This report analyzes and compares BROWN & BROWN's employee health insurance and employee benefits with its industry and in New York 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
BROWN & BROWN 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 BROWN & BROWN. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BROWN & BROWN offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, BROWN & BROWN makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: BROWN & BROWN believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: BROWN & BROWN encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, BROWN & BROWN supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: BROWN & BROWN has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: BROWN & BROWN is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, BROWN & BROWN ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: BROWN & BROWN offers a first-class 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: BROWN & BROWN has a first-class 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: BROWN & BROWN has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at BROWN & BROWN.
BROWN & BROWN
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|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
BROWN & BROWN 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 BROWN & BROWN's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BROWN & BROWN has an outstanding counseling program for its employees and their family members. Team members are encouraged by BROWN & BROWN 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: Team members at BROWN & BROWN have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. BROWN & BROWN partially pays for dentures and braces as well.
- HEALTH INSURANCE: BROWN & BROWN offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: BROWN & BROWN offers its team members remarkable 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. BROWN & BROWN provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: BROWN & BROWN 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: Aware of the challenges that come with pregnancy, BROWN & BROWN has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: BROWN & BROWN has implemented a superb telehealth policy for its members to use any time of the day, every single day. BROWN & BROWN covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BROWN & BROWN has an excellent 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.
BROWN & BROWN
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|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
BROWN & BROWN offers superior financial benefits for employees and their family members. A superior 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: BROWN & BROWN 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. BROWN & BROWN 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 BROWN & BROWN has Matching program that matches 75% of employees' contributions. Whatever BROWN & BROWN contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BROWN & BROWN. Recognizing that every team member is unique, with specific needs and goals, BROWN & BROWN keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BROWN & BROWN does not offer adoption assistance reimbursement.
- BONUS PAY: BROWN & BROWN offers superior bonuses to team members who excel in their field of work, provide extraordinary results for BROWN & BROWN, and encourage others to do the same.
- CHILDCARE DISCOUNT: BROWN & BROWN cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: BROWN & BROWN has a good 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: BROWN & BROWN has a solid 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: BROWN & BROWN has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: BROWN & BROWN has a first-class life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: BROWN & BROWN has an excellent 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: BROWN & BROWN does not offer paid volunteer time off.
- PARENTAL LEAVE: BROWN & BROWN has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
BROWN & BROWN
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|Adoption assistance reimbursement Benefits|
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|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
|Paid time off Benefits|
|Paid volunteer time off Benefits|
|Parental leave Benefits|
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