This report analyzes and compares FCB (FOOTE CONE & BELDING)'s 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
Career benefits
FCB (FOOTE CONE & BELDING) has top-notch 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 FCB (FOOTE CONE & BELDING). top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FCB (FOOTE CONE & BELDING) 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. FCB (FOOTE CONE & BELDING) has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FCB (FOOTE CONE & BELDING) does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: FCB (FOOTE CONE & BELDING) encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, FCB (FOOTE CONE & BELDING) supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: FCB (FOOTE CONE & BELDING) has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: FCB (FOOTE CONE & BELDING) offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by FCB (FOOTE CONE & BELDING) to grow as leaders and learn how to make tough calls.
- ONBOARDING: FCB (FOOTE CONE & BELDING) is aware of the difficulties that new employees might experience when they join the team. That's why FCB (FOOTE CONE & BELDING) has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: FCB (FOOTE CONE & BELDING) has a superb 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: FCB (FOOTE CONE & BELDING) 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 | FCB (FOOTE CONE & BELDING) | Industry | New York |
|---|---|---|---|
| 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
FCB (FOOTE CONE & BELDING) has valuable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers valuable 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 valuable healthcare spending account at their disposal.
- COUNSELING: FCB (FOOTE CONE & BELDING) does not offer counseling.
- DENTAL PLAN: FCB (FOOTE CONE & BELDING) cares about its team members' dental health so it offers an impressive 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: FCB (FOOTE CONE & BELDING) offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: FCB (FOOTE CONE & BELDING) 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. FCB (FOOTE CONE & BELDING) provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, FCB (FOOTE CONE & BELDING) offers a suitable 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: Aware of the challenges that come with pregnancy, FCB (FOOTE CONE & BELDING) has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: FCB (FOOTE CONE & BELDING) does not offer telehealth.
- VISION PLAN: FCB (FOOTE CONE & BELDING) 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 | FCB (FOOTE CONE & BELDING) | Industry | New York |
|---|---|---|---|
| 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
FCB (FOOTE CONE & BELDING) offers superior financial benefits for employees and their family members. A superior 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: FCB (FOOTE CONE & BELDING) has an outstanding 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, FCB (FOOTE CONE & BELDING) offers an outstanding 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, FCB (FOOTE CONE & BELDING) offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FCB (FOOTE CONE & BELDING) has a remarkable 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 FCB (FOOTE CONE & BELDING).
- BONUS PAY: FCB (FOOTE CONE & BELDING) offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for FCB (FOOTE CONE & BELDING), and encourage others to do the same.
- CHILDCARE DISCOUNT: FCB (FOOTE CONE & BELDING) offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: FCB (FOOTE CONE & BELDING) 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: FCB (FOOTE CONE & BELDING) offers a first-class daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: FCB (FOOTE CONE & BELDING) has an outstanding 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: FCB (FOOTE CONE & BELDING) offers an extraordinary life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: FCB (FOOTE CONE & BELDING) has an impressive 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: FCB (FOOTE CONE & BELDING) has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, FCB (FOOTE CONE & BELDING) stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: FCB (FOOTE CONE & BELDING) has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FCB (FOOTE CONE & BELDING) | Industry | New York |
|---|---|---|---|
| 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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