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A RESEARCH OF FEDEX COMPANY IM HAVING TROUBLE TO FIND THE ANSWER MY QUESTIONS F. Benefits Package: For each category, please describe the type of

A RESEARCH OF FEDEX COMPANY

IM HAVING TROUBLE TO FIND THE ANSWER MY QUESTIONS

F. Benefits Package:

For each category, please describe the type of benefit provided. Be sure to provide the detail requested.

Health benefits: Medical, dental, vision

Type of plan: Indemnity, PPO, HMO or other

Coverage for dependents/spouse/domestic partner

Out-of pocket costs

  • Health insurance: Hospital stays, surgical procedures, and routine health care is covered under the FedEx health insurance plan for workers and their family members.
  • Dental plan: Covers employees and their family members for preventative care, as well as specialized dental work.
  • Vision plan: Vision-related medical devices and vision exams are covered under this companys vision plan.

Flexible benefits spending account (cafeteria plans)

What types of expenses are eligible? (Example: childcare, eye care, prescription drugs)

(Please note that this is a benefits flexible account, not a business expense account)

  • Daycare flexible spending accounts: A daycare spending account facility is available.

Life Insurance

Level of coverage; employer-provided versus employee-paid

  • Life insurance: FedEx offers an affordable life insurance policy paying 50% of premiums.

Defined/guaranteed benefit pension plans

Vesting period, defined benefit versus defined contribution?

401k or 403b individual retirement plan

Company contribution/matching level to individual retirement plan

Vacation time

Vacation and time off policy

Leave policies

Maternity or paternity leave

FMLA requirements: job-guaranteed leave for childbirth, adoption, foster care placement, serious personal medical condition or care of a child or spouse with medical condition

  • Maternity support: Pregnant women have easy access to support, resources, and administrative assistance through the companys maternity program.
  • Parental leave benefits: New mothers and fathers are given parental leave benefits, even if they adopted or fostered children.

Child care

Does the organization provide any of the following at this site or at its corporate headquarters

  1. On-site or near worksite day care?
  2. Payment for childcare with vouchers or subsidies that are direct cost to organization?
  3. Childcare information (information on community day care); Access to information to help locate childcare.

Elder care

Elder care assistance of any type?

Flexible hours/ Flexible work arrangements

Flextime, compressed workweek, job-sharing, telecommuting.

Are only certain job families or positions eligible for flextime or a compressed workweek? If so, which types of jobs are eligible?

Employee Assistance Programs

Provides employee assistance programs (e.g. counseling and referral services, legal services, financial services)

Provides family-life issues workshops or seminars (e.g. parenting, child development, care of elderly?)

  • Counseling: Free access to counselors to talk through work-related grievances and personal problems.

Who is eligible?

Does the organization offer the same benefits you described above to all employees? Are part-time workers eligible for any benefits? If so, how many hours must an employee work to be eligible?

F. Performance Appraisals:

For each category, please describe the feature of the organizations performance appraisal program.

Frequency

How often does the organization conduct performance appraisals? Who appraises or rates the performance of an employee?

Purpose

Is it conducted for administrative or development purposes or for both?

Method

How is information regarding job performance collected?

Does the performance appraisal use any trait methods? Please describe.

Does the performance appraisal use any behavioral methods? Please describe.

Does the performance appraisal use any results methods? Please describe

G. Compensation:

For each category, please describe that feature of the organizations compensation program.

Base pay

Does the organization identify its compensation as below average, average or above average when compared to its industry competitors? Does the organization have any formal compensation policies related to this level?

Value-added Compensation

Which strategic compensation objectives does this organization describe as objectives of its compensation program?

Variable pay

Does this organization offer any type of variable pay (bonuses, merit pay, sales incentives)?

If so, describe the criteria used to aware these incentives.

Profit sharing plans

Does the organization offer a profit sharing plan? How are profit sharing payouts determined? What are the typical levels (lump sum or % of pay) for employee awards?

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