This report analyzes and compares TITAN MACHINERY's employee health insurance and employee benefits with its industry and in North Dakota State.

COMPARE TITAN MACHINERY'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

TITAN MACHINERY has superior 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 TITAN MACHINERY. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: TITAN MACHINERY 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. TITAN MACHINERY has great resources at its disposal to achieve this goal.
  • COACHING AND MENTORING: TITAN MACHINERY offers first-class 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 TITAN MACHINERY 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: TITAN MACHINERY has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: TITAN MACHINERY believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that TITAN MACHINERY provides for them, employees are able to learn what makes or breaks a leader.
  • ONBOARDING: TITAN MACHINERY does not offer onboarding.
  • RECOGNITION PROGRAMS: TITAN MACHINERY has a first-class 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: TITAN MACHINERY realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
TITAN MACHINERY's career benefits comparison table

Benefit

TITAN MACHINERY

Industry

North Dakota

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

TITAN MACHINERY 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 TITAN MACHINERY's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: TITAN MACHINERY does not offer counseling.
  • DENTAL PLAN: TITAN MACHINERY cares about its team members' dental health so it offers an extraordinary 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: TITAN MACHINERY offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: TITAN MACHINERY is aware of the fact that a healthy employee is a productive employee so it offers outstanding 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: TITAN MACHINERY 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: TITAN MACHINERY 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: TITAN MACHINERY does not offer telehealth.
  • VISION PLAN: TITAN MACHINERY provides a superb 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.
TITAN MACHINERY's healthcare benefits comparison table

Benefit

TITAN MACHINERY

Industry

North Dakota

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

Team members enjoy solid financial benefits at TITAN MACHINERY. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. TITAN MACHINERY offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect TITAN MACHINERY to partially cover the expenses.

  • 401(K) PLAN: TITAN MACHINERY has a superior 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. TITAN MACHINERY 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 superior TITAN MACHINERY has Matching program that matches 75% of employees' contributions. Whatever TITAN MACHINERY contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave TITAN MACHINERY. Recognizing that every team member is unique, with specific needs and goals, TITAN MACHINERY keeps their members informed about their 401(k) options.
  • ADOPTION ASSISTANCE REIMBURSEMENT: TITAN MACHINERY 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: TITAN MACHINERY has a suitable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
  • CHILDCARE DISCOUNT: TITAN MACHINERY offers a solid discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: TITAN MACHINERY acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: TITAN MACHINERY has a solid 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: TITAN MACHINERY has an outstanding 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: TITAN MACHINERY offers a solid life insurance policy to its team members for an affordable price. TITAN MACHINERY 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: TITAN MACHINERY wants for its team members to lead a happy and fulfilled life so it has a good 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: TITAN MACHINERY 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 TITAN MACHINERY, on volunteer work of their choice.
  • PARENTAL LEAVE: TITAN MACHINERY has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
TITAN MACHINERY's financial benefits comparison table

Benefit

TITAN MACHINERY

Industry

North Dakota

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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