This report analyzes and compares CROWN EQUIPMENT's 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
CROWN EQUIPMENT has remarkable 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 EQUIPMENT. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CROWN EQUIPMENT offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CROWN EQUIPMENT makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: By using a great coaching and mentoring program, CROWN EQUIPMENT can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: excellent development resources are what allows CROWN EQUIPMENT 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: CROWN EQUIPMENT has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CROWN EQUIPMENT believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that CROWN EQUIPMENT provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: CROWN EQUIPMENT does not offer onboarding.
- RECOGNITION PROGRAMS: CROWN EQUIPMENT has a remarkable 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: CROWN EQUIPMENT has a suitable 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 | CROWN EQUIPMENT | 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
CROWN EQUIPMENT offers top-notch 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 EQUIPMENT's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CROWN EQUIPMENT has an exceptional counseling program for its employees and their family members. Team members are encouraged by CROWN EQUIPMENT to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at CROWN EQUIPMENT 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. CROWN EQUIPMENT partially pays for dentures and braces as well.
- HEALTH INSURANCE: CROWN EQUIPMENT offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, CROWN EQUIPMENT offers solid health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: CROWN EQUIPMENT offers an exceptional 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 EQUIPMENT offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: CROWN EQUIPMENT has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. CROWN EQUIPMENT 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 EQUIPMENT offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | CROWN EQUIPMENT | 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
Team members enjoy great financial benefits at CROWN EQUIPMENT. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. CROWN EQUIPMENT offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CROWN EQUIPMENT to partially cover the expenses.
- 401(K) PLAN: CROWN EQUIPMENT 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. CROWN EQUIPMENT 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 CROWN EQUIPMENT has Matching program that matches 75% of employees' contributions. Whatever CROWN EQUIPMENT contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CROWN EQUIPMENT. Recognizing that every team member is unique, with specific needs and goals, CROWN EQUIPMENT keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CROWN EQUIPMENT 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 EQUIPMENT has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: CROWN EQUIPMENT does not offer childcare discount.
- COMMUTER BENEFIT: CROWN EQUIPMENT acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CROWN EQUIPMENT offers a superb 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 EQUIPMENT 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 EQUIPMENT offers a valuable life insurance policy to its team members for an affordable price. CROWN EQUIPMENT 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 EQUIPMENT realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CROWN EQUIPMENT has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CROWN EQUIPMENT does not offer paid volunteer time off.
- PARENTAL LEAVE: CROWN EQUIPMENT has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CROWN EQUIPMENT | 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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