This report analyzes and compares VF IMAGEWEAR's employee health insurance and employee benefits with its industry and in Tennessee 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
VF IMAGEWEAR 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 VF IMAGEWEAR. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: VF IMAGEWEAR continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that VF IMAGEWEAR uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a great coaching and mentoring program, VF IMAGEWEAR can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: VF IMAGEWEAR offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: VF IMAGEWEAR has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: VF IMAGEWEAR offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by VF IMAGEWEAR to grow as leaders and learn how to make tough calls.
- ONBOARDING: VF IMAGEWEAR does not offer onboarding.
- RECOGNITION PROGRAMS: VF IMAGEWEAR has a superb 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: VF IMAGEWEAR realizes that continuous education is a key to success so it has an outstanding Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | VF IMAGEWEAR | Industry | Tennessee |
|---|---|---|---|
| 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
VF IMAGEWEAR offers first-class 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 VF IMAGEWEAR's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: VF IMAGEWEAR is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why VF IMAGEWEAR implemented a suitable counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: VF IMAGEWEAR 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: VF IMAGEWEAR offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: VF IMAGEWEAR offers its team members superior 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. VF IMAGEWEAR provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: VF IMAGEWEAR has a top-notch 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: VF IMAGEWEAR offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: VF IMAGEWEAR has implemented a superb telehealth policy for its members to use any time of the day, every single day. VF IMAGEWEAR covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: VF IMAGEWEAR 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 | VF IMAGEWEAR | Industry | Tennessee |
|---|---|---|---|
| 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
VF IMAGEWEAR 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: VF IMAGEWEAR 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. VF IMAGEWEAR 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 VF IMAGEWEAR has Matching program that matches 75% of employees' contributions. Whatever VF IMAGEWEAR contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave VF IMAGEWEAR. Recognizing that every team member is unique, with specific needs and goals, VF IMAGEWEAR keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: VF IMAGEWEAR does not offer adoption assistance reimbursement.
- BONUS PAY: VF IMAGEWEAR offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for VF IMAGEWEAR, and encourage others to do the same.
- CHILDCARE DISCOUNT: VF IMAGEWEAR offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: VF IMAGEWEAR has a suitable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: VF IMAGEWEAR offers an exceptional 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: VF IMAGEWEAR has an excellent 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: VF IMAGEWEAR offers a good life insurance policy to its team members for an affordable price. VF IMAGEWEAR 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: VF IMAGEWEAR realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why VF IMAGEWEAR has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: VF IMAGEWEAR has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, VF IMAGEWEAR stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: VF IMAGEWEAR has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | VF IMAGEWEAR | Industry | Tennessee |
|---|---|---|---|
| 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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