This report analyzes and compares GEORGIA POWER COMPANY's employee health insurance and employee benefits with its industry and in Georgia 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
GEORGIA POWER COMPANY offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. GEORGIA POWER COMPANY believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: GEORGIA POWER COMPANY 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. GEORGIA POWER COMPANY has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a great coaching and mentoring program, GEORGIA POWER COMPANY can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows GEORGIA POWER COMPANY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: GEORGIA POWER COMPANY has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GEORGIA POWER COMPANY offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by GEORGIA POWER COMPANY to grow as leaders and learn how to make tough calls.
- ONBOARDING: GEORGIA POWER COMPANY does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, GEORGIA POWER COMPANY implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: GEORGIA POWER COMPANY 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 | GEORGIA POWER COMPANY | Industry | Georgia |
|---|---|---|---|
| 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
GEORGIA POWER COMPANY offers top-notch 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 GEORGIA POWER COMPANY's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GEORGIA POWER COMPANY has an impressive counseling program for its employees and their family members. Team members are encouraged by GEORGIA POWER COMPANY 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 impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: GEORGIA POWER COMPANY offers a great 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: GEORGIA POWER COMPANY provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: GEORGIA POWER COMPANY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: GEORGIA POWER COMPANY has a superb 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: GEORGIA POWER COMPANY offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GEORGIA POWER COMPANY has implemented a superior telehealth policy for its members to use any time of the day, every single day. GEORGIA POWER COMPANY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: GEORGIA POWER COMPANY provides a first-class 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 | GEORGIA POWER COMPANY | Industry | Georgia |
|---|---|---|---|
| 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
GEORGIA POWER COMPANY 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: GEORGIA POWER COMPANY knows how important it is to think about retirement and start saving on time. That's why it offers a solid 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 GEORGIA POWER COMPANY 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, GEORGIA POWER COMPANY provides resources which will help team members decide what to do with their 401(k) plan. GEORGIA POWER COMPANY offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: GEORGIA POWER COMPANY 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 GEORGIA POWER COMPANY.
- BONUS PAY: GEORGIA POWER COMPANY has a valuable 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: GEORGIA POWER COMPANY has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: GEORGIA POWER COMPANY offers impressive commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: GEORGIA POWER COMPANY offers a first-class 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: GEORGIA POWER COMPANY offers a remarkable 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: GEORGIA POWER COMPANY 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: GEORGIA POWER COMPANY wants for its team members to lead a happy and fulfilled life so it has a good 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: GEORGIA POWER COMPANY 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, GEORGIA POWER COMPANY stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: GEORGIA POWER COMPANY has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GEORGIA POWER COMPANY | Industry | Georgia |
|---|---|---|---|
| 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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