This report analyzes and compares CONVERGENCE MARKETING'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
CONVERGENCE MARKETING offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CONVERGENCE MARKETING 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: CONVERGENCE MARKETING believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. CONVERGENCE MARKETING has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: CONVERGENCE MARKETING offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows CONVERGENCE MARKETING to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CONVERGENCE MARKETING does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: CONVERGENCE MARKETING is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, CONVERGENCE MARKETING ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: CONVERGENCE MARKETING is aware of the difficulties that new employees might experience when they join the team. That's why CONVERGENCE MARKETING has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CONVERGENCE MARKETING has a superior 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: CONVERGENCE MARKETING does not offer tuition reimbursement.
Benefit | CONVERGENCE MARKETING | 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
CONVERGENCE MARKETING 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 CONVERGENCE MARKETING's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CONVERGENCE MARKETING wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: CONVERGENCE MARKETING 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: CONVERGENCE MARKETING offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: CONVERGENCE MARKETING does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CONVERGENCE MARKETING offers a good healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: CONVERGENCE MARKETING offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: CONVERGENCE MARKETING does not offer telehealth.
- VISION PLAN: CONVERGENCE MARKETING provides a superior 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 | CONVERGENCE MARKETING | 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
CONVERGENCE MARKETING 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: CONVERGENCE MARKETING has a remarkable 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. CONVERGENCE MARKETING 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 remarkable CONVERGENCE MARKETING has Matching program that matches 75% of employees' contributions. Whatever CONVERGENCE MARKETING contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CONVERGENCE MARKETING. Recognizing that every team member is unique, with specific needs and goals, CONVERGENCE MARKETING keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CONVERGENCE MARKETING has a remarkable 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 CONVERGENCE MARKETING.
- BONUS PAY: CONVERGENCE MARKETING has an excellent 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: CONVERGENCE MARKETING offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CONVERGENCE MARKETING 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: CONVERGENCE MARKETING 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: CONVERGENCE MARKETING offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: CONVERGENCE MARKETING has a superior 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: CONVERGENCE MARKETING realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CONVERGENCE MARKETING has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CONVERGENCE MARKETING believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why CONVERGENCE MARKETING offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: CONVERGENCE MARKETING has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CONVERGENCE MARKETING | 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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