This report analyzes and compares GE SOFTWARE's employee health insurance and employee benefits with its industry and in California 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
GE SOFTWARE offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. GE SOFTWARE believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: GE SOFTWARE offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, GE SOFTWARE makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: GE SOFTWARE does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows GE SOFTWARE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: GE SOFTWARE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: GE SOFTWARE offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by GE SOFTWARE to grow as leaders and learn how to make tough calls.
- ONBOARDING: GE SOFTWARE does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, GE SOFTWARE implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: GE SOFTWARE does not offer tuition reimbursement.
Benefit | GE SOFTWARE | Industry | California |
|---|---|---|---|
| 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
GE SOFTWARE offers superior 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 GE SOFTWARE's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GE SOFTWARE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why GE SOFTWARE implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: GE SOFTWARE offers a suitable 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: GE SOFTWARE provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: GE SOFTWARE offers its team members superb 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. GE SOFTWARE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: GE SOFTWARE offers an excellent 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: GE SOFTWARE offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GE SOFTWARE has implemented a superb telehealth policy for its members to use any time of the day, every single day. GE SOFTWARE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: GE SOFTWARE offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | GE SOFTWARE | Industry | California |
|---|---|---|---|
| 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
GE SOFTWARE 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: GE SOFTWARE has a top-notch 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. GE SOFTWARE 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 top-notch GE SOFTWARE has Matching program that matches 75% of employees' contributions. Whatever GE SOFTWARE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave GE SOFTWARE. Recognizing that every team member is unique, with specific needs and goals, GE SOFTWARE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: GE SOFTWARE does not offer adoption assistance reimbursement.
- BONUS PAY: GE SOFTWARE has a suitable 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: GE SOFTWARE offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: GE SOFTWARE has a suitable 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: GE SOFTWARE offers a remarkable 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: GE SOFTWARE 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: GE SOFTWARE 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: GE SOFTWARE 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: GE SOFTWARE 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, GE SOFTWARE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: GE SOFTWARE has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GE SOFTWARE | Industry | California |
|---|---|---|---|
| 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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