This report analyzes and compares SIMMONS FIRST NATIONAL CORPORATION's employee health insurance and employee benefits with its industry and in Arkansas 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
SIMMONS FIRST NATIONAL CORPORATION offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SIMMONS FIRST NATIONAL CORPORATION believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: SIMMONS FIRST NATIONAL CORPORATION believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. SIMMONS FIRST NATIONAL CORPORATION has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: SIMMONS FIRST NATIONAL CORPORATION believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: SIMMONS FIRST NATIONAL CORPORATION encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, SIMMONS FIRST NATIONAL CORPORATION 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: SIMMONS FIRST NATIONAL CORPORATION does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SIMMONS FIRST NATIONAL CORPORATION does not offer leadership programs.
- ONBOARDING: SIMMONS FIRST NATIONAL CORPORATION offers a superb Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, SIMMONS FIRST NATIONAL CORPORATION implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: SIMMONS FIRST NATIONAL CORPORATION has a solid 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 | SIMMONS FIRST NATIONAL CORPORATION | Industry | Arkansas |
|---|---|---|---|
| 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
SIMMONS FIRST NATIONAL CORPORATION has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a suitable healthcare spending account at their disposal.
- COUNSELING: SIMMONS FIRST NATIONAL CORPORATION does not offer counseling.
- DENTAL PLAN: SIMMONS FIRST NATIONAL CORPORATION 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: SIMMONS FIRST NATIONAL CORPORATION offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, SIMMONS FIRST NATIONAL CORPORATION 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: SIMMONS FIRST NATIONAL CORPORATION has a remarkable 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: Aware of the challenges that come with pregnancy, SIMMONS FIRST NATIONAL CORPORATION has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SIMMONS FIRST NATIONAL CORPORATION does not offer telehealth.
- VISION PLAN: SIMMONS FIRST NATIONAL CORPORATION offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | SIMMONS FIRST NATIONAL CORPORATION | Industry | Arkansas |
|---|---|---|---|
| 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
SIMMONS FIRST NATIONAL CORPORATION offers top-notch financial benefits for employees and their family members. A top-notch 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: SIMMONS FIRST NATIONAL CORPORATION has a remarkable 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. SIMMONS FIRST NATIONAL 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 remarkable SIMMONS FIRST NATIONAL CORPORATION has Matching program that matches 75% of employees' contributions. Whatever SIMMONS FIRST NATIONAL CORPORATION contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SIMMONS FIRST NATIONAL CORPORATION. Recognizing that every team member is unique, with specific needs and goals, SIMMONS FIRST NATIONAL CORPORATION keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIMMONS FIRST NATIONAL CORPORATION has an exceptional 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: SIMMONS FIRST NATIONAL CORPORATION offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for SIMMONS FIRST NATIONAL CORPORATION, and encourage others to do the same.
- CHILDCARE DISCOUNT: SIMMONS FIRST NATIONAL CORPORATION has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: SIMMONS FIRST NATIONAL CORPORATION offers excellent 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: SIMMONS FIRST NATIONAL CORPORATION offers an impressive 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: SIMMONS FIRST NATIONAL CORPORATION offers a remarkable 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: SIMMONS FIRST NATIONAL CORPORATION offers a suitable life insurance policy to its team members for an affordable price. SIMMONS FIRST NATIONAL CORPORATION 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: SIMMONS FIRST NATIONAL CORPORATION wants for its team members to lead a happy and fulfilled life so it has a good 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: SIMMONS FIRST NATIONAL CORPORATION believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SIMMONS FIRST NATIONAL CORPORATION offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SIMMONS FIRST NATIONAL CORPORATION has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIMMONS FIRST NATIONAL CORPORATION | Industry | Arkansas |
|---|---|---|---|
| 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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