This report analyzes and compares VERMEER's employee health insurance and employee benefits with its industry and in Iowa 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
VERMEER offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. VERMEER believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: VERMEER believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. VERMEER has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: VERMEER does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: VERMEER encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, VERMEER 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: VERMEER does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: VERMEER is always on the lookout for new leadership material and offers suitable development programs for its team members. With access to suitable resources, VERMEER ensures that team members with a potential for becoming leaders can achieve their goals.
- 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 VERMEER offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: VERMEER knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to VERMEER.
- TUITION REIMBURSEMENT: VERMEER does not offer tuition reimbursement.
Benefit | VERMEER | Industry | Iowa |
|---|---|---|---|
| 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
VERMEER 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 VERMEER's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: VERMEER does not offer counseling.
- DENTAL PLAN: VERMEER 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: VERMEER offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: VERMEER does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: VERMEER 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, VERMEER has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: VERMEER has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. VERMEER can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: VERMEER provides a superior 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.
Benefit | VERMEER | Industry | Iowa |
|---|---|---|---|
| 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
VERMEER offers superior financial benefits for employees and their family members. A superior 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: VERMEER has a top-notch 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. VERMEER 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 top-notch VERMEER has Matching program that matches 75% of employees' contributions. Whatever VERMEER contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave VERMEER. Recognizing that every team member is unique, with specific needs and goals, VERMEER keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: VERMEER does not offer adoption assistance reimbursement.
- BONUS PAY: VERMEER offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for VERMEER, and encourage others to do the same.
- CHILDCARE DISCOUNT: VERMEER has an outstanding childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: VERMEER offers extraordinary 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: VERMEER 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: VERMEER has a good 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 good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: VERMEER has a superior life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: VERMEER wants for its team members to lead a happy and fulfilled life so it has a valuable 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: VERMEER believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why VERMEER offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: VERMEER has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | VERMEER | Industry | Iowa |
|---|---|---|---|
| 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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We have prepared VERMEER's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
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