This report analyzes and compares NGL ENERGY PARTNERS' employee health insurance and employee benefits with its industry and in Oklahoma 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
NGL ENERGY PARTNERS 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 NGL ENERGY PARTNERS. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NGL ENERGY PARTNERS continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that NGL ENERGY PARTNERS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: NGL ENERGY PARTNERS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: NGL ENERGY PARTNERS encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, NGL ENERGY PARTNERS supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: NGL ENERGY PARTNERS has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: NGL ENERGY PARTNERS offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by NGL ENERGY PARTNERS to grow as leaders and learn how to make tough calls.
- ONBOARDING: NGL ENERGY PARTNERS 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: Aware of the fact that its team members work hard, NGL ENERGY PARTNERS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: NGL ENERGY PARTNERS realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | NGL ENERGY PARTNERS | Industry | Oklahoma |
|---|---|---|---|
| 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
NGL ENERGY PARTNERS 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 NGL ENERGY PARTNERS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NGL ENERGY PARTNERS does not offer counseling.
- DENTAL PLAN: NGL ENERGY PARTNERS offers a suitable 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: NGL ENERGY PARTNERS offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: NGL ENERGY PARTNERS offers its team members superb health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. NGL ENERGY PARTNERS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, NGL ENERGY PARTNERS offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: NGL ENERGY PARTNERS offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: NGL ENERGY PARTNERS has an exceptional 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: NGL ENERGY PARTNERS provides a remarkable 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 | NGL ENERGY PARTNERS | Industry | Oklahoma |
|---|---|---|---|
| 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
NGL ENERGY PARTNERS offers top-notch financial benefits for employees and their family members. A top-notch 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: NGL ENERGY PARTNERS knows how important it is to think about retirement and start saving on time. That's why it offers a solid 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 NGL ENERGY PARTNERS 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, NGL ENERGY PARTNERS provides resources which will help team members decide what to do with their 401(k) plan. NGL ENERGY PARTNERS offers a solid vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: NGL ENERGY PARTNERS has an extraordinary 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: NGL ENERGY PARTNERS offers superb bonuses to team members who excel in their field of work, provide extraordinary results for NGL ENERGY PARTNERS, and encourage others to do the same.
- CHILDCARE DISCOUNT: NGL ENERGY PARTNERS does not offer childcare discount.
- COMMUTER BENEFIT: NGL ENERGY PARTNERS 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: NGL ENERGY PARTNERS has a valuable 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: NGL ENERGY PARTNERS 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: NGL ENERGY PARTNERS offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: NGL ENERGY PARTNERS 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: NGL ENERGY PARTNERS believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why NGL ENERGY PARTNERS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: NGL ENERGY PARTNERS has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NGL ENERGY PARTNERS | Industry | Oklahoma |
|---|---|---|---|
| 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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