This report analyzes and compares BLOOMIN' BRANDS' employee health insurance and employee benefits with its industry and in Florida 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
BLOOMIN' BRANDS offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. BLOOMIN' BRANDS believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: BLOOMIN' BRANDS believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. BLOOMIN' BRANDS has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BLOOMIN' BRANDS 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: BLOOMIN' BRANDS offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: BLOOMIN' BRANDS has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: BLOOMIN' BRANDS does not offer leadership programs.
- ONBOARDING: BLOOMIN' BRANDS does not offer onboarding.
- RECOGNITION PROGRAMS: BLOOMIN' BRANDS knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to BLOOMIN' BRANDS.
- TUITION REIMBURSEMENT: BLOOMIN' BRANDS has a suitable 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 | BLOOMIN' BRANDS | Industry | Florida |
|---|---|---|---|
| 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
BLOOMIN' BRANDS 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 BLOOMIN' BRANDS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BLOOMIN' BRANDS has an outstanding counseling program for its employees and their family members. Team members are encouraged by BLOOMIN' BRANDS 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 outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: BLOOMIN' BRANDS cares about its team members' dental health so it offers an outstanding 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: BLOOMIN' BRANDS 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: BLOOMIN' BRANDS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: BLOOMIN' BRANDS has a remarkable 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: BLOOMIN' BRANDS 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: BLOOMIN' BRANDS has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. BLOOMIN' BRANDS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BLOOMIN' BRANDS offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | BLOOMIN' BRANDS | Industry | Florida |
|---|---|---|---|
| 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
BLOOMIN' BRANDS 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: BLOOMIN' BRANDS 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. BLOOMIN' BRANDS 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 BLOOMIN' BRANDS has Matching program that matches 75% of employees' contributions. Whatever BLOOMIN' BRANDS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BLOOMIN' BRANDS. Recognizing that every team member is unique, with specific needs and goals, BLOOMIN' BRANDS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BLOOMIN' BRANDS does not offer adoption assistance reimbursement.
- BONUS PAY: BLOOMIN' BRANDS has an outstanding bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: BLOOMIN' BRANDS has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: BLOOMIN' BRANDS offers excellent 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: BLOOMIN' BRANDS offers a remarkable 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: BLOOMIN' BRANDS offers a superb 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: BLOOMIN' BRANDS offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: BLOOMIN' BRANDS has an outstanding 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: BLOOMIN' BRANDS has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, BLOOMIN' BRANDS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: BLOOMIN' BRANDS has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BLOOMIN' BRANDS | Industry | Florida |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared BLOOMIN' BRANDS' benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.