This report analyzes and compares MAXIM INTEGRATED'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
MAXIM INTEGRATED 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 MAXIM INTEGRATED. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MAXIM INTEGRATED believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. MAXIM INTEGRATED has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MAXIM INTEGRATED believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows MAXIM INTEGRATED 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: MAXIM INTEGRATED has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MAXIM INTEGRATED believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that MAXIM INTEGRATED provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: MAXIM INTEGRATED offers a remarkable Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: MAXIM INTEGRATED has a superb 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: MAXIM INTEGRATED has a suitable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
MAXIM INTEGRATED 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 MAXIM INTEGRATED's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MAXIM INTEGRATED has an extraordinary counseling program for its employees and their family members. Team members are encouraged by MAXIM INTEGRATED 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: MAXIM INTEGRATED offers a great 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: MAXIM INTEGRATED 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: MAXIM INTEGRATED is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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: MAXIM INTEGRATED has a superior healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, MAXIM INTEGRATED has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: MAXIM INTEGRATED has implemented a superb telehealth policy for its members to use any time of the day, every single day. MAXIM INTEGRATED covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MAXIM INTEGRATED provides a first-class 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.
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
MAXIM INTEGRATED 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: MAXIM INTEGRATED 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. MAXIM INTEGRATED 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 MAXIM INTEGRATED has Matching program that matches 75% of employees' contributions. Whatever MAXIM INTEGRATED contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MAXIM INTEGRATED. Recognizing that every team member is unique, with specific needs and goals, MAXIM INTEGRATED keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MAXIM INTEGRATED 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: MAXIM INTEGRATED offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for MAXIM INTEGRATED, and encourage others to do the same.
- CHILDCARE DISCOUNT: MAXIM INTEGRATED does not offer childcare discount.
- COMMUTER BENEFIT: MAXIM INTEGRATED has a valuable 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: MAXIM INTEGRATED 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: MAXIM INTEGRATED 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: MAXIM INTEGRATED offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: MAXIM INTEGRATED realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MAXIM INTEGRATED has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MAXIM INTEGRATED recognizes the importance of giving back to the community so it offers a suitable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by MAXIM INTEGRATED, on volunteer work of their choice.
- PARENTAL LEAVE: MAXIM INTEGRATED has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
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|Adoption assistance reimbursement Benefits|
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|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
|Paid time off Benefits|
|Paid volunteer time off Benefits|
|Parental leave Benefits|
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