This report analyzes and compares PROCTER & GAMBLE (P&G)'s employee health insurance and employee benefits with its industry and in Ohio State.

COMPARE PROCTER & GAMBLE (P&G)'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

PROCTER & GAMBLE (P&G) 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 PROCTER & GAMBLE (P&G). first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: PROCTER & GAMBLE (P&G) 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. PROCTER & GAMBLE (P&G) has good resources at its disposal to achieve this goal.
  • COACHING AND MENTORING: PROCTER & GAMBLE (P&G) does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: impressive development resources are what allows PROCTER & GAMBLE (P&G) to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: PROCTER & GAMBLE (P&G) has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: PROCTER & GAMBLE (P&G) is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, PROCTER & GAMBLE (P&G) ensures that team members with a potential for becoming leaders can achieve their goals.
  • ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why PROCTER & GAMBLE (P&G) offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
  • RECOGNITION PROGRAMS: PROCTER & GAMBLE (P&G) has a superior 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: PROCTER & GAMBLE (P&G) has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at PROCTER & GAMBLE (P&G).
PROCTER & GAMBLE (P&G)'s career benefits comparison table

Benefit

PROCTER & GAMBLE (P&G)

Industry

Ohio

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

PROCTER & GAMBLE (P&G) offers top-notch 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 PROCTER & GAMBLE (P&G)'s top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: PROCTER & GAMBLE (P&G) has an impressive counseling program for its employees and their family members. Team members are encouraged by PROCTER & GAMBLE (P&G) 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 impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
  • DENTAL PLAN: PROCTER & GAMBLE (P&G) cares about its team members' dental health so it offers an excellent 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: PROCTER & GAMBLE (P&G) offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: PROCTER & GAMBLE (P&G) offers its team members superb 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. PROCTER & GAMBLE (P&G) provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, PROCTER & GAMBLE (P&G) offers a solid 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: PROCTER & GAMBLE (P&G) offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: PROCTER & GAMBLE (P&G) 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: PROCTER & GAMBLE (P&G) 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.
PROCTER & GAMBLE (P&G)'s healthcare benefits comparison table

Benefit

PROCTER & GAMBLE (P&G)

Industry

Ohio

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

PROCTER & GAMBLE (P&G) 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: PROCTER & GAMBLE (P&G) has an extraordinary 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, PROCTER & GAMBLE (P&G) offers an extraordinary 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, PROCTER & GAMBLE (P&G) offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: PROCTER & GAMBLE (P&G) has a valuable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
  • BONUS PAY: PROCTER & GAMBLE (P&G) offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for PROCTER & GAMBLE (P&G), and encourage others to do the same.
  • CHILDCARE DISCOUNT: PROCTER & GAMBLE (P&G) offers a valuable discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: PROCTER & GAMBLE (P&G) has a good commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: PROCTER & GAMBLE (P&G) offers an outstanding 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: PROCTER & GAMBLE (P&G) has an impressive 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: PROCTER & GAMBLE (P&G) offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
  • PAID TIME OFF: PROCTER & GAMBLE (P&G) realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why PROCTER & GAMBLE (P&G) has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: PROCTER & GAMBLE (P&G) believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why PROCTER & GAMBLE (P&G) offers its team members up to 50 hours of paid volunteer time off.
  • PARENTAL LEAVE: PROCTER & GAMBLE (P&G) has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
PROCTER & GAMBLE (P&G)'s financial benefits comparison table

Benefit

PROCTER & GAMBLE (P&G)

Industry

Ohio

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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