This report analyzes and compares NUSTAR ENERGY's employee health insurance and employee benefits with its industry and in Texas 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
NUSTAR ENERGY 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 NUSTAR ENERGY. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: NUSTAR ENERGY believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. NUSTAR ENERGY has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: NUSTAR ENERGY believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows NUSTAR ENERGY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: NUSTAR ENERGY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: NUSTAR ENERGY is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, NUSTAR ENERGY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why NUSTAR ENERGY offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, NUSTAR ENERGY implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: NUSTAR ENERGY does not offer tuition reimbursement.
Benefit | NUSTAR ENERGY | Industry | Texas |
|---|---|---|---|
| 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
NUSTAR ENERGY offers superior 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 NUSTAR ENERGY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: NUSTAR ENERGY wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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 NUSTAR ENERGY have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. NUSTAR ENERGY partially pays for dentures and braces as well.
- HEALTH INSURANCE: NUSTAR ENERGY offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: NUSTAR ENERGY 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. NUSTAR ENERGY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: NUSTAR ENERGY has a remarkable healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: NUSTAR ENERGY has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: NUSTAR ENERGY 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: NUSTAR ENERGY 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 | NUSTAR ENERGY | Industry | Texas |
|---|---|---|---|
| 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 great financial benefits at NUSTAR ENERGY. 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. NUSTAR ENERGY offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect NUSTAR ENERGY to partially cover the expenses.
- 401(K) PLAN: NUSTAR ENERGY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: NUSTAR ENERGY does not offer adoption assistance reimbursement.
- BONUS PAY: NUSTAR ENERGY has a great 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: NUSTAR ENERGY offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: NUSTAR ENERGY has a great 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: NUSTAR ENERGY offers a first-class 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: NUSTAR ENERGY offers a superb 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: NUSTAR ENERGY offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: NUSTAR ENERGY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why NUSTAR ENERGY has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: NUSTAR ENERGY does not offer paid volunteer time off.
- PARENTAL LEAVE: NUSTAR ENERGY has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | NUSTAR ENERGY | Industry | Texas |
|---|---|---|---|
| 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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