This report analyzes and compares SNIPIT's employee health insurance and employee benefits with its industry and in California 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
SNIPIT 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 SNIPIT. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: SNIPIT offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, SNIPIT makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: SNIPIT does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows SNIPIT to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: SNIPIT has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: SNIPIT is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, SNIPIT ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: SNIPIT does not offer onboarding.
- RECOGNITION PROGRAMS: SNIPIT knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to SNIPIT.
- TUITION REIMBURSEMENT: SNIPIT has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at SNIPIT.
Benefit | SNIPIT | Industry | California |
|---|---|---|---|
| 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
SNIPIT 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 SNIPIT's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SNIPIT is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SNIPIT implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: SNIPIT cares about its team members' dental health so it offers an outstanding 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: SNIPIT offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: SNIPIT does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: SNIPIT has a first-class 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, SNIPIT has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: SNIPIT has implemented a superb telehealth policy for its members to use any time of the day, every single day. SNIPIT covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: SNIPIT 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.
Benefit | SNIPIT | Industry | California |
|---|---|---|---|
| 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
SNIPIT 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: SNIPIT does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SNIPIT has a suitable 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: SNIPIT offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for SNIPIT, and encourage others to do the same.
- CHILDCARE DISCOUNT: SNIPIT does not offer childcare discount.
- COMMUTER BENEFIT: SNIPIT acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SNIPIT 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: SNIPIT has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SNIPIT 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: SNIPIT realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SNIPIT has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SNIPIT believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SNIPIT offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SNIPIT has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SNIPIT | Industry | California |
|---|---|---|---|
| 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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