This report analyzes and compares SILGAN HOLDINGS' employee health insurance and employee benefits with its industry and in Connecticut State.

COMPARE SILGAN HOLDINGS' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

SILGAN HOLDINGS offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SILGAN HOLDINGS believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.

  • CAREER PLANNING: SILGAN HOLDINGS offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SILGAN HOLDINGS makes sure that every single team member takes the full advantage of remarkable career planning programs.
  • COACHING AND MENTORING: SILGAN HOLDINGS does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: extraordinary development resources are what allows SILGAN HOLDINGS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: SILGAN HOLDINGS does not offer ged reimbursement.
  • LEADERSHIP PROGRAMS: SILGAN HOLDINGS does not offer leadership programs.
  • ONBOARDING: SILGAN HOLDINGS does not offer onboarding.
  • RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, SILGAN HOLDINGS implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
  • TUITION REIMBURSEMENT: SILGAN HOLDINGS realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
SILGAN HOLDINGS's career benefits comparison table

Benefit

SILGAN HOLDINGS

Industry

Connecticut

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

SILGAN HOLDINGS 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 SILGAN HOLDINGS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: SILGAN HOLDINGS wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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: SILGAN HOLDINGS offers a valuable 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: SILGAN HOLDINGS provides an extraordinary 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, SILGAN HOLDINGS offers valuable 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: To financially help its team members with medical emergencies, SILGAN HOLDINGS offers a solid 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, SILGAN HOLDINGS has created a first-class maternity support program to support its expecting team members.
  • TELEHEALTH: SILGAN HOLDINGS has implemented a superior telehealth policy for its members to use any time of the day, every single day. SILGAN HOLDINGS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
  • VISION PLAN: SILGAN HOLDINGS 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.
SILGAN HOLDINGS's healthcare benefits comparison table

Benefit

SILGAN HOLDINGS

Industry

Connecticut

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

SILGAN HOLDINGS 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: SILGAN HOLDINGS does not offer 401(k) plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: SILGAN HOLDINGS has an excellent 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: SILGAN HOLDINGS offers superb bonuses to team members who excel in their field of work, provide extraordinary results for SILGAN HOLDINGS, and encourage others to do the same.
  • CHILDCARE DISCOUNT: SILGAN HOLDINGS offers a good discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: SILGAN HOLDINGS offers exceptional 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: SILGAN HOLDINGS 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: SILGAN HOLDINGS has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
  • LIFE INSURANCE: SILGAN HOLDINGS offers a solid life insurance policy to its team members for an affordable price. SILGAN HOLDINGS 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: SILGAN HOLDINGS has an impressive 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: SILGAN HOLDINGS recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SILGAN HOLDINGS, on volunteer work of their choice.
  • PARENTAL LEAVE: SILGAN HOLDINGS has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
SILGAN HOLDINGS's financial benefits comparison table

Benefit

SILGAN HOLDINGS

Industry

Connecticut

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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