This report analyzes and compares PRATT DESIGNUBATOR's employee health insurance and employee benefits with its industry and in New York 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
PRATT DESIGNUBATOR offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. PRATT DESIGNUBATOR 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: PRATT DESIGNUBATOR 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. PRATT DESIGNUBATOR has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: PRATT DESIGNUBATOR 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: PRATT DESIGNUBATOR encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, PRATT DESIGNUBATOR 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: PRATT DESIGNUBATOR has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: PRATT DESIGNUBATOR is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, PRATT DESIGNUBATOR ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: PRATT DESIGNUBATOR does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, PRATT DESIGNUBATOR implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: PRATT DESIGNUBATOR has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at PRATT DESIGNUBATOR.
Benefit | PRATT DESIGNUBATOR | Industry | New York |
|---|---|---|---|
| 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
PRATT DESIGNUBATOR offers remarkable 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 PRATT DESIGNUBATOR's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PRATT DESIGNUBATOR is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why PRATT DESIGNUBATOR 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 PRATT DESIGNUBATOR have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PRATT DESIGNUBATOR partially pays for dentures and braces as well.
- HEALTH INSURANCE: PRATT DESIGNUBATOR offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PRATT DESIGNUBATOR offers its team members first-class 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. PRATT DESIGNUBATOR provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: PRATT DESIGNUBATOR has a superb 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: PRATT DESIGNUBATOR has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: PRATT DESIGNUBATOR has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. PRATT DESIGNUBATOR can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: PRATT DESIGNUBATOR 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 | PRATT DESIGNUBATOR | Industry | New York |
|---|---|---|---|
| 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
PRATT DESIGNUBATOR offers first-class financial benefits for employees and their family members. A first-class 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: PRATT DESIGNUBATOR has an excellent 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, PRATT DESIGNUBATOR offers an excellent 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, PRATT DESIGNUBATOR offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PRATT DESIGNUBATOR 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 PRATT DESIGNUBATOR.
- BONUS PAY: PRATT DESIGNUBATOR offers superb bonuses to team members who excel in their field of work, provide extraordinary results for PRATT DESIGNUBATOR, and encourage others to do the same.
- CHILDCARE DISCOUNT: PRATT DESIGNUBATOR does not offer childcare discount.
- COMMUTER BENEFIT: PRATT DESIGNUBATOR acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: PRATT DESIGNUBATOR 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: PRATT DESIGNUBATOR offers a first-class 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: PRATT DESIGNUBATOR has a first-class life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: PRATT DESIGNUBATOR 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: PRATT DESIGNUBATOR believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why PRATT DESIGNUBATOR offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: PRATT DESIGNUBATOR has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PRATT DESIGNUBATOR | Industry | New York |
|---|---|---|---|
| 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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