This report analyzes and compares SKADDEN ARPS' employee health insurance and employee benefits with its industry and in New York State.

COMPARE SKADDEN ARPS' 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

SKADDEN ARPS has superb 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 SKADDEN ARPS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: SKADDEN ARPS continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that SKADDEN ARPS uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: SKADDEN ARPS does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: outstanding development resources are what allows SKADDEN ARPS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: SKADDEN ARPS has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: SKADDEN ARPS believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that SKADDEN ARPS provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: SKADDEN ARPS 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: SKADDEN ARPS has a remarkable 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: SKADDEN ARPS has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SKADDEN ARPS.
SKADDEN ARPS's career benefits comparison table

Benefit

SKADDEN ARPS

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

SKADDEN ARPS 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 SKADDEN ARPS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: SKADDEN ARPS does not offer counseling.
  • DENTAL PLAN: SKADDEN ARPS 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: SKADDEN ARPS offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: SKADDEN ARPS 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. SKADDEN ARPS provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: SKADDEN ARPS has a top-notch 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: SKADDEN ARPS offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: SKADDEN ARPS has an exceptional 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: SKADDEN ARPS offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
SKADDEN ARPS's healthcare benefits comparison table

Benefit

SKADDEN ARPS

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

SKADDEN ARPS offers superb financial benefits for employees and their family members. A superb 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: SKADDEN ARPS has a top-notch 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. SKADDEN ARPS 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 top-notch SKADDEN ARPS has Matching program that matches 75% of employees' contributions. Whatever SKADDEN ARPS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave SKADDEN ARPS. Recognizing that every team member is unique, with specific needs and goals, SKADDEN ARPS keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: SKADDEN ARPS does not offer adoption assistance reimbursement.
  • BONUS PAY: SKADDEN ARPS has a great 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: SKADDEN ARPS offers a good discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: SKADDEN ARPS has a great 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: SKADDEN ARPS 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: SKADDEN ARPS has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
  • LIFE INSURANCE: SKADDEN ARPS 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: SKADDEN ARPS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SKADDEN ARPS has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: SKADDEN ARPS has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SKADDEN ARPS stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: SKADDEN ARPS has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
SKADDEN ARPS's financial benefits comparison table

Benefit

SKADDEN ARPS

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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