This report analyzes and compares GENISYS SOFTWARE LTD's employee health insurance and employee benefits with its industry and in New Jersey 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
GENISYS SOFTWARE LTD has first-class 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 GENISYS SOFTWARE LTD. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: GENISYS SOFTWARE LTD continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that GENISYS SOFTWARE LTD uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, GENISYS SOFTWARE LTD can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: GENISYS SOFTWARE LTD offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: GENISYS SOFTWARE LTD has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GENISYS SOFTWARE LTD offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by GENISYS SOFTWARE LTD 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 GENISYS SOFTWARE LTD offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: GENISYS SOFTWARE LTD 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: GENISYS SOFTWARE LTD has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | GENISYS SOFTWARE LTD | Industry | New Jersey |
|---|---|---|---|
| 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
GENISYS SOFTWARE LTD 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 GENISYS SOFTWARE LTD's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GENISYS SOFTWARE LTD does not offer counseling.
- DENTAL PLAN: Team members at GENISYS SOFTWARE LTD have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. GENISYS SOFTWARE LTD partially pays for dentures and braces as well.
- HEALTH INSURANCE: GENISYS SOFTWARE LTD provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: GENISYS SOFTWARE LTD is aware of the fact that a healthy employee is a productive employee so it offers extraordinary health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: GENISYS SOFTWARE LTD offers an exceptional 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: GENISYS SOFTWARE LTD offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GENISYS SOFTWARE LTD does not offer telehealth.
- VISION PLAN: GENISYS SOFTWARE LTD 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 | GENISYS SOFTWARE LTD | Industry | New Jersey |
|---|---|---|---|
| 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
GENISYS SOFTWARE LTD offers remarkable financial benefits for employees and their family members. A remarkable 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: GENISYS SOFTWARE LTD has a first-class 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. GENISYS SOFTWARE LTD 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 first-class GENISYS SOFTWARE LTD has Matching program that matches 75% of employees' contributions. Whatever GENISYS SOFTWARE LTD contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave GENISYS SOFTWARE LTD. Recognizing that every team member is unique, with specific needs and goals, GENISYS SOFTWARE LTD keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: GENISYS SOFTWARE LTD has a superior 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 GENISYS SOFTWARE LTD.
- BONUS PAY: GENISYS SOFTWARE LTD offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for GENISYS SOFTWARE LTD, and encourage others to do the same.
- CHILDCARE DISCOUNT: GENISYS SOFTWARE LTD offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: GENISYS SOFTWARE LTD acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: GENISYS SOFTWARE LTD 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: GENISYS SOFTWARE LTD has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: GENISYS SOFTWARE LTD has a first-class 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: GENISYS SOFTWARE LTD has an exceptional 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: GENISYS SOFTWARE LTD believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why GENISYS SOFTWARE LTD offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: GENISYS SOFTWARE LTD has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GENISYS SOFTWARE LTD | Industry | New Jersey |
|---|---|---|---|
| 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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