This report analyzes and compares SIMON PROPERTY GROUP's employee health insurance and employee benefits with its industry and in Indiana 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
SIMON PROPERTY GROUP 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 SIMON PROPERTY GROUP. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SIMON PROPERTY GROUP believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. SIMON PROPERTY GROUP has great resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a great coaching and mentoring program, SIMON PROPERTY GROUP can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: SIMON PROPERTY GROUP offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: SIMON PROPERTY GROUP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SIMON PROPERTY GROUP believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that SIMON PROPERTY GROUP provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: SIMON PROPERTY GROUP offers a top-notch 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: SIMON PROPERTY GROUP has a superior 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: SIMON PROPERTY GROUP has a suitable 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 | SIMON PROPERTY GROUP | Industry | Indiana |
|---|---|---|---|
| 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
SIMON PROPERTY GROUP 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 SIMON PROPERTY GROUP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SIMON PROPERTY GROUP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: SIMON PROPERTY GROUP offers a suitable 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: SIMON PROPERTY GROUP 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: SIMON PROPERTY GROUP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: SIMON PROPERTY GROUP 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: Aware of the challenges that come with pregnancy, SIMON PROPERTY GROUP has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SIMON PROPERTY GROUP has implemented a first-class telehealth policy for its members to use any time of the day, every single day. SIMON PROPERTY GROUP covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SIMON PROPERTY GROUP offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | SIMON PROPERTY GROUP | Industry | Indiana |
|---|---|---|---|
| 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
SIMON PROPERTY GROUP offers superior financial benefits for employees and their family members. A superior 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: SIMON PROPERTY GROUP has a superb 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. SIMON PROPERTY GROUP 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 superb SIMON PROPERTY GROUP has Matching program that matches 75% of employees' contributions. Whatever SIMON PROPERTY GROUP contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SIMON PROPERTY GROUP. Recognizing that every team member is unique, with specific needs and goals, SIMON PROPERTY GROUP keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SIMON PROPERTY GROUP does not offer adoption assistance reimbursement.
- BONUS PAY: SIMON PROPERTY GROUP has an extraordinary 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: SIMON PROPERTY GROUP cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: SIMON PROPERTY GROUP 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: SIMON PROPERTY GROUP 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: SIMON PROPERTY GROUP has an impressive 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: SIMON PROPERTY GROUP offers a solid life insurance policy to its team members for an affordable price. SIMON PROPERTY GROUP 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: SIMON PROPERTY GROUP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SIMON PROPERTY GROUP has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SIMON PROPERTY GROUP has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SIMON PROPERTY GROUP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: SIMON PROPERTY GROUP has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SIMON PROPERTY GROUP | Industry | Indiana |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared SIMON PROPERTY GROUP's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.