This report analyzes and compares TEMPUR SEALY INTERNATIONAL's employee health insurance and employee benefits with its industry and in Kentucky 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
TEMPUR SEALY INTERNATIONAL has first-class 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 TEMPUR SEALY INTERNATIONAL. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: TEMPUR SEALY INTERNATIONAL continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that TEMPUR SEALY INTERNATIONAL uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, TEMPUR SEALY INTERNATIONAL can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: TEMPUR SEALY INTERNATIONAL offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: TEMPUR SEALY INTERNATIONAL has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: TEMPUR SEALY INTERNATIONAL believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that TEMPUR SEALY INTERNATIONAL provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: TEMPUR SEALY INTERNATIONAL offers a superb 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: TEMPUR SEALY INTERNATIONAL 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: TEMPUR SEALY INTERNATIONAL does not offer tuition reimbursement.
Benefit | TEMPUR SEALY INTERNATIONAL | Industry | Kentucky |
|---|---|---|---|
| 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
TEMPUR SEALY INTERNATIONAL has valuable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers valuable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a valuable healthcare spending account at their disposal.
- COUNSELING: TEMPUR SEALY INTERNATIONAL does not offer counseling.
- DENTAL PLAN: TEMPUR SEALY INTERNATIONAL 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: TEMPUR SEALY INTERNATIONAL offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: TEMPUR SEALY INTERNATIONAL does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, TEMPUR SEALY INTERNATIONAL 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: TEMPUR SEALY INTERNATIONAL has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: TEMPUR SEALY INTERNATIONAL 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. TEMPUR SEALY INTERNATIONAL can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: TEMPUR SEALY INTERNATIONAL has an excellent 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 | TEMPUR SEALY INTERNATIONAL | Industry | Kentucky |
|---|---|---|---|
| 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
TEMPUR SEALY INTERNATIONAL 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: TEMPUR SEALY INTERNATIONAL does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: TEMPUR SEALY INTERNATIONAL has an impressive 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: TEMPUR SEALY INTERNATIONAL has an impressive 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: TEMPUR SEALY INTERNATIONAL has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: TEMPUR SEALY INTERNATIONAL has a suitable 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: TEMPUR SEALY INTERNATIONAL has a great daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: TEMPUR SEALY INTERNATIONAL has an extraordinary 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: TEMPUR SEALY INTERNATIONAL offers a great life insurance policy to its team members for an affordable price. TEMPUR SEALY INTERNATIONAL 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: TEMPUR SEALY INTERNATIONAL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why TEMPUR SEALY INTERNATIONAL has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: TEMPUR SEALY INTERNATIONAL recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by TEMPUR SEALY INTERNATIONAL, on volunteer work of their choice.
- PARENTAL LEAVE: TEMPUR SEALY INTERNATIONAL has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TEMPUR SEALY INTERNATIONAL | Industry | Kentucky |
|---|---|---|---|
| 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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