This report analyzes and compares TRADER JOE'S' employee health insurance and employee benefits with its industry and in California State.

COMPARE TRADER JOE'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

TRADER JOE'S 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 TRADER JOE'S. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: TRADER JOE'S continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that TRADER JOE'S uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: TRADER JOE'S believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
  • DEVELOPMENT RESOURCES: TRADER JOE'S encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, TRADER JOE'S supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
  • GED REIMBURSEMENT: TRADER JOE'S does not offer ged reimbursement.
  • LEADERSHIP PROGRAMS: TRADER JOE'S offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by TRADER JOE'S to grow as leaders and learn how to make tough calls.
  • ONBOARDING: TRADER JOE'S is aware of the difficulties that new employees might experience when they join the team. That's why TRADER JOE'S has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: TRADER JOE'S knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to TRADER JOE'S.
  • TUITION REIMBURSEMENT: TRADER JOE'S has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
TRADER JOE'S's career benefits comparison table

Benefit

TRADER JOE'S

Industry

California

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

TRADER JOE'S offers remarkable 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 TRADER JOE'S's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: TRADER JOE'S wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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: Team members at TRADER JOE'S have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. TRADER JOE'S partially pays for dentures and braces as well.
  • HEALTH INSURANCE: TRADER JOE'S provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
  • HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, TRADER JOE'S offers valuable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
  • HEALTHCARE SPENDING ACCOUNTS: TRADER JOE'S 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: TRADER JOE'S offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: TRADER JOE'S does not offer telehealth.
  • VISION PLAN: TRADER JOE'S offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
TRADER JOE'S's healthcare benefits comparison table

Benefit

TRADER JOE'S

Industry

California

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

TRADER JOE'S offers superb financial benefits for employees and their family members. A superb 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: TRADER JOE'S does not offer 401(k) plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: TRADER JOE'S has a remarkable 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 TRADER JOE'S.
  • BONUS PAY: TRADER JOE'S has a great 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: TRADER JOE'S has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
  • COMMUTER BENEFIT: TRADER JOE'S 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: TRADER JOE'S 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: TRADER JOE'S offers a top-notch 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: TRADER JOE'S offers an outstanding life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This outstanding life insurance package contains dependent policies as well.
  • PAID TIME OFF: TRADER JOE'S realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why TRADER JOE'S has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: TRADER JOE'S has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, TRADER JOE'S stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: TRADER JOE'S has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
TRADER JOE'S's financial benefits comparison table

Benefit

TRADER JOE'S

Industry

California

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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