This report analyzes and compares CARAUSTAR INDUSTRIES' employee health insurance and employee benefits with its industry and in Georgia State.

COMPARE CARAUSTAR INDUSTRIES' 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

CARAUSTAR INDUSTRIES has first-class 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 CARAUSTAR INDUSTRIES. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: CARAUSTAR INDUSTRIES continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that CARAUSTAR INDUSTRIES uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: CARAUSTAR INDUSTRIES believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: CARAUSTAR INDUSTRIES offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: CARAUSTAR INDUSTRIES has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: CARAUSTAR INDUSTRIES is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, CARAUSTAR INDUSTRIES ensures that team members with a potential for becoming leaders can achieve their goals.
  • ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why CARAUSTAR INDUSTRIES offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
  • RECOGNITION PROGRAMS: CARAUSTAR INDUSTRIES 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 CARAUSTAR INDUSTRIES.
  • TUITION REIMBURSEMENT: CARAUSTAR INDUSTRIES has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
CARAUSTAR INDUSTRIES's career benefits comparison table

Benefit

CARAUSTAR INDUSTRIES

Industry

Georgia

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

CARAUSTAR INDUSTRIES has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a suitable healthcare spending account at their disposal.

  • COUNSELING: CARAUSTAR INDUSTRIES has an impressive counseling program for its employees and their family members. Team members are encouraged by CARAUSTAR INDUSTRIES 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 impressive 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 CARAUSTAR INDUSTRIES have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. CARAUSTAR INDUSTRIES partially pays for dentures and braces as well.
  • HEALTH INSURANCE: CARAUSTAR INDUSTRIES offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: CARAUSTAR INDUSTRIES does not offer health plan incentives.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CARAUSTAR INDUSTRIES offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
  • MATERNITY SUPPORT PROGRAM: CARAUSTAR INDUSTRIES 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: CARAUSTAR INDUSTRIES does not offer telehealth.
  • VISION PLAN: CARAUSTAR INDUSTRIES provides a top-notch Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
CARAUSTAR INDUSTRIES's healthcare benefits comparison table

Benefit

CARAUSTAR INDUSTRIES

Industry

Georgia

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 CARAUSTAR INDUSTRIES. 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. CARAUSTAR INDUSTRIES offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CARAUSTAR INDUSTRIES to partially cover the expenses.

  • 401(K) PLAN: CARAUSTAR INDUSTRIES 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. CARAUSTAR INDUSTRIES 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 CARAUSTAR INDUSTRIES has Matching program that matches 75% of employees' contributions. Whatever CARAUSTAR INDUSTRIES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CARAUSTAR INDUSTRIES. Recognizing that every team member is unique, with specific needs and goals, CARAUSTAR INDUSTRIES keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: CARAUSTAR INDUSTRIES 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: CARAUSTAR INDUSTRIES offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for CARAUSTAR INDUSTRIES, and encourage others to do the same.
  • CHILDCARE DISCOUNT: CARAUSTAR INDUSTRIES does not offer childcare discount.
  • COMMUTER BENEFIT: CARAUSTAR INDUSTRIES has a valuable 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: CARAUSTAR INDUSTRIES 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: CARAUSTAR INDUSTRIES 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: CARAUSTAR INDUSTRIES has a top-notch 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: CARAUSTAR INDUSTRIES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CARAUSTAR INDUSTRIES has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: CARAUSTAR INDUSTRIES recognizes the importance of giving back to the community so it offers a suitable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by CARAUSTAR INDUSTRIES, on volunteer work of their choice.
  • PARENTAL LEAVE: CARAUSTAR INDUSTRIES has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
CARAUSTAR INDUSTRIES's financial benefits comparison table

Benefit

CARAUSTAR INDUSTRIES

Industry

Georgia

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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