This report analyzes and compares INVITATION HOMES' employee health insurance and employee benefits with its industry and in Texas State.

COMPARE INVITATION HOMES' 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

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

  • CAREER PLANNING: INVITATION HOMES continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that INVITATION HOMES uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: INVITATION HOMES believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: excellent development resources are what allows INVITATION HOMES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: INVITATION HOMES does not offer ged reimbursement.
  • LEADERSHIP PROGRAMS: INVITATION HOMES does not offer leadership programs.
  • ONBOARDING: INVITATION HOMES is aware of the difficulties that new employees might experience when they join the team. That's why INVITATION HOMES has a solid 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, INVITATION HOMES implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: INVITATION HOMES does not offer tuition reimbursement.
INVITATION HOMES's career benefits comparison table

Benefit

INVITATION HOMES

Industry

Texas

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

INVITATION HOMES offers superior 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 INVITATION HOMES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: INVITATION HOMES has an excellent counseling program for its employees and their family members. Team members are encouraged by INVITATION HOMES 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 excellent 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 INVITATION HOMES have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. INVITATION HOMES partially pays for dentures and braces as well.
  • HEALTH INSURANCE: INVITATION HOMES offers a good 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, INVITATION HOMES 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: INVITATION HOMES 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: INVITATION HOMES offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: INVITATION HOMES has a great 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. INVITATION HOMES can recommend a certain doctor or institution and covers up to 50% of the costs.
  • VISION PLAN: INVITATION HOMES provides a top-notch 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.
INVITATION HOMES's healthcare benefits comparison table

Benefit

INVITATION HOMES

Industry

Texas

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

Team members enjoy good financial benefits at INVITATION HOMES. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. INVITATION HOMES offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect INVITATION HOMES to partially cover the expenses.

  • 401(K) PLAN: INVITATION HOMES knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 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 INVITATION HOMES 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, INVITATION HOMES provides resources which will help team members decide what to do with their 401(k) plan. INVITATION HOMES offers a valuable vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: INVITATION HOMES does not offer adoption assistance reimbursement.
  • BONUS PAY: INVITATION HOMES offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for INVITATION HOMES, and encourage others to do the same.
  • CHILDCARE DISCOUNT: INVITATION HOMES does not offer childcare discount.
  • COMMUTER BENEFIT: INVITATION HOMES offers exceptional 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: INVITATION HOMES 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: INVITATION HOMES has a good disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
  • LIFE INSURANCE: INVITATION HOMES has a superior 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: INVITATION HOMES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why INVITATION HOMES has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: INVITATION HOMES has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, INVITATION HOMES stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: INVITATION HOMES has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
INVITATION HOMES's financial benefits comparison table

Benefit

INVITATION HOMES

Industry

Texas

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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