This report analyzes and compares STRIPES CONVENIENCE STORES' employee health insurance and employee benefits with its industry and in Texas 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
STRIPES CONVENIENCE STORES offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. STRIPES CONVENIENCE STORES believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: STRIPES CONVENIENCE STORES believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. STRIPES CONVENIENCE STORES has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: STRIPES CONVENIENCE STORES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: STRIPES CONVENIENCE STORES encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, STRIPES CONVENIENCE STORES supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: STRIPES CONVENIENCE STORES has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: STRIPES CONVENIENCE STORES believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that STRIPES CONVENIENCE STORES provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: STRIPES CONVENIENCE STORES is aware of the difficulties that new employees might experience when they join the team. That's why STRIPES CONVENIENCE STORES has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: STRIPES CONVENIENCE STORES 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 STRIPES CONVENIENCE STORES.
- TUITION REIMBURSEMENT: STRIPES CONVENIENCE STORES does not offer tuition reimbursement.
Benefit | STRIPES CONVENIENCE STORES | Industry | Texas |
|---|---|---|---|
| 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
STRIPES CONVENIENCE STORES 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 STRIPES CONVENIENCE STORES's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: STRIPES CONVENIENCE STORES does not offer counseling.
- DENTAL PLAN: Team members at STRIPES CONVENIENCE STORES have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. STRIPES CONVENIENCE STORES partially pays for dentures and braces as well.
- HEALTH INSURANCE: STRIPES CONVENIENCE STORES provides an impressive 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, STRIPES CONVENIENCE STORES 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: To financially help its team members with medical emergencies, STRIPES CONVENIENCE STORES offers a valuable 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, STRIPES CONVENIENCE STORES has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: STRIPES CONVENIENCE STORES 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: STRIPES CONVENIENCE STORES has an outstanding 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 | STRIPES CONVENIENCE STORES | Industry | Texas |
|---|---|---|---|
| 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
STRIPES CONVENIENCE STORES 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: STRIPES CONVENIENCE STORES has an exceptional 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, STRIPES CONVENIENCE STORES offers an exceptional program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, STRIPES CONVENIENCE STORES offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: STRIPES CONVENIENCE STORES has a great 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: STRIPES CONVENIENCE STORES has a valuable 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: STRIPES CONVENIENCE STORES offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: STRIPES CONVENIENCE STORES 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: STRIPES CONVENIENCE STORES offers an outstanding 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: STRIPES CONVENIENCE STORES has an outstanding 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: STRIPES CONVENIENCE STORES offers a solid life insurance policy to its team members for an affordable price. STRIPES CONVENIENCE STORES 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: STRIPES CONVENIENCE STORES realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why STRIPES CONVENIENCE STORES has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: STRIPES CONVENIENCE STORES has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, STRIPES CONVENIENCE STORES stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: STRIPES CONVENIENCE STORES has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | STRIPES CONVENIENCE STORES | Industry | Texas |
|---|---|---|---|
| 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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