This report analyzes and compares LOUDOUN COUNTY ECONOMIC's employee health insurance and employee benefits with its industry and in Virginia 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
LOUDOUN COUNTY ECONOMIC offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. LOUDOUN COUNTY ECONOMIC believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: LOUDOUN COUNTY ECONOMIC 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. LOUDOUN COUNTY ECONOMIC has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: LOUDOUN COUNTY ECONOMIC believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: LOUDOUN COUNTY ECONOMIC encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, LOUDOUN COUNTY ECONOMIC supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: LOUDOUN COUNTY ECONOMIC has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: LOUDOUN COUNTY ECONOMIC is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, LOUDOUN COUNTY ECONOMIC ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: LOUDOUN COUNTY ECONOMIC does not offer onboarding.
- RECOGNITION PROGRAMS: LOUDOUN COUNTY ECONOMIC knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to LOUDOUN COUNTY ECONOMIC.
- TUITION REIMBURSEMENT: LOUDOUN COUNTY ECONOMIC does not offer tuition reimbursement.
Benefit | LOUDOUN COUNTY ECONOMIC | 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
LOUDOUN COUNTY ECONOMIC 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 LOUDOUN COUNTY ECONOMIC's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LOUDOUN COUNTY ECONOMIC does not offer counseling.
- DENTAL PLAN: LOUDOUN COUNTY ECONOMIC 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: LOUDOUN COUNTY ECONOMIC offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: LOUDOUN COUNTY ECONOMIC offers its team members first-class 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. LOUDOUN COUNTY ECONOMIC provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: LOUDOUN COUNTY ECONOMIC 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: LOUDOUN COUNTY ECONOMIC has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: LOUDOUN COUNTY ECONOMIC has implemented a first-class telehealth policy for its members to use any time of the day, every single day. LOUDOUN COUNTY ECONOMIC covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: LOUDOUN COUNTY ECONOMIC 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 | LOUDOUN COUNTY ECONOMIC | 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
LOUDOUN COUNTY ECONOMIC 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: LOUDOUN COUNTY ECONOMIC has a superior 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. LOUDOUN COUNTY ECONOMIC 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 superior LOUDOUN COUNTY ECONOMIC has Matching program that matches 75% of employees' contributions. Whatever LOUDOUN COUNTY ECONOMIC contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave LOUDOUN COUNTY ECONOMIC. Recognizing that every team member is unique, with specific needs and goals, LOUDOUN COUNTY ECONOMIC keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: LOUDOUN COUNTY ECONOMIC has a superb 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 LOUDOUN COUNTY ECONOMIC.
- BONUS PAY: LOUDOUN COUNTY ECONOMIC offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for LOUDOUN COUNTY ECONOMIC, and encourage others to do the same.
- CHILDCARE DISCOUNT: LOUDOUN COUNTY ECONOMIC cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: LOUDOUN COUNTY ECONOMIC has a suitable 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: LOUDOUN COUNTY ECONOMIC 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: LOUDOUN COUNTY ECONOMIC has an exceptional 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: LOUDOUN COUNTY ECONOMIC has a superb life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: LOUDOUN COUNTY ECONOMIC wants for its team members to lead a happy and fulfilled life so it has a solid 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: LOUDOUN COUNTY ECONOMIC has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, LOUDOUN COUNTY ECONOMIC stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: LOUDOUN COUNTY ECONOMIC has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LOUDOUN COUNTY ECONOMIC | 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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