This report analyzes and compares GREAT LAKES EDUCATIONAL LOAN SERVICES' employee health insurance and employee benefits with its industry and in Wisconsin 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
GREAT LAKES EDUCATIONAL LOAN SERVICES has top-notch 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 GREAT LAKES EDUCATIONAL LOAN SERVICES. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: GREAT LAKES EDUCATIONAL LOAN SERVICES offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, GREAT LAKES EDUCATIONAL LOAN SERVICES makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: GREAT LAKES EDUCATIONAL LOAN SERVICES believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: excellent development resources are what allows GREAT LAKES EDUCATIONAL LOAN SERVICES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: GREAT LAKES EDUCATIONAL LOAN SERVICES has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GREAT LAKES EDUCATIONAL LOAN SERVICES believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that GREAT LAKES EDUCATIONAL LOAN SERVICES provides for them, employees are able to learn what makes or breaks a leader.
- 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 GREAT LAKES EDUCATIONAL LOAN SERVICES offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: GREAT LAKES EDUCATIONAL LOAN SERVICES 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: GREAT LAKES EDUCATIONAL LOAN SERVICES has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at GREAT LAKES EDUCATIONAL LOAN SERVICES.
Benefit | GREAT LAKES EDUCATIONAL LOAN SERVICES | Industry | Wisconsin |
|---|---|---|---|
| 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
GREAT LAKES EDUCATIONAL LOAN SERVICES offers first-class 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 GREAT LAKES EDUCATIONAL LOAN SERVICES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GREAT LAKES EDUCATIONAL LOAN SERVICES has an exceptional counseling program for its employees and their family members. Team members are encouraged by GREAT LAKES EDUCATIONAL LOAN SERVICES 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 exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: GREAT LAKES EDUCATIONAL LOAN SERVICES cares about its team members' dental health so it offers an outstanding dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: GREAT LAKES EDUCATIONAL LOAN SERVICES 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: In an effort to improve the wellbeing and quality of life of its team members, GREAT LAKES EDUCATIONAL LOAN SERVICES offers great health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, GREAT LAKES EDUCATIONAL LOAN SERVICES offers a great 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: GREAT LAKES EDUCATIONAL LOAN SERVICES offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GREAT LAKES EDUCATIONAL LOAN SERVICES does not offer telehealth.
- VISION PLAN: GREAT LAKES EDUCATIONAL LOAN SERVICES provides a superb 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 | GREAT LAKES EDUCATIONAL LOAN SERVICES | Industry | Wisconsin |
|---|---|---|---|
| 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
Team members enjoy good financial benefits at GREAT LAKES EDUCATIONAL LOAN SERVICES. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. GREAT LAKES EDUCATIONAL LOAN SERVICES offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect GREAT LAKES EDUCATIONAL LOAN SERVICES to partially cover the expenses.
- 401(K) PLAN: GREAT LAKES EDUCATIONAL LOAN SERVICES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: GREAT LAKES EDUCATIONAL LOAN SERVICES has a valuable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: GREAT LAKES EDUCATIONAL LOAN SERVICES 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: GREAT LAKES EDUCATIONAL LOAN SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: GREAT LAKES EDUCATIONAL LOAN SERVICES acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: GREAT LAKES EDUCATIONAL LOAN SERVICES offers an extraordinary 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: GREAT LAKES EDUCATIONAL LOAN SERVICES has an outstanding 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: GREAT LAKES EDUCATIONAL LOAN SERVICES has a superior 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: GREAT LAKES EDUCATIONAL LOAN SERVICES wants for its team members to lead a happy and fulfilled life so it has a solid 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: GREAT LAKES EDUCATIONAL LOAN SERVICES recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by GREAT LAKES EDUCATIONAL LOAN SERVICES, on volunteer work of their choice.
- PARENTAL LEAVE: GREAT LAKES EDUCATIONAL LOAN SERVICES has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GREAT LAKES EDUCATIONAL LOAN SERVICES | Industry | Wisconsin |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared GREAT LAKES EDUCATIONAL LOAN SERVICES' benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.