This report analyzes and compares CHOICE HOTELS INTERNATIONAL's employee health insurance and employee benefits with its industry and in Maryland 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
CHOICE HOTELS INTERNATIONAL offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CHOICE HOTELS INTERNATIONAL believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: CHOICE HOTELS INTERNATIONAL offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CHOICE HOTELS INTERNATIONAL makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: CHOICE HOTELS INTERNATIONAL offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CHOICE HOTELS INTERNATIONAL does not offer leadership programs.
- ONBOARDING: CHOICE HOTELS INTERNATIONAL does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, CHOICE HOTELS INTERNATIONAL implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: CHOICE HOTELS INTERNATIONAL does not offer tuition reimbursement.
Benefit | CHOICE HOTELS INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| 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
CHOICE HOTELS INTERNATIONAL 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 CHOICE HOTELS INTERNATIONAL's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CHOICE HOTELS INTERNATIONAL has an extraordinary counseling program for its employees and their family members. Team members are encouraged by CHOICE HOTELS INTERNATIONAL 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: CHOICE HOTELS INTERNATIONAL offers a great 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: CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: CHOICE HOTELS INTERNATIONAL has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. CHOICE HOTELS INTERNATIONAL covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CHOICE HOTELS INTERNATIONAL offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | CHOICE HOTELS INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| 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
CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL knows how important it is to think about retirement and start saving on time. That's why it offers a solid 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 CHOICE HOTELS INTERNATIONAL 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, CHOICE HOTELS INTERNATIONAL provides resources which will help team members decide what to do with their 401(k) plan. CHOICE HOTELS INTERNATIONAL offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CHOICE HOTELS INTERNATIONAL has a superb Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by CHOICE HOTELS INTERNATIONAL.
- BONUS PAY: CHOICE HOTELS INTERNATIONAL has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: CHOICE HOTELS INTERNATIONAL has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL offers a top-notch daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: CHOICE HOTELS INTERNATIONAL has an exceptional 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: CHOICE HOTELS INTERNATIONAL offers a solid life insurance policy to its team members for an affordable price. CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL 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: CHOICE HOTELS INTERNATIONAL does not offer paid volunteer time off.
- PARENTAL LEAVE: CHOICE HOTELS INTERNATIONAL has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CHOICE HOTELS INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| 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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