This report analyzes and compares BEACON ROOFING SUPPLY's employee health insurance and employee benefits with its industry and in Virginia 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
BEACON ROOFING SUPPLY 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 BEACON ROOFING SUPPLY. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BEACON ROOFING SUPPLY believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. BEACON ROOFING SUPPLY has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BEACON ROOFING SUPPLY believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows BEACON ROOFING SUPPLY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: BEACON ROOFING SUPPLY has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: BEACON ROOFING SUPPLY offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by BEACON ROOFING SUPPLY to grow as leaders and learn how to make tough calls.
- ONBOARDING: BEACON ROOFING SUPPLY does not offer onboarding.
- RECOGNITION PROGRAMS: BEACON ROOFING SUPPLY 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: BEACON ROOFING SUPPLY 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 | BEACON ROOFING SUPPLY | Industry | Virginia |
|---|---|---|---|
| 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
BEACON ROOFING SUPPLY offers superb 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 BEACON ROOFING SUPPLY's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BEACON ROOFING SUPPLY wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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: BEACON ROOFING SUPPLY 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: BEACON ROOFING SUPPLY provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: BEACON ROOFING SUPPLY is aware of the fact that a healthy employee is a productive employee so it offers extraordinary health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: BEACON ROOFING SUPPLY offers an impressive 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: BEACON ROOFING SUPPLY has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: BEACON ROOFING SUPPLY has implemented a first-class telehealth policy for its members to use any time of the day, every single day. BEACON ROOFING SUPPLY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BEACON ROOFING SUPPLY offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | BEACON ROOFING SUPPLY | Industry | Virginia |
|---|---|---|---|
| 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
BEACON ROOFING SUPPLY 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: BEACON ROOFING SUPPLY 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. BEACON ROOFING SUPPLY 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 BEACON ROOFING SUPPLY has Matching program that matches 75% of employees' contributions. Whatever BEACON ROOFING SUPPLY contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BEACON ROOFING SUPPLY. Recognizing that every team member is unique, with specific needs and goals, BEACON ROOFING SUPPLY keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BEACON ROOFING SUPPLY has a great Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: BEACON ROOFING SUPPLY offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for BEACON ROOFING SUPPLY, and encourage others to do the same.
- CHILDCARE DISCOUNT: BEACON ROOFING SUPPLY offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: BEACON ROOFING SUPPLY has a great 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: BEACON ROOFING SUPPLY has a valuable 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: BEACON ROOFING SUPPLY 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: BEACON ROOFING SUPPLY offers an exceptional life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: BEACON ROOFING SUPPLY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why BEACON ROOFING SUPPLY has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: BEACON ROOFING SUPPLY believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why BEACON ROOFING SUPPLY offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: BEACON ROOFING SUPPLY has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BEACON ROOFING SUPPLY | Industry | Virginia |
|---|---|---|---|
| 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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