This report analyzes and compares EASTMAN CHEMICAL COMPANY's employee health insurance and employee benefits with its industry and in Tennessee 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
EASTMAN CHEMICAL COMPANY 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 EASTMAN CHEMICAL COMPANY. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: EASTMAN CHEMICAL COMPANY continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that EASTMAN CHEMICAL COMPANY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: EASTMAN CHEMICAL COMPANY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: excellent development resources are what allows EASTMAN CHEMICAL COMPANY 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: EASTMAN CHEMICAL COMPANY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: EASTMAN CHEMICAL COMPANY does not offer leadership programs.
- 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 EASTMAN CHEMICAL COMPANY offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: EASTMAN CHEMICAL COMPANY 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 EASTMAN CHEMICAL COMPANY.
- TUITION REIMBURSEMENT: EASTMAN CHEMICAL COMPANY realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | EASTMAN CHEMICAL COMPANY | Industry | Tennessee |
|---|---|---|---|
| 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
EASTMAN CHEMICAL COMPANY 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 EASTMAN CHEMICAL COMPANY's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EASTMAN CHEMICAL COMPANY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why EASTMAN CHEMICAL COMPANY implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: EASTMAN CHEMICAL COMPANY cares about its team members' dental health so it offers an excellent 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: EASTMAN CHEMICAL COMPANY offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: EASTMAN CHEMICAL COMPANY 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. EASTMAN CHEMICAL COMPANY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: EASTMAN CHEMICAL COMPANY has a top-notch 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: EASTMAN CHEMICAL COMPANY has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: EASTMAN CHEMICAL COMPANY has implemented a superior telehealth policy for its members to use any time of the day, every single day. EASTMAN CHEMICAL COMPANY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: EASTMAN CHEMICAL COMPANY offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | EASTMAN CHEMICAL COMPANY | Industry | Tennessee |
|---|---|---|---|
| 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
EASTMAN CHEMICAL COMPANY 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: EASTMAN CHEMICAL COMPANY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: EASTMAN CHEMICAL COMPANY has an extraordinary 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: EASTMAN CHEMICAL COMPANY offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for EASTMAN CHEMICAL COMPANY, and encourage others to do the same.
- CHILDCARE DISCOUNT: EASTMAN CHEMICAL COMPANY cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: EASTMAN CHEMICAL COMPANY offers extraordinary commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: EASTMAN CHEMICAL COMPANY 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: EASTMAN CHEMICAL COMPANY has an outstanding disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: EASTMAN CHEMICAL COMPANY offers a solid life insurance policy to its team members for an affordable price. EASTMAN CHEMICAL COMPANY 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: EASTMAN CHEMICAL COMPANY 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: EASTMAN CHEMICAL COMPANY 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 EASTMAN CHEMICAL COMPANY, on volunteer work of their choice.
- PARENTAL LEAVE: EASTMAN CHEMICAL COMPANY has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EASTMAN CHEMICAL COMPANY | Industry | Tennessee |
|---|---|---|---|
| 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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