This report analyzes and compares FERRELLGAS' employee health insurance and employee benefits with its industry and in Kansas 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
FERRELLGAS 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 FERRELLGAS. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FERRELLGAS offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, FERRELLGAS makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, FERRELLGAS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: FERRELLGAS encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, FERRELLGAS supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: FERRELLGAS has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: FERRELLGAS offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by FERRELLGAS to grow as leaders and learn how to make tough calls.
- ONBOARDING: FERRELLGAS is aware of the difficulties that new employees might experience when they join the team. That's why FERRELLGAS has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: FERRELLGAS 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: FERRELLGAS has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at FERRELLGAS.
Benefit | FERRELLGAS | Industry | Kansas |
|---|---|---|---|
| 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
FERRELLGAS 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 FERRELLGAS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FERRELLGAS has an exceptional counseling program for its employees and their family members. Team members are encouraged by FERRELLGAS to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at FERRELLGAS 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. FERRELLGAS partially pays for dentures and braces as well.
- HEALTH INSURANCE: FERRELLGAS provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: FERRELLGAS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, FERRELLGAS offers a good 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, FERRELLGAS has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: FERRELLGAS does not offer telehealth.
- VISION PLAN: FERRELLGAS 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 | FERRELLGAS | Industry | Kansas |
|---|---|---|---|
| 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
FERRELLGAS offers first-class financial benefits for employees and their family members. A first-class 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: FERRELLGAS 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. FERRELLGAS 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 FERRELLGAS has Matching program that matches 75% of employees' contributions. Whatever FERRELLGAS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave FERRELLGAS. Recognizing that every team member is unique, with specific needs and goals, FERRELLGAS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: FERRELLGAS does not offer adoption assistance reimbursement.
- BONUS PAY: FERRELLGAS offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for FERRELLGAS, and encourage others to do the same.
- CHILDCARE DISCOUNT: FERRELLGAS offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: FERRELLGAS 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: FERRELLGAS offers a top-notch 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: FERRELLGAS has an exceptional 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: FERRELLGAS has a superior 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: FERRELLGAS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why FERRELLGAS has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: FERRELLGAS has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, FERRELLGAS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: FERRELLGAS has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FERRELLGAS | Industry | Kansas |
|---|---|---|---|
| 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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