This report analyzes and compares SIEMENS PLM SOFTWARE's employee health insurance and employee benefits with its industry and in Texas 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
SIEMENS PLM SOFTWARE has top-notch 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 SIEMENS PLM SOFTWARE. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SIEMENS PLM SOFTWARE continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that SIEMENS PLM SOFTWARE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: SIEMENS PLM SOFTWARE believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SIEMENS PLM SOFTWARE encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, SIEMENS PLM SOFTWARE supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SIEMENS PLM SOFTWARE has an excellent GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: SIEMENS PLM SOFTWARE offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SIEMENS PLM SOFTWARE to grow as leaders and learn how to make tough calls.
- ONBOARDING: SIEMENS PLM SOFTWARE does not offer onboarding.
- RECOGNITION PROGRAMS: SIEMENS PLM SOFTWARE 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 SIEMENS PLM SOFTWARE.
- TUITION REIMBURSEMENT: SIEMENS PLM SOFTWARE 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 SIEMENS PLM SOFTWARE.
Benefit | SIEMENS PLM SOFTWARE | Industry | Texas |
|---|---|---|---|
| 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
SIEMENS PLM SOFTWARE 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 SIEMENS PLM SOFTWARE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SIEMENS PLM SOFTWARE does not offer counseling.
- DENTAL PLAN: SIEMENS PLM SOFTWARE cares about its team members' dental health so it offers an exceptional 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: SIEMENS PLM SOFTWARE offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SIEMENS PLM SOFTWARE 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. SIEMENS PLM SOFTWARE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: SIEMENS PLM SOFTWARE 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: SIEMENS PLM SOFTWARE offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SIEMENS PLM SOFTWARE does not offer telehealth.
- VISION PLAN: SIEMENS PLM SOFTWARE has an outstanding 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 | SIEMENS PLM SOFTWARE | Industry | Texas |
|---|---|---|---|
| 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
SIEMENS PLM SOFTWARE 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: SIEMENS PLM SOFTWARE does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIEMENS PLM SOFTWARE has a suitable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: SIEMENS PLM SOFTWARE has an outstanding 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: SIEMENS PLM SOFTWARE cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: SIEMENS PLM SOFTWARE 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: SIEMENS PLM SOFTWARE 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: SIEMENS PLM SOFTWARE offers a superior 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: SIEMENS PLM SOFTWARE has a superb 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: SIEMENS PLM SOFTWARE has an excellent 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: SIEMENS PLM SOFTWARE believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SIEMENS PLM SOFTWARE offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SIEMENS PLM SOFTWARE has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIEMENS PLM SOFTWARE | Industry | Texas |
|---|---|---|---|
| 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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