This report analyzes and compares QUANTA SERVICES' employee health insurance and employee benefits with its industry and in Texas 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
QUANTA SERVICES 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 QUANTA SERVICES. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: QUANTA SERVICES continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that QUANTA SERVICES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: QUANTA SERVICES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: QUANTA SERVICES encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, QUANTA SERVICES supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: QUANTA SERVICES has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: QUANTA SERVICES is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, QUANTA SERVICES ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: QUANTA SERVICES does not offer onboarding.
- RECOGNITION PROGRAMS: QUANTA SERVICES knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to QUANTA SERVICES.
- TUITION REIMBURSEMENT: QUANTA SERVICES realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | QUANTA SERVICES | Industry | Texas |
|---|---|---|---|
| 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
QUANTA SERVICES 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 QUANTA SERVICES's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: QUANTA SERVICES has an excellent counseling program for its employees and their family members. Team members are encouraged by QUANTA SERVICES 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 excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at QUANTA SERVICES 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. QUANTA SERVICES partially pays for dentures and braces as well.
- HEALTH INSURANCE: QUANTA SERVICES offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: QUANTA SERVICES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: QUANTA SERVICES has a top-notch 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: QUANTA SERVICES offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: QUANTA SERVICES has an exceptional 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: QUANTA SERVICES 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 | QUANTA SERVICES | Industry | Texas |
|---|---|---|---|
| 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
QUANTA SERVICES 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: QUANTA SERVICES 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. QUANTA SERVICES 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 QUANTA SERVICES has Matching program that matches 75% of employees' contributions. Whatever QUANTA SERVICES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave QUANTA SERVICES. Recognizing that every team member is unique, with specific needs and goals, QUANTA SERVICES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: QUANTA SERVICES has a remarkable 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 QUANTA SERVICES.
- BONUS PAY: QUANTA SERVICES offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for QUANTA SERVICES, and encourage others to do the same.
- CHILDCARE DISCOUNT: QUANTA SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: QUANTA SERVICES acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: QUANTA SERVICES 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: QUANTA SERVICES offers a superior 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: QUANTA SERVICES offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: QUANTA SERVICES has an excellent 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: QUANTA SERVICES has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, QUANTA SERVICES stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: QUANTA SERVICES has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | QUANTA SERVICES | Industry | Texas |
|---|---|---|---|
| 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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