This report analyzes and compares AVEPOINT's employee health insurance and employee benefits with its industry and in New Jersey 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
AVEPOINT has superior 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 AVEPOINT. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: AVEPOINT offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, AVEPOINT makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: AVEPOINT 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: AVEPOINT 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: AVEPOINT has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: AVEPOINT believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that AVEPOINT provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: AVEPOINT is aware of the difficulties that new employees might experience when they join the team. That's why AVEPOINT has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: AVEPOINT knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to AVEPOINT.
- TUITION REIMBURSEMENT: AVEPOINT has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at AVEPOINT.
Benefit | AVEPOINT | Industry | New Jersey |
|---|---|---|---|
| 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
AVEPOINT 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 AVEPOINT's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AVEPOINT does not offer counseling.
- DENTAL PLAN: AVEPOINT offers a great 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: AVEPOINT offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: AVEPOINT 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. AVEPOINT provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: AVEPOINT offers an exceptional 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: Aware of the challenges that come with pregnancy, AVEPOINT has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: AVEPOINT has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. AVEPOINT can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: AVEPOINT has an outstanding 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 | AVEPOINT | Industry | New Jersey |
|---|---|---|---|
| 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 good financial benefits at AVEPOINT. 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. AVEPOINT offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect AVEPOINT to partially cover the expenses.
- 401(K) PLAN: AVEPOINT knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 AVEPOINT 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, AVEPOINT provides resources which will help team members decide what to do with their 401(k) plan. AVEPOINT offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: AVEPOINT 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 AVEPOINT.
- BONUS PAY: AVEPOINT has a great 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: AVEPOINT offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: AVEPOINT acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: AVEPOINT 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: AVEPOINT offers a remarkable 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: AVEPOINT offers a great life insurance policy to its team members for an affordable price. AVEPOINT 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: AVEPOINT wants for its team members to lead a happy and fulfilled life so it has a great 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: AVEPOINT does not offer paid volunteer time off.
- PARENTAL LEAVE: AVEPOINT has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AVEPOINT | Industry | New Jersey |
|---|---|---|---|
| 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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