This report analyzes and compares NACCO MATERIALS HANDLING GROUP's employee health insurance and employee benefits with its industry and in Ohio 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
NACCO MATERIALS HANDLING GROUP offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. NACCO MATERIALS HANDLING GROUP 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: NACCO MATERIALS HANDLING GROUP believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. NACCO MATERIALS HANDLING GROUP has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: NACCO MATERIALS HANDLING GROUP does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: NACCO MATERIALS HANDLING GROUP encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, NACCO MATERIALS HANDLING GROUP supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: NACCO MATERIALS HANDLING GROUP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: NACCO MATERIALS HANDLING GROUP is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, NACCO MATERIALS HANDLING GROUP ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: NACCO MATERIALS HANDLING GROUP does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, NACCO MATERIALS HANDLING GROUP implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: NACCO MATERIALS HANDLING GROUP 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 | NACCO MATERIALS HANDLING GROUP | Industry | Ohio |
|---|---|---|---|
| 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
NACCO MATERIALS HANDLING GROUP offers top-notch 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 NACCO MATERIALS HANDLING GROUP's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NACCO MATERIALS HANDLING GROUP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: Team members at NACCO MATERIALS HANDLING GROUP have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. NACCO MATERIALS HANDLING GROUP partially pays for dentures and braces as well.
- HEALTH INSURANCE: NACCO MATERIALS HANDLING GROUP offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: NACCO MATERIALS HANDLING GROUP is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: NACCO MATERIALS HANDLING GROUP 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, NACCO MATERIALS HANDLING GROUP has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: NACCO MATERIALS HANDLING GROUP 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: NACCO MATERIALS HANDLING GROUP 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.
Benefit | NACCO MATERIALS HANDLING GROUP | Industry | Ohio |
|---|---|---|---|
| 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 valuable financial benefits at NACCO MATERIALS HANDLING GROUP. 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. NACCO MATERIALS HANDLING GROUP offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect NACCO MATERIALS HANDLING GROUP to partially cover the expenses.
- 401(K) PLAN: NACCO MATERIALS HANDLING GROUP does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: NACCO MATERIALS HANDLING GROUP does not offer adoption assistance reimbursement.
- BONUS PAY: NACCO MATERIALS HANDLING GROUP 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: NACCO MATERIALS HANDLING GROUP does not offer childcare discount.
- COMMUTER BENEFIT: NACCO MATERIALS HANDLING GROUP has a suitable 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: NACCO MATERIALS HANDLING GROUP 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: NACCO MATERIALS HANDLING GROUP has an impressive 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: NACCO MATERIALS HANDLING GROUP has a superb 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: NACCO MATERIALS HANDLING GROUP wants for its team members to lead a happy and fulfilled life so it has a solid 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: NACCO MATERIALS HANDLING GROUP recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by NACCO MATERIALS HANDLING GROUP, on volunteer work of their choice.
- PARENTAL LEAVE: NACCO MATERIALS HANDLING GROUP has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NACCO MATERIALS HANDLING GROUP | Industry | Ohio |
|---|---|---|---|
| 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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