|---|---|---|---|
| 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
AMPCO-PITTSBURGH CORPORATION offers top-notch financial benefits for employees and their family members. A top-notch 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: AMPCO-PITTSBURGH CORPORATION 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, AMPCO-PITTSBURGH CORPORATION 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, AMPCO-PITTSBURGH CORPORATION offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: AMPCO-PITTSBURGH CORPORATION has a first-class 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 AMPCO-PITTSBURGH CORPORATION.
- BONUS PAY: AMPCO-PITTSBURGH CORPORATION 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: AMPCO-PITTSBURGH CORPORATION cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: AMPCO-PITTSBURGH CORPORATION has a valuable 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: AMPCO-PITTSBURGH CORPORATION 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: AMPCO-PITTSBURGH CORPORATION has a great disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: AMPCO-PITTSBURGH CORPORATION has a remarkable 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: AMPCO-PITTSBURGH CORPORATION realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why AMPCO-PITTSBURGH CORPORATION has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: AMPCO-PITTSBURGH CORPORATION believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why AMPCO-PITTSBURGH CORPORATION offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: AMPCO-PITTSBURGH CORPORATION has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AMPCO-PITTSBURGH CORPORATION | Industry | Pennsylvania |
|---|---|---|---|
| 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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