This report analyzes and compares PUGET SOUND ENERGY's employee health insurance and employee benefits with its industry and in Washington 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
PUGET SOUND ENERGY 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 PUGET SOUND ENERGY. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PUGET SOUND ENERGY offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, PUGET SOUND ENERGY makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: PUGET SOUND ENERGY offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: PUGET SOUND ENERGY encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, PUGET SOUND ENERGY 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: PUGET SOUND ENERGY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: PUGET SOUND ENERGY does not offer leadership programs.
- ONBOARDING: PUGET SOUND ENERGY offers a first-class Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: PUGET SOUND ENERGY knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to PUGET SOUND ENERGY.
- TUITION REIMBURSEMENT: PUGET SOUND ENERGY 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.
PUGET SOUND ENERGY
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
PUGET SOUND ENERGY provides exceptional health benefits to enable team members and their families to have the best healthcare available, including telehealth services and consultations with various health professionals. Whether it's a fully covered dental plan or an exceptional maternity support program, employees can rest assure that their health needs are fully met.
- COUNSELING: PUGET SOUND ENERGY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why PUGET SOUND ENERGY implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at PUGET SOUND ENERGY have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PUGET SOUND ENERGY partially pays for dentures and braces as well.
- HEALTH INSURANCE: PUGET SOUND ENERGY 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: PUGET SOUND ENERGY offers its team members top-notch 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. PUGET SOUND ENERGY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: PUGET SOUND ENERGY offers an excellent 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: PUGET SOUND ENERGY offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: PUGET SOUND ENERGY 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: PUGET SOUND ENERGY has an exceptional 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.
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|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
PUGET SOUND ENERGY 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: PUGET SOUND ENERGY 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, PUGET SOUND ENERGY 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, PUGET SOUND ENERGY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PUGET SOUND ENERGY has an excellent Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: PUGET SOUND ENERGY has an exceptional bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: PUGET SOUND ENERGY cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: PUGET SOUND ENERGY 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: PUGET SOUND ENERGY 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: PUGET SOUND ENERGY has an excellent 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: PUGET SOUND ENERGY offers a great life insurance policy to its team members for an affordable price. PUGET SOUND ENERGY 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: PUGET SOUND ENERGY has an extraordinary 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: PUGET SOUND ENERGY does not offer paid volunteer time off.
- PARENTAL LEAVE: PUGET SOUND ENERGY has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
PUGET SOUND ENERGY
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|Adoption assistance reimbursement Benefits|
|Bonus pay Benefits|
|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
|Paid time off Benefits|
|Paid volunteer time off Benefits|
|Parental leave Benefits|
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