This report analyzes and compares DR PEPPER SNAPPLE GROUP'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
DR PEPPER SNAPPLE GROUP offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. DR PEPPER SNAPPLE GROUP has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: DR PEPPER SNAPPLE GROUP offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: DR PEPPER SNAPPLE GROUP offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: DR PEPPER SNAPPLE GROUP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: DR PEPPER SNAPPLE GROUP does not offer leadership programs.
- ONBOARDING: DR PEPPER SNAPPLE GROUP is aware of the difficulties that new employees might experience when they join the team. That's why DR PEPPER SNAPPLE GROUP has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, DR PEPPER SNAPPLE GROUP implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: DR PEPPER SNAPPLE GROUP 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 | DR PEPPER SNAPPLE GROUP | 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
DR PEPPER SNAPPLE GROUP 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 DR PEPPER SNAPPLE GROUP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: DR PEPPER SNAPPLE GROUP is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: DR PEPPER SNAPPLE GROUP offers its team members first-class 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. DR PEPPER SNAPPLE GROUP provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: DR PEPPER SNAPPLE GROUP has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: DR PEPPER SNAPPLE GROUP provides a first-class 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 | DR PEPPER SNAPPLE GROUP | 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
DR PEPPER SNAPPLE GROUP offers top-notch financial benefits for employees and their family members. A top-notch 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: DR PEPPER SNAPPLE GROUP knows how important it is to think about retirement and start saving on time. That's why it offers a great 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and DR PEPPER SNAPPLE GROUP will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, DR PEPPER SNAPPLE GROUP provides resources which will help team members decide what to do with their 401(k) plan. DR PEPPER SNAPPLE GROUP offers a great vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: DR PEPPER SNAPPLE GROUP has a suitable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: DR PEPPER SNAPPLE GROUP has a great 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: DR PEPPER SNAPPLE GROUP cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP offers an exceptional daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: DR PEPPER SNAPPLE GROUP has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: DR PEPPER SNAPPLE GROUP offers a suitable life insurance policy to its team members for an affordable price. DR PEPPER SNAPPLE GROUP 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: DR PEPPER SNAPPLE GROUP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why DR PEPPER SNAPPLE GROUP has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: DR PEPPER SNAPPLE GROUP recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by DR PEPPER SNAPPLE GROUP, on volunteer work of their choice.
- PARENTAL LEAVE: DR PEPPER SNAPPLE GROUP has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | DR PEPPER SNAPPLE GROUP | 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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