This report analyzes and compares YRC WORLDWIDE's employee health insurance and employee benefits with its industry and in Kansas 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
YRC WORLDWIDE offers exceptional career benefits to help its team members achieve their full potential and maximize their contributions to YRC WORLDWIDE with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, YRC WORLDWIDE offers exceptional leadership programs.
- CAREER PLANNING: YRC WORLDWIDE continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that YRC WORLDWIDE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, YRC WORLDWIDE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: outstanding development resources are what allows YRC WORLDWIDE 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: YRC WORLDWIDE has a top-notch policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: YRC WORLDWIDE believes that providing its team members with exceptional leadership programs is a crucial step in creating new leaders. By using exceptional tools that YRC WORLDWIDE provides for them, employees are able to learn what makes or breaks a leader.
- 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 YRC WORLDWIDE offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: YRC WORLDWIDE 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 YRC WORLDWIDE.
- TUITION REIMBURSEMENT: YRC WORLDWIDE realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | YRC WORLDWIDE | Industry | Kansas |
|---|---|---|---|
| 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
YRC WORLDWIDE 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 YRC WORLDWIDE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: YRC WORLDWIDE does not offer counseling.
- DENTAL PLAN: YRC WORLDWIDE 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: YRC WORLDWIDE offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: YRC WORLDWIDE offers its team members superb 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. YRC WORLDWIDE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: YRC WORLDWIDE 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: YRC WORLDWIDE has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: YRC WORLDWIDE 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: YRC WORLDWIDE has an outstanding 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 | YRC WORLDWIDE | Industry | Kansas |
|---|---|---|---|
| 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
Team members enjoy valuable financial benefits at YRC WORLDWIDE. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. YRC WORLDWIDE offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect YRC WORLDWIDE to partially cover the expenses.
- 401(K) PLAN: YRC WORLDWIDE does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: YRC WORLDWIDE does not offer adoption assistance reimbursement.
- BONUS PAY: YRC WORLDWIDE has an exceptional bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: YRC WORLDWIDE cooperates with partners and team members are eligible for first-class discounts for a primary childcare.
- COMMUTER BENEFIT: YRC WORLDWIDE offers exceptional 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: YRC WORLDWIDE 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: YRC WORLDWIDE has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: YRC WORLDWIDE offers a solid life insurance policy to its team members for an affordable price. YRC WORLDWIDE 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: YRC WORLDWIDE wants for its team members to lead a happy and fulfilled life so it has a solid 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: YRC WORLDWIDE does not offer paid volunteer time off.
- PARENTAL LEAVE: YRC WORLDWIDE has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | YRC WORLDWIDE | Industry | Kansas |
|---|---|---|---|
| 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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