This report analyzes and compares FERGUSON ENTERPRISES' employee health insurance and employee benefits with its industry and in Virginia State.

COMPARE FERGUSON ENTERPRISES' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

FERGUSON ENTERPRISES has remarkable 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 FERGUSON ENTERPRISES. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: FERGUSON ENTERPRISES continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that FERGUSON ENTERPRISES uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: FERGUSON ENTERPRISES believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: FERGUSON ENTERPRISES encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, FERGUSON ENTERPRISES 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: FERGUSON ENTERPRISES has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
  • LEADERSHIP PROGRAMS: FERGUSON ENTERPRISES does not offer leadership programs.
  • ONBOARDING: FERGUSON ENTERPRISES is aware of the difficulties that new employees might experience when they join the team. That's why FERGUSON ENTERPRISES has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: FERGUSON ENTERPRISES knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to FERGUSON ENTERPRISES.
  • TUITION REIMBURSEMENT: FERGUSON ENTERPRISES has a valuable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
FERGUSON ENTERPRISES's career benefits comparison table

Benefit

FERGUSON ENTERPRISES

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

FERGUSON ENTERPRISES 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 FERGUSON ENTERPRISES's superb maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: FERGUSON ENTERPRISES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
  • DENTAL PLAN: Team members at FERGUSON ENTERPRISES have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. FERGUSON ENTERPRISES partially pays for dentures and braces as well.
  • HEALTH INSURANCE: FERGUSON ENTERPRISES offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: FERGUSON ENTERPRISES is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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: FERGUSON ENTERPRISES offers an extraordinary 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: FERGUSON ENTERPRISES has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
  • TELEHEALTH: FERGUSON ENTERPRISES has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. FERGUSON ENTERPRISES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
  • VISION PLAN: FERGUSON ENTERPRISES has an exceptional 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.
FERGUSON ENTERPRISES's healthcare benefits comparison table

Benefit

FERGUSON ENTERPRISES

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

FERGUSON ENTERPRISES 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: FERGUSON ENTERPRISES knows how important it is to think about retirement and start saving on time. That's why it offers a solid 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and FERGUSON ENTERPRISES will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, FERGUSON ENTERPRISES provides resources which will help team members decide what to do with their 401(k) plan. FERGUSON ENTERPRISES offers a solid vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: FERGUSON ENTERPRISES 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 FERGUSON ENTERPRISES.
  • BONUS PAY: FERGUSON ENTERPRISES has an outstanding bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
  • CHILDCARE DISCOUNT: FERGUSON ENTERPRISES has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
  • COMMUTER BENEFIT: FERGUSON ENTERPRISES offers extraordinary 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: FERGUSON ENTERPRISES offers an impressive 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: FERGUSON ENTERPRISES 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: FERGUSON ENTERPRISES offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
  • PAID TIME OFF: FERGUSON ENTERPRISES 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: FERGUSON ENTERPRISES has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, FERGUSON ENTERPRISES stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: FERGUSON ENTERPRISES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
FERGUSON ENTERPRISES's financial benefits comparison table

Benefit

FERGUSON ENTERPRISES

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

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