This report analyzes and compares FLORIDA EAST COAST INDUSTRIES' employee health insurance and employee benefits with its industry and in Florida 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
FLORIDA EAST COAST INDUSTRIES offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. FLORIDA EAST COAST INDUSTRIES believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: FLORIDA EAST COAST INDUSTRIES offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, FLORIDA EAST COAST INDUSTRIES makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: FLORIDA EAST COAST INDUSTRIES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: FLORIDA EAST COAST INDUSTRIES offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: FLORIDA EAST COAST INDUSTRIES does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: FLORIDA EAST COAST INDUSTRIES 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 FLORIDA EAST COAST INDUSTRIES offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, FLORIDA EAST COAST INDUSTRIES implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: FLORIDA EAST COAST INDUSTRIES does not offer tuition reimbursement.
Benefit | FLORIDA EAST COAST INDUSTRIES | Industry | Florida |
|---|---|---|---|
| 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
FLORIDA EAST COAST INDUSTRIES offers remarkable 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 FLORIDA EAST COAST INDUSTRIES's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FLORIDA EAST COAST INDUSTRIES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its top-notch 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: FLORIDA EAST COAST INDUSTRIES 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: FLORIDA EAST COAST INDUSTRIES offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: FLORIDA EAST COAST INDUSTRIES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: FLORIDA EAST COAST INDUSTRIES has a top-notch healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: FLORIDA EAST COAST INDUSTRIES offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: FLORIDA EAST COAST INDUSTRIES does not offer telehealth.
- VISION PLAN: FLORIDA EAST COAST INDUSTRIES 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 | FLORIDA EAST COAST INDUSTRIES | Industry | Florida |
|---|---|---|---|
| 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
FLORIDA EAST COAST INDUSTRIES offers superb financial benefits for employees and their family members. A superb 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: FLORIDA EAST COAST INDUSTRIES knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 FLORIDA EAST COAST INDUSTRIES 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, FLORIDA EAST COAST INDUSTRIES provides resources which will help team members decide what to do with their 401(k) plan. FLORIDA EAST COAST INDUSTRIES offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: FLORIDA EAST COAST INDUSTRIES has an excellent Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: FLORIDA EAST COAST INDUSTRIES offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for FLORIDA EAST COAST INDUSTRIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: FLORIDA EAST COAST INDUSTRIES cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: FLORIDA EAST COAST INDUSTRIES acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: FLORIDA EAST COAST INDUSTRIES 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: FLORIDA EAST COAST INDUSTRIES has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: FLORIDA EAST COAST INDUSTRIES 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: FLORIDA EAST COAST INDUSTRIES has an outstanding 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: FLORIDA EAST COAST INDUSTRIES recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by FLORIDA EAST COAST INDUSTRIES, on volunteer work of their choice.
- PARENTAL LEAVE: FLORIDA EAST COAST INDUSTRIES has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FLORIDA EAST COAST INDUSTRIES | Industry | Florida |
|---|---|---|---|
| 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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