This report analyzes and compares RUBY TUESDAY's employee health insurance and employee benefits with its industry and in Tennessee 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
RUBY TUESDAY offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. RUBY TUESDAY believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: RUBY TUESDAY believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. RUBY TUESDAY has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: RUBY TUESDAY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: RUBY TUESDAY 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: RUBY TUESDAY has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: RUBY TUESDAY does not offer leadership programs.
- ONBOARDING: RUBY TUESDAY does not offer onboarding.
- RECOGNITION PROGRAMS: RUBY TUESDAY 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 RUBY TUESDAY.
- TUITION REIMBURSEMENT: RUBY TUESDAY does not offer tuition reimbursement.
Benefit | RUBY TUESDAY | Industry | Tennessee |
|---|---|---|---|
| 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
RUBY TUESDAY 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 RUBY TUESDAY's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: RUBY TUESDAY does not offer counseling.
- DENTAL PLAN: RUBY TUESDAY cares about its team members' dental health so it offers an extraordinary dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: RUBY TUESDAY provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, RUBY TUESDAY offers good 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: RUBY TUESDAY has a superior 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, RUBY TUESDAY has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: RUBY TUESDAY does not offer telehealth.
- VISION PLAN: RUBY TUESDAY offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | RUBY TUESDAY | Industry | Tennessee |
|---|---|---|---|
| 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
RUBY TUESDAY offers superior financial benefits for employees and their family members. A superior 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: RUBY TUESDAY knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 RUBY TUESDAY 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, RUBY TUESDAY provides resources which will help team members decide what to do with their 401(k) plan. RUBY TUESDAY offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: RUBY TUESDAY 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 RUBY TUESDAY.
- BONUS PAY: RUBY TUESDAY has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: RUBY TUESDAY offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: RUBY TUESDAY offers exceptional commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: RUBY TUESDAY has a good 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: RUBY TUESDAY offers a top-notch 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: RUBY TUESDAY offers a suitable life insurance policy to its team members for an affordable price. RUBY TUESDAY 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: RUBY TUESDAY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why RUBY TUESDAY has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: RUBY TUESDAY believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why RUBY TUESDAY offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: RUBY TUESDAY has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | RUBY TUESDAY | Industry | Tennessee |
|---|---|---|---|
| 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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