This report analyzes and compares ARROW VALUE RECOVERY'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
ARROW VALUE RECOVERY has superb 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 ARROW VALUE RECOVERY. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ARROW VALUE RECOVERY continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that ARROW VALUE RECOVERY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ARROW VALUE RECOVERY 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: extraordinary development resources are what allows ARROW VALUE RECOVERY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: ARROW VALUE RECOVERY has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ARROW VALUE RECOVERY is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, ARROW VALUE RECOVERY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ARROW VALUE RECOVERY does not offer onboarding.
- RECOGNITION PROGRAMS: ARROW VALUE RECOVERY 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: ARROW VALUE RECOVERY realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | ARROW VALUE RECOVERY | 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
ARROW VALUE RECOVERY offers superior 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 ARROW VALUE RECOVERY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ARROW VALUE RECOVERY does not offer counseling.
- DENTAL PLAN: ARROW VALUE RECOVERY 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: ARROW VALUE RECOVERY offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ARROW VALUE RECOVERY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: ARROW VALUE RECOVERY 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: ARROW VALUE RECOVERY 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: ARROW VALUE RECOVERY has an extraordinary telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: ARROW VALUE RECOVERY provides a top-notch 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 | ARROW VALUE RECOVERY | 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
Team members enjoy great financial benefits at ARROW VALUE RECOVERY. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. ARROW VALUE RECOVERY offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect ARROW VALUE RECOVERY to partially cover the expenses.
- 401(K) PLAN: ARROW VALUE RECOVERY has an extraordinary 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, ARROW VALUE RECOVERY offers an extraordinary 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, ARROW VALUE RECOVERY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ARROW VALUE RECOVERY does not offer adoption assistance reimbursement.
- BONUS PAY: ARROW VALUE RECOVERY offers superb bonuses to team members who excel in their field of work, provide extraordinary results for ARROW VALUE RECOVERY, and encourage others to do the same.
- CHILDCARE DISCOUNT: ARROW VALUE RECOVERY offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: ARROW VALUE RECOVERY offers impressive 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: ARROW VALUE RECOVERY offers a first-class 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: ARROW VALUE RECOVERY has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: ARROW VALUE RECOVERY offers a solid life insurance policy to its team members for an affordable price. ARROW VALUE RECOVERY 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: ARROW VALUE RECOVERY wants for its team members to lead a happy and fulfilled life so it has a suitable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: ARROW VALUE RECOVERY recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by ARROW VALUE RECOVERY, on volunteer work of their choice.
- PARENTAL LEAVE: ARROW VALUE RECOVERY has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ARROW VALUE RECOVERY | 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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