This report analyzes and compares LIFETIME ENTERTAINMENT SERVICES' employee health insurance and employee benefits with its industry and in New York 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
LIFETIME ENTERTAINMENT SERVICES offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. LIFETIME ENTERTAINMENT SERVICES believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: LIFETIME ENTERTAINMENT SERVICES believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. LIFETIME ENTERTAINMENT SERVICES has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: LIFETIME ENTERTAINMENT SERVICES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: LIFETIME ENTERTAINMENT 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: LIFETIME ENTERTAINMENT SERVICES has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: LIFETIME ENTERTAINMENT SERVICES does not offer leadership programs.
- ONBOARDING: LIFETIME ENTERTAINMENT SERVICES does not offer onboarding.
- RECOGNITION PROGRAMS: LIFETIME ENTERTAINMENT SERVICES has a superior 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: LIFETIME ENTERTAINMENT 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 | LIFETIME ENTERTAINMENT SERVICES | Industry | New York |
|---|---|---|---|
| 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
LIFETIME ENTERTAINMENT SERVICES 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 LIFETIME ENTERTAINMENT SERVICES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LIFETIME ENTERTAINMENT SERVICES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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: LIFETIME ENTERTAINMENT SERVICES offers a solid 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: LIFETIME ENTERTAINMENT SERVICES offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: LIFETIME ENTERTAINMENT SERVICES is aware of the fact that a healthy employee is a productive employee so it offers excellent 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, LIFETIME ENTERTAINMENT SERVICES offers a great 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: LIFETIME ENTERTAINMENT SERVICES offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: LIFETIME ENTERTAINMENT SERVICES 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: LIFETIME ENTERTAINMENT SERVICES has an excellent Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | LIFETIME ENTERTAINMENT SERVICES | Industry | New York |
|---|---|---|---|
| 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
LIFETIME ENTERTAINMENT SERVICES offers superb financial benefits for employees and their family members. A superb 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: LIFETIME ENTERTAINMENT SERVICES has a superb 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. LIFETIME ENTERTAINMENT SERVICES 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 superb LIFETIME ENTERTAINMENT SERVICES has Matching program that matches 75% of employees' contributions. Whatever LIFETIME ENTERTAINMENT SERVICES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave LIFETIME ENTERTAINMENT SERVICES. Recognizing that every team member is unique, with specific needs and goals, LIFETIME ENTERTAINMENT SERVICES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: LIFETIME ENTERTAINMENT SERVICES does not offer adoption assistance reimbursement.
- BONUS PAY: LIFETIME ENTERTAINMENT SERVICES has an exceptional 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: LIFETIME ENTERTAINMENT SERVICES cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: LIFETIME ENTERTAINMENT SERVICES 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: LIFETIME ENTERTAINMENT SERVICES offers a first-class 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: LIFETIME ENTERTAINMENT SERVICES has an excellent 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: LIFETIME ENTERTAINMENT SERVICES offers a valuable life insurance policy to its team members for an affordable price. LIFETIME ENTERTAINMENT SERVICES 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: LIFETIME ENTERTAINMENT SERVICES wants for its team members to lead a happy and fulfilled life so it has a suitable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: LIFETIME ENTERTAINMENT SERVICES does not offer paid volunteer time off.
- PARENTAL LEAVE: LIFETIME ENTERTAINMENT SERVICES has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LIFETIME ENTERTAINMENT SERVICES | Industry | New York |
|---|---|---|---|
| 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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