This report analyzes and compares INNOPHOS HOLDINGS' employee health insurance and employee benefits with its industry and in Utah State.

COMPARE INNOPHOS HOLDINGS' 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

INNOPHOS HOLDINGS offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. INNOPHOS HOLDINGS believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.

  • CAREER PLANNING: INNOPHOS HOLDINGS continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that INNOPHOS HOLDINGS uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: INNOPHOS HOLDINGS does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: INNOPHOS HOLDINGS encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, INNOPHOS HOLDINGS supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
  • GED REIMBURSEMENT: INNOPHOS HOLDINGS has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: INNOPHOS HOLDINGS offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by INNOPHOS HOLDINGS to grow as leaders and learn how to make tough calls.
  • ONBOARDING: INNOPHOS HOLDINGS offers a first-class 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: Aware of the fact that its team members work hard, INNOPHOS HOLDINGS implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: INNOPHOS HOLDINGS does not offer tuition reimbursement.
INNOPHOS HOLDINGS's career benefits comparison table

Benefit

INNOPHOS HOLDINGS

Industry

Utah

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

INNOPHOS HOLDINGS offers top-notch 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 INNOPHOS HOLDINGS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: INNOPHOS HOLDINGS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why INNOPHOS HOLDINGS implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
  • DENTAL PLAN: INNOPHOS HOLDINGS cares about its team members' dental health so it offers an exceptional 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: INNOPHOS HOLDINGS offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, INNOPHOS HOLDINGS offers valuable 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: INNOPHOS HOLDINGS 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: INNOPHOS HOLDINGS has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
  • TELEHEALTH: INNOPHOS HOLDINGS has an exceptional telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
  • VISION PLAN: INNOPHOS HOLDINGS has an excellent Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
INNOPHOS HOLDINGS's healthcare benefits comparison table

Benefit

INNOPHOS HOLDINGS

Industry

Utah

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

INNOPHOS HOLDINGS 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: INNOPHOS HOLDINGS has a superb 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. INNOPHOS HOLDINGS 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 superb INNOPHOS HOLDINGS has Matching program that matches 75% of employees' contributions. Whatever INNOPHOS HOLDINGS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave INNOPHOS HOLDINGS. Recognizing that every team member is unique, with specific needs and goals, INNOPHOS HOLDINGS keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: INNOPHOS HOLDINGS has a top-notch 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 INNOPHOS HOLDINGS.
  • BONUS PAY: INNOPHOS HOLDINGS has a suitable 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: INNOPHOS HOLDINGS cooperates with partners and team members are eligible for superior discounts for a primary childcare.
  • COMMUTER BENEFIT: INNOPHOS HOLDINGS 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: INNOPHOS HOLDINGS has a suitable 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: INNOPHOS HOLDINGS 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: INNOPHOS HOLDINGS has a remarkable 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: INNOPHOS HOLDINGS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why INNOPHOS HOLDINGS has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: INNOPHOS HOLDINGS believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why INNOPHOS HOLDINGS offers its team members up to 50 hours of paid volunteer time off.
  • PARENTAL LEAVE: INNOPHOS HOLDINGS has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
INNOPHOS HOLDINGS's financial benefits comparison table

Benefit

INNOPHOS HOLDINGS

Industry

Utah

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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