This report analyzes and compares WACOM TECHNOLOGY CORP's employee health insurance and employee benefits with its industry and in Washington 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
WACOM TECHNOLOGY CORP 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 WACOM TECHNOLOGY CORP. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: WACOM TECHNOLOGY CORP offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, WACOM TECHNOLOGY CORP makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, WACOM TECHNOLOGY CORP can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: WACOM TECHNOLOGY CORP offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: WACOM TECHNOLOGY CORP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: WACOM TECHNOLOGY CORP believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that WACOM TECHNOLOGY CORP provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: WACOM TECHNOLOGY CORP does not offer onboarding.
- RECOGNITION PROGRAMS: WACOM TECHNOLOGY CORP has a superior 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: WACOM TECHNOLOGY CORP 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 WACOM TECHNOLOGY CORP.
Benefit | WACOM TECHNOLOGY CORP | Industry | Washington |
|---|---|---|---|
| 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
WACOM TECHNOLOGY CORP 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 WACOM TECHNOLOGY CORP's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WACOM TECHNOLOGY CORP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class 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 WACOM TECHNOLOGY CORP 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. WACOM TECHNOLOGY CORP partially pays for dentures and braces as well.
- HEALTH INSURANCE: WACOM TECHNOLOGY CORP offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: WACOM TECHNOLOGY CORP is aware of the fact that a healthy employee is a productive employee so it offers exceptional health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: WACOM TECHNOLOGY CORP has a first-class 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: WACOM TECHNOLOGY CORP offers an extraordinary maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: WACOM TECHNOLOGY CORP does not offer telehealth.
- VISION PLAN: WACOM TECHNOLOGY CORP offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | WACOM TECHNOLOGY CORP | Industry | Washington |
|---|---|---|---|
| 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
WACOM TECHNOLOGY CORP 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: WACOM TECHNOLOGY CORP 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. WACOM TECHNOLOGY CORP 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 WACOM TECHNOLOGY CORP has Matching program that matches 75% of employees' contributions. Whatever WACOM TECHNOLOGY CORP contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave WACOM TECHNOLOGY CORP. Recognizing that every team member is unique, with specific needs and goals, WACOM TECHNOLOGY CORP keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: WACOM TECHNOLOGY CORP does not offer adoption assistance reimbursement.
- BONUS PAY: WACOM TECHNOLOGY CORP offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for WACOM TECHNOLOGY CORP, and encourage others to do the same.
- CHILDCARE DISCOUNT: WACOM TECHNOLOGY CORP has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: WACOM TECHNOLOGY CORP acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: WACOM TECHNOLOGY CORP offers an extraordinary 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: WACOM TECHNOLOGY CORP 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: WACOM TECHNOLOGY CORP 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: WACOM TECHNOLOGY CORP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why WACOM TECHNOLOGY CORP has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: WACOM TECHNOLOGY CORP has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, WACOM TECHNOLOGY CORP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: WACOM TECHNOLOGY CORP has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WACOM TECHNOLOGY CORP | Industry | Washington |
|---|---|---|---|
| 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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