This report analyzes and compares TIDEWATER's employee health insurance and employee benefits with its industry and in Louisiana State.

COMPARE TIDEWATER'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

TIDEWATER offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. TIDEWATER 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: TIDEWATER offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, TIDEWATER makes sure that every single team member takes the full advantage of first-class career planning programs.
  • COACHING AND MENTORING: By using a suitable coaching and mentoring program, TIDEWATER can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: TIDEWATER 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: TIDEWATER has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: TIDEWATER does not offer leadership programs.
  • ONBOARDING: TIDEWATER does not offer onboarding.
  • RECOGNITION PROGRAMS: TIDEWATER knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to TIDEWATER.
  • TUITION REIMBURSEMENT: TIDEWATER does not offer tuition reimbursement.
TIDEWATER's career benefits comparison table

Benefit

TIDEWATER

Industry

Louisiana

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

TIDEWATER 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 TIDEWATER's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: TIDEWATER wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its top-notch 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: TIDEWATER cares about its team members' dental health so it offers an exceptional dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
  • HEALTH INSURANCE: TIDEWATER offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: TIDEWATER is aware of the fact that a healthy employee is a productive employee so it offers exceptional 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: TIDEWATER has a first-class 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: TIDEWATER offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: TIDEWATER has an excellent 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: TIDEWATER 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.
TIDEWATER's healthcare benefits comparison table

Benefit

TIDEWATER

Industry

Louisiana

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

TIDEWATER 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: TIDEWATER has an extraordinary 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, TIDEWATER offers an extraordinary 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, TIDEWATER offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: TIDEWATER does not offer adoption assistance reimbursement.
  • BONUS PAY: TIDEWATER offers superb bonuses to team members who excel in their field of work, provide extraordinary results for TIDEWATER, and encourage others to do the same.
  • CHILDCARE DISCOUNT: TIDEWATER has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
  • COMMUTER BENEFIT: TIDEWATER has a solid 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: TIDEWATER offers an impressive daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
  • DISABILITY: TIDEWATER 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: TIDEWATER offers a valuable life insurance policy to its team members for an affordable price. TIDEWATER 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: TIDEWATER 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: TIDEWATER has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, TIDEWATER stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: TIDEWATER has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
TIDEWATER's financial benefits comparison table

Benefit

TIDEWATER

Industry

Louisiana

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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