This report analyzes and compares VULCAN MATERIALS COMPANY's employee health insurance and employee benefits with its industry and in Alabama 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
VULCAN MATERIALS COMPANY 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 VULCAN MATERIALS COMPANY. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: VULCAN MATERIALS COMPANY believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. VULCAN MATERIALS COMPANY has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: VULCAN MATERIALS COMPANY offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: impressive development resources are what allows VULCAN MATERIALS COMPANY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: VULCAN MATERIALS COMPANY has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: VULCAN MATERIALS COMPANY is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, VULCAN MATERIALS COMPANY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: VULCAN MATERIALS COMPANY offers a remarkable 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, VULCAN MATERIALS COMPANY implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: VULCAN MATERIALS COMPANY has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at VULCAN MATERIALS COMPANY.
Benefit | VULCAN MATERIALS COMPANY | Industry | Alabama |
|---|---|---|---|
| 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
VULCAN MATERIALS COMPANY offers superior 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 VULCAN MATERIALS COMPANY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: VULCAN MATERIALS COMPANY is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why VULCAN MATERIALS COMPANY implemented a good 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 good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at VULCAN MATERIALS COMPANY have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. VULCAN MATERIALS COMPANY partially pays for dentures and braces as well.
- HEALTH INSURANCE: VULCAN MATERIALS COMPANY offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: VULCAN MATERIALS COMPANY does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, VULCAN MATERIALS COMPANY offers a valuable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: VULCAN MATERIALS COMPANY offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: VULCAN MATERIALS COMPANY has an extraordinary 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: VULCAN MATERIALS COMPANY has an impressive Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | VULCAN MATERIALS COMPANY | Industry | Alabama |
|---|---|---|---|
| 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
VULCAN MATERIALS COMPANY 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: VULCAN MATERIALS COMPANY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: VULCAN MATERIALS COMPANY has a superior 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 VULCAN MATERIALS COMPANY.
- BONUS PAY: VULCAN MATERIALS COMPANY offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for VULCAN MATERIALS COMPANY, and encourage others to do the same.
- CHILDCARE DISCOUNT: VULCAN MATERIALS COMPANY offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: VULCAN MATERIALS COMPANY 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: VULCAN MATERIALS COMPANY offers a top-notch 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: VULCAN MATERIALS COMPANY has an exceptional 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: VULCAN MATERIALS COMPANY has a superb 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: VULCAN MATERIALS COMPANY realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why VULCAN MATERIALS COMPANY has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: VULCAN MATERIALS COMPANY does not offer paid volunteer time off.
- PARENTAL LEAVE: VULCAN MATERIALS COMPANY has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | VULCAN MATERIALS COMPANY | Industry | Alabama |
|---|---|---|---|
| 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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