This report analyzes and compares ZIMMER BIOMET HOLDINGS' employee health insurance and employee benefits with its industry and in Indiana 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
ZIMMER BIOMET HOLDINGS 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 ZIMMER BIOMET HOLDINGS. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: ZIMMER BIOMET HOLDINGS continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that ZIMMER BIOMET HOLDINGS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ZIMMER BIOMET HOLDINGS believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: ZIMMER BIOMET HOLDINGS 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: ZIMMER BIOMET HOLDINGS has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: ZIMMER BIOMET HOLDINGS offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ZIMMER BIOMET HOLDINGS to grow as leaders and learn how to make tough calls.
- ONBOARDING: ZIMMER BIOMET HOLDINGS does not offer onboarding.
- RECOGNITION PROGRAMS: ZIMMER BIOMET HOLDINGS knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to ZIMMER BIOMET HOLDINGS.
- TUITION REIMBURSEMENT: ZIMMER BIOMET HOLDINGS does not offer tuition reimbursement.
Benefit | ZIMMER BIOMET HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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
ZIMMER BIOMET HOLDINGS offers top-notch 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 ZIMMER BIOMET HOLDINGS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ZIMMER BIOMET HOLDINGS 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: ZIMMER BIOMET HOLDINGS offers a suitable 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: ZIMMER BIOMET HOLDINGS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ZIMMER BIOMET HOLDINGS offers its team members first-class 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. ZIMMER BIOMET HOLDINGS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, ZIMMER BIOMET HOLDINGS offers a good 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: ZIMMER BIOMET HOLDINGS offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ZIMMER BIOMET HOLDINGS has implemented a superb telehealth policy for its members to use any time of the day, every single day. ZIMMER BIOMET HOLDINGS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: ZIMMER BIOMET HOLDINGS provides a first-class 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 | ZIMMER BIOMET HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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 good financial benefits at ZIMMER BIOMET HOLDINGS. 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. ZIMMER BIOMET HOLDINGS offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect ZIMMER BIOMET HOLDINGS to partially cover the expenses.
- 401(K) PLAN: ZIMMER BIOMET HOLDINGS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ZIMMER BIOMET HOLDINGS does not offer adoption assistance reimbursement.
- BONUS PAY: ZIMMER BIOMET HOLDINGS has a great 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: ZIMMER BIOMET HOLDINGS does not offer childcare discount.
- COMMUTER BENEFIT: ZIMMER BIOMET HOLDINGS 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: ZIMMER BIOMET HOLDINGS offers a remarkable 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: ZIMMER BIOMET HOLDINGS offers a remarkable 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: ZIMMER BIOMET HOLDINGS offers a great life insurance policy to its team members for an affordable price. ZIMMER BIOMET HOLDINGS 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: ZIMMER BIOMET HOLDINGS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ZIMMER BIOMET HOLDINGS has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ZIMMER BIOMET HOLDINGS does not offer paid volunteer time off.
- PARENTAL LEAVE: ZIMMER BIOMET HOLDINGS has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ZIMMER BIOMET HOLDINGS | Industry | Indiana |
|---|---|---|---|
| 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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