This report analyzes and compares CONTECH ENGINEERED SOLUTIONS' employee health insurance and employee benefits with its industry and in Ohio 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
CONTECH ENGINEERED SOLUTIONS 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 CONTECH ENGINEERED SOLUTIONS. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CONTECH ENGINEERED SOLUTIONS believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. CONTECH ENGINEERED SOLUTIONS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: CONTECH ENGINEERED SOLUTIONS believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: excellent development resources are what allows CONTECH ENGINEERED SOLUTIONS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CONTECH ENGINEERED SOLUTIONS has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: CONTECH ENGINEERED SOLUTIONS offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CONTECH ENGINEERED SOLUTIONS to grow as leaders and learn how to make tough calls.
- ONBOARDING: CONTECH ENGINEERED SOLUTIONS is aware of the difficulties that new employees might experience when they join the team. That's why CONTECH ENGINEERED SOLUTIONS has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, CONTECH ENGINEERED SOLUTIONS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: CONTECH ENGINEERED SOLUTIONS has a good 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 | CONTECH ENGINEERED SOLUTIONS | Industry | Ohio |
|---|---|---|---|
| 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
CONTECH ENGINEERED SOLUTIONS offers superb 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 CONTECH ENGINEERED SOLUTIONS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CONTECH ENGINEERED SOLUTIONS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why CONTECH ENGINEERED SOLUTIONS implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: CONTECH ENGINEERED SOLUTIONS offers a solid 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: CONTECH ENGINEERED SOLUTIONS offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: CONTECH ENGINEERED SOLUTIONS is aware of the fact that a healthy employee is a productive employee so it offers outstanding 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: CONTECH ENGINEERED SOLUTIONS 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: CONTECH ENGINEERED SOLUTIONS offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: CONTECH ENGINEERED SOLUTIONS has an excellent 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: CONTECH ENGINEERED SOLUTIONS 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.
Benefit | CONTECH ENGINEERED SOLUTIONS | Industry | Ohio |
|---|---|---|---|
| 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
CONTECH ENGINEERED SOLUTIONS 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: CONTECH ENGINEERED SOLUTIONS 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 CONTECH ENGINEERED SOLUTIONS 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, CONTECH ENGINEERED SOLUTIONS provides resources which will help team members decide what to do with their 401(k) plan. CONTECH ENGINEERED SOLUTIONS offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CONTECH ENGINEERED SOLUTIONS has a solid 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: CONTECH ENGINEERED SOLUTIONS has an impressive 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: CONTECH ENGINEERED SOLUTIONS cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: CONTECH ENGINEERED SOLUTIONS offers excellent 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: CONTECH ENGINEERED SOLUTIONS has a valuable 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: CONTECH ENGINEERED SOLUTIONS has an outstanding 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: CONTECH ENGINEERED SOLUTIONS offers a suitable life insurance policy to its team members for an affordable price. CONTECH ENGINEERED SOLUTIONS 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: CONTECH ENGINEERED SOLUTIONS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CONTECH ENGINEERED SOLUTIONS has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CONTECH ENGINEERED SOLUTIONS has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CONTECH ENGINEERED SOLUTIONS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CONTECH ENGINEERED SOLUTIONS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CONTECH ENGINEERED SOLUTIONS | Industry | Ohio |
|---|---|---|---|
| 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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