This report analyzes and compares THE COSMOPOLITAN OF LAS VEGAS' employee health insurance and employee benefits with its industry and in Nevada 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
THE COSMOPOLITAN OF LAS VEGAS 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 THE COSMOPOLITAN OF LAS VEGAS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: THE COSMOPOLITAN OF LAS VEGAS offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, THE COSMOPOLITAN OF LAS VEGAS makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: THE COSMOPOLITAN OF LAS VEGAS believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: impressive development resources are what allows THE COSMOPOLITAN OF LAS VEGAS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: THE COSMOPOLITAN OF LAS VEGAS has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: THE COSMOPOLITAN OF LAS VEGAS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that THE COSMOPOLITAN OF LAS VEGAS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: THE COSMOPOLITAN OF LAS VEGAS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, THE COSMOPOLITAN OF LAS VEGAS implemented a good Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: THE COSMOPOLITAN OF LAS VEGAS has a great 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 | THE COSMOPOLITAN OF LAS VEGAS | Industry | Nevada |
|---|---|---|---|
| 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
THE COSMOPOLITAN OF LAS VEGAS 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 THE COSMOPOLITAN OF LAS VEGAS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: THE COSMOPOLITAN OF LAS VEGAS does not offer counseling.
- DENTAL PLAN: THE COSMOPOLITAN OF LAS VEGAS offers a valuable 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: THE COSMOPOLITAN OF LAS VEGAS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: THE COSMOPOLITAN OF LAS VEGAS is aware of the fact that a healthy employee is a productive employee so it offers excellent health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: THE COSMOPOLITAN OF LAS VEGAS offers an exceptional healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: THE COSMOPOLITAN OF LAS VEGAS offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: THE COSMOPOLITAN OF LAS VEGAS does not offer telehealth.
- VISION PLAN: THE COSMOPOLITAN OF LAS VEGAS offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | THE COSMOPOLITAN OF LAS VEGAS | Industry | Nevada |
|---|---|---|---|
| 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
THE COSMOPOLITAN OF LAS VEGAS 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: THE COSMOPOLITAN OF LAS VEGAS has a top-notch 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. THE COSMOPOLITAN OF LAS VEGAS 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 top-notch THE COSMOPOLITAN OF LAS VEGAS has Matching program that matches 75% of employees' contributions. Whatever THE COSMOPOLITAN OF LAS VEGAS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave THE COSMOPOLITAN OF LAS VEGAS. Recognizing that every team member is unique, with specific needs and goals, THE COSMOPOLITAN OF LAS VEGAS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: THE COSMOPOLITAN OF LAS VEGAS has a superb Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by THE COSMOPOLITAN OF LAS VEGAS.
- BONUS PAY: THE COSMOPOLITAN OF LAS VEGAS has an exceptional 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: THE COSMOPOLITAN OF LAS VEGAS has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: THE COSMOPOLITAN OF LAS VEGAS 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: THE COSMOPOLITAN OF LAS VEGAS 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: THE COSMOPOLITAN OF LAS VEGAS offers a remarkable 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: THE COSMOPOLITAN OF LAS VEGAS offers a solid life insurance policy to its team members for an affordable price. THE COSMOPOLITAN OF LAS VEGAS 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: THE COSMOPOLITAN OF LAS VEGAS 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: THE COSMOPOLITAN OF LAS VEGAS recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by THE COSMOPOLITAN OF LAS VEGAS, on volunteer work of their choice.
- PARENTAL LEAVE: THE COSMOPOLITAN OF LAS VEGAS has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | THE COSMOPOLITAN OF LAS VEGAS | Industry | Nevada |
|---|---|---|---|
| 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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