This report analyzes and compares ESSILOR OF AMERICA's 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
ESSILOR OF AMERICA offers excellent career benefits to help its team members achieve their full potential and maximize their contributions to ESSILOR OF AMERICA with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, ESSILOR OF AMERICA offers excellent leadership programs.
- CAREER PLANNING: ESSILOR OF AMERICA continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that ESSILOR OF AMERICA uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ESSILOR OF AMERICA believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: ESSILOR OF AMERICA offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: ESSILOR OF AMERICA has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ESSILOR OF AMERICA offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ESSILOR OF AMERICA to grow as leaders and learn how to make tough calls.
- ONBOARDING: ESSILOR OF AMERICA offers a remarkable 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: ESSILOR OF AMERICA has a first-class 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: ESSILOR OF AMERICA realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | ESSILOR OF AMERICA | 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
ESSILOR OF AMERICA 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 ESSILOR OF AMERICA's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ESSILOR OF AMERICA has an exceptional counseling program for its employees and their family members. Team members are encouraged by ESSILOR OF AMERICA to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: ESSILOR OF AMERICA offers a solid 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: ESSILOR OF AMERICA offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ESSILOR OF AMERICA 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. ESSILOR OF AMERICA provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, ESSILOR OF AMERICA offers a valuable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: ESSILOR OF AMERICA offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ESSILOR OF AMERICA does not offer telehealth.
- VISION PLAN: ESSILOR OF AMERICA offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ESSILOR OF AMERICA | 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
ESSILOR OF AMERICA 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: ESSILOR OF AMERICA has a superior 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. ESSILOR OF AMERICA provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superior ESSILOR OF AMERICA has Matching program that matches 75% of employees' contributions. Whatever ESSILOR OF AMERICA contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave ESSILOR OF AMERICA. Recognizing that every team member is unique, with specific needs and goals, ESSILOR OF AMERICA keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: ESSILOR OF AMERICA 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: ESSILOR OF AMERICA offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for ESSILOR OF AMERICA, and encourage others to do the same.
- CHILDCARE DISCOUNT: ESSILOR OF AMERICA cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: ESSILOR OF AMERICA offers impressive 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: ESSILOR OF AMERICA offers an exceptional 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: ESSILOR OF AMERICA 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: ESSILOR OF AMERICA offers a valuable life insurance policy to its team members for an affordable price. ESSILOR OF AMERICA 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: ESSILOR OF AMERICA realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ESSILOR OF AMERICA has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ESSILOR OF AMERICA has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, ESSILOR OF AMERICA stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: ESSILOR OF AMERICA has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ESSILOR OF AMERICA | 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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