This report analyzes and compares GRANT PRIDECO's employee health insurance and employee benefits with its industry and in Texas State.

COMPARE GRANT PRIDECO'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

GRANT PRIDECO has remarkable 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 GRANT PRIDECO. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: GRANT PRIDECO offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, GRANT PRIDECO makes sure that every single team member takes the full advantage of superior career planning programs.
  • COACHING AND MENTORING: By using a great coaching and mentoring program, GRANT PRIDECO can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: impressive development resources are what allows GRANT PRIDECO to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: GRANT PRIDECO does not offer ged reimbursement.
  • LEADERSHIP PROGRAMS: GRANT PRIDECO believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that GRANT PRIDECO provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: GRANT PRIDECO does not offer onboarding.
  • RECOGNITION PROGRAMS: GRANT PRIDECO knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to GRANT PRIDECO.
  • TUITION REIMBURSEMENT: GRANT PRIDECO does not offer tuition reimbursement.
GRANT PRIDECO's career benefits comparison table

Benefit

GRANT PRIDECO

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

GRANT PRIDECO 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 GRANT PRIDECO's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: GRANT PRIDECO has an impressive counseling program for its employees and their family members. Team members are encouraged by GRANT PRIDECO 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: Team members at GRANT PRIDECO have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. GRANT PRIDECO partially pays for dentures and braces as well.
  • HEALTH INSURANCE: GRANT PRIDECO offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: GRANT PRIDECO does not offer health plan incentives.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, GRANT PRIDECO offers a valuable 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: Aware of the challenges that come with pregnancy, GRANT PRIDECO has created a first-class maternity support program to support its expecting team members.
  • TELEHEALTH: GRANT PRIDECO has an extraordinary telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
  • VISION PLAN: GRANT PRIDECO has an exceptional 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.
GRANT PRIDECO's healthcare benefits comparison table

Benefit

GRANT PRIDECO

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

GRANT PRIDECO 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: GRANT PRIDECO has an excellent 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, GRANT PRIDECO offers an excellent program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, GRANT PRIDECO offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: GRANT PRIDECO has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
  • BONUS PAY: GRANT PRIDECO has a solid 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: GRANT PRIDECO has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
  • COMMUTER BENEFIT: GRANT PRIDECO offers excellent 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: GRANT PRIDECO has a great daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
  • DISABILITY: GRANT PRIDECO 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: GRANT PRIDECO has a top-notch 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: GRANT PRIDECO has an excellent 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: GRANT PRIDECO does not offer paid volunteer time off.
  • PARENTAL LEAVE: GRANT PRIDECO has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
GRANT PRIDECO's financial benefits comparison table

Benefit

GRANT PRIDECO

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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