This report analyzes and compares SENIOR LIFESTYLE's employee health insurance and employee benefits with its industry and in Illinois 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
SENIOR LIFESTYLE 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 SENIOR LIFESTYLE. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SENIOR LIFESTYLE offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SENIOR LIFESTYLE makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: SENIOR LIFESTYLE offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: SENIOR LIFESTYLE encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, SENIOR LIFESTYLE 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: SENIOR LIFESTYLE does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SENIOR LIFESTYLE believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that SENIOR LIFESTYLE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: SENIOR LIFESTYLE is aware of the difficulties that new employees might experience when they join the team. That's why SENIOR LIFESTYLE has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: SENIOR LIFESTYLE has a superb Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: SENIOR LIFESTYLE has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SENIOR LIFESTYLE.
Benefit | SENIOR LIFESTYLE | Industry | Illinois |
|---|---|---|---|
| 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
SENIOR LIFESTYLE 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 SENIOR LIFESTYLE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SENIOR LIFESTYLE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SENIOR LIFESTYLE implemented a solid counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at SENIOR LIFESTYLE have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SENIOR LIFESTYLE partially pays for dentures and braces as well.
- HEALTH INSURANCE: SENIOR LIFESTYLE provides an impressive 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, SENIOR LIFESTYLE 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: SENIOR LIFESTYLE has a top-notch 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: SENIOR LIFESTYLE offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SENIOR LIFESTYLE has a great telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. SENIOR LIFESTYLE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: SENIOR LIFESTYLE provides a top-notch 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 | SENIOR LIFESTYLE | Industry | Illinois |
|---|---|---|---|
| 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
SENIOR LIFESTYLE offers superb financial benefits for employees and their family members. A superb 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: SENIOR LIFESTYLE has an excellent 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, SENIOR LIFESTYLE offers an excellent program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, SENIOR LIFESTYLE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SENIOR LIFESTYLE 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 SENIOR LIFESTYLE.
- BONUS PAY: SENIOR LIFESTYLE has an exceptional bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: SENIOR LIFESTYLE has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: SENIOR LIFESTYLE has a valuable 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: SENIOR LIFESTYLE offers a first-class 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: SENIOR LIFESTYLE 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: SENIOR LIFESTYLE 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: SENIOR LIFESTYLE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SENIOR LIFESTYLE has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SENIOR LIFESTYLE recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SENIOR LIFESTYLE, on volunteer work of their choice.
- PARENTAL LEAVE: SENIOR LIFESTYLE has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SENIOR LIFESTYLE | Industry | Illinois |
|---|---|---|---|
| 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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