This report analyzes and compares FEDERAL EXECUTIVE INSTITUTE's employee health insurance and employee benefits with its industry and in Virginia 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
FEDERAL EXECUTIVE INSTITUTE offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. FEDERAL EXECUTIVE INSTITUTE believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: FEDERAL EXECUTIVE INSTITUTE believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. FEDERAL EXECUTIVE INSTITUTE has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FEDERAL EXECUTIVE INSTITUTE offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: FEDERAL EXECUTIVE INSTITUTE is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, FEDERAL EXECUTIVE INSTITUTE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: FEDERAL EXECUTIVE INSTITUTE is aware of the difficulties that new employees might experience when they join the team. That's why FEDERAL EXECUTIVE INSTITUTE has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE does not offer tuition reimbursement.
Benefit | FEDERAL EXECUTIVE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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
FEDERAL EXECUTIVE INSTITUTE 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 FEDERAL EXECUTIVE INSTITUTE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FEDERAL EXECUTIVE INSTITUTE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why FEDERAL EXECUTIVE INSTITUTE implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: To financially help its team members with medical emergencies, FEDERAL EXECUTIVE INSTITUTE 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, FEDERAL EXECUTIVE INSTITUTE has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: FEDERAL EXECUTIVE INSTITUTE does not offer telehealth.
- VISION PLAN: FEDERAL EXECUTIVE INSTITUTE provides a superior 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.
Benefit | FEDERAL EXECUTIVE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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
FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE 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, FEDERAL EXECUTIVE INSTITUTE 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, FEDERAL EXECUTIVE INSTITUTE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FEDERAL EXECUTIVE INSTITUTE 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 FEDERAL EXECUTIVE INSTITUTE.
- BONUS PAY: FEDERAL EXECUTIVE INSTITUTE offers superior bonuses to team members who excel in their field of work, provide extraordinary results for FEDERAL EXECUTIVE INSTITUTE, and encourage others to do the same.
- CHILDCARE DISCOUNT: FEDERAL EXECUTIVE INSTITUTE does not offer childcare discount.
- COMMUTER BENEFIT: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE offers an extraordinary 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: FEDERAL EXECUTIVE INSTITUTE has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE 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: FEDERAL EXECUTIVE INSTITUTE recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by FEDERAL EXECUTIVE INSTITUTE, on volunteer work of their choice.
- PARENTAL LEAVE: FEDERAL EXECUTIVE INSTITUTE has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FEDERAL EXECUTIVE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared FEDERAL EXECUTIVE INSTITUTE's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.