This report analyzes and compares NOODLES & COMPANY's employee health insurance and employee benefits with its industry and in Colorado 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
NOODLES & COMPANY has superb 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 NOODLES & COMPANY. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NOODLES & COMPANY continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that NOODLES & COMPANY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: NOODLES & COMPANY believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: NOODLES & COMPANY encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, NOODLES & COMPANY supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: NOODLES & COMPANY has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: NOODLES & COMPANY offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by NOODLES & COMPANY to grow as leaders and learn how to make tough calls.
- ONBOARDING: NOODLES & COMPANY is aware of the difficulties that new employees might experience when they join the team. That's why NOODLES & COMPANY has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: NOODLES & COMPANY knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to NOODLES & COMPANY.
- TUITION REIMBURSEMENT: NOODLES & COMPANY has a valuable 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 | NOODLES & COMPANY | Industry | Colorado |
|---|---|---|---|
| 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
NOODLES & COMPANY 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: NOODLES & COMPANY has an extraordinary counseling program for its employees and their family members. Team members are encouraged by NOODLES & COMPANY to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: NOODLES & COMPANY cares about its team members' dental health so it offers an impressive 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: NOODLES & COMPANY offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: NOODLES & COMPANY offers its team members first-class 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. NOODLES & COMPANY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: NOODLES & COMPANY 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: NOODLES & COMPANY offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: NOODLES & COMPANY has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. NOODLES & COMPANY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: NOODLES & COMPANY 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 | NOODLES & COMPANY | Industry | Colorado |
|---|---|---|---|
| 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 suitable financial benefits at NOODLES & COMPANY. 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. NOODLES & COMPANY offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect NOODLES & COMPANY to partially cover the expenses.
- 401(K) PLAN: NOODLES & COMPANY has a remarkable 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. NOODLES & COMPANY provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a remarkable NOODLES & COMPANY has Matching program that matches 75% of employees' contributions. Whatever NOODLES & COMPANY contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave NOODLES & COMPANY. Recognizing that every team member is unique, with specific needs and goals, NOODLES & COMPANY keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: NOODLES & COMPANY does not offer adoption assistance reimbursement.
- BONUS PAY: NOODLES & COMPANY offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for NOODLES & COMPANY, and encourage others to do the same.
- CHILDCARE DISCOUNT: NOODLES & COMPANY offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: NOODLES & COMPANY offers exceptional 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: NOODLES & COMPANY has a good 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: NOODLES & COMPANY offers a first-class short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: NOODLES & COMPANY offers a suitable life insurance policy to its team members for an affordable price. NOODLES & COMPANY participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: NOODLES & COMPANY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why NOODLES & COMPANY has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: NOODLES & COMPANY 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 NOODLES & COMPANY, on volunteer work of their choice.
- PARENTAL LEAVE: NOODLES & COMPANY has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NOODLES & COMPANY | Industry | Colorado |
|---|---|---|---|
| 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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