This report analyzes and compares SECONDSPIN's employee health insurance and employee benefits with its industry and in Colorado 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
SECONDSPIN offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SECONDSPIN 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: SECONDSPIN continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that SECONDSPIN uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: SECONDSPIN does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SECONDSPIN encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, SECONDSPIN supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SECONDSPIN does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SECONDSPIN is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, SECONDSPIN ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: SECONDSPIN does not offer onboarding.
- RECOGNITION PROGRAMS: SECONDSPIN knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to SECONDSPIN.
- TUITION REIMBURSEMENT: SECONDSPIN 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 SECONDSPIN.
Benefit | SECONDSPIN | Industry | Colorado |
|---|---|---|---|
| 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
SECONDSPIN offers first-class 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 SECONDSPIN's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SECONDSPIN wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: SECONDSPIN offers a solid dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: SECONDSPIN offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SECONDSPIN is aware of the fact that a healthy employee is a productive employee so it offers extraordinary 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: SECONDSPIN has a superb 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: SECONDSPIN has a solid maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: SECONDSPIN has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: SECONDSPIN 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.
Benefit | SECONDSPIN | Industry | Colorado |
|---|---|---|---|
| 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
SECONDSPIN offers remarkable financial benefits for employees and their family members. A remarkable 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: SECONDSPIN does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SECONDSPIN has an impressive Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: SECONDSPIN 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: SECONDSPIN offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SECONDSPIN offers extraordinary 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: SECONDSPIN 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: SECONDSPIN has a solid disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SECONDSPIN offers a valuable life insurance policy to its team members for an affordable price. SECONDSPIN 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: SECONDSPIN wants for its team members to lead a happy and fulfilled life so it has a valuable 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: SECONDSPIN has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SECONDSPIN stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SECONDSPIN has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SECONDSPIN | Industry | Colorado |
|---|---|---|---|
| 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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