This report analyzes and compares SIERRA NEVADA CORPORATION's employee health insurance and employee benefits with its industry and in Nevada 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
SIERRA NEVADA CORPORATION has remarkable 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 SIERRA NEVADA CORPORATION. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SIERRA NEVADA CORPORATION believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. SIERRA NEVADA CORPORATION has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, SIERRA NEVADA CORPORATION can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: SIERRA NEVADA CORPORATION encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, SIERRA NEVADA CORPORATION 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: SIERRA NEVADA CORPORATION has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: SIERRA NEVADA CORPORATION is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, SIERRA NEVADA CORPORATION ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why SIERRA NEVADA CORPORATION offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: SIERRA NEVADA CORPORATION has a top-notch 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: SIERRA NEVADA CORPORATION does not offer tuition reimbursement.
Benefit | SIERRA NEVADA CORPORATION | Industry | Nevada |
|---|---|---|---|
| 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
SIERRA NEVADA CORPORATION offers superior 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 SIERRA NEVADA CORPORATION's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SIERRA NEVADA CORPORATION does not offer counseling.
- DENTAL PLAN: SIERRA NEVADA CORPORATION offers a good 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: SIERRA NEVADA CORPORATION provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: SIERRA NEVADA CORPORATION does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SIERRA NEVADA CORPORATION offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, SIERRA NEVADA CORPORATION has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: SIERRA NEVADA CORPORATION has implemented a superior telehealth policy for its members to use any time of the day, every single day. SIERRA NEVADA CORPORATION covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SIERRA NEVADA CORPORATION has an extraordinary 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 | SIERRA NEVADA CORPORATION | Industry | Nevada |
|---|---|---|---|
| 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
SIERRA NEVADA CORPORATION offers first-class financial benefits for employees and their family members. A first-class 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: SIERRA NEVADA CORPORATION has a top-notch 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. SIERRA NEVADA CORPORATION provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a top-notch SIERRA NEVADA CORPORATION has Matching program that matches 75% of employees' contributions. Whatever SIERRA NEVADA CORPORATION contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SIERRA NEVADA CORPORATION. Recognizing that every team member is unique, with specific needs and goals, SIERRA NEVADA CORPORATION keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIERRA NEVADA CORPORATION has a great 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: SIERRA NEVADA CORPORATION offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for SIERRA NEVADA CORPORATION, and encourage others to do the same.
- CHILDCARE DISCOUNT: SIERRA NEVADA CORPORATION cooperates with partners and team members are eligible for remarkable discounts for a primary childcare.
- COMMUTER BENEFIT: SIERRA NEVADA CORPORATION 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: SIERRA NEVADA CORPORATION offers a superior 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: SIERRA NEVADA CORPORATION has an outstanding 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: SIERRA NEVADA CORPORATION offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: SIERRA NEVADA CORPORATION 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: SIERRA NEVADA CORPORATION believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SIERRA NEVADA CORPORATION offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SIERRA NEVADA CORPORATION has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIERRA NEVADA CORPORATION | Industry | Nevada |
|---|---|---|---|
| 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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