This report analyzes and compares EMC INSURANCE's employee health insurance and employee benefits with its industry and in Iowa 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
EMC INSURANCE has superior 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 EMC INSURANCE. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: EMC INSURANCE continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that EMC INSURANCE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: EMC INSURANCE offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: EMC INSURANCE offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: EMC INSURANCE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: EMC INSURANCE does not offer leadership programs.
- ONBOARDING: EMC INSURANCE is aware of the difficulties that new employees might experience when they join the team. That's why EMC INSURANCE has a good 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, EMC INSURANCE implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: EMC INSURANCE 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 | EMC INSURANCE | Industry | Iowa |
|---|---|---|---|
| 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
EMC INSURANCE offers superb 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 EMC INSURANCE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EMC INSURANCE does not offer counseling.
- DENTAL PLAN: EMC INSURANCE cares about its team members' dental health so it offers an outstanding 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: EMC INSURANCE 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: EMC INSURANCE offers its team members remarkable 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. EMC INSURANCE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: EMC INSURANCE has a remarkable 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: EMC INSURANCE 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: EMC INSURANCE has a suitable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. EMC INSURANCE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: EMC INSURANCE has an extraordinary Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | EMC INSURANCE | Industry | Iowa |
|---|---|---|---|
| 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 EMC INSURANCE. 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. EMC INSURANCE offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect EMC INSURANCE to partially cover the expenses.
- 401(K) PLAN: EMC INSURANCE has an exceptional 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, EMC INSURANCE offers an exceptional program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, EMC INSURANCE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: EMC INSURANCE has a valuable 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: EMC INSURANCE offers superb bonuses to team members who excel in their field of work, provide extraordinary results for EMC INSURANCE, and encourage others to do the same.
- CHILDCARE DISCOUNT: EMC INSURANCE does not offer childcare discount.
- COMMUTER BENEFIT: EMC INSURANCE 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: EMC INSURANCE 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: EMC INSURANCE has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: EMC INSURANCE offers a good life insurance policy to its team members for an affordable price. EMC INSURANCE 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: EMC INSURANCE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why EMC INSURANCE has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: EMC INSURANCE does not offer paid volunteer time off.
- PARENTAL LEAVE: EMC INSURANCE has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EMC INSURANCE | Industry | Iowa |
|---|---|---|---|
| 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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