This report analyzes and compares PERFORMANCE FOOD GROUP's employee health insurance and employee benefits with its industry and in Virginia 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
PERFORMANCE FOOD GROUP offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. PERFORMANCE FOOD GROUP believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: PERFORMANCE FOOD GROUP continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that PERFORMANCE FOOD GROUP uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: PERFORMANCE FOOD GROUP 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: PERFORMANCE FOOD GROUP encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, PERFORMANCE FOOD GROUP supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: PERFORMANCE FOOD GROUP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: PERFORMANCE FOOD GROUP offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by PERFORMANCE FOOD GROUP to grow as leaders and learn how to make tough calls.
- ONBOARDING: PERFORMANCE FOOD GROUP does not offer onboarding.
- RECOGNITION PROGRAMS: PERFORMANCE FOOD GROUP has a superb Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: PERFORMANCE FOOD GROUP does not offer tuition reimbursement.
Benefit | PERFORMANCE FOOD GROUP | Industry | Virginia |
|---|---|---|---|
| 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
PERFORMANCE FOOD GROUP 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 PERFORMANCE FOOD GROUP's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PERFORMANCE FOOD GROUP does not offer counseling.
- DENTAL PLAN: Team members at PERFORMANCE FOOD GROUP have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PERFORMANCE FOOD GROUP partially pays for dentures and braces as well.
- HEALTH INSURANCE: PERFORMANCE FOOD GROUP offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PERFORMANCE FOOD GROUP offers its team members remarkable 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. PERFORMANCE FOOD GROUP provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, PERFORMANCE FOOD GROUP offers a great 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: Aware of the challenges that come with pregnancy, PERFORMANCE FOOD GROUP has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: PERFORMANCE FOOD GROUP has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. PERFORMANCE FOOD GROUP covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: PERFORMANCE FOOD GROUP offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | PERFORMANCE FOOD GROUP | Industry | Virginia |
|---|---|---|---|
| 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
PERFORMANCE FOOD GROUP 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: PERFORMANCE FOOD GROUP 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, PERFORMANCE FOOD GROUP 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, PERFORMANCE FOOD GROUP offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PERFORMANCE FOOD GROUP does not offer adoption assistance reimbursement.
- BONUS PAY: PERFORMANCE FOOD GROUP offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for PERFORMANCE FOOD GROUP, and encourage others to do the same.
- CHILDCARE DISCOUNT: PERFORMANCE FOOD GROUP offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: PERFORMANCE FOOD GROUP offers extraordinary 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: PERFORMANCE FOOD GROUP 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: PERFORMANCE FOOD GROUP 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: PERFORMANCE FOOD GROUP offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: PERFORMANCE FOOD GROUP has an outstanding 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: PERFORMANCE FOOD GROUP has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, PERFORMANCE FOOD GROUP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: PERFORMANCE FOOD GROUP has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PERFORMANCE FOOD GROUP | Industry | Virginia |
|---|---|---|---|
| 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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