This report analyzes and compares DRINKER BIDDLE & REATH LLP's employee health insurance and employee benefits with its industry and in Pennsylvania 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
DRINKER BIDDLE & REATH LLP 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 DRINKER BIDDLE & REATH LLP. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: DRINKER BIDDLE & REATH LLP offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, DRINKER BIDDLE & REATH LLP makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: DRINKER BIDDLE & REATH LLP believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: excellent development resources are what allows DRINKER BIDDLE & REATH LLP 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: DRINKER BIDDLE & REATH LLP has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: DRINKER BIDDLE & REATH LLP offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by DRINKER BIDDLE & REATH LLP to grow as leaders and learn how to make tough calls.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why DRINKER BIDDLE & REATH LLP offers an extraordinary Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, DRINKER BIDDLE & REATH LLP implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: DRINKER BIDDLE & REATH LLP has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at DRINKER BIDDLE & REATH LLP.
Benefit | DRINKER BIDDLE & REATH LLP | Industry | Pennsylvania |
|---|---|---|---|
| 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
DRINKER BIDDLE & REATH LLP 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 DRINKER BIDDLE & REATH LLP's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: DRINKER BIDDLE & REATH LLP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: DRINKER BIDDLE & REATH LLP offers a valuable dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: DRINKER BIDDLE & REATH LLP provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: DRINKER BIDDLE & REATH LLP offers its team members superior 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. DRINKER BIDDLE & REATH LLP provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: DRINKER BIDDLE & REATH LLP has a superior healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: DRINKER BIDDLE & REATH LLP offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: DRINKER BIDDLE & REATH LLP does not offer telehealth.
- VISION PLAN: DRINKER BIDDLE & REATH LLP offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | DRINKER BIDDLE & REATH LLP | Industry | Pennsylvania |
|---|---|---|---|
| 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
DRINKER BIDDLE & REATH LLP offers remarkable financial benefits for employees and their family members. A remarkable 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: DRINKER BIDDLE & REATH LLP knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 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 DRINKER BIDDLE & REATH LLP 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, DRINKER BIDDLE & REATH LLP provides resources which will help team members decide what to do with their 401(k) plan. DRINKER BIDDLE & REATH LLP offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: DRINKER BIDDLE & REATH LLP does not offer adoption assistance reimbursement.
- BONUS PAY: DRINKER BIDDLE & REATH LLP has a suitable 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: DRINKER BIDDLE & REATH LLP cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: DRINKER BIDDLE & REATH LLP acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: DRINKER BIDDLE & REATH LLP offers an excellent 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: DRINKER BIDDLE & REATH LLP 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: DRINKER BIDDLE & REATH LLP offers a valuable life insurance policy to its team members for an affordable price. DRINKER BIDDLE & REATH LLP 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: DRINKER BIDDLE & REATH LLP wants for its team members to lead a happy and fulfilled life so it has a good 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: DRINKER BIDDLE & REATH LLP believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why DRINKER BIDDLE & REATH LLP offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: DRINKER BIDDLE & REATH LLP has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | DRINKER BIDDLE & REATH LLP | Industry | Pennsylvania |
|---|---|---|---|
| 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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