This report analyzes and compares MICROSOFT ADVERTISING's employee health insurance and employee benefits with its industry and in Washington 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
MICROSOFT ADVERTISING offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MICROSOFT ADVERTISING 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: MICROSOFT ADVERTISING believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. MICROSOFT ADVERTISING has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MICROSOFT ADVERTISING does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: MICROSOFT ADVERTISING offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: MICROSOFT ADVERTISING has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MICROSOFT ADVERTISING does not offer leadership programs.
- ONBOARDING: MICROSOFT ADVERTISING does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MICROSOFT ADVERTISING implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MICROSOFT ADVERTISING 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 | MICROSOFT ADVERTISING | Industry | Washington |
|---|---|---|---|
| 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
MICROSOFT ADVERTISING 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 MICROSOFT ADVERTISING's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MICROSOFT ADVERTISING wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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: MICROSOFT ADVERTISING 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: MICROSOFT ADVERTISING offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, MICROSOFT ADVERTISING offers valuable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: MICROSOFT ADVERTISING has a superb 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: MICROSOFT ADVERTISING offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MICROSOFT ADVERTISING has implemented a superior telehealth policy for its members to use any time of the day, every single day. MICROSOFT ADVERTISING covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MICROSOFT ADVERTISING 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 | MICROSOFT ADVERTISING | Industry | Washington |
|---|---|---|---|
| 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
MICROSOFT ADVERTISING offers first-class financial benefits for employees and their family members. A first-class 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: MICROSOFT ADVERTISING knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and MICROSOFT ADVERTISING will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, MICROSOFT ADVERTISING provides resources which will help team members decide what to do with their 401(k) plan. MICROSOFT ADVERTISING offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: MICROSOFT ADVERTISING does not offer adoption assistance reimbursement.
- BONUS PAY: MICROSOFT ADVERTISING has a suitable 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: MICROSOFT ADVERTISING offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: MICROSOFT ADVERTISING offers excellent 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: MICROSOFT ADVERTISING 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: MICROSOFT ADVERTISING has an outstanding 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: MICROSOFT ADVERTISING 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: MICROSOFT ADVERTISING realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MICROSOFT ADVERTISING has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MICROSOFT ADVERTISING believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why MICROSOFT ADVERTISING offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: MICROSOFT ADVERTISING has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MICROSOFT ADVERTISING | Industry | Washington |
|---|---|---|---|
| 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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