This report analyzes and compares CROWN CASTLE's employee health insurance and employee benefits with its industry and in Texas 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 CASTLE offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CROWN CASTLE believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: CROWN CASTLE offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CROWN CASTLE makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: By using a good coaching and mentoring program, CROWN CASTLE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: CROWN CASTLE encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, CROWN CASTLE supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CROWN CASTLE has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CROWN CASTLE offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CROWN CASTLE to grow as leaders and learn how to make tough calls.
- ONBOARDING: CROWN CASTLE does not offer onboarding.
- RECOGNITION PROGRAMS: CROWN CASTLE 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 CASTLE.
- TUITION REIMBURSEMENT: CROWN CASTLE does not offer tuition reimbursement.
Benefit | CROWN CASTLE | Industry | Texas |
|---|---|---|---|
| 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 CASTLE 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 CROWN CASTLE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CROWN CASTLE 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 CASTLE implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at CROWN CASTLE have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. CROWN CASTLE partially pays for dentures and braces as well.
- HEALTH INSURANCE: CROWN CASTLE provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: CROWN CASTLE offers its team members superb health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. CROWN CASTLE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CROWN CASTLE offers a suitable 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: Aware of the challenges that come with pregnancy, CROWN CASTLE has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: CROWN CASTLE has implemented a superb telehealth policy for its members to use any time of the day, every single day. CROWN CASTLE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CROWN CASTLE provides a remarkable 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 | CROWN CASTLE | Industry | Texas |
|---|---|---|---|
| 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 CASTLE offers superior financial benefits for employees and their family members. A superior 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 CASTLE has an exceptional 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, CROWN CASTLE offers an exceptional program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, CROWN CASTLE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CROWN CASTLE has an outstanding 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 CASTLE offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for CROWN CASTLE, and encourage others to do the same.
- CHILDCARE DISCOUNT: CROWN CASTLE does not offer childcare discount.
- COMMUTER BENEFIT: CROWN CASTLE 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: CROWN CASTLE has a great 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: CROWN CASTLE has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CROWN CASTLE offers a valuable life insurance policy to its team members for an affordable price. CROWN CASTLE 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 CASTLE wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: CROWN CASTLE has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CROWN CASTLE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CROWN CASTLE has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CROWN CASTLE | Industry | Texas |
|---|---|---|---|
| 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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