This report analyzes and compares CROWN AUDIO's employee health insurance and employee benefits with its industry and in Indiana 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
CROWN AUDIO 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 CROWN AUDIO. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CROWN AUDIO 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. CROWN AUDIO has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a great coaching and mentoring program, CROWN AUDIO can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows CROWN AUDIO 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: CROWN AUDIO has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CROWN AUDIO is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, CROWN AUDIO ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: CROWN AUDIO is aware of the difficulties that new employees might experience when they join the team. That's why CROWN AUDIO has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CROWN AUDIO knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to CROWN AUDIO.
- TUITION REIMBURSEMENT: CROWN AUDIO does not offer tuition reimbursement.
Benefit | CROWN AUDIO | Industry | Indiana |
|---|---|---|---|
| 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
CROWN AUDIO offers remarkable 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 CROWN AUDIO's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CROWN AUDIO is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why CROWN AUDIO implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: CROWN AUDIO cares about its team members' dental health so it offers an exceptional 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: CROWN AUDIO offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: CROWN AUDIO does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CROWN AUDIO offers an excellent 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: CROWN AUDIO has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: CROWN AUDIO does not offer telehealth.
- VISION PLAN: CROWN AUDIO 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 | CROWN AUDIO | Industry | Indiana |
|---|---|---|---|
| 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
CROWN AUDIO 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: CROWN AUDIO does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CROWN AUDIO has an exceptional 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: CROWN AUDIO offers superb bonuses to team members who excel in their field of work, provide extraordinary results for CROWN AUDIO, and encourage others to do the same.
- CHILDCARE DISCOUNT: CROWN AUDIO cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: CROWN AUDIO acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CROWN AUDIO 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: CROWN AUDIO 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: CROWN AUDIO offers a solid life insurance policy to its team members for an affordable price. CROWN AUDIO 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: CROWN AUDIO realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CROWN AUDIO has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CROWN AUDIO has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CROWN AUDIO stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CROWN AUDIO has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CROWN AUDIO | Industry | Indiana |
|---|---|---|---|
| 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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