This report analyzes and compares SCHOOLSFIRST FCU'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
Career benefits
SCHOOLSFIRST FCU 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 SCHOOLSFIRST FCU. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SCHOOLSFIRST FCU continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that SCHOOLSFIRST FCU uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: SCHOOLSFIRST FCU offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows SCHOOLSFIRST FCU to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: SCHOOLSFIRST FCU does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SCHOOLSFIRST FCU offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SCHOOLSFIRST FCU to grow as leaders and learn how to make tough calls.
- ONBOARDING: SCHOOLSFIRST FCU 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, SCHOOLSFIRST FCU implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SCHOOLSFIRST FCU does not offer tuition reimbursement.
Benefit | SCHOOLSFIRST FCU | Industry | California |
|---|---|---|---|
| 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
SCHOOLSFIRST FCU offers top-notch 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 SCHOOLSFIRST FCU's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SCHOOLSFIRST FCU has an outstanding counseling program for its employees and their family members. Team members are encouraged by SCHOOLSFIRST FCU 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 outstanding 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 SCHOOLSFIRST FCU 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. SCHOOLSFIRST FCU partially pays for dentures and braces as well.
- HEALTH INSURANCE: SCHOOLSFIRST FCU offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, SCHOOLSFIRST FCU offers suitable 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: SCHOOLSFIRST FCU offers an outstanding healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, SCHOOLSFIRST FCU has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SCHOOLSFIRST FCU has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. SCHOOLSFIRST FCU covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SCHOOLSFIRST FCU has an excellent 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 | SCHOOLSFIRST FCU | Industry | California |
|---|---|---|---|
| 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
SCHOOLSFIRST FCU 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: SCHOOLSFIRST FCU does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SCHOOLSFIRST FCU does not offer adoption assistance reimbursement.
- BONUS PAY: SCHOOLSFIRST FCU has a great 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: SCHOOLSFIRST FCU cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: SCHOOLSFIRST FCU acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SCHOOLSFIRST FCU offers an extraordinary 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: SCHOOLSFIRST FCU has an impressive 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: SCHOOLSFIRST FCU 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: SCHOOLSFIRST FCU 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: SCHOOLSFIRST FCU believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SCHOOLSFIRST FCU offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SCHOOLSFIRST FCU has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SCHOOLSFIRST FCU | Industry | California |
|---|---|---|---|
| 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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