This report analyzes and compares JBL's employee health insurance and employee benefits with its industry and in California 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
JBL has top-notch 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 JBL. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: JBL continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that JBL uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: JBL offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: JBL encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, JBL 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: JBL does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: JBL is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, JBL ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: JBL offers a remarkable 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: JBL has a first-class 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: JBL has a suitable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
|Career planning Benefits
|Coaching and mentoring Benefits
|Development resources Benefits
|GED reimbursement Benefits
|Leadership programs Benefits
|Recognition programs Benefits
|Tuition reimbursement Benefits
JBL 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 JBL's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: JBL wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: JBL 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: JBL offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: JBL offers its team members remarkable health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. JBL provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: JBL 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: JBL offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: JBL does not offer telehealth.
- VISION PLAN: JBL offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
|Dental Plan Benefits
|Health Insurance Benefits
|Health Plan Incentives Benefits
|Healthcare Spending Accounts Benefits
|Maternity support program Benefits
|Vision Plan Benefits
JBL 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: JBL has a first-class 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. JBL 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 first-class JBL has Matching program that matches 75% of employees' contributions. Whatever JBL contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave JBL. Recognizing that every team member is unique, with specific needs and goals, JBL keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: JBL has a superior 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 JBL.
- BONUS PAY: JBL offers superb bonuses to team members who excel in their field of work, provide extraordinary results for JBL, and encourage others to do the same.
- CHILDCARE DISCOUNT: JBL does not offer childcare discount.
- COMMUTER BENEFIT: JBL offers impressive 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: JBL offers an excellent daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: JBL offers a first-class 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: JBL offers a suitable life insurance policy to its team members for an affordable price. JBL 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: JBL has an excellent 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: JBL believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why JBL offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: JBL has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
|401(k) plan Benefits
|Adoption assistance reimbursement Benefits
|Bonus pay Benefits
|Childcare discount Benefits
|Commuter benefit Benefits
|Daycare flexible spending account Benefits
|Life insurance Benefits
|Paid time off Benefits
|Paid volunteer time off Benefits
|Parental leave Benefits
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