This report analyzes and compares TELEDYNE MARINE SYSTEMS' employee health insurance and employee benefits with its industry and in Massachusetts 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
TELEDYNE MARINE SYSTEMS offers exceptional career benefits to help its team members achieve their full potential and maximize their contributions to TELEDYNE MARINE SYSTEMS with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, TELEDYNE MARINE SYSTEMS offers exceptional leadership programs.
- CAREER PLANNING: TELEDYNE MARINE SYSTEMS offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, TELEDYNE MARINE SYSTEMS makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: TELEDYNE MARINE SYSTEMS believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: TELEDYNE MARINE SYSTEMS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: TELEDYNE MARINE SYSTEMS has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: TELEDYNE MARINE SYSTEMS believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that TELEDYNE MARINE SYSTEMS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: TELEDYNE MARINE SYSTEMS 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: TELEDYNE MARINE SYSTEMS knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to TELEDYNE MARINE SYSTEMS.
- TUITION REIMBURSEMENT: TELEDYNE MARINE SYSTEMS realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | TELEDYNE MARINE SYSTEMS | Industry | Massachusetts |
|---|---|---|---|
| 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
TELEDYNE MARINE SYSTEMS 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 TELEDYNE MARINE SYSTEMS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: TELEDYNE MARINE SYSTEMS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why TELEDYNE MARINE SYSTEMS implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at TELEDYNE MARINE SYSTEMS have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. TELEDYNE MARINE SYSTEMS partially pays for dentures and braces as well.
- HEALTH INSURANCE: TELEDYNE MARINE SYSTEMS offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: TELEDYNE MARINE SYSTEMS offers its team members remarkable 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. TELEDYNE MARINE SYSTEMS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: TELEDYNE MARINE SYSTEMS has a superb 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: TELEDYNE MARINE SYSTEMS offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: TELEDYNE MARINE SYSTEMS does not offer telehealth.
- VISION PLAN: TELEDYNE MARINE SYSTEMS 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 | TELEDYNE MARINE SYSTEMS | Industry | Massachusetts |
|---|---|---|---|
| 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
TELEDYNE MARINE SYSTEMS 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: TELEDYNE MARINE SYSTEMS has an excellent 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, TELEDYNE MARINE SYSTEMS offers an excellent 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, TELEDYNE MARINE SYSTEMS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: TELEDYNE MARINE SYSTEMS has an outstanding 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: TELEDYNE MARINE SYSTEMS offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for TELEDYNE MARINE SYSTEMS, and encourage others to do the same.
- CHILDCARE DISCOUNT: TELEDYNE MARINE SYSTEMS does not offer childcare discount.
- COMMUTER BENEFIT: TELEDYNE MARINE SYSTEMS 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: TELEDYNE MARINE SYSTEMS offers a superior 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: TELEDYNE MARINE SYSTEMS has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: TELEDYNE MARINE SYSTEMS offers a valuable life insurance policy to its team members for an affordable price. TELEDYNE MARINE SYSTEMS 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: TELEDYNE MARINE SYSTEMS has an impressive vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: TELEDYNE MARINE SYSTEMS believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why TELEDYNE MARINE SYSTEMS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: TELEDYNE MARINE SYSTEMS has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TELEDYNE MARINE SYSTEMS | Industry | Massachusetts |
|---|---|---|---|
| 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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