This report analyzes and compares BIGMACHINES' employee health insurance and employee benefits with its industry and in Illinois State.

COMPARE BIGMACHINES' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

BIGMACHINES 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 BIGMACHINES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: BIGMACHINES offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, BIGMACHINES makes sure that every single team member takes the full advantage of top-notch career planning programs.
  • COACHING AND MENTORING: BIGMACHINES offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
  • DEVELOPMENT RESOURCES: BIGMACHINES encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, BIGMACHINES supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
  • GED REIMBURSEMENT: BIGMACHINES has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
  • LEADERSHIP PROGRAMS: BIGMACHINES does not offer leadership programs.
  • ONBOARDING: BIGMACHINES offers a remarkable Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
  • RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BIGMACHINES implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: BIGMACHINES 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 BIGMACHINES.
BIGMACHINES's career benefits comparison table

Benefit

BIGMACHINES

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

BIGMACHINES 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 BIGMACHINES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: BIGMACHINES does not offer counseling.
  • DENTAL PLAN: BIGMACHINES offers a valuable 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: BIGMACHINES offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: BIGMACHINES offers its team members top-notch 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. BIGMACHINES provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: BIGMACHINES 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: Aware of the challenges that come with pregnancy, BIGMACHINES has created a superb maternity support program to support its expecting team members.
  • TELEHEALTH: BIGMACHINES 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: BIGMACHINES 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.
BIGMACHINES's healthcare benefits comparison table

Benefit

BIGMACHINES

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

BIGMACHINES offers remarkable financial benefits for employees and their family members. A remarkable 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: BIGMACHINES has a remarkable 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. BIGMACHINES 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 remarkable BIGMACHINES has Matching program that matches 75% of employees' contributions. Whatever BIGMACHINES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BIGMACHINES. Recognizing that every team member is unique, with specific needs and goals, BIGMACHINES keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: BIGMACHINES has a valuable 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: BIGMACHINES 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: BIGMACHINES offers a valuable discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: BIGMACHINES offers extraordinary 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: BIGMACHINES has a suitable 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: BIGMACHINES has an impressive 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: BIGMACHINES offers a solid life insurance policy to its team members for an affordable price. BIGMACHINES 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: BIGMACHINES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why BIGMACHINES has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: BIGMACHINES has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, BIGMACHINES stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: BIGMACHINES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
BIGMACHINES's financial benefits comparison table

Benefit

BIGMACHINES

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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