This report analyzes and compares AMPHASTAR PHARMACEUTICALS' employee health insurance and employee benefits with its industry and in California 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
AMPHASTAR PHARMACEUTICALS has superb 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 AMPHASTAR PHARMACEUTICALS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: AMPHASTAR PHARMACEUTICALS believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. AMPHASTAR PHARMACEUTICALS has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, AMPHASTAR PHARMACEUTICALS can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: AMPHASTAR PHARMACEUTICALS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: AMPHASTAR PHARMACEUTICALS has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: AMPHASTAR PHARMACEUTICALS offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by AMPHASTAR PHARMACEUTICALS to grow as leaders and learn how to make tough calls.
- ONBOARDING: AMPHASTAR PHARMACEUTICALS offers a first-class Onboarding program for its new team members. Employees receive a personalized support in an effort to bring them up to date and successfully integrate them into existing teams and projects.
- RECOGNITION PROGRAMS: AMPHASTAR PHARMACEUTICALS knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to AMPHASTAR PHARMACEUTICALS.
- TUITION REIMBURSEMENT: AMPHASTAR PHARMACEUTICALS has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at AMPHASTAR PHARMACEUTICALS.
Benefit | AMPHASTAR PHARMACEUTICALS | Industry | California |
|---|---|---|---|
| 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
AMPHASTAR PHARMACEUTICALS offers superior 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 AMPHASTAR PHARMACEUTICALS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: AMPHASTAR PHARMACEUTICALS does not offer counseling.
- DENTAL PLAN: AMPHASTAR PHARMACEUTICALS cares about its team members' dental health so it offers an exceptional 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: AMPHASTAR PHARMACEUTICALS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: AMPHASTAR PHARMACEUTICALS is aware of the fact that a healthy employee is a productive employee so it offers excellent health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: AMPHASTAR PHARMACEUTICALS offers an exceptional healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, AMPHASTAR PHARMACEUTICALS has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: AMPHASTAR PHARMACEUTICALS does not offer telehealth.
- VISION PLAN: AMPHASTAR PHARMACEUTICALS provides a top-notch 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 | AMPHASTAR PHARMACEUTICALS | Industry | California |
|---|---|---|---|
| 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
AMPHASTAR PHARMACEUTICALS offers remarkable financial benefits for employees and their family members. A remarkable 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: AMPHASTAR PHARMACEUTICALS has a superb 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. AMPHASTAR PHARMACEUTICALS provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superb AMPHASTAR PHARMACEUTICALS has Matching program that matches 75% of employees' contributions. Whatever AMPHASTAR PHARMACEUTICALS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave AMPHASTAR PHARMACEUTICALS. Recognizing that every team member is unique, with specific needs and goals, AMPHASTAR PHARMACEUTICALS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: AMPHASTAR PHARMACEUTICALS has an excellent Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: AMPHASTAR PHARMACEUTICALS has a solid 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: AMPHASTAR PHARMACEUTICALS does not offer childcare discount.
- COMMUTER BENEFIT: AMPHASTAR PHARMACEUTICALS offers outstanding 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: AMPHASTAR PHARMACEUTICALS offers an exceptional 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: AMPHASTAR PHARMACEUTICALS has an exceptional disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: AMPHASTAR PHARMACEUTICALS has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: AMPHASTAR PHARMACEUTICALS has an extraordinary vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: AMPHASTAR PHARMACEUTICALS has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, AMPHASTAR PHARMACEUTICALS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: AMPHASTAR PHARMACEUTICALS has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | AMPHASTAR PHARMACEUTICALS | Industry | California |
|---|---|---|---|
| 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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