This report analyzes and compares CLASSIFIED VENTURES' employee health insurance and employee benefits with its industry and in Illinois 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
CLASSIFIED VENTURES has superior 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 CLASSIFIED VENTURES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CLASSIFIED VENTURES continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that CLASSIFIED VENTURES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: CLASSIFIED VENTURES believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: CLASSIFIED VENTURES encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, CLASSIFIED VENTURES supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CLASSIFIED VENTURES does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: CLASSIFIED VENTURES offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CLASSIFIED VENTURES to grow as leaders and learn how to make tough calls.
- ONBOARDING: CLASSIFIED VENTURES offers a superior 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: Aware of the fact that its team members work hard, CLASSIFIED VENTURES implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: CLASSIFIED VENTURES has a valuable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | CLASSIFIED VENTURES | Industry | Illinois |
|---|---|---|---|
| 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
CLASSIFIED VENTURES 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 CLASSIFIED VENTURES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CLASSIFIED VENTURES does not offer counseling.
- DENTAL PLAN: CLASSIFIED VENTURES offers a valuable 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: CLASSIFIED VENTURES offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CLASSIFIED VENTURES offers its team members superb 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. CLASSIFIED VENTURES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: CLASSIFIED VENTURES 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: Aware of the challenges that come with pregnancy, CLASSIFIED VENTURES has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: CLASSIFIED VENTURES has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. CLASSIFIED VENTURES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CLASSIFIED VENTURES provides a superb 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.
Benefit | CLASSIFIED VENTURES | Industry | Illinois |
|---|---|---|---|
| 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
CLASSIFIED VENTURES offers superb financial benefits for employees and their family members. A superb 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: CLASSIFIED VENTURES knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 CLASSIFIED VENTURES 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, CLASSIFIED VENTURES provides resources which will help team members decide what to do with their 401(k) plan. CLASSIFIED VENTURES offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CLASSIFIED VENTURES has an outstanding 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: CLASSIFIED VENTURES offers superior bonuses to team members who excel in their field of work, provide extraordinary results for CLASSIFIED VENTURES, and encourage others to do the same.
- CHILDCARE DISCOUNT: CLASSIFIED VENTURES has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: CLASSIFIED VENTURES has a good 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: CLASSIFIED VENTURES offers an extraordinary 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: CLASSIFIED VENTURES has an impressive 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: CLASSIFIED VENTURES has a remarkable 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: CLASSIFIED VENTURES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CLASSIFIED VENTURES has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CLASSIFIED VENTURES does not offer paid volunteer time off.
- PARENTAL LEAVE: CLASSIFIED VENTURES has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CLASSIFIED VENTURES | Industry | Illinois |
|---|---|---|---|
| 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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