This report analyzes and compares LXR LUXURY RESORTS' employee health insurance and employee benefits with its industry and in Florida 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
LXR LUXURY RESORTS 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 LXR LUXURY RESORTS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: LXR LUXURY RESORTS continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that LXR LUXURY RESORTS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: LXR LUXURY RESORTS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows LXR LUXURY RESORTS 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: LXR LUXURY RESORTS has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: LXR LUXURY RESORTS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that LXR LUXURY RESORTS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: LXR LUXURY RESORTS does not offer onboarding.
- RECOGNITION PROGRAMS: LXR LUXURY RESORTS 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: LXR LUXURY RESORTS 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.
Benefit | LXR LUXURY RESORTS | Industry | Florida |
|---|---|---|---|
| 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
LXR LUXURY RESORTS 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 LXR LUXURY RESORTS's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: LXR LUXURY RESORTS does not offer counseling.
- DENTAL PLAN: LXR LUXURY RESORTS 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: LXR LUXURY RESORTS provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: LXR LUXURY RESORTS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, LXR LUXURY RESORTS offers a suitable 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: LXR LUXURY RESORTS offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: LXR LUXURY RESORTS has an extraordinary 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: LXR LUXURY RESORTS offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | LXR LUXURY RESORTS | Industry | Florida |
|---|---|---|---|
| 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
Team members enjoy great financial benefits at LXR LUXURY RESORTS. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. LXR LUXURY RESORTS offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect LXR LUXURY RESORTS to partially cover the expenses.
- 401(K) PLAN: LXR LUXURY RESORTS 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. LXR LUXURY RESORTS 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 LXR LUXURY RESORTS has Matching program that matches 75% of employees' contributions. Whatever LXR LUXURY RESORTS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave LXR LUXURY RESORTS. Recognizing that every team member is unique, with specific needs and goals, LXR LUXURY RESORTS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: LXR LUXURY RESORTS does not offer adoption assistance reimbursement.
- BONUS PAY: LXR LUXURY RESORTS 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: LXR LUXURY RESORTS does not offer childcare discount.
- COMMUTER BENEFIT: LXR LUXURY RESORTS acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: LXR LUXURY RESORTS has a suitable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: LXR LUXURY RESORTS has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: LXR LUXURY RESORTS 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: LXR LUXURY RESORTS has an extraordinary 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: LXR LUXURY RESORTS does not offer paid volunteer time off.
- PARENTAL LEAVE: LXR LUXURY RESORTS has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | LXR LUXURY RESORTS | Industry | Florida |
|---|---|---|---|
| 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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