This report analyzes and compares HEWLETT-PACKARD'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
HEWLETT-PACKARD offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. HEWLETT-PACKARD 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: HEWLETT-PACKARD offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, HEWLETT-PACKARD makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, HEWLETT-PACKARD can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: HEWLETT-PACKARD encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, HEWLETT-PACKARD supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: HEWLETT-PACKARD has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: HEWLETT-PACKARD does not offer leadership programs.
- ONBOARDING: HEWLETT-PACKARD is aware of the difficulties that new employees might experience when they join the team. That's why HEWLETT-PACKARD has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: HEWLETT-PACKARD 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 HEWLETT-PACKARD.
- TUITION REIMBURSEMENT: HEWLETT-PACKARD does not offer tuition reimbursement.
Benefit | HEWLETT-PACKARD | 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
HEWLETT-PACKARD has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a suitable healthcare spending account at their disposal.
- COUNSELING: HEWLETT-PACKARD does not offer counseling.
- DENTAL PLAN: HEWLETT-PACKARD 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: HEWLETT-PACKARD offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: HEWLETT-PACKARD offers its team members remarkable 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. HEWLETT-PACKARD provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: HEWLETT-PACKARD offers an extraordinary 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: HEWLETT-PACKARD has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: HEWLETT-PACKARD has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. HEWLETT-PACKARD covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: HEWLETT-PACKARD 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 | HEWLETT-PACKARD | 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
HEWLETT-PACKARD offers top-notch financial benefits for employees and their family members. A top-notch 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: HEWLETT-PACKARD does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: HEWLETT-PACKARD has a remarkable 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 HEWLETT-PACKARD.
- BONUS PAY: HEWLETT-PACKARD offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for HEWLETT-PACKARD, and encourage others to do the same.
- CHILDCARE DISCOUNT: HEWLETT-PACKARD has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: HEWLETT-PACKARD 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: HEWLETT-PACKARD offers a top-notch 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: HEWLETT-PACKARD has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: HEWLETT-PACKARD 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: HEWLETT-PACKARD wants for its team members to lead a happy and fulfilled life so it has a valuable 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: HEWLETT-PACKARD believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why HEWLETT-PACKARD offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: HEWLETT-PACKARD has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HEWLETT-PACKARD | 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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