This report analyzes and compares CHEVRON PHILLIPS CHEMICAL'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
CHEVRON PHILLIPS CHEMICAL has top-notch 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 CHEVRON PHILLIPS CHEMICAL. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CHEVRON PHILLIPS CHEMICAL continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that CHEVRON PHILLIPS CHEMICAL uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: CHEVRON PHILLIPS CHEMICAL 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: CHEVRON PHILLIPS CHEMICAL encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, CHEVRON PHILLIPS CHEMICAL 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: CHEVRON PHILLIPS CHEMICAL does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: CHEVRON PHILLIPS CHEMICAL believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that CHEVRON PHILLIPS CHEMICAL provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: CHEVRON PHILLIPS CHEMICAL is aware of the difficulties that new employees might experience when they join the team. That's why CHEVRON PHILLIPS CHEMICAL has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CHEVRON PHILLIPS CHEMICAL has a remarkable 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: CHEVRON PHILLIPS CHEMICAL realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
CHEVRON PHILLIPS CHEMICAL
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
CHEVRON PHILLIPS CHEMICAL offers superior 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 CHEVRON PHILLIPS CHEMICAL's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CHEVRON PHILLIPS CHEMICAL does not offer counseling.
- DENTAL PLAN: CHEVRON PHILLIPS CHEMICAL 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: CHEVRON PHILLIPS CHEMICAL offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CHEVRON PHILLIPS CHEMICAL is aware of the fact that a healthy employee is a productive employee so it offers excellent 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: CHEVRON PHILLIPS CHEMICAL 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: Aware of the challenges that come with pregnancy, CHEVRON PHILLIPS CHEMICAL has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: CHEVRON PHILLIPS CHEMICAL has implemented a superior telehealth policy for its members to use any time of the day, every single day. CHEVRON PHILLIPS CHEMICAL covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CHEVRON PHILLIPS CHEMICAL offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
CHEVRON PHILLIPS CHEMICAL
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
CHEVRON PHILLIPS CHEMICAL 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: CHEVRON PHILLIPS CHEMICAL has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, CHEVRON PHILLIPS CHEMICAL offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, CHEVRON PHILLIPS CHEMICAL offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CHEVRON PHILLIPS CHEMICAL has a good 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: CHEVRON PHILLIPS CHEMICAL offers superior bonuses to team members who excel in their field of work, provide extraordinary results for CHEVRON PHILLIPS CHEMICAL, and encourage others to do the same.
- CHILDCARE DISCOUNT: CHEVRON PHILLIPS CHEMICAL does not offer childcare discount.
- COMMUTER BENEFIT: CHEVRON PHILLIPS CHEMICAL offers outstanding 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: CHEVRON PHILLIPS CHEMICAL offers an exceptional 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: CHEVRON PHILLIPS CHEMICAL has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CHEVRON PHILLIPS CHEMICAL offers a valuable life insurance policy to its team members for an affordable price. CHEVRON PHILLIPS CHEMICAL 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: CHEVRON PHILLIPS CHEMICAL wants for its team members to lead a happy and fulfilled life so it has a solid 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: CHEVRON PHILLIPS CHEMICAL has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CHEVRON PHILLIPS CHEMICAL stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CHEVRON PHILLIPS CHEMICAL has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
CHEVRON PHILLIPS CHEMICAL
|401(k) plan Benefits|
|Adoption assistance reimbursement Benefits|
|Bonus pay Benefits|
|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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