This report analyzes and compares HONORHEALTH's employee health insurance and employee benefits with its industry and in Arizona 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
HONORHEALTH 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 HONORHEALTH. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HONORHEALTH believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. HONORHEALTH has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: HONORHEALTH does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows HONORHEALTH to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: HONORHEALTH does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: HONORHEALTH offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by HONORHEALTH to grow as leaders and learn how to make tough calls.
- 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 HONORHEALTH offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: HONORHEALTH has a superior 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: HONORHEALTH has a good 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 | HONORHEALTH | Industry | Arizona |
|---|---|---|---|
| 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
HONORHEALTH offers superb 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 HONORHEALTH's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HONORHEALTH has an extraordinary counseling program for its employees and their family members. Team members are encouraged by HONORHEALTH 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 extraordinary 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 HONORHEALTH have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. HONORHEALTH partially pays for dentures and braces as well.
- HEALTH INSURANCE: HONORHEALTH offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: HONORHEALTH 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. HONORHEALTH provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: HONORHEALTH offers an excellent 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: HONORHEALTH has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: HONORHEALTH has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. HONORHEALTH can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: HONORHEALTH 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 | HONORHEALTH | Industry | Arizona |
|---|---|---|---|
| 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
HONORHEALTH 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: HONORHEALTH 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. HONORHEALTH 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 HONORHEALTH has Matching program that matches 75% of employees' contributions. Whatever HONORHEALTH contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave HONORHEALTH. Recognizing that every team member is unique, with specific needs and goals, HONORHEALTH keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: HONORHEALTH 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: HONORHEALTH 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: HONORHEALTH does not offer childcare discount.
- COMMUTER BENEFIT: HONORHEALTH 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: HONORHEALTH offers a superb 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: HONORHEALTH 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: HONORHEALTH offers a good life insurance policy to its team members for an affordable price. HONORHEALTH participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: HONORHEALTH realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why HONORHEALTH has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: HONORHEALTH believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why HONORHEALTH offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: HONORHEALTH has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HONORHEALTH | Industry | Arizona |
|---|---|---|---|
| 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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