Health Benefits and Wellness Program
Amazing benefits and a great HR team while I was there for almost 8 years!!!!
Decent benefits overall (for CPG industry) and weakly administered and promoted due to a constantly turning over and poorly engaged Americas HR team. One "benefits fair" per year - So plan on taking charge and learn how to administer your own benefits (-1 star for passive HR team). Company pays approx. 3/4 of medical and dental insurance premiums. Choices limited to Anthem Blue Cross and Kaiser for medical and Delta for dental. Basic life of 1x salary paid by company that expires immediately upon termination of employment - so just get your own term life plan. 401k plan with safe harbor match (immediate vesting is good), but a second-tier plan administrator (Prudential) and no true up on employer match (watch out - no rewards for saving early). Fund selections are decent and still have room for improvement. Employee assistance plan (EAP) at no cost and you will need the counseling as working at TWE will cause massive amounts of stress, anxiety, depression, and general life imbalance. Alleged "wellness" program that will reimburse some fraction ($50/mo) of gym membership or on-site chair massage. Then again, good luck finding time to go to the gym when you work at TWE. Extended leave is primarily driven by FMLA and CA SDI for maternity/paternity; so yes they have leave but it's not much beyond what the law requires. Leave is managed by a 3rd party and thank goodness because HR would probably stuff it up. Vacation leave accrual is 15 days per year; good luck finding time (or the mgt support) to take a vacation other than the week between Christmas and New Years. Sick leave is circa 10 days per year (non-transferable at departure) and you will need it in order to get to medical/dental appointments and for the EAP counseling sessions. Kudos to payroll team, a paycheck never bounces or arrives late. If they make a mistake, they correct it quickly. Vision plan is VSP (nothing fancy) but company pays 2/3 of premium. Long and short-term disability 100% company paid and options for employee paid supplemental life, AD&D, etc. FSA but no Health Savings Account. Employee stock purchase plan (ESPP) that they are very proud of, but absolutely backwoods when compared to most offered by US public firms. It takes 2-3 years to vest in matched shares and you purchase shares at market price via payroll deduction . You also have to use an absolutely terrible broker from Australia (Computershare). Tuition assistance - forget about it and even if they had it you won't have the time off of the clock to better yourself. Product allowance of circa $250/yr redeemable at employee store and winery tasting rooms (typ. 50% off retail). Lastly, no forum exists nor is there any interest by the company leadership to solicit feedback on benefits. You have to rely on places like Glassdoor to get the feedback in front of them. Question is: Do they take action let alone even bother to read it?
I did not pick additional benefits and still had to pay over $200 a month
Treasury has a comprehensive benefits package (Vacation, medical, dental, 401K with company match). They are focused on adding more benefits that attract/retain top talent. Adding extended maternity/paternity paid benefits!
Health insurance is expensive. There is 401K matching but not 1:1. Immediate vesting.
Current benefit plan is a good offering by Treasury
Overall benefits package is what is expected in the area. Several health insurance options to choose from and the company funds a majority of the premium. I wish the 401k matching was a bit higher. Discounts on wine and tastings at company tasting rooms around the Napa area
Benefits were pretty good. Can't complain
Fair medical, dental vision. 401K match. Wellness reimbursement. Standard vacation, holiday, sick time accrued.
List based on reports from current and former employees. It may not be complete.