This report analyzes and compares ARC WORLDWIDE's 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
ARC WORLDWIDE 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 ARC WORLDWIDE. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ARC WORLDWIDE offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ARC WORLDWIDE makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: ARC WORLDWIDE 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: ARC WORLDWIDE encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, ARC WORLDWIDE supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ARC WORLDWIDE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: ARC WORLDWIDE is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, ARC WORLDWIDE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ARC WORLDWIDE is aware of the difficulties that new employees might experience when they join the team. That's why ARC WORLDWIDE has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: ARC WORLDWIDE has a superior 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: ARC WORLDWIDE realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | ARC WORLDWIDE | 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
ARC WORLDWIDE 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 ARC WORLDWIDE's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ARC WORLDWIDE has an extraordinary counseling program for its employees and their family members. Team members are encouraged by ARC WORLDWIDE 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: ARC WORLDWIDE cares about its team members' dental health so it offers an exceptional 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: ARC WORLDWIDE provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: ARC WORLDWIDE offers its team members first-class 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. ARC WORLDWIDE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: ARC WORLDWIDE 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: ARC WORLDWIDE has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: ARC WORLDWIDE has implemented a superior telehealth policy for its members to use any time of the day, every single day. ARC WORLDWIDE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: ARC WORLDWIDE 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 | ARC WORLDWIDE | 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
ARC WORLDWIDE 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: ARC WORLDWIDE has a first-class 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. ARC WORLDWIDE provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a first-class ARC WORLDWIDE has Matching program that matches 75% of employees' contributions. Whatever ARC WORLDWIDE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave ARC WORLDWIDE. Recognizing that every team member is unique, with specific needs and goals, ARC WORLDWIDE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: ARC WORLDWIDE does not offer adoption assistance reimbursement.
- BONUS PAY: ARC WORLDWIDE 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: ARC WORLDWIDE does not offer childcare discount.
- COMMUTER BENEFIT: ARC WORLDWIDE acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ARC WORLDWIDE offers an exceptional 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: ARC WORLDWIDE has an exceptional 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: ARC WORLDWIDE offers a valuable life insurance policy to its team members for an affordable price. ARC WORLDWIDE 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: ARC WORLDWIDE has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: ARC WORLDWIDE has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, ARC WORLDWIDE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: ARC WORLDWIDE has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ARC WORLDWIDE | 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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