This report analyzes and compares CLOUDMONKEY's employee health insurance and employee benefits with its industry and in Colorado 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
CLOUDMONKEY offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CLOUDMONKEY believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: CLOUDMONKEY offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CLOUDMONKEY makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: CLOUDMONKEY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows CLOUDMONKEY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CLOUDMONKEY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: CLOUDMONKEY does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why CLOUDMONKEY offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: CLOUDMONKEY 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: CLOUDMONKEY does not offer tuition reimbursement.
Benefit | CLOUDMONKEY | Industry | Colorado |
|---|---|---|---|
| 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
CLOUDMONKEY offers first-class 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 CLOUDMONKEY's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CLOUDMONKEY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why CLOUDMONKEY implemented a great counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at CLOUDMONKEY 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. CLOUDMONKEY partially pays for dentures and braces as well.
- HEALTH INSURANCE: CLOUDMONKEY offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, CLOUDMONKEY offers suitable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: CLOUDMONKEY has a top-notch 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, CLOUDMONKEY has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: CLOUDMONKEY does not offer telehealth.
- VISION PLAN: CLOUDMONKEY has an exceptional 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 | CLOUDMONKEY | Industry | Colorado |
|---|---|---|---|
| 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 valuable financial benefits at CLOUDMONKEY. 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. CLOUDMONKEY offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CLOUDMONKEY to partially cover the expenses.
- 401(K) PLAN: CLOUDMONKEY has a superb 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. CLOUDMONKEY provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superb CLOUDMONKEY has Matching program that matches 75% of employees' contributions. Whatever CLOUDMONKEY contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CLOUDMONKEY. Recognizing that every team member is unique, with specific needs and goals, CLOUDMONKEY keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CLOUDMONKEY has a top-notch 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 CLOUDMONKEY.
- BONUS PAY: CLOUDMONKEY has a suitable 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: CLOUDMONKEY offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CLOUDMONKEY acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CLOUDMONKEY has a good daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: CLOUDMONKEY has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CLOUDMONKEY 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: CLOUDMONKEY has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: CLOUDMONKEY does not offer paid volunteer time off.
- PARENTAL LEAVE: CLOUDMONKEY has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CLOUDMONKEY | Industry | Colorado |
|---|---|---|---|
| 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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