This report analyzes and compares FAMOUS DAVE'S OF AMERICA's employee health insurance and employee benefits with its industry and in Minnesota 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
FAMOUS DAVE'S OF AMERICA 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 FAMOUS DAVE'S OF AMERICA. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FAMOUS DAVE'S OF AMERICA believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. FAMOUS DAVE'S OF AMERICA has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FAMOUS DAVE'S OF AMERICA believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows FAMOUS DAVE'S OF AMERICA 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: FAMOUS DAVE'S OF AMERICA has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: FAMOUS DAVE'S OF AMERICA does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why FAMOUS DAVE'S OF AMERICA offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: FAMOUS DAVE'S OF AMERICA knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to FAMOUS DAVE'S OF AMERICA.
- TUITION REIMBURSEMENT: FAMOUS DAVE'S OF AMERICA does not offer tuition reimbursement.
Benefit | FAMOUS DAVE'S OF AMERICA | Industry | Minnesota |
|---|---|---|---|
| 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
FAMOUS DAVE'S 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 FAMOUS DAVE'S OF AMERICA's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FAMOUS DAVE'S OF AMERICA does not offer counseling.
- DENTAL PLAN: FAMOUS DAVE'S OF AMERICA 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: FAMOUS DAVE'S OF AMERICA provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, FAMOUS DAVE'S OF AMERICA offers great health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: FAMOUS DAVE'S OF AMERICA offers an excellent 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: FAMOUS DAVE'S OF AMERICA offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: FAMOUS DAVE'S OF AMERICA has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. FAMOUS DAVE'S OF AMERICA covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: FAMOUS DAVE'S OF AMERICA has an outstanding 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 | FAMOUS DAVE'S OF AMERICA | Industry | Minnesota |
|---|---|---|---|
| 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
FAMOUS DAVE'S 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: FAMOUS DAVE'S OF AMERICA does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FAMOUS DAVE'S OF AMERICA has a superb Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by FAMOUS DAVE'S OF AMERICA.
- BONUS PAY: FAMOUS DAVE'S OF AMERICA offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for FAMOUS DAVE'S OF AMERICA, and encourage others to do the same.
- CHILDCARE DISCOUNT: FAMOUS DAVE'S OF AMERICA cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: FAMOUS DAVE'S OF AMERICA offers excellent 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: FAMOUS DAVE'S OF AMERICA 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: FAMOUS DAVE'S OF AMERICA has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: FAMOUS DAVE'S OF AMERICA offers a suitable life insurance policy to its team members for an affordable price. FAMOUS DAVE'S 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: FAMOUS DAVE'S OF AMERICA wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: FAMOUS DAVE'S OF AMERICA has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, FAMOUS DAVE'S OF AMERICA stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: FAMOUS DAVE'S OF AMERICA has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FAMOUS DAVE'S OF AMERICA | Industry | Minnesota |
|---|---|---|---|
| 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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