This report analyzes and compares MARVELL TECHNOLOGY's 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
MARVELL TECHNOLOGY has remarkable 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 MARVELL TECHNOLOGY. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MARVELL TECHNOLOGY continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that MARVELL TECHNOLOGY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: MARVELL TECHNOLOGY 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: impressive development resources are what allows MARVELL TECHNOLOGY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: MARVELL TECHNOLOGY has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MARVELL TECHNOLOGY believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that MARVELL TECHNOLOGY provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: MARVELL TECHNOLOGY is aware of the difficulties that new employees might experience when they join the team. That's why MARVELL TECHNOLOGY has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: MARVELL TECHNOLOGY 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 MARVELL TECHNOLOGY.
- TUITION REIMBURSEMENT: MARVELL TECHNOLOGY 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 | MARVELL TECHNOLOGY | 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
MARVELL TECHNOLOGY offers superb 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 MARVELL TECHNOLOGY's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MARVELL TECHNOLOGY has an outstanding counseling program for its employees and their family members. Team members are encouraged by MARVELL TECHNOLOGY to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: MARVELL TECHNOLOGY 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: MARVELL TECHNOLOGY provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: MARVELL TECHNOLOGY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: MARVELL TECHNOLOGY offers an outstanding 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: Aware of the challenges that come with pregnancy, MARVELL TECHNOLOGY has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: MARVELL TECHNOLOGY 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: MARVELL TECHNOLOGY 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 | MARVELL TECHNOLOGY | 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
Team members enjoy solid financial benefits at MARVELL TECHNOLOGY. 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. MARVELL TECHNOLOGY offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect MARVELL TECHNOLOGY to partially cover the expenses.
- 401(K) PLAN: MARVELL TECHNOLOGY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MARVELL TECHNOLOGY has a great 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: MARVELL TECHNOLOGY has a solid bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: MARVELL TECHNOLOGY does not offer childcare discount.
- COMMUTER BENEFIT: MARVELL TECHNOLOGY has a solid 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: MARVELL TECHNOLOGY has a solid 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: MARVELL TECHNOLOGY 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: MARVELL TECHNOLOGY has a superior 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: MARVELL TECHNOLOGY 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: MARVELL TECHNOLOGY has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, MARVELL TECHNOLOGY stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: MARVELL TECHNOLOGY has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MARVELL TECHNOLOGY | 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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