This report analyzes and compares OLSSON ASSOCIATES' employee health insurance and employee benefits with its industry and in Nebraska 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
OLSSON ASSOCIATES 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 OLSSON ASSOCIATES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: OLSSON ASSOCIATES continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that OLSSON ASSOCIATES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: OLSSON ASSOCIATES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows OLSSON ASSOCIATES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: OLSSON ASSOCIATES has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: OLSSON ASSOCIATES is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, OLSSON ASSOCIATES ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: OLSSON ASSOCIATES offers a first-class 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, OLSSON ASSOCIATES implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: OLSSON ASSOCIATES has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at OLSSON ASSOCIATES.
Benefit | OLSSON ASSOCIATES | Industry | Nebraska |
|---|---|---|---|
| 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
OLSSON ASSOCIATES 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 OLSSON ASSOCIATES's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: OLSSON ASSOCIATES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why OLSSON ASSOCIATES implemented a solid counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at OLSSON ASSOCIATES have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. OLSSON ASSOCIATES partially pays for dentures and braces as well.
- HEALTH INSURANCE: OLSSON ASSOCIATES 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: OLSSON ASSOCIATES offers its team members top-notch 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. OLSSON ASSOCIATES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: OLSSON ASSOCIATES has a superb 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: OLSSON ASSOCIATES offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: OLSSON ASSOCIATES has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. OLSSON ASSOCIATES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: OLSSON ASSOCIATES offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | OLSSON ASSOCIATES | Industry | Nebraska |
|---|---|---|---|
| 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
OLSSON ASSOCIATES offers remarkable financial benefits for employees and their family members. A remarkable 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: OLSSON ASSOCIATES has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, OLSSON ASSOCIATES offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, OLSSON ASSOCIATES offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: OLSSON ASSOCIATES has an excellent 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: OLSSON ASSOCIATES offers superior bonuses to team members who excel in their field of work, provide extraordinary results for OLSSON ASSOCIATES, and encourage others to do the same.
- CHILDCARE DISCOUNT: OLSSON ASSOCIATES does not offer childcare discount.
- COMMUTER BENEFIT: OLSSON ASSOCIATES has a good 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: OLSSON ASSOCIATES 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: OLSSON ASSOCIATES has a good disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: OLSSON ASSOCIATES offers a suitable life insurance policy to its team members for an affordable price. OLSSON ASSOCIATES 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: OLSSON ASSOCIATES has an exceptional 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: OLSSON ASSOCIATES believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why OLSSON ASSOCIATES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: OLSSON ASSOCIATES has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | OLSSON ASSOCIATES | Industry | Nebraska |
|---|---|---|---|
| 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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