This report analyzes and compares PHIBRO ANIMAL HEALTH's employee health insurance and employee benefits with its industry and in New Jersey 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
PHIBRO ANIMAL HEALTH has first-class 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 PHIBRO ANIMAL HEALTH. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PHIBRO ANIMAL HEALTH believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. PHIBRO ANIMAL HEALTH has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, PHIBRO ANIMAL HEALTH can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: PHIBRO ANIMAL HEALTH 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: PHIBRO ANIMAL HEALTH does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: PHIBRO ANIMAL HEALTH is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, PHIBRO ANIMAL HEALTH ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: PHIBRO ANIMAL HEALTH offers a remarkable 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: PHIBRO ANIMAL HEALTH 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: PHIBRO ANIMAL HEALTH realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | PHIBRO ANIMAL HEALTH | Industry | New Jersey |
|---|---|---|---|
| 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
PHIBRO ANIMAL HEALTH offers first-class 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 PHIBRO ANIMAL HEALTH's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PHIBRO ANIMAL HEALTH is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why PHIBRO ANIMAL HEALTH implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at PHIBRO ANIMAL HEALTH have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PHIBRO ANIMAL HEALTH partially pays for dentures and braces as well.
- HEALTH INSURANCE: PHIBRO ANIMAL HEALTH offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PHIBRO ANIMAL HEALTH does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, PHIBRO ANIMAL HEALTH offers a good 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: PHIBRO ANIMAL HEALTH offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: PHIBRO ANIMAL HEALTH has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. PHIBRO ANIMAL HEALTH covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: PHIBRO ANIMAL HEALTH has an outstanding 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 | PHIBRO ANIMAL HEALTH | Industry | New Jersey |
|---|---|---|---|
| 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
PHIBRO ANIMAL HEALTH offers superior financial benefits for employees and their family members. A superior 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: PHIBRO ANIMAL HEALTH has a first-class 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. PHIBRO ANIMAL HEALTH 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 first-class PHIBRO ANIMAL HEALTH has Matching program that matches 75% of employees' contributions. Whatever PHIBRO ANIMAL HEALTH contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave PHIBRO ANIMAL HEALTH. Recognizing that every team member is unique, with specific needs and goals, PHIBRO ANIMAL HEALTH keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: PHIBRO ANIMAL HEALTH has a top-notch Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by PHIBRO ANIMAL HEALTH.
- BONUS PAY: PHIBRO ANIMAL HEALTH offers superb bonuses to team members who excel in their field of work, provide extraordinary results for PHIBRO ANIMAL HEALTH, and encourage others to do the same.
- CHILDCARE DISCOUNT: PHIBRO ANIMAL HEALTH cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: PHIBRO ANIMAL HEALTH 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: PHIBRO ANIMAL HEALTH 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: PHIBRO ANIMAL HEALTH has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: PHIBRO ANIMAL HEALTH offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: PHIBRO ANIMAL HEALTH realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why PHIBRO ANIMAL HEALTH has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: PHIBRO ANIMAL HEALTH has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, PHIBRO ANIMAL HEALTH stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: PHIBRO ANIMAL HEALTH has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PHIBRO ANIMAL HEALTH | Industry | New Jersey |
|---|---|---|---|
| 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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