This report analyzes and compares CRESCENT HOTELS & RESORTS' employee health insurance and employee benefits with its industry and in Virginia 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
CRESCENT HOTELS & RESORTS has superb 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 CRESCENT HOTELS & RESORTS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CRESCENT HOTELS & RESORTS continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that CRESCENT HOTELS & RESORTS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: CRESCENT HOTELS & RESORTS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: CRESCENT HOTELS & RESORTS encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, CRESCENT HOTELS & RESORTS supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CRESCENT HOTELS & RESORTS has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: CRESCENT HOTELS & RESORTS believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that CRESCENT HOTELS & RESORTS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: CRESCENT HOTELS & RESORTS does not offer onboarding.
- RECOGNITION PROGRAMS: CRESCENT HOTELS & RESORTS has a first-class 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: CRESCENT HOTELS & RESORTS has a great 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 | CRESCENT HOTELS & RESORTS | Industry | Virginia |
|---|---|---|---|
| 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
CRESCENT HOTELS & RESORTS 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 CRESCENT HOTELS & RESORTS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CRESCENT HOTELS & RESORTS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why CRESCENT HOTELS & RESORTS 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 CRESCENT HOTELS & RESORTS 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. CRESCENT HOTELS & RESORTS partially pays for dentures and braces as well.
- HEALTH INSURANCE: CRESCENT HOTELS & RESORTS offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CRESCENT HOTELS & RESORTS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CRESCENT HOTELS & RESORTS offers an extraordinary 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, CRESCENT HOTELS & RESORTS has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: CRESCENT HOTELS & RESORTS has a valuable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. CRESCENT HOTELS & RESORTS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: CRESCENT HOTELS & RESORTS has an extraordinary 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 | CRESCENT HOTELS & RESORTS | Industry | Virginia |
|---|---|---|---|
| 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
CRESCENT HOTELS & RESORTS 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: CRESCENT HOTELS & RESORTS has a top-notch 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. CRESCENT HOTELS & RESORTS 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 top-notch CRESCENT HOTELS & RESORTS has Matching program that matches 75% of employees' contributions. Whatever CRESCENT HOTELS & RESORTS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CRESCENT HOTELS & RESORTS. Recognizing that every team member is unique, with specific needs and goals, CRESCENT HOTELS & RESORTS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CRESCENT HOTELS & RESORTS has an extraordinary 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: CRESCENT HOTELS & RESORTS offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for CRESCENT HOTELS & RESORTS, and encourage others to do the same.
- CHILDCARE DISCOUNT: CRESCENT HOTELS & RESORTS does not offer childcare discount.
- COMMUTER BENEFIT: CRESCENT HOTELS & RESORTS offers exceptional 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: CRESCENT HOTELS & RESORTS offers a superior 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: CRESCENT HOTELS & RESORTS offers a superior 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: CRESCENT HOTELS & RESORTS offers a suitable life insurance policy to its team members for an affordable price. CRESCENT HOTELS & RESORTS 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: CRESCENT HOTELS & RESORTS 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: CRESCENT HOTELS & RESORTS believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why CRESCENT HOTELS & RESORTS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: CRESCENT HOTELS & RESORTS has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CRESCENT HOTELS & RESORTS | Industry | Virginia |
|---|---|---|---|
| 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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