This report analyzes and compares HUNTINGTON NATIONAL BANK's employee health insurance and employee benefits with its industry and in Ohio 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
HUNTINGTON NATIONAL BANK 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 HUNTINGTON NATIONAL BANK. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HUNTINGTON NATIONAL BANK continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that HUNTINGTON NATIONAL BANK uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: HUNTINGTON NATIONAL BANK offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: impressive development resources are what allows HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: HUNTINGTON NATIONAL BANK does not offer leadership programs.
- ONBOARDING: HUNTINGTON NATIONAL BANK offers a top-notch Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK has a valuable 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 | HUNTINGTON NATIONAL BANK | Industry | Ohio |
|---|---|---|---|
| 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
HUNTINGTON NATIONAL BANK has valuable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers valuable 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 valuable healthcare spending account at their disposal.
- COUNSELING: HUNTINGTON NATIONAL BANK does not offer counseling.
- DENTAL PLAN: Team members at HUNTINGTON NATIONAL BANK have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. HUNTINGTON NATIONAL BANK partially pays for dentures and braces as well.
- HEALTH INSURANCE: HUNTINGTON NATIONAL BANK offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, HUNTINGTON NATIONAL BANK offers good 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: HUNTINGTON NATIONAL BANK has a first-class healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK does not offer telehealth.
- VISION PLAN: HUNTINGTON NATIONAL BANK offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | HUNTINGTON NATIONAL BANK | Industry | Ohio |
|---|---|---|---|
| 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
HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK 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. HUNTINGTON NATIONAL BANK 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 HUNTINGTON NATIONAL BANK has Matching program that matches 75% of employees' contributions. Whatever HUNTINGTON NATIONAL BANK contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave HUNTINGTON NATIONAL BANK. Recognizing that every team member is unique, with specific needs and goals, HUNTINGTON NATIONAL BANK keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: HUNTINGTON NATIONAL BANK has an extraordinary 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: HUNTINGTON NATIONAL BANK offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for HUNTINGTON NATIONAL BANK, and encourage others to do the same.
- CHILDCARE DISCOUNT: HUNTINGTON NATIONAL BANK has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: HUNTINGTON NATIONAL BANK acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK offers a top-notch 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: HUNTINGTON NATIONAL BANK offers a good life insurance policy to its team members for an affordable price. HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK 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: HUNTINGTON NATIONAL BANK has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, HUNTINGTON NATIONAL BANK stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: HUNTINGTON NATIONAL BANK has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HUNTINGTON NATIONAL BANK | Industry | Ohio |
|---|---|---|---|
| 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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