This report analyzes and compares STREAM GLOBAL SERVICES' employee health insurance and employee benefits with its industry and in Minnesota 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
STREAM GLOBAL SERVICES 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 STREAM GLOBAL SERVICES. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: STREAM GLOBAL SERVICES offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, STREAM GLOBAL SERVICES makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: STREAM GLOBAL SERVICES 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: STREAM GLOBAL SERVICES offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: STREAM GLOBAL SERVICES has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: STREAM GLOBAL SERVICES believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that STREAM GLOBAL SERVICES provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: STREAM GLOBAL SERVICES does not offer onboarding.
- RECOGNITION PROGRAMS: STREAM GLOBAL SERVICES knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to STREAM GLOBAL SERVICES.
- TUITION REIMBURSEMENT: STREAM GLOBAL SERVICES has a good 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 | STREAM GLOBAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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
STREAM GLOBAL SERVICES 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 STREAM GLOBAL SERVICES's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STREAM GLOBAL SERVICES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why STREAM GLOBAL SERVICES implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at STREAM GLOBAL SERVICES have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. STREAM GLOBAL SERVICES partially pays for dentures and braces as well.
- HEALTH INSURANCE: STREAM GLOBAL SERVICES offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: STREAM GLOBAL SERVICES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, STREAM GLOBAL SERVICES offers a good 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, STREAM GLOBAL SERVICES has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: STREAM GLOBAL SERVICES has an impressive 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: STREAM GLOBAL SERVICES provides a superb 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 | STREAM GLOBAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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
STREAM GLOBAL SERVICES 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: STREAM GLOBAL SERVICES has a first-class 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. STREAM GLOBAL SERVICES 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 first-class STREAM GLOBAL SERVICES has Matching program that matches 75% of employees' contributions. Whatever STREAM GLOBAL SERVICES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave STREAM GLOBAL SERVICES. Recognizing that every team member is unique, with specific needs and goals, STREAM GLOBAL SERVICES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: STREAM GLOBAL SERVICES has a solid 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: STREAM GLOBAL SERVICES offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for STREAM GLOBAL SERVICES, and encourage others to do the same.
- CHILDCARE DISCOUNT: STREAM GLOBAL SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: STREAM GLOBAL SERVICES has a solid 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: STREAM GLOBAL SERVICES offers a first-class 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: STREAM GLOBAL SERVICES offers a superb short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: STREAM GLOBAL SERVICES 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: STREAM GLOBAL SERVICES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why STREAM GLOBAL SERVICES has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: STREAM GLOBAL SERVICES believes that impressive volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why STREAM GLOBAL SERVICES offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: STREAM GLOBAL SERVICES has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STREAM GLOBAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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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