This report analyzes and compares THERM-O-DISC's employee health insurance and employee benefits with its industry and in Ohio State.

COMPARE THERM-O-DISC'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

THERM-O-DISC has superb 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 THERM-O-DISC. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: THERM-O-DISC believes that career planning of each employee is a key to a successful business and offers great opportunities so that the employees can reach their full potential. THERM-O-DISC has great resources at its disposal to achieve this goal.
  • COACHING AND MENTORING: THERM-O-DISC offers top-notch coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
  • DEVELOPMENT RESOURCES: outstanding development resources are what allows THERM-O-DISC to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
  • GED REIMBURSEMENT: THERM-O-DISC has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: THERM-O-DISC offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by THERM-O-DISC to grow as leaders and learn how to make tough calls.
  • ONBOARDING: THERM-O-DISC 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: THERM-O-DISC has a top-notch 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: THERM-O-DISC realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
THERM-O-DISC's career benefits comparison table

Benefit

THERM-O-DISC

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

THERM-O-DISC offers first-class 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 THERM-O-DISC's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: THERM-O-DISC wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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: THERM-O-DISC 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: THERM-O-DISC offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: THERM-O-DISC offers its team members superb 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. THERM-O-DISC provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, THERM-O-DISC offers a great 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: THERM-O-DISC offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: THERM-O-DISC does not offer telehealth.
  • VISION PLAN: THERM-O-DISC has an exceptional 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.
THERM-O-DISC's healthcare benefits comparison table

Benefit

THERM-O-DISC

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

THERM-O-DISC 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: THERM-O-DISC knows how important it is to think about retirement and start saving on time. That's why it offers a solid 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and THERM-O-DISC will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, THERM-O-DISC provides resources which will help team members decide what to do with their 401(k) plan. THERM-O-DISC offers a solid vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: THERM-O-DISC has a solid 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: THERM-O-DISC offers superb bonuses to team members who excel in their field of work, provide extraordinary results for THERM-O-DISC, and encourage others to do the same.
  • CHILDCARE DISCOUNT: THERM-O-DISC cooperates with partners and team members are eligible for superior discounts for a primary childcare.
  • COMMUTER BENEFIT: THERM-O-DISC 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: THERM-O-DISC offers a top-notch 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: THERM-O-DISC has an impressive 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: THERM-O-DISC offers a great life insurance policy to its team members for an affordable price. THERM-O-DISC 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: THERM-O-DISC wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
  • PAID VOLUNTEER TIME OFF: THERM-O-DISC believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why THERM-O-DISC offers its team members up to 50 hours of paid volunteer time off.
  • PARENTAL LEAVE: THERM-O-DISC has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
THERM-O-DISC's financial benefits comparison table

Benefit

THERM-O-DISC

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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