This report analyzes and compares OMNIVISION TECHNOLOGIES' 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
Career benefits
OMNIVISION TECHNOLOGIES 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 OMNIVISION TECHNOLOGIES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: OMNIVISION TECHNOLOGIES offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, OMNIVISION TECHNOLOGIES makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: By using a good coaching and mentoring program, OMNIVISION TECHNOLOGIES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: OMNIVISION TECHNOLOGIES encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, OMNIVISION TECHNOLOGIES supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: OMNIVISION TECHNOLOGIES has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: OMNIVISION TECHNOLOGIES offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by OMNIVISION TECHNOLOGIES to grow as leaders and learn how to make tough calls.
- 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 OMNIVISION TECHNOLOGIES offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: OMNIVISION TECHNOLOGIES knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to OMNIVISION TECHNOLOGIES.
- TUITION REIMBURSEMENT: OMNIVISION TECHNOLOGIES does not offer tuition reimbursement.
Benefit | OMNIVISION TECHNOLOGIES | Industry | California |
|---|---|---|---|
| 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
OMNIVISION TECHNOLOGIES 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 OMNIVISION TECHNOLOGIES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: OMNIVISION TECHNOLOGIES does not offer counseling.
- DENTAL PLAN: OMNIVISION TECHNOLOGIES cares about its team members' dental health so it offers an exceptional 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: OMNIVISION TECHNOLOGIES offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: OMNIVISION TECHNOLOGIES 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. OMNIVISION TECHNOLOGIES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, OMNIVISION TECHNOLOGIES offers a solid 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: OMNIVISION TECHNOLOGIES has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: OMNIVISION TECHNOLOGIES has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. OMNIVISION TECHNOLOGIES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: OMNIVISION TECHNOLOGIES has an excellent 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 | OMNIVISION TECHNOLOGIES | Industry | California |
|---|---|---|---|
| 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 OMNIVISION TECHNOLOGIES. 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. OMNIVISION TECHNOLOGIES offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect OMNIVISION TECHNOLOGIES to partially cover the expenses.
- 401(K) PLAN: OMNIVISION TECHNOLOGIES has a superior 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. OMNIVISION TECHNOLOGIES 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 superior OMNIVISION TECHNOLOGIES has Matching program that matches 75% of employees' contributions. Whatever OMNIVISION TECHNOLOGIES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave OMNIVISION TECHNOLOGIES. Recognizing that every team member is unique, with specific needs and goals, OMNIVISION TECHNOLOGIES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: OMNIVISION TECHNOLOGIES has a solid Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: OMNIVISION TECHNOLOGIES has an impressive bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: OMNIVISION TECHNOLOGIES does not offer childcare discount.
- COMMUTER BENEFIT: OMNIVISION TECHNOLOGIES acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: OMNIVISION TECHNOLOGIES has a great 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: OMNIVISION TECHNOLOGIES has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: OMNIVISION TECHNOLOGIES has a first-class life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: OMNIVISION TECHNOLOGIES wants for its team members to lead a happy and fulfilled life so it has a great 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: OMNIVISION TECHNOLOGIES does not offer paid volunteer time off.
- PARENTAL LEAVE: OMNIVISION TECHNOLOGIES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | OMNIVISION TECHNOLOGIES | Industry | California |
|---|---|---|---|
| 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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