This report analyzes and compares FOREST CITY ENTERPRISES' employee health insurance and employee benefits with its industry and in Ohio 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
FOREST CITY ENTERPRISES 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 FOREST CITY ENTERPRISES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: FOREST CITY ENTERPRISES 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. FOREST CITY ENTERPRISES has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: FOREST CITY ENTERPRISES believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: FOREST CITY ENTERPRISES 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: FOREST CITY ENTERPRISES has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: FOREST CITY ENTERPRISES offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by FOREST CITY ENTERPRISES to grow as leaders and learn how to make tough calls.
- ONBOARDING: FOREST CITY ENTERPRISES does not offer onboarding.
- RECOGNITION PROGRAMS: FOREST CITY ENTERPRISES knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to FOREST CITY ENTERPRISES.
- TUITION REIMBURSEMENT: FOREST CITY ENTERPRISES does not offer tuition reimbursement.
Benefit | FOREST CITY ENTERPRISES | Industry | Ohio |
|---|---|---|---|
| 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
FOREST CITY ENTERPRISES has good health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers good dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a good healthcare spending account at their disposal.
- COUNSELING: FOREST CITY ENTERPRISES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why FOREST CITY ENTERPRISES 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: Team members at FOREST CITY ENTERPRISES have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. FOREST CITY ENTERPRISES partially pays for dentures and braces as well.
- HEALTH INSURANCE: FOREST CITY ENTERPRISES offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: FOREST CITY ENTERPRISES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: FOREST CITY ENTERPRISES 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: FOREST CITY ENTERPRISES 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: FOREST CITY ENTERPRISES has a solid 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. FOREST CITY ENTERPRISES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: FOREST CITY ENTERPRISES provides a top-notch 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 | FOREST CITY ENTERPRISES | Industry | Ohio |
|---|---|---|---|
| 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
FOREST CITY ENTERPRISES offers superior financial benefits for employees and their family members. A superior 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: FOREST CITY ENTERPRISES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: FOREST CITY ENTERPRISES has a top-notch 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 FOREST CITY ENTERPRISES.
- BONUS PAY: FOREST CITY ENTERPRISES has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: FOREST CITY ENTERPRISES does not offer childcare discount.
- COMMUTER BENEFIT: FOREST CITY ENTERPRISES 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: FOREST CITY ENTERPRISES offers an outstanding 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: FOREST CITY ENTERPRISES has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: FOREST CITY ENTERPRISES offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: FOREST CITY ENTERPRISES wants for its team members to lead a happy and fulfilled life so it has a valuable 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: FOREST CITY ENTERPRISES believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why FOREST CITY ENTERPRISES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: FOREST CITY ENTERPRISES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | FOREST CITY ENTERPRISES | Industry | Ohio |
|---|---|---|---|
| 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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