This report analyzes and compares INTERNATIONAL TRADE ADMINISTRATION's employee health insurance and employee benefits with its industry and in DC 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
INTERNATIONAL TRADE ADMINISTRATION has remarkable 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 INTERNATIONAL TRADE ADMINISTRATION. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: INTERNATIONAL TRADE ADMINISTRATION continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that INTERNATIONAL TRADE ADMINISTRATION uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: INTERNATIONAL TRADE ADMINISTRATION offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: INTERNATIONAL TRADE ADMINISTRATION encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, INTERNATIONAL TRADE ADMINISTRATION supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: INTERNATIONAL TRADE ADMINISTRATION has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: INTERNATIONAL TRADE ADMINISTRATION offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by INTERNATIONAL TRADE ADMINISTRATION to grow as leaders and learn how to make tough calls.
- ONBOARDING: INTERNATIONAL TRADE ADMINISTRATION is aware of the difficulties that new employees might experience when they join the team. That's why INTERNATIONAL TRADE ADMINISTRATION has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, INTERNATIONAL TRADE ADMINISTRATION implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: INTERNATIONAL TRADE ADMINISTRATION has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at INTERNATIONAL TRADE ADMINISTRATION.
Benefit | INTERNATIONAL TRADE ADMINISTRATION | Industry | DC |
|---|---|---|---|
| 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
INTERNATIONAL TRADE ADMINISTRATION has great health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers great 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 great healthcare spending account at their disposal.
- COUNSELING: INTERNATIONAL TRADE ADMINISTRATION is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why INTERNATIONAL TRADE ADMINISTRATION 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: INTERNATIONAL TRADE ADMINISTRATION offers a solid 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: INTERNATIONAL TRADE ADMINISTRATION provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, INTERNATIONAL TRADE ADMINISTRATION 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: INTERNATIONAL TRADE ADMINISTRATION has a superior 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: INTERNATIONAL TRADE ADMINISTRATION 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: INTERNATIONAL TRADE ADMINISTRATION does not offer telehealth.
- VISION PLAN: INTERNATIONAL TRADE ADMINISTRATION provides a remarkable Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | INTERNATIONAL TRADE ADMINISTRATION | Industry | DC |
|---|---|---|---|
| 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
INTERNATIONAL TRADE ADMINISTRATION 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: INTERNATIONAL TRADE ADMINISTRATION knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and INTERNATIONAL TRADE ADMINISTRATION will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, INTERNATIONAL TRADE ADMINISTRATION provides resources which will help team members decide what to do with their 401(k) plan. INTERNATIONAL TRADE ADMINISTRATION offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: INTERNATIONAL TRADE ADMINISTRATION has an outstanding 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: INTERNATIONAL TRADE ADMINISTRATION has an exceptional 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: INTERNATIONAL TRADE ADMINISTRATION offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: INTERNATIONAL TRADE ADMINISTRATION 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: INTERNATIONAL TRADE ADMINISTRATION has a solid 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: INTERNATIONAL TRADE ADMINISTRATION offers a superb 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: INTERNATIONAL TRADE ADMINISTRATION has a top-notch 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: INTERNATIONAL TRADE ADMINISTRATION has an extraordinary vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: INTERNATIONAL TRADE ADMINISTRATION does not offer paid volunteer time off.
- PARENTAL LEAVE: INTERNATIONAL TRADE ADMINISTRATION has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | INTERNATIONAL TRADE ADMINISTRATION | Industry | DC |
|---|---|---|---|
| 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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