This report analyzes and compares CASCADE ENGINEERING's employee health insurance and employee benefits with its industry and in Michigan 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
CASCADE ENGINEERING offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CASCADE ENGINEERING believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: CASCADE ENGINEERING offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CASCADE ENGINEERING makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: CASCADE ENGINEERING offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: CASCADE ENGINEERING encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, CASCADE ENGINEERING supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CASCADE ENGINEERING has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CASCADE ENGINEERING does not offer leadership programs.
- ONBOARDING: CASCADE ENGINEERING 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: CASCADE ENGINEERING has a superb 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: CASCADE ENGINEERING does not offer tuition reimbursement.
Benefit | CASCADE ENGINEERING | Industry | Michigan |
|---|---|---|---|
| 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
CASCADE ENGINEERING offers top-notch 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 CASCADE ENGINEERING's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CASCADE ENGINEERING does not offer counseling.
- DENTAL PLAN: CASCADE ENGINEERING offers a good 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: CASCADE ENGINEERING offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CASCADE ENGINEERING 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: CASCADE ENGINEERING 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: CASCADE ENGINEERING 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: CASCADE ENGINEERING has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. CASCADE ENGINEERING can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: CASCADE ENGINEERING has an outstanding 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.
Benefit | CASCADE ENGINEERING | Industry | Michigan |
|---|---|---|---|
| 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 CASCADE ENGINEERING. 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. CASCADE ENGINEERING offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CASCADE ENGINEERING to partially cover the expenses.
- 401(K) PLAN: CASCADE ENGINEERING knows how important it is to think about retirement and start saving on time. That's why it offers a good 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and CASCADE ENGINEERING will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, CASCADE ENGINEERING provides resources which will help team members decide what to do with their 401(k) plan. CASCADE ENGINEERING offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CASCADE ENGINEERING 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: CASCADE ENGINEERING offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for CASCADE ENGINEERING, and encourage others to do the same.
- CHILDCARE DISCOUNT: CASCADE ENGINEERING offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CASCADE ENGINEERING acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CASCADE ENGINEERING offers an impressive daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: CASCADE ENGINEERING has an outstanding 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: CASCADE ENGINEERING offers a suitable life insurance policy to its team members for an affordable price. CASCADE ENGINEERING 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: CASCADE ENGINEERING wants for its team members to lead a happy and fulfilled life so it has a good vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: CASCADE ENGINEERING does not offer paid volunteer time off.
- PARENTAL LEAVE: CASCADE ENGINEERING has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CASCADE ENGINEERING | Industry | Michigan |
|---|---|---|---|
| 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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