This report analyzes and compares ELECTRICAL COMPONENTS INTERNATIONAL's employee health insurance and employee benefits with its industry and in Missouri 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
ELECTRICAL COMPONENTS INTERNATIONAL offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ELECTRICAL COMPONENTS INTERNATIONAL believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: ELECTRICAL COMPONENTS INTERNATIONAL 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. ELECTRICAL COMPONENTS INTERNATIONAL has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ELECTRICAL COMPONENTS INTERNATIONAL does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: impressive development resources are what allows ELECTRICAL COMPONENTS INTERNATIONAL to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: ELECTRICAL COMPONENTS INTERNATIONAL has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ELECTRICAL COMPONENTS INTERNATIONAL is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, ELECTRICAL COMPONENTS INTERNATIONAL ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: ELECTRICAL COMPONENTS INTERNATIONAL is aware of the difficulties that new employees might experience when they join the team. That's why ELECTRICAL COMPONENTS INTERNATIONAL has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: ELECTRICAL COMPONENTS INTERNATIONAL 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: ELECTRICAL COMPONENTS INTERNATIONAL does not offer tuition reimbursement.
Benefit | ELECTRICAL COMPONENTS INTERNATIONAL | Industry | Missouri |
|---|---|---|---|
| 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
ELECTRICAL COMPONENTS INTERNATIONAL has valuable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers valuable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a valuable healthcare spending account at their disposal.
- COUNSELING: ELECTRICAL COMPONENTS INTERNATIONAL is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why ELECTRICAL COMPONENTS INTERNATIONAL implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: ELECTRICAL COMPONENTS INTERNATIONAL 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: ELECTRICAL COMPONENTS INTERNATIONAL offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ELECTRICAL COMPONENTS INTERNATIONAL is aware of the fact that a healthy employee is a productive employee so it offers impressive health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: ELECTRICAL COMPONENTS INTERNATIONAL offers an outstanding 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: ELECTRICAL COMPONENTS INTERNATIONAL has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: ELECTRICAL COMPONENTS INTERNATIONAL does not offer telehealth.
- VISION PLAN: ELECTRICAL COMPONENTS INTERNATIONAL 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 | ELECTRICAL COMPONENTS INTERNATIONAL | Industry | Missouri |
|---|---|---|---|
| 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
ELECTRICAL COMPONENTS INTERNATIONAL 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: ELECTRICAL COMPONENTS INTERNATIONAL does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ELECTRICAL COMPONENTS INTERNATIONAL 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: ELECTRICAL COMPONENTS INTERNATIONAL has a valuable 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: ELECTRICAL COMPONENTS INTERNATIONAL has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: ELECTRICAL COMPONENTS INTERNATIONAL has a suitable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ELECTRICAL COMPONENTS INTERNATIONAL offers a remarkable 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: ELECTRICAL COMPONENTS INTERNATIONAL has an exceptional 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: ELECTRICAL COMPONENTS INTERNATIONAL has a superb life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: ELECTRICAL COMPONENTS INTERNATIONAL has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: ELECTRICAL COMPONENTS INTERNATIONAL has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, ELECTRICAL COMPONENTS INTERNATIONAL stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: ELECTRICAL COMPONENTS INTERNATIONAL has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ELECTRICAL COMPONENTS INTERNATIONAL | Industry | Missouri |
|---|---|---|---|
| 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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