This report analyzes and compares TFS FINANCIAL CORPORATION's employee health insurance and employee benefits with its industry and in Ohio 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
TFS FINANCIAL CORPORATION offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. TFS FINANCIAL CORPORATION believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: TFS FINANCIAL CORPORATION continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that TFS FINANCIAL CORPORATION uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: TFS FINANCIAL CORPORATION does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: excellent development resources are what allows TFS FINANCIAL CORPORATION to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: TFS FINANCIAL CORPORATION does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: TFS FINANCIAL CORPORATION does not offer leadership programs.
- ONBOARDING: TFS FINANCIAL CORPORATION offers a first-class 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: TFS FINANCIAL CORPORATION knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to TFS FINANCIAL CORPORATION.
- TUITION REIMBURSEMENT: TFS FINANCIAL CORPORATION does not offer tuition reimbursement.
Benefit | TFS FINANCIAL CORPORATION | Industry | Ohio |
|---|---|---|---|
| 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
TFS FINANCIAL CORPORATION 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 TFS FINANCIAL CORPORATION's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: TFS FINANCIAL CORPORATION wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: TFS FINANCIAL CORPORATION offers a good 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: TFS FINANCIAL CORPORATION offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: TFS FINANCIAL CORPORATION offers its team members superior 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. TFS FINANCIAL CORPORATION provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: TFS FINANCIAL CORPORATION has a remarkable 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: TFS FINANCIAL CORPORATION offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: TFS FINANCIAL CORPORATION has an extraordinary 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: TFS FINANCIAL CORPORATION provides a superior 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 | TFS FINANCIAL CORPORATION | Industry | Ohio |
|---|---|---|---|
| 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
TFS FINANCIAL CORPORATION offers first-class financial benefits for employees and their family members. A first-class 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: TFS FINANCIAL CORPORATION does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: TFS FINANCIAL CORPORATION 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: TFS FINANCIAL CORPORATION offers superior bonuses to team members who excel in their field of work, provide extraordinary results for TFS FINANCIAL CORPORATION, and encourage others to do the same.
- CHILDCARE DISCOUNT: TFS FINANCIAL CORPORATION cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: TFS FINANCIAL CORPORATION has a valuable 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: TFS FINANCIAL CORPORATION has a suitable 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: TFS FINANCIAL CORPORATION 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: TFS FINANCIAL CORPORATION has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: TFS FINANCIAL CORPORATION has an excellent 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: TFS FINANCIAL CORPORATION does not offer paid volunteer time off.
- PARENTAL LEAVE: TFS FINANCIAL CORPORATION has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TFS FINANCIAL CORPORATION | Industry | Ohio |
|---|---|---|---|
| 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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