This report analyzes and compares ITT EDUCATIONAL SERVICES' employee health insurance and employee benefits with its industry and in Indiana 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
ITT EDUCATIONAL SERVICES offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ITT EDUCATIONAL SERVICES believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: ITT EDUCATIONAL SERVICES offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ITT EDUCATIONAL SERVICES makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: ITT EDUCATIONAL SERVICES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: ITT EDUCATIONAL SERVICES offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: ITT EDUCATIONAL SERVICES has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ITT EDUCATIONAL SERVICES does not offer leadership programs.
- ONBOARDING: ITT EDUCATIONAL SERVICES is aware of the difficulties that new employees might experience when they join the team. That's why ITT EDUCATIONAL SERVICES has a valuable 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, ITT EDUCATIONAL SERVICES implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: ITT EDUCATIONAL SERVICES has a great 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 | ITT EDUCATIONAL SERVICES | Industry | Indiana |
|---|---|---|---|
| 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
ITT EDUCATIONAL SERVICES 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 ITT EDUCATIONAL SERVICES's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ITT EDUCATIONAL SERVICES has an impressive counseling program for its employees and their family members. Team members are encouraged by ITT EDUCATIONAL SERVICES 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 impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: ITT EDUCATIONAL SERVICES offers a valuable 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: ITT EDUCATIONAL SERVICES offers a superb 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, ITT EDUCATIONAL SERVICES offers great 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: ITT EDUCATIONAL SERVICES 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: ITT EDUCATIONAL SERVICES 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: ITT EDUCATIONAL SERVICES does not offer telehealth.
- VISION PLAN: ITT EDUCATIONAL SERVICES 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 | ITT EDUCATIONAL SERVICES | Industry | Indiana |
|---|---|---|---|
| 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
ITT EDUCATIONAL SERVICES 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: ITT EDUCATIONAL SERVICES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ITT EDUCATIONAL SERVICES has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: ITT EDUCATIONAL SERVICES has an impressive 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: ITT EDUCATIONAL SERVICES offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: ITT EDUCATIONAL SERVICES acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ITT EDUCATIONAL SERVICES has a valuable 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: ITT EDUCATIONAL SERVICES has an impressive disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: ITT EDUCATIONAL SERVICES offers an impressive life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: ITT EDUCATIONAL SERVICES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ITT EDUCATIONAL SERVICES has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ITT EDUCATIONAL SERVICES believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why ITT EDUCATIONAL SERVICES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: ITT EDUCATIONAL SERVICES has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ITT EDUCATIONAL SERVICES | Industry | Indiana |
|---|---|---|---|
| 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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