This report analyzes and compares ENTERPRISE PRODUCTS PARTNERS' 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
ENTERPRISE PRODUCTS PARTNERS has first-class 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 ENTERPRISE PRODUCTS PARTNERS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ENTERPRISE PRODUCTS PARTNERS believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. ENTERPRISE PRODUCTS PARTNERS has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ENTERPRISE PRODUCTS PARTNERS 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: impressive development resources are what allows ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: ENTERPRISE PRODUCTS PARTNERS offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ENTERPRISE PRODUCTS PARTNERS to grow as leaders and learn how to make tough calls.
- ONBOARDING: ENTERPRISE PRODUCTS PARTNERS offers a first-class Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: ENTERPRISE PRODUCTS PARTNERS knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to ENTERPRISE PRODUCTS PARTNERS.
- TUITION REIMBURSEMENT: ENTERPRISE PRODUCTS PARTNERS 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 | ENTERPRISE PRODUCTS PARTNERS | 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
ENTERPRISE PRODUCTS PARTNERS has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable 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 suitable healthcare spending account at their disposal.
- COUNSELING: ENTERPRISE PRODUCTS PARTNERS does not offer counseling.
- DENTAL PLAN: ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ENTERPRISE PRODUCTS PARTNERS is aware of the fact that a healthy employee is a productive employee so it offers excellent 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: ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS has a valuable 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. ENTERPRISE PRODUCTS PARTNERS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: ENTERPRISE PRODUCTS PARTNERS offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ENTERPRISE PRODUCTS PARTNERS | 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
ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 ENTERPRISE PRODUCTS PARTNERS 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, ENTERPRISE PRODUCTS PARTNERS provides resources which will help team members decide what to do with their 401(k) plan. ENTERPRISE PRODUCTS PARTNERS offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: ENTERPRISE PRODUCTS PARTNERS has a great 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: ENTERPRISE PRODUCTS PARTNERS offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for ENTERPRISE PRODUCTS PARTNERS, and encourage others to do the same.
- CHILDCARE DISCOUNT: ENTERPRISE PRODUCTS PARTNERS has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: ENTERPRISE PRODUCTS PARTNERS has a solid 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: ENTERPRISE PRODUCTS PARTNERS offers an outstanding 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: ENTERPRISE PRODUCTS PARTNERS 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: ENTERPRISE PRODUCTS PARTNERS has a top-notch 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: ENTERPRISE PRODUCTS PARTNERS has an outstanding 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: ENTERPRISE PRODUCTS PARTNERS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ENTERPRISE PRODUCTS PARTNERS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ENTERPRISE PRODUCTS PARTNERS has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ENTERPRISE PRODUCTS PARTNERS | 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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