This report analyzes and compares SINCLAIR OIL's 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
SINCLAIR OIL has remarkable 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 SINCLAIR OIL. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SINCLAIR OIL offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SINCLAIR OIL makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: SINCLAIR OIL does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SINCLAIR OIL encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, SINCLAIR OIL 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: SINCLAIR OIL has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: SINCLAIR OIL offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by SINCLAIR OIL to grow as leaders and learn how to make tough calls.
- ONBOARDING: SINCLAIR OIL does not offer onboarding.
- RECOGNITION PROGRAMS: SINCLAIR OIL 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 SINCLAIR OIL.
- TUITION REIMBURSEMENT: SINCLAIR OIL realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | SINCLAIR OIL | 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
SINCLAIR OIL 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 SINCLAIR OIL's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SINCLAIR OIL has an outstanding counseling program for its employees and their family members. Team members are encouraged by SINCLAIR OIL to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at SINCLAIR OIL 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. SINCLAIR OIL partially pays for dentures and braces as well.
- HEALTH INSURANCE: SINCLAIR OIL offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SINCLAIR OIL offers its team members superb health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. SINCLAIR OIL provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SINCLAIR OIL 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, SINCLAIR OIL has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: SINCLAIR OIL has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: SINCLAIR OIL provides a remarkable Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | SINCLAIR OIL | 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
SINCLAIR OIL 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: SINCLAIR OIL 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. SINCLAIR OIL 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 SINCLAIR OIL has Matching program that matches 75% of employees' contributions. Whatever SINCLAIR OIL contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SINCLAIR OIL. Recognizing that every team member is unique, with specific needs and goals, SINCLAIR OIL keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: SINCLAIR OIL has a remarkable Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by SINCLAIR OIL.
- BONUS PAY: SINCLAIR OIL has an exceptional 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: SINCLAIR OIL offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: SINCLAIR OIL has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SINCLAIR OIL offers a remarkable 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: SINCLAIR OIL has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SINCLAIR OIL offers an excellent 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 excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: SINCLAIR OIL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SINCLAIR OIL has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SINCLAIR OIL recognizes the importance of giving back to the community so it offers a suitable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by SINCLAIR OIL, on volunteer work of their choice.
- PARENTAL LEAVE: SINCLAIR OIL has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SINCLAIR OIL | 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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