This report analyzes and compares MOTOR INFORMATION SYSTEMS' employee health insurance and employee benefits with its industry and in Michigan 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
MOTOR INFORMATION SYSTEMS offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MOTOR INFORMATION SYSTEMS believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: MOTOR INFORMATION SYSTEMS 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. MOTOR INFORMATION SYSTEMS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a good coaching and mentoring program, MOTOR INFORMATION SYSTEMS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: impressive development resources are what allows MOTOR INFORMATION SYSTEMS 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: MOTOR INFORMATION SYSTEMS has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MOTOR INFORMATION SYSTEMS is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, MOTOR INFORMATION SYSTEMS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: MOTOR INFORMATION SYSTEMS does not offer onboarding.
- RECOGNITION PROGRAMS: MOTOR INFORMATION SYSTEMS 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: MOTOR INFORMATION SYSTEMS does not offer tuition reimbursement.
Benefit | MOTOR INFORMATION SYSTEMS | Industry | Michigan |
|---|---|---|---|
| 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
MOTOR INFORMATION SYSTEMS provides excellent health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an excellent maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: MOTOR INFORMATION SYSTEMS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why MOTOR INFORMATION SYSTEMS implemented a solid counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: MOTOR INFORMATION SYSTEMS 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: MOTOR INFORMATION SYSTEMS offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: MOTOR INFORMATION SYSTEMS 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: MOTOR INFORMATION SYSTEMS offers an excellent 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: MOTOR INFORMATION SYSTEMS offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MOTOR INFORMATION SYSTEMS has implemented a superb telehealth policy for its members to use any time of the day, every single day. MOTOR INFORMATION SYSTEMS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MOTOR INFORMATION SYSTEMS has an impressive Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | MOTOR INFORMATION SYSTEMS | Industry | Michigan |
|---|---|---|---|
| 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
MOTOR INFORMATION SYSTEMS offers superb financial benefits for employees and their family members. A superb 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: MOTOR INFORMATION SYSTEMS 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 MOTOR INFORMATION SYSTEMS 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, MOTOR INFORMATION SYSTEMS provides resources which will help team members decide what to do with their 401(k) plan. MOTOR INFORMATION SYSTEMS offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: MOTOR INFORMATION SYSTEMS does not offer adoption assistance reimbursement.
- BONUS PAY: MOTOR INFORMATION SYSTEMS has a valuable 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: MOTOR INFORMATION SYSTEMS offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: MOTOR INFORMATION SYSTEMS acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: MOTOR INFORMATION SYSTEMS offers an exceptional daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: MOTOR INFORMATION SYSTEMS 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: MOTOR INFORMATION SYSTEMS has a top-notch 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: MOTOR INFORMATION SYSTEMS wants for its team members to lead a happy and fulfilled life so it has a good 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: MOTOR INFORMATION SYSTEMS has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, MOTOR INFORMATION SYSTEMS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: MOTOR INFORMATION SYSTEMS has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MOTOR INFORMATION SYSTEMS | Industry | Michigan |
|---|---|---|---|
| 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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