This report analyzes and compares NEWEGG'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
NEWEGG has top-notch 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 NEWEGG. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NEWEGG 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. NEWEGG has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: NEWEGG does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: NEWEGG encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, NEWEGG supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: NEWEGG does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: NEWEGG believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that NEWEGG provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: NEWEGG offers a superior 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: NEWEGG knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to NEWEGG.
- TUITION REIMBURSEMENT: NEWEGG realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
NEWEGG offers remarkable 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 NEWEGG's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NEWEGG does not offer counseling.
- DENTAL PLAN: Team members at NEWEGG 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. NEWEGG partially pays for dentures and braces as well.
- HEALTH INSURANCE: NEWEGG provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, NEWEGG offers great 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: NEWEGG offers an impressive 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, NEWEGG has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: NEWEGG does not offer telehealth.
- VISION PLAN: NEWEGG 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.
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
NEWEGG gives outstanding financial benefits to make sure that its team members are always happy with their financial situation even when they are unable to work. Considerable parental leave with a 100% salary, as well as thoughtful disability policy, keep employees secure. Team members that want to volunteer can enjoy several days per year of paid volunteer work.
- 401(K) PLAN: NEWEGG does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: NEWEGG has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: NEWEGG offers superior bonuses to team members who excel in their field of work, provide extraordinary results for NEWEGG, and encourage others to do the same.
- CHILDCARE DISCOUNT: NEWEGG cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: NEWEGG offers extraordinary 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: NEWEGG offers an extraordinary 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: NEWEGG has an extraordinary 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: NEWEGG 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: NEWEGG has an excellent vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: NEWEGG believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why NEWEGG offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: NEWEGG has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
|401(k) plan Benefits|
|Adoption assistance reimbursement Benefits|
|Bonus pay Benefits|
|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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