This report analyzes and compares K12's employee health insurance and employee benefits with its industry and in Virginia State.

COMPARE K12'S 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

K12 has first-class 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 K12. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: K12 believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. K12 has solid resources at its disposal to achieve this goal.
  • COACHING AND MENTORING: K12 believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: K12 encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, K12 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: K12 has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: K12 offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by K12 to grow as leaders and learn how to make tough calls.
  • ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why K12 offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
  • RECOGNITION PROGRAMS: K12 has a superb 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: K12 has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
K12's career benefits comparison table

Benefit

K12

Industry

Virginia

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

K12 offers first-class 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 K12's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: K12 does not offer counseling.
  • DENTAL PLAN: K12 cares about its team members' dental health so it offers an impressive 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: K12 offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: K12 is aware of the fact that a healthy employee is a productive employee so it offers extraordinary health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, K12 offers a solid healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
  • MATERNITY SUPPORT PROGRAM: K12 offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: K12 has an impressive 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: K12 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.
K12's healthcare benefits comparison table

Benefit

K12

Industry

Virginia

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

K12 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: K12 does not offer 401(k) plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: K12 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 K12.
  • BONUS PAY: K12 offers superior bonuses to team members who excel in their field of work, provide extraordinary results for K12, and encourage others to do the same.
  • CHILDCARE DISCOUNT: K12 offers a solid discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: K12 has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: K12 offers a remarkable daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
  • DISABILITY: K12 offers a superior 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: K12 offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
  • PAID TIME OFF: K12 realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why K12 has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: K12 has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, K12 stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: K12 has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
K12's financial benefits comparison table

Benefit

K12

Industry

Virginia

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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