This report analyzes and compares TYCO RETAIL SOLUTIONS' employee health insurance and employee benefits with its industry and in Florida 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
TYCO RETAIL SOLUTIONS 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 TYCO RETAIL SOLUTIONS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: TYCO RETAIL SOLUTIONS believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. TYCO RETAIL SOLUTIONS has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: TYCO RETAIL SOLUTIONS believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: TYCO RETAIL SOLUTIONS encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, TYCO RETAIL SOLUTIONS supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: TYCO RETAIL SOLUTIONS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: TYCO RETAIL SOLUTIONS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that TYCO RETAIL SOLUTIONS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why TYCO RETAIL SOLUTIONS offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, TYCO RETAIL SOLUTIONS implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: TYCO RETAIL SOLUTIONS has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at TYCO RETAIL SOLUTIONS.
Benefit | TYCO RETAIL SOLUTIONS | Industry | Florida |
|---|---|---|---|
| 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
TYCO RETAIL SOLUTIONS offers superb 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 TYCO RETAIL SOLUTIONS's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: TYCO RETAIL SOLUTIONS 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 TYCO RETAIL SOLUTIONS have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. TYCO RETAIL SOLUTIONS partially pays for dentures and braces as well.
- HEALTH INSURANCE: TYCO RETAIL SOLUTIONS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: TYCO RETAIL SOLUTIONS 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. TYCO RETAIL SOLUTIONS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: TYCO RETAIL SOLUTIONS has a remarkable 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: TYCO RETAIL SOLUTIONS offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: TYCO RETAIL SOLUTIONS has an outstanding 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: TYCO RETAIL SOLUTIONS offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | TYCO RETAIL SOLUTIONS | Industry | Florida |
|---|---|---|---|
| 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
TYCO RETAIL SOLUTIONS offers remarkable financial benefits for employees and their family members. A remarkable 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: TYCO RETAIL SOLUTIONS 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 TYCO RETAIL SOLUTIONS 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, TYCO RETAIL SOLUTIONS provides resources which will help team members decide what to do with their 401(k) plan. TYCO RETAIL SOLUTIONS offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: TYCO RETAIL SOLUTIONS does not offer adoption assistance reimbursement.
- BONUS PAY: TYCO RETAIL SOLUTIONS offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for TYCO RETAIL SOLUTIONS, and encourage others to do the same.
- CHILDCARE DISCOUNT: TYCO RETAIL SOLUTIONS does not offer childcare discount.
- COMMUTER BENEFIT: TYCO RETAIL SOLUTIONS offers impressive commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: TYCO RETAIL SOLUTIONS offers a superb 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: TYCO RETAIL SOLUTIONS has a great disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: TYCO RETAIL SOLUTIONS offers a suitable life insurance policy to its team members for an affordable price. TYCO RETAIL SOLUTIONS 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: TYCO RETAIL SOLUTIONS 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: TYCO RETAIL SOLUTIONS believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why TYCO RETAIL SOLUTIONS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: TYCO RETAIL SOLUTIONS has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | TYCO RETAIL SOLUTIONS | Industry | Florida |
|---|---|---|---|
| 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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