This report analyzes and compares SILVER CREEK SYSTEMS' 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
SILVER CREEK SYSTEMS has first-class 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 SILVER CREEK SYSTEMS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SILVER CREEK SYSTEMS offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SILVER CREEK SYSTEMS makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: SILVER CREEK SYSTEMS believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SILVER CREEK SYSTEMS encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, SILVER CREEK SYSTEMS supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SILVER CREEK SYSTEMS has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: SILVER CREEK SYSTEMS is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, SILVER CREEK SYSTEMS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: SILVER CREEK SYSTEMS does not offer onboarding.
- RECOGNITION PROGRAMS: SILVER CREEK SYSTEMS knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to SILVER CREEK SYSTEMS.
- TUITION REIMBURSEMENT: SILVER CREEK SYSTEMS has a valuable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | SILVER CREEK SYSTEMS | 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
SILVER CREEK SYSTEMS offers superb 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 SILVER CREEK SYSTEMS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SILVER CREEK SYSTEMS does not offer counseling.
- DENTAL PLAN: Team members at SILVER CREEK SYSTEMS have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SILVER CREEK SYSTEMS partially pays for dentures and braces as well.
- HEALTH INSURANCE: SILVER CREEK SYSTEMS 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: In an effort to improve the wellbeing and quality of life of its team members, SILVER CREEK SYSTEMS offers suitable 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, SILVER CREEK SYSTEMS offers a great 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: SILVER CREEK SYSTEMS offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SILVER CREEK SYSTEMS has implemented a superb telehealth policy for its members to use any time of the day, every single day. SILVER CREEK SYSTEMS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SILVER CREEK SYSTEMS offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | SILVER CREEK SYSTEMS | 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
SILVER CREEK SYSTEMS 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: SILVER CREEK SYSTEMS has an outstanding 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, SILVER CREEK SYSTEMS offers an outstanding 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, SILVER CREEK SYSTEMS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SILVER CREEK SYSTEMS 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: SILVER CREEK SYSTEMS has a solid 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: SILVER CREEK SYSTEMS offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SILVER CREEK SYSTEMS offers outstanding 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: SILVER CREEK SYSTEMS has a solid daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: SILVER CREEK SYSTEMS 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: SILVER CREEK SYSTEMS has a top-notch 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: SILVER CREEK SYSTEMS wants for its team members to lead a happy and fulfilled life so it has a solid 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: SILVER CREEK SYSTEMS believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SILVER CREEK SYSTEMS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SILVER CREEK SYSTEMS has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SILVER CREEK SYSTEMS | 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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