This report analyzes and compares FMC TECHNOLOGIES' employee health insurance and employee benefits with its industry and in Texas 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
FMC TECHNOLOGIES has superior 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 FMC TECHNOLOGIES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FMC TECHNOLOGIES believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. FMC TECHNOLOGIES has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FMC TECHNOLOGIES offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows FMC TECHNOLOGIES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: FMC TECHNOLOGIES has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: FMC TECHNOLOGIES offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by FMC TECHNOLOGIES to grow as leaders and learn how to make tough calls.
- 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 FMC TECHNOLOGIES offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: FMC TECHNOLOGIES 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 FMC TECHNOLOGIES.
- TUITION REIMBURSEMENT: FMC TECHNOLOGIES has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at FMC TECHNOLOGIES.
Benefit | FMC TECHNOLOGIES | Industry | Texas |
|---|---|---|---|
| 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
FMC TECHNOLOGIES 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 FMC TECHNOLOGIES's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: FMC TECHNOLOGIES has an extraordinary counseling program for its employees and their family members. Team members are encouraged by FMC TECHNOLOGIES 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: FMC TECHNOLOGIES cares about its team members' dental health so it offers an excellent 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: FMC TECHNOLOGIES offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: FMC TECHNOLOGIES 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. FMC TECHNOLOGIES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, FMC TECHNOLOGIES offers a solid 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: FMC TECHNOLOGIES has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: FMC TECHNOLOGIES has a great telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. FMC TECHNOLOGIES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: FMC TECHNOLOGIES has an impressive 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 | FMC TECHNOLOGIES | Industry | Texas |
|---|---|---|---|
| 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
Team members enjoy great financial benefits at FMC TECHNOLOGIES. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. FMC TECHNOLOGIES offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect FMC TECHNOLOGIES to partially cover the expenses.
- 401(K) PLAN: FMC TECHNOLOGIES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FMC TECHNOLOGIES does not offer adoption assistance reimbursement.
- BONUS PAY: FMC TECHNOLOGIES offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for FMC TECHNOLOGIES, and encourage others to do the same.
- CHILDCARE DISCOUNT: FMC TECHNOLOGIES does not offer childcare discount.
- COMMUTER BENEFIT: FMC TECHNOLOGIES has a great commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: FMC TECHNOLOGIES offers a superb 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: FMC TECHNOLOGIES offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: FMC TECHNOLOGIES offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: FMC TECHNOLOGIES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why FMC TECHNOLOGIES has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: FMC TECHNOLOGIES does not offer paid volunteer time off.
- PARENTAL LEAVE: FMC TECHNOLOGIES has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FMC TECHNOLOGIES | Industry | Texas |
|---|---|---|---|
| 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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