This report analyzes and compares HGTV's employee health insurance and employee benefits with its industry and in Tennessee State.

COMPARE HGTV'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

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

  • CAREER PLANNING: HGTV continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that HGTV uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: By using a good coaching and mentoring program, HGTV can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: HGTV offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: HGTV has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: HGTV believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that HGTV provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: HGTV does not offer onboarding.
  • RECOGNITION PROGRAMS: HGTV knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to HGTV.
  • TUITION REIMBURSEMENT: HGTV has a great Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
HGTV's career benefits comparison table

Benefit

HGTV

Industry

Tennessee

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

HGTV has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid 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 solid healthcare spending account at their disposal.

  • COUNSELING: HGTV wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
  • DENTAL PLAN: HGTV offers a valuable 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: HGTV offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: HGTV offers its team members superb 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. HGTV provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, HGTV 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, HGTV has created a superior maternity support program to support its expecting team members.
  • TELEHEALTH: HGTV does not offer telehealth.
  • VISION PLAN: HGTV offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
HGTV's healthcare benefits comparison table

Benefit

HGTV

Industry

Tennessee

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

HGTV offers superior financial benefits for employees and their family members. A superior 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: HGTV has a remarkable 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. HGTV 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 remarkable HGTV has Matching program that matches 75% of employees' contributions. Whatever HGTV contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave HGTV. Recognizing that every team member is unique, with specific needs and goals, HGTV keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: HGTV has an excellent 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: HGTV has an excellent bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
  • CHILDCARE DISCOUNT: HGTV does not offer childcare discount.
  • COMMUTER BENEFIT: HGTV 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: HGTV 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: HGTV has an extraordinary 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: HGTV offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
  • PAID TIME OFF: HGTV realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why HGTV has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: HGTV does not offer paid volunteer time off.
  • PARENTAL LEAVE: HGTV has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
HGTV's financial benefits comparison table

Benefit

HGTV

Industry

Tennessee

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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