This report analyzes and compares SIMS METAL MANAGEMENT's employee health insurance and employee benefits with its industry and in New York State.

COMPARE SIMS METAL MANAGEMENT'S 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

SIMS METAL MANAGEMENT has superior 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 SIMS METAL MANAGEMENT. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: SIMS METAL MANAGEMENT offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SIMS METAL MANAGEMENT makes sure that every single team member takes the full advantage of first-class career planning programs.
  • COACHING AND MENTORING: SIMS METAL MANAGEMENT does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: SIMS METAL MANAGEMENT offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: SIMS METAL MANAGEMENT does not offer ged reimbursement.
  • LEADERSHIP PROGRAMS: SIMS METAL MANAGEMENT believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that SIMS METAL MANAGEMENT provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: SIMS METAL MANAGEMENT does not offer onboarding.
  • RECOGNITION PROGRAMS: SIMS METAL MANAGEMENT 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 SIMS METAL MANAGEMENT.
  • TUITION REIMBURSEMENT: SIMS METAL MANAGEMENT has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SIMS METAL MANAGEMENT.
SIMS METAL MANAGEMENT's career benefits comparison table

Benefit

SIMS METAL MANAGEMENT

Industry

New York

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

SIMS METAL MANAGEMENT offers remarkable 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 SIMS METAL MANAGEMENT's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: SIMS METAL MANAGEMENT is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SIMS METAL MANAGEMENT implemented a valuable counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This valuable counseling program includes nutritional and fitness information as well.
  • DENTAL PLAN: Team members at SIMS METAL MANAGEMENT have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. SIMS METAL MANAGEMENT partially pays for dentures and braces as well.
  • HEALTH INSURANCE: SIMS METAL MANAGEMENT offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: SIMS METAL MANAGEMENT is aware of the fact that a healthy employee is a productive employee so it offers impressive health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
  • HEALTHCARE SPENDING ACCOUNTS: SIMS METAL MANAGEMENT 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: SIMS METAL MANAGEMENT offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: SIMS METAL MANAGEMENT has a suitable telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. SIMS METAL MANAGEMENT can recommend a certain doctor or institution and covers up to 50% of the costs.
  • VISION PLAN: SIMS METAL MANAGEMENT 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.
SIMS METAL MANAGEMENT's healthcare benefits comparison table

Benefit

SIMS METAL MANAGEMENT

Industry

New York

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

SIMS METAL MANAGEMENT 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: SIMS METAL MANAGEMENT has an extraordinary 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, SIMS METAL MANAGEMENT offers an extraordinary 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, SIMS METAL MANAGEMENT offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: SIMS METAL MANAGEMENT has a good 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: SIMS METAL MANAGEMENT has an excellent 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: SIMS METAL MANAGEMENT does not offer childcare discount.
  • COMMUTER BENEFIT: SIMS METAL MANAGEMENT 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: SIMS METAL MANAGEMENT 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: SIMS METAL MANAGEMENT has an extraordinary 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: SIMS METAL MANAGEMENT offers an impressive 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 impressive life insurance package contains dependent policies as well.
  • PAID TIME OFF: SIMS METAL MANAGEMENT realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SIMS METAL MANAGEMENT has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: SIMS METAL MANAGEMENT does not offer paid volunteer time off.
  • PARENTAL LEAVE: SIMS METAL MANAGEMENT has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
SIMS METAL MANAGEMENT's financial benefits comparison table

Benefit

SIMS METAL MANAGEMENT

Industry

New York

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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