Cabela's Benefit Report
HRM 599-Benefits
Table of Contents
Organization Profile 3
Benefit Plan Review 3
References 6
Organizational Profile
The organization I have selected for the course project for a comprehensive benefit plan is Cabela’s Inc. which is the World’s Foremost Outfitter which is headquartered in Sydney, Nebraska. As of the present time Cabela’s has approximately 50 stores that are open or will be open by the end of the month. The company is a growing franchise that is opening up several more over the next few years. According to the 2012 Annual Report, Cabela’s had 15,200 employees which only 6,900 were on full-time status. Each location will have a certain number of employees depending on the market and size of store where most locations built in 2012 and after will be outposts and not retail stores which are larger and have more employees to be staffed. The competition of Cabela’s in which they compete against are in large and highly competitive markets …show more content…
Here is the breakdown of benefits that they offer:
Financial benefits
401K Savings Plan-Cabela’s will match dollar for dollar up to 4% of employees pay for eligible employees
Employee Stock Purchase Plan-Cabela’s assists their employees in allowing them to buy stock at a discounted rate of 15%
College Savings Plan-All employees are allowed to participate in the Nebraska Educational Savings Trust (NEST) where the company will help your children attend school
Health benefits
Medical is offered through Blue Cross/Blue Shield to employees who are on a full time status through a PPO network and if enrolled are also automatically enrolled in the prescription drug and Delta Dental
Wellness is offered to full time employees and give them access to a wide range of personal wellness issues and also offer flu shots
Table of Contents
Organization Profile 3
Benefit Plan Review 3
References 6
Organizational Profile
The organization I have selected for the course project for a comprehensive benefit plan is Cabela’s Inc. which is the World’s Foremost Outfitter which is headquartered in Sydney, Nebraska. As of the present time Cabela’s has approximately 50 stores that are open or will be open by the end of the month. The company is a growing franchise that is opening up several more over the next few years. According to the 2012 Annual Report, Cabela’s had 15,200 employees which only 6,900 were on full-time status. Each location will have a certain number of employees depending on the market and size of store where most locations built in 2012 and after will be outposts and not retail stores which are larger and have more employees to be staffed. The competition of Cabela’s in which they compete against are in large and highly competitive markets …show more content…
Here is the breakdown of benefits that they offer:
Financial benefits
401K Savings Plan-Cabela’s will match dollar for dollar up to 4% of employees pay for eligible employees
Employee Stock Purchase Plan-Cabela’s assists their employees in allowing them to buy stock at a discounted rate of 15%
College Savings Plan-All employees are allowed to participate in the Nebraska Educational Savings Trust (NEST) where the company will help your children attend school
Health benefits
Medical is offered through Blue Cross/Blue Shield to employees who are on a full time status through a PPO network and if enrolled are also automatically enrolled in the prescription drug and Delta Dental
Wellness is offered to full time employees and give them access to a wide range of personal wellness issues and also offer flu shots