This report analyzes and compares CENTERPOINT ENERGY's employee health insurance and employee benefits with its industry and in Texas 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
CENTERPOINT ENERGY offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CENTERPOINT ENERGY 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: CENTERPOINT ENERGY offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CENTERPOINT ENERGY makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: CENTERPOINT ENERGY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: CENTERPOINT ENERGY offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: CENTERPOINT ENERGY has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: CENTERPOINT ENERGY is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, CENTERPOINT ENERGY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: CENTERPOINT ENERGY does not offer onboarding.
- RECOGNITION PROGRAMS: CENTERPOINT ENERGY has a top-notch 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: CENTERPOINT ENERGY does not offer tuition reimbursement.
Benefit | CENTERPOINT ENERGY | Industry | Texas |
|---|---|---|---|
| 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
CENTERPOINT ENERGY provides exceptional health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an exceptional maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: CENTERPOINT ENERGY has an exceptional counseling program for its employees and their family members. Team members are encouraged by CENTERPOINT ENERGY 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 exceptional 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 CENTERPOINT ENERGY 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. CENTERPOINT ENERGY partially pays for dentures and braces as well.
- HEALTH INSURANCE: CENTERPOINT ENERGY provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: CENTERPOINT ENERGY offers its team members first-class 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. CENTERPOINT ENERGY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: CENTERPOINT ENERGY has a superior 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, CENTERPOINT ENERGY has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: CENTERPOINT ENERGY has an impressive 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: CENTERPOINT ENERGY has an impressive 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 | CENTERPOINT ENERGY | Industry | Texas |
|---|---|---|---|
| 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
CENTERPOINT ENERGY offers first-class financial benefits for employees and their family members. A first-class 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: CENTERPOINT ENERGY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CENTERPOINT ENERGY has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: CENTERPOINT ENERGY has an extraordinary 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: CENTERPOINT ENERGY does not offer childcare discount.
- COMMUTER BENEFIT: CENTERPOINT ENERGY 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: CENTERPOINT ENERGY offers an excellent 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: CENTERPOINT ENERGY offers a top-notch 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: CENTERPOINT ENERGY offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: CENTERPOINT ENERGY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CENTERPOINT ENERGY has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CENTERPOINT ENERGY believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why CENTERPOINT ENERGY offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: CENTERPOINT ENERGY has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CENTERPOINT ENERGY | Industry | Texas |
|---|---|---|---|
| 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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