This report analyzes and compares ESTEE LAUDER COMPANIES' employee health insurance and employee benefits with its industry and in New York 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
ESTEE LAUDER COMPANIES offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ESTEE LAUDER COMPANIES believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: ESTEE LAUDER COMPANIES continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that ESTEE LAUDER COMPANIES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, ESTEE LAUDER COMPANIES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: ESTEE LAUDER COMPANIES offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ESTEE LAUDER COMPANIES to grow as leaders and learn how to make tough calls.
- ONBOARDING: ESTEE LAUDER COMPANIES does not offer onboarding.
- RECOGNITION PROGRAMS: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES does not offer tuition reimbursement.
ESTEE LAUDER COMPANIES
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
ESTEE LAUDER COMPANIES offers first-class 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 ESTEE LAUDER COMPANIES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ESTEE LAUDER COMPANIES does not offer counseling.
- DENTAL PLAN: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ESTEE LAUDER COMPANIES 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. ESTEE LAUDER COMPANIES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ESTEE LAUDER COMPANIES 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. ESTEE LAUDER COMPANIES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: ESTEE LAUDER COMPANIES provides a top-notch Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
ESTEE LAUDER COMPANIES
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
ESTEE LAUDER COMPANIES offers top-notch financial benefits for employees and their family members. A top-notch 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: ESTEE LAUDER COMPANIES has a superb 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. ESTEE LAUDER COMPANIES 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 superb ESTEE LAUDER COMPANIES has Matching program that matches 75% of employees' contributions. Whatever ESTEE LAUDER COMPANIES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave ESTEE LAUDER COMPANIES. Recognizing that every team member is unique, with specific needs and goals, ESTEE LAUDER COMPANIES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: ESTEE LAUDER COMPANIES has a good 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: ESTEE LAUDER COMPANIES offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for ESTEE LAUDER COMPANIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: ESTEE LAUDER COMPANIES does not offer childcare discount.
- COMMUTER BENEFIT: ESTEE LAUDER COMPANIES acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES has an excellent 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: ESTEE LAUDER COMPANIES has a remarkable 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: ESTEE LAUDER COMPANIES 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: ESTEE LAUDER COMPANIES recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by ESTEE LAUDER COMPANIES, on volunteer work of their choice.
- PARENTAL LEAVE: ESTEE LAUDER COMPANIES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
ESTEE LAUDER COMPANIES
|401(k) plan Benefits|
|Adoption assistance reimbursement Benefits|
|Bonus pay Benefits|
|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
|Paid time off Benefits|
|Paid volunteer time off Benefits|
|Parental leave Benefits|
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