This report analyzes and compares LIFE ENHANCEMENT PRODUCTS' 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
Career benefits
LIFE ENHANCEMENT PRODUCTS has superior 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 LIFE ENHANCEMENT PRODUCTS. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: LIFE ENHANCEMENT PRODUCTS offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, LIFE ENHANCEMENT PRODUCTS makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: LIFE ENHANCEMENT PRODUCTS offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows LIFE ENHANCEMENT PRODUCTS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: LIFE ENHANCEMENT PRODUCTS has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: LIFE ENHANCEMENT PRODUCTS believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that LIFE ENHANCEMENT PRODUCTS provides for them, employees are able to learn what makes or breaks a leader.
- 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 LIFE ENHANCEMENT PRODUCTS offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: LIFE ENHANCEMENT PRODUCTS knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to LIFE ENHANCEMENT PRODUCTS.
- TUITION REIMBURSEMENT: LIFE ENHANCEMENT PRODUCTS has a good 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 | LIFE ENHANCEMENT PRODUCTS | Industry | California |
|---|---|---|---|
| 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
LIFE ENHANCEMENT PRODUCTS 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 LIFE ENHANCEMENT PRODUCTS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LIFE ENHANCEMENT PRODUCTS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why LIFE ENHANCEMENT PRODUCTS implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: LIFE ENHANCEMENT PRODUCTS cares about its team members' dental health so it offers an extraordinary 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: LIFE ENHANCEMENT PRODUCTS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: LIFE ENHANCEMENT PRODUCTS offers its team members superb 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. LIFE ENHANCEMENT PRODUCTS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: LIFE ENHANCEMENT PRODUCTS offers an extraordinary 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: LIFE ENHANCEMENT PRODUCTS offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: LIFE ENHANCEMENT PRODUCTS has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. LIFE ENHANCEMENT PRODUCTS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: LIFE ENHANCEMENT PRODUCTS 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.
Benefit | LIFE ENHANCEMENT PRODUCTS | Industry | California |
|---|---|---|---|
| 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
LIFE ENHANCEMENT PRODUCTS offers top-notch financial benefits for employees and their family members. A top-notch 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: LIFE ENHANCEMENT PRODUCTS has a top-notch 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. LIFE ENHANCEMENT PRODUCTS 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 top-notch LIFE ENHANCEMENT PRODUCTS has Matching program that matches 75% of employees' contributions. Whatever LIFE ENHANCEMENT PRODUCTS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave LIFE ENHANCEMENT PRODUCTS. Recognizing that every team member is unique, with specific needs and goals, LIFE ENHANCEMENT PRODUCTS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: LIFE ENHANCEMENT PRODUCTS has a suitable 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: LIFE ENHANCEMENT PRODUCTS has an outstanding 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: LIFE ENHANCEMENT PRODUCTS offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: LIFE ENHANCEMENT PRODUCTS offers extraordinary 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: LIFE ENHANCEMENT PRODUCTS offers a top-notch 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: LIFE ENHANCEMENT PRODUCTS 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: LIFE ENHANCEMENT PRODUCTS offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: LIFE ENHANCEMENT PRODUCTS 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: LIFE ENHANCEMENT PRODUCTS believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why LIFE ENHANCEMENT PRODUCTS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: LIFE ENHANCEMENT PRODUCTS has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LIFE ENHANCEMENT PRODUCTS | Industry | California |
|---|---|---|---|
| 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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