This report analyzes and compares SANDRIDGE ENERGY's employee health insurance and employee benefits with its industry and in Oklahoma 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
SANDRIDGE ENERGY offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SANDRIDGE ENERGY 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: SANDRIDGE ENERGY offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SANDRIDGE ENERGY makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: SANDRIDGE ENERGY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SANDRIDGE ENERGY encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, SANDRIDGE ENERGY supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SANDRIDGE ENERGY does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SANDRIDGE ENERGY offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SANDRIDGE ENERGY to grow as leaders and learn how to make tough calls.
- ONBOARDING: SANDRIDGE ENERGY offers a superior Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, SANDRIDGE ENERGY implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SANDRIDGE ENERGY realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | SANDRIDGE ENERGY | Industry | Oklahoma |
|---|---|---|---|
| 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
SANDRIDGE ENERGY 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 SANDRIDGE ENERGY's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SANDRIDGE ENERGY does not offer counseling.
- DENTAL PLAN: Team members at SANDRIDGE ENERGY 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. SANDRIDGE ENERGY partially pays for dentures and braces as well.
- HEALTH INSURANCE: SANDRIDGE ENERGY offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SANDRIDGE ENERGY offers its team members top-notch 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. SANDRIDGE ENERGY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SANDRIDGE ENERGY 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, SANDRIDGE ENERGY has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: SANDRIDGE ENERGY has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. SANDRIDGE ENERGY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SANDRIDGE ENERGY provides a superior 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.
Benefit | SANDRIDGE ENERGY | Industry | Oklahoma |
|---|---|---|---|
| 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
SANDRIDGE ENERGY 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: SANDRIDGE ENERGY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SANDRIDGE ENERGY has a superior 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 SANDRIDGE ENERGY.
- BONUS PAY: SANDRIDGE ENERGY offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for SANDRIDGE ENERGY, and encourage others to do the same.
- CHILDCARE DISCOUNT: SANDRIDGE ENERGY offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SANDRIDGE ENERGY has a good 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: SANDRIDGE ENERGY offers an exceptional 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: SANDRIDGE ENERGY offers a superb 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: SANDRIDGE ENERGY offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: SANDRIDGE ENERGY wants for its team members to lead a happy and fulfilled life so it has a solid vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: SANDRIDGE ENERGY has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SANDRIDGE ENERGY stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SANDRIDGE ENERGY has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SANDRIDGE ENERGY | Industry | Oklahoma |
|---|---|---|---|
| 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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