This report analyzes and compares STARCOM MEDIAVEST GROUP (SMG)'s employee health insurance and employee benefits with its industry and in Illinois 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
STARCOM MEDIAVEST GROUP (SMG) 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 STARCOM MEDIAVEST GROUP (SMG). top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: STARCOM MEDIAVEST GROUP (SMG) continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that STARCOM MEDIAVEST GROUP (SMG) uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: STARCOM MEDIAVEST GROUP (SMG) believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: STARCOM MEDIAVEST GROUP (SMG) encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, STARCOM MEDIAVEST GROUP (SMG) supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: STARCOM MEDIAVEST GROUP (SMG) has an impressive GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: STARCOM MEDIAVEST GROUP (SMG) does not offer leadership programs.
- ONBOARDING: STARCOM MEDIAVEST GROUP (SMG) does not offer onboarding.
- RECOGNITION PROGRAMS: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) has a great 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 | STARCOM MEDIAVEST GROUP (SMG) | Industry | Illinois |
|---|---|---|---|
| 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
STARCOM MEDIAVEST GROUP (SMG) offers top-notch 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 STARCOM MEDIAVEST GROUP (SMG)'s top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STARCOM MEDIAVEST GROUP (SMG) does not offer counseling.
- DENTAL PLAN: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, STARCOM MEDIAVEST GROUP (SMG) offers suitable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: STARCOM MEDIAVEST GROUP (SMG) offers an exceptional 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: STARCOM MEDIAVEST GROUP (SMG) offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: STARCOM MEDIAVEST GROUP (SMG) does not offer telehealth.
- VISION PLAN: STARCOM MEDIAVEST GROUP (SMG) has an extraordinary Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | STARCOM MEDIAVEST GROUP (SMG) | Industry | Illinois |
|---|---|---|---|
| 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
STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) knows how important it is to think about retirement and start saving on time. That's why it offers a great 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and STARCOM MEDIAVEST GROUP (SMG) will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, STARCOM MEDIAVEST GROUP (SMG) provides resources which will help team members decide what to do with their 401(k) plan. STARCOM MEDIAVEST GROUP (SMG) offers a great vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: STARCOM MEDIAVEST GROUP (SMG) has an exceptional Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) offers a valuable life insurance policy to its team members for an affordable price. STARCOM MEDIAVEST GROUP (SMG) 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: STARCOM MEDIAVEST GROUP (SMG) wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: STARCOM MEDIAVEST GROUP (SMG) believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why STARCOM MEDIAVEST GROUP (SMG) offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: STARCOM MEDIAVEST GROUP (SMG) has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STARCOM MEDIAVEST GROUP (SMG) | Industry | Illinois |
|---|---|---|---|
| 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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