This report analyzes and compares TRAVELCENTERS OF AMERICA's employee health insurance and employee benefits with its industry and in Ohio 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
TRAVELCENTERS OF AMERICA 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 TRAVELCENTERS OF AMERICA. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: TRAVELCENTERS OF AMERICA offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, TRAVELCENTERS OF AMERICA makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: TRAVELCENTERS OF AMERICA does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: TRAVELCENTERS OF AMERICA encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, TRAVELCENTERS OF AMERICA supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: TRAVELCENTERS OF AMERICA has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: TRAVELCENTERS OF AMERICA is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, TRAVELCENTERS OF AMERICA ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: TRAVELCENTERS OF AMERICA 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: Aware of the fact that its team members work hard, TRAVELCENTERS OF AMERICA implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: TRAVELCENTERS OF AMERICA has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at TRAVELCENTERS OF AMERICA.
Benefit | TRAVELCENTERS OF AMERICA | 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
TRAVELCENTERS OF AMERICA has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a solid healthcare spending account at their disposal.
- COUNSELING: TRAVELCENTERS OF AMERICA does not offer counseling.
- DENTAL PLAN: TRAVELCENTERS OF AMERICA 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: TRAVELCENTERS OF AMERICA offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, TRAVELCENTERS OF AMERICA offers good 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: TRAVELCENTERS OF AMERICA offers an excellent 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: Aware of the challenges that come with pregnancy, TRAVELCENTERS OF AMERICA has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: TRAVELCENTERS OF AMERICA does not offer telehealth.
- VISION PLAN: TRAVELCENTERS OF AMERICA 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.
Benefit | TRAVELCENTERS OF AMERICA | 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
TRAVELCENTERS OF AMERICA 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: TRAVELCENTERS OF AMERICA knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 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 TRAVELCENTERS OF AMERICA 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, TRAVELCENTERS OF AMERICA provides resources which will help team members decide what to do with their 401(k) plan. TRAVELCENTERS OF AMERICA offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: TRAVELCENTERS OF AMERICA does not offer adoption assistance reimbursement.
- BONUS PAY: TRAVELCENTERS OF AMERICA 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: TRAVELCENTERS OF AMERICA cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: TRAVELCENTERS OF AMERICA acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: TRAVELCENTERS OF AMERICA offers an outstanding 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: TRAVELCENTERS OF AMERICA has an extraordinary 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: TRAVELCENTERS OF AMERICA offers an exceptional 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 exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: TRAVELCENTERS OF AMERICA realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why TRAVELCENTERS OF AMERICA has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: TRAVELCENTERS OF AMERICA recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by TRAVELCENTERS OF AMERICA, on volunteer work of their choice.
- PARENTAL LEAVE: TRAVELCENTERS OF AMERICA has a first-class parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TRAVELCENTERS OF AMERICA | 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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