This report analyzes and compares QINETIQ's employee health insurance and employee benefits with its industry and in Virginia State.

COMPARE QINETIQ'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

QINETIQ has top-notch 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 QINETIQ. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: QINETIQ continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that QINETIQ uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: QINETIQ offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
  • DEVELOPMENT RESOURCES: QINETIQ offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: QINETIQ has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: QINETIQ believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that QINETIQ provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: QINETIQ does not offer onboarding.
  • RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, QINETIQ implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: QINETIQ 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 QINETIQ.
QINETIQ's career benefits comparison table

Benefit

QINETIQ

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

QINETIQ offers superior 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 QINETIQ's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: QINETIQ is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why QINETIQ 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 QINETIQ have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. QINETIQ partially pays for dentures and braces as well.
  • HEALTH INSURANCE: QINETIQ offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, QINETIQ offers suitable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
  • HEALTHCARE SPENDING ACCOUNTS: QINETIQ offers an exceptional 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: Aware of the challenges that come with pregnancy, QINETIQ has created a superb maternity support program to support its expecting team members.
  • TELEHEALTH: QINETIQ has a good 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. QINETIQ can recommend a certain doctor or institution and covers up to 50% of the costs.
  • VISION PLAN: QINETIQ 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.
QINETIQ's healthcare benefits comparison table

Benefit

QINETIQ

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

QINETIQ 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: QINETIQ knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and QINETIQ will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, QINETIQ provides resources which will help team members decide what to do with their 401(k) plan. QINETIQ offers a valuable vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: QINETIQ 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: QINETIQ has an impressive 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: QINETIQ offers a solid discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: QINETIQ acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: QINETIQ 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: QINETIQ 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: QINETIQ offers a solid life insurance policy to its team members for an affordable price. QINETIQ 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: QINETIQ 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: QINETIQ 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, QINETIQ stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: QINETIQ has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
QINETIQ's financial benefits comparison table

Benefit

QINETIQ

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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