This report analyzes and compares WEIL GOTSHAL & MANGES LLP's employee health insurance and employee benefits with its industry and in New York 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
WEIL GOTSHAL & MANGES LLP has superior 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 WEIL GOTSHAL & MANGES LLP. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: WEIL GOTSHAL & MANGES LLP 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. WEIL GOTSHAL & MANGES LLP has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: WEIL GOTSHAL & MANGES LLP offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows WEIL GOTSHAL & MANGES LLP to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in outstanding workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: WEIL GOTSHAL & MANGES LLP does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: WEIL GOTSHAL & MANGES LLP is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, WEIL GOTSHAL & MANGES LLP ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to WEIL GOTSHAL & MANGES LLP.
- TUITION REIMBURSEMENT: WEIL GOTSHAL & MANGES LLP does not offer tuition reimbursement.
Benefit | WEIL GOTSHAL & MANGES LLP | Industry | New York |
|---|---|---|---|
| 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
WEIL GOTSHAL & MANGES LLP 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 WEIL GOTSHAL & MANGES LLP's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WEIL GOTSHAL & MANGES LLP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: WEIL GOTSHAL & MANGES LLP is aware of the fact that a healthy employee is a productive employee so it offers extraordinary 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: To financially help its team members with medical emergencies, WEIL GOTSHAL & MANGES LLP offers a suitable 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: Aware of the challenges that come with pregnancy, WEIL GOTSHAL & MANGES LLP has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: WEIL GOTSHAL & MANGES LLP has a good 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. WEIL GOTSHAL & MANGES LLP can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: WEIL GOTSHAL & MANGES LLP provides a superb 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 | WEIL GOTSHAL & MANGES LLP | Industry | New York |
|---|---|---|---|
| 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
WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP has an exceptional 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, WEIL GOTSHAL & MANGES LLP offers an exceptional program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, WEIL GOTSHAL & MANGES LLP offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: WEIL GOTSHAL & MANGES LLP has a suitable Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: WEIL GOTSHAL & MANGES LLP has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: WEIL GOTSHAL & MANGES LLP does not offer childcare discount.
- COMMUTER BENEFIT: WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP offers a superior short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: WEIL GOTSHAL & MANGES LLP 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: WEIL GOTSHAL & MANGES LLP has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: WEIL GOTSHAL & MANGES LLP believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why WEIL GOTSHAL & MANGES LLP offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: WEIL GOTSHAL & MANGES LLP has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WEIL GOTSHAL & MANGES LLP | Industry | New York |
|---|---|---|---|
| 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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