This report analyzes and compares STRATASYS DIRECT MANUFACTURING'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
STRATASYS DIRECT MANUFACTURING 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 STRATASYS DIRECT MANUFACTURING. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: STRATASYS DIRECT MANUFACTURING offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, STRATASYS DIRECT MANUFACTURING makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: STRATASYS DIRECT MANUFACTURING offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows STRATASYS DIRECT MANUFACTURING to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: STRATASYS DIRECT MANUFACTURING has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: STRATASYS DIRECT MANUFACTURING is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, STRATASYS DIRECT MANUFACTURING ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: STRATASYS DIRECT MANUFACTURING offers a superior 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: Aware of the fact that its team members work hard, STRATASYS DIRECT MANUFACTURING implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: STRATASYS DIRECT MANUFACTURING realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | STRATASYS DIRECT MANUFACTURING | 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
STRATASYS DIRECT MANUFACTURING offers superior 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 STRATASYS DIRECT MANUFACTURING's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STRATASYS DIRECT MANUFACTURING does not offer counseling.
- DENTAL PLAN: STRATASYS DIRECT MANUFACTURING cares about its team members' dental health so it offers an impressive 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: STRATASYS DIRECT MANUFACTURING offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: STRATASYS DIRECT MANUFACTURING 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. STRATASYS DIRECT MANUFACTURING provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, STRATASYS DIRECT MANUFACTURING 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, STRATASYS DIRECT MANUFACTURING has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: STRATASYS DIRECT MANUFACTURING has a valuable 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. STRATASYS DIRECT MANUFACTURING can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: STRATASYS DIRECT MANUFACTURING offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | STRATASYS DIRECT MANUFACTURING | 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
STRATASYS DIRECT MANUFACTURING 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: STRATASYS DIRECT MANUFACTURING knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 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 STRATASYS DIRECT MANUFACTURING 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, STRATASYS DIRECT MANUFACTURING provides resources which will help team members decide what to do with their 401(k) plan. STRATASYS DIRECT MANUFACTURING offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: STRATASYS DIRECT MANUFACTURING has an excellent 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: STRATASYS DIRECT MANUFACTURING offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for STRATASYS DIRECT MANUFACTURING, and encourage others to do the same.
- CHILDCARE DISCOUNT: STRATASYS DIRECT MANUFACTURING has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: STRATASYS DIRECT MANUFACTURING offers impressive 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: STRATASYS DIRECT MANUFACTURING 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: STRATASYS DIRECT MANUFACTURING has an exceptional 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: STRATASYS DIRECT MANUFACTURING offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: STRATASYS DIRECT MANUFACTURING realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why STRATASYS DIRECT MANUFACTURING has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: STRATASYS DIRECT MANUFACTURING does not offer paid volunteer time off.
- PARENTAL LEAVE: STRATASYS DIRECT MANUFACTURING has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STRATASYS DIRECT MANUFACTURING | 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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