This report analyzes and compares PHOTOSHOP's 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
PHOTOSHOP 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 PHOTOSHOP. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PHOTOSHOP offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, PHOTOSHOP makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, PHOTOSHOP can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows PHOTOSHOP 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: PHOTOSHOP has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: PHOTOSHOP offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by PHOTOSHOP to grow as leaders and learn how to make tough calls.
- ONBOARDING: PHOTOSHOP is aware of the difficulties that new employees might experience when they join the team. That's why PHOTOSHOP has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: PHOTOSHOP knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to PHOTOSHOP.
- TUITION REIMBURSEMENT: PHOTOSHOP realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | PHOTOSHOP | 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
PHOTOSHOP 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 PHOTOSHOP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PHOTOSHOP has an extraordinary counseling program for its employees and their family members. Team members are encouraged by PHOTOSHOP to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: PHOTOSHOP 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: PHOTOSHOP provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: PHOTOSHOP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, PHOTOSHOP offers a valuable 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: PHOTOSHOP offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: PHOTOSHOP does not offer telehealth.
- VISION PLAN: PHOTOSHOP offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | PHOTOSHOP | 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
PHOTOSHOP offers superb financial benefits for employees and their family members. A superb 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: PHOTOSHOP has a top-notch 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. PHOTOSHOP 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 top-notch PHOTOSHOP has Matching program that matches 75% of employees' contributions. Whatever PHOTOSHOP contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave PHOTOSHOP. Recognizing that every team member is unique, with specific needs and goals, PHOTOSHOP keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: PHOTOSHOP has a remarkable 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 PHOTOSHOP.
- BONUS PAY: PHOTOSHOP offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for PHOTOSHOP, and encourage others to do the same.
- CHILDCARE DISCOUNT: PHOTOSHOP has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: PHOTOSHOP offers impressive 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: PHOTOSHOP has a suitable 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: PHOTOSHOP has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: PHOTOSHOP offers a valuable life insurance policy to its team members for an affordable price. PHOTOSHOP 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: PHOTOSHOP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why PHOTOSHOP has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: PHOTOSHOP 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, PHOTOSHOP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: PHOTOSHOP has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PHOTOSHOP | 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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