This report analyzes and compares PRECISION AUTO CARE's employee health insurance and employee benefits with its industry and in Virginia 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
PRECISION AUTO CARE offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. PRECISION AUTO CARE 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: PRECISION AUTO CARE continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that PRECISION AUTO CARE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a good coaching and mentoring program, PRECISION AUTO CARE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: PRECISION AUTO CARE encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, PRECISION AUTO CARE supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: PRECISION AUTO CARE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: PRECISION AUTO CARE does not offer leadership programs.
- ONBOARDING: PRECISION AUTO CARE is aware of the difficulties that new employees might experience when they join the team. That's why PRECISION AUTO CARE has a good 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, PRECISION AUTO CARE implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: PRECISION AUTO CARE does not offer tuition reimbursement.
Benefit | PRECISION AUTO CARE | Industry | Virginia |
|---|---|---|---|
| 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
PRECISION AUTO CARE 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 PRECISION AUTO CARE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PRECISION AUTO CARE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why PRECISION AUTO CARE 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: PRECISION AUTO CARE offers a solid 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: PRECISION AUTO CARE provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: PRECISION AUTO CARE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: PRECISION AUTO CARE has a remarkable 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: PRECISION AUTO CARE 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: PRECISION AUTO CARE has an outstanding 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: PRECISION AUTO CARE 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 | PRECISION AUTO CARE | Industry | Virginia |
|---|---|---|---|
| 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
PRECISION AUTO CARE 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: PRECISION AUTO CARE 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. PRECISION AUTO CARE 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 PRECISION AUTO CARE has Matching program that matches 75% of employees' contributions. Whatever PRECISION AUTO CARE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave PRECISION AUTO CARE. Recognizing that every team member is unique, with specific needs and goals, PRECISION AUTO CARE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: PRECISION AUTO CARE does not offer adoption assistance reimbursement.
- BONUS PAY: PRECISION AUTO CARE has a valuable 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: PRECISION AUTO CARE does not offer childcare discount.
- COMMUTER BENEFIT: PRECISION AUTO CARE 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: PRECISION AUTO CARE offers a first-class daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: PRECISION AUTO CARE has an outstanding 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: PRECISION AUTO CARE 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: PRECISION AUTO CARE has an impressive vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: PRECISION AUTO CARE 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, PRECISION AUTO CARE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: PRECISION AUTO CARE has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PRECISION AUTO CARE | Industry | Virginia |
|---|---|---|---|
| 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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