This report analyzes and compares PHILLIPS 66 PARTNERS' employee health insurance and employee benefits with its industry and in Texas 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
PHILLIPS 66 PARTNERS has superior 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 PHILLIPS 66 PARTNERS. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PHILLIPS 66 PARTNERS 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. PHILLIPS 66 PARTNERS has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: PHILLIPS 66 PARTNERS 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: outstanding development resources are what allows PHILLIPS 66 PARTNERS 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: PHILLIPS 66 PARTNERS has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: PHILLIPS 66 PARTNERS offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by PHILLIPS 66 PARTNERS to grow as leaders and learn how to make tough calls.
- ONBOARDING: PHILLIPS 66 PARTNERS is aware of the difficulties that new employees might experience when they join the team. That's why PHILLIPS 66 PARTNERS has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: PHILLIPS 66 PARTNERS has a top-notch 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: PHILLIPS 66 PARTNERS realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | PHILLIPS 66 PARTNERS | 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
PHILLIPS 66 PARTNERS offers superb 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 PHILLIPS 66 PARTNERS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PHILLIPS 66 PARTNERS does not offer counseling.
- DENTAL PLAN: PHILLIPS 66 PARTNERS offers a suitable dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: PHILLIPS 66 PARTNERS provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: PHILLIPS 66 PARTNERS offers its team members superior 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. PHILLIPS 66 PARTNERS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: PHILLIPS 66 PARTNERS offers an outstanding healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: PHILLIPS 66 PARTNERS has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: PHILLIPS 66 PARTNERS has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. PHILLIPS 66 PARTNERS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: PHILLIPS 66 PARTNERS offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | PHILLIPS 66 PARTNERS | 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 suitable financial benefits at PHILLIPS 66 PARTNERS. 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. PHILLIPS 66 PARTNERS offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect PHILLIPS 66 PARTNERS to partially cover the expenses.
- 401(K) PLAN: PHILLIPS 66 PARTNERS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PHILLIPS 66 PARTNERS 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 PHILLIPS 66 PARTNERS.
- BONUS PAY: PHILLIPS 66 PARTNERS has a great bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: PHILLIPS 66 PARTNERS cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: PHILLIPS 66 PARTNERS 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: PHILLIPS 66 PARTNERS offers an excellent daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: PHILLIPS 66 PARTNERS offers a remarkable short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: PHILLIPS 66 PARTNERS offers a good life insurance policy to its team members for an affordable price. PHILLIPS 66 PARTNERS 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: PHILLIPS 66 PARTNERS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why PHILLIPS 66 PARTNERS has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: PHILLIPS 66 PARTNERS does not offer paid volunteer time off.
- PARENTAL LEAVE: PHILLIPS 66 PARTNERS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PHILLIPS 66 PARTNERS | 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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