This report analyzes and compares RENESAS ELECTRONICS (JAPAN)'s employee health insurance and employee benefits with its industry and in California 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
RENESAS ELECTRONICS (JAPAN) offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. RENESAS ELECTRONICS (JAPAN) believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: RENESAS ELECTRONICS (JAPAN) believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. RENESAS ELECTRONICS (JAPAN) has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a good coaching and mentoring program, RENESAS ELECTRONICS (JAPAN) can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: RENESAS ELECTRONICS (JAPAN) encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, RENESAS ELECTRONICS (JAPAN) 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: RENESAS ELECTRONICS (JAPAN) does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: RENESAS ELECTRONICS (JAPAN) does not offer leadership programs.
- ONBOARDING: RENESAS ELECTRONICS (JAPAN) does not offer onboarding.
- RECOGNITION PROGRAMS: RENESAS ELECTRONICS (JAPAN) 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 RENESAS ELECTRONICS (JAPAN).
- TUITION REIMBURSEMENT: RENESAS ELECTRONICS (JAPAN) has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at RENESAS ELECTRONICS (JAPAN).
RENESAS ELECTRONICS (JAPAN)
|Career planning Benefits|
|Coaching and mentoring Benefits|
|Development resources Benefits|
|GED reimbursement Benefits|
|Leadership programs Benefits|
|Recognition programs Benefits|
|Tuition reimbursement Benefits|
RENESAS ELECTRONICS (JAPAN) 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 RENESAS ELECTRONICS (JAPAN)'s remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: RENESAS ELECTRONICS (JAPAN) wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: Team members at RENESAS ELECTRONICS (JAPAN) have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. RENESAS ELECTRONICS (JAPAN) partially pays for dentures and braces as well.
- HEALTH INSURANCE: RENESAS ELECTRONICS (JAPAN) offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: RENESAS ELECTRONICS (JAPAN) is aware of the fact that a healthy employee is a productive employee so it offers excellent health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: RENESAS ELECTRONICS (JAPAN) has a first-class 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: Aware of the challenges that come with pregnancy, RENESAS ELECTRONICS (JAPAN) has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: RENESAS ELECTRONICS (JAPAN) does not offer telehealth.
- VISION PLAN: RENESAS ELECTRONICS (JAPAN) provides a superb Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
RENESAS ELECTRONICS (JAPAN)
|Dental Plan Benefits|
|Health Insurance Benefits|
|Health Plan Incentives Benefits|
|Healthcare Spending Accounts Benefits|
|Maternity support program Benefits|
|Vision Plan Benefits|
RENESAS ELECTRONICS (JAPAN) 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: RENESAS ELECTRONICS (JAPAN) knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 RENESAS ELECTRONICS (JAPAN) 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, RENESAS ELECTRONICS (JAPAN) provides resources which will help team members decide what to do with their 401(k) plan. RENESAS ELECTRONICS (JAPAN) offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: RENESAS ELECTRONICS (JAPAN) has a top-notch 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 RENESAS ELECTRONICS (JAPAN).
- BONUS PAY: RENESAS ELECTRONICS (JAPAN) offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for RENESAS ELECTRONICS (JAPAN), and encourage others to do the same.
- CHILDCARE DISCOUNT: RENESAS ELECTRONICS (JAPAN) cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: RENESAS ELECTRONICS (JAPAN) has a great 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: RENESAS ELECTRONICS (JAPAN) 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: RENESAS ELECTRONICS (JAPAN) has an outstanding 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: RENESAS ELECTRONICS (JAPAN) has a first-class life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: RENESAS ELECTRONICS (JAPAN) has an outstanding 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: RENESAS ELECTRONICS (JAPAN) 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, RENESAS ELECTRONICS (JAPAN) stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: RENESAS ELECTRONICS (JAPAN) has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
RENESAS ELECTRONICS (JAPAN)
|401(k) plan Benefits|
|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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