This report analyzes and compares PETROBRAS' employee health insurance and employee benefits with its industry and in Texas State.

COMPARE PETROBRAS' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

PETROBRAS offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. PETROBRAS believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.

  • CAREER PLANNING: PETROBRAS 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. PETROBRAS has great resources at its disposal to achieve this goal.
  • COACHING AND MENTORING: PETROBRAS believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: PETROBRAS offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: PETROBRAS has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: PETROBRAS does not offer leadership programs.
  • ONBOARDING: PETROBRAS is aware of the difficulties that new employees might experience when they join the team. That's why PETROBRAS has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, PETROBRAS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: PETROBRAS has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
PETROBRAS's career benefits comparison table

Benefit

PETROBRAS

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

PETROBRAS 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 PETROBRAS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: PETROBRAS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why PETROBRAS implemented a good 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 good counseling program includes nutritional and fitness information as well.
  • DENTAL PLAN: Team members at PETROBRAS 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. PETROBRAS partially pays for dentures and braces as well.
  • HEALTH INSURANCE: PETROBRAS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, PETROBRAS offers solid health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
  • HEALTHCARE SPENDING ACCOUNTS: PETROBRAS has a top-notch 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: Aware of the challenges that come with pregnancy, PETROBRAS has created a first-class maternity support program to support its expecting team members.
  • TELEHEALTH: PETROBRAS 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: PETROBRAS 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.
PETROBRAS's healthcare benefits comparison table

Benefit

PETROBRAS

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 valuable financial benefits at PETROBRAS. 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. PETROBRAS offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect PETROBRAS to partially cover the expenses.

  • 401(K) PLAN: PETROBRAS does not offer 401(k) plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: PETROBRAS has a valuable 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: PETROBRAS offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for PETROBRAS, and encourage others to do the same.
  • CHILDCARE DISCOUNT: PETROBRAS does not offer childcare discount.
  • COMMUTER BENEFIT: PETROBRAS acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: PETROBRAS 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: PETROBRAS has an excellent disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
  • LIFE INSURANCE: PETROBRAS 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: PETROBRAS wants for its team members to lead a happy and fulfilled life so it has a suitable 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: PETROBRAS recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by PETROBRAS, on volunteer work of their choice.
  • PARENTAL LEAVE: PETROBRAS has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
PETROBRAS's financial benefits comparison table

Benefit

PETROBRAS

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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