This report analyzes and compares RAYCOM MEDIA's employee health insurance and employee benefits with its industry and in Alabama 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
RAYCOM MEDIA has superior 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 RAYCOM MEDIA. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: RAYCOM MEDIA offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, RAYCOM MEDIA makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: By using a great coaching and mentoring program, RAYCOM MEDIA can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: RAYCOM MEDIA offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: RAYCOM MEDIA has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: RAYCOM MEDIA offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by RAYCOM MEDIA to grow as leaders and learn how to make tough calls.
- 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 RAYCOM MEDIA offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: RAYCOM MEDIA knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to RAYCOM MEDIA.
- TUITION REIMBURSEMENT: RAYCOM MEDIA has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at RAYCOM MEDIA.
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
RAYCOM MEDIA offers remarkable 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 RAYCOM MEDIA's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: RAYCOM MEDIA is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why RAYCOM MEDIA implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at RAYCOM MEDIA have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. RAYCOM MEDIA partially pays for dentures and braces as well.
- HEALTH INSURANCE: RAYCOM MEDIA provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: RAYCOM MEDIA offers its team members first-class 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. RAYCOM MEDIA provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, RAYCOM MEDIA offers a good 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: Aware of the challenges that come with pregnancy, RAYCOM MEDIA has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: RAYCOM MEDIA has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. RAYCOM MEDIA covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: RAYCOM MEDIA has an extraordinary 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.
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
RAYCOM MEDIA offers top-notch financial benefits for employees and their family members. A top-notch 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: RAYCOM MEDIA 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 RAYCOM MEDIA 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, RAYCOM MEDIA provides resources which will help team members decide what to do with their 401(k) plan. RAYCOM MEDIA offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: RAYCOM MEDIA 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 RAYCOM MEDIA.
- BONUS PAY: RAYCOM MEDIA offers superior bonuses to team members who excel in their field of work, provide extraordinary results for RAYCOM MEDIA, and encourage others to do the same.
- CHILDCARE DISCOUNT: RAYCOM MEDIA cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: RAYCOM MEDIA has a valuable 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: RAYCOM MEDIA offers a superior 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: RAYCOM MEDIA offers a remarkable 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: RAYCOM MEDIA offers a valuable life insurance policy to its team members for an affordable price. RAYCOM MEDIA 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: RAYCOM MEDIA has an exceptional 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: RAYCOM MEDIA recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by RAYCOM MEDIA, on volunteer work of their choice.
- PARENTAL LEAVE: RAYCOM MEDIA has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
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|Adoption assistance reimbursement Benefits|
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|Childcare discount Benefits|
|Commuter benefit Benefits|
|Daycare flexible spending account Benefits|
|Life insurance Benefits|
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|Parental leave Benefits|
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