This report analyzes and compares BETH ISRAEL DEACONESS MEDICAL CENTER's employee health insurance and employee benefits with its industry and in Massachusetts 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
BETH ISRAEL DEACONESS MEDICAL CENTER offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. BETH ISRAEL DEACONESS MEDICAL CENTER believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: BETH ISRAEL DEACONESS MEDICAL CENTER offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, BETH ISRAEL DEACONESS MEDICAL CENTER makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: By using a suitable coaching and mentoring program, BETH ISRAEL DEACONESS MEDICAL CENTER can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: BETH ISRAEL DEACONESS MEDICAL CENTER 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: BETH ISRAEL DEACONESS MEDICAL CENTER has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: BETH ISRAEL DEACONESS MEDICAL CENTER offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by BETH ISRAEL DEACONESS MEDICAL CENTER to grow as leaders and learn how to make tough calls.
- ONBOARDING: BETH ISRAEL DEACONESS MEDICAL CENTER does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BETH ISRAEL DEACONESS MEDICAL CENTER implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: BETH ISRAEL DEACONESS MEDICAL CENTER has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at BETH ISRAEL DEACONESS MEDICAL CENTER.
Benefit | BETH ISRAEL DEACONESS MEDICAL CENTER | Industry | Massachusetts |
|---|---|---|---|
| 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
BETH ISRAEL DEACONESS MEDICAL CENTER has great health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers great dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a great healthcare spending account at their disposal.
- COUNSELING: BETH ISRAEL DEACONESS MEDICAL CENTER does not offer counseling.
- DENTAL PLAN: BETH ISRAEL DEACONESS MEDICAL CENTER offers a great 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: BETH ISRAEL DEACONESS MEDICAL CENTER offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, BETH ISRAEL DEACONESS MEDICAL CENTER offers valuable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, BETH ISRAEL DEACONESS MEDICAL CENTER offers a suitable 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: Aware of the challenges that come with pregnancy, BETH ISRAEL DEACONESS MEDICAL CENTER has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: BETH ISRAEL DEACONESS MEDICAL CENTER has an exceptional telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: BETH ISRAEL DEACONESS MEDICAL CENTER offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | BETH ISRAEL DEACONESS MEDICAL CENTER | Industry | Massachusetts |
|---|---|---|---|
| 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
BETH ISRAEL DEACONESS MEDICAL CENTER 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: BETH ISRAEL DEACONESS MEDICAL CENTER has a remarkable 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. BETH ISRAEL DEACONESS MEDICAL CENTER 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 remarkable BETH ISRAEL DEACONESS MEDICAL CENTER has Matching program that matches 75% of employees' contributions. Whatever BETH ISRAEL DEACONESS MEDICAL CENTER contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BETH ISRAEL DEACONESS MEDICAL CENTER. Recognizing that every team member is unique, with specific needs and goals, BETH ISRAEL DEACONESS MEDICAL CENTER keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BETH ISRAEL DEACONESS MEDICAL CENTER does not offer adoption assistance reimbursement.
- BONUS PAY: BETH ISRAEL DEACONESS MEDICAL CENTER has a valuable 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: BETH ISRAEL DEACONESS MEDICAL CENTER offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: BETH ISRAEL DEACONESS MEDICAL CENTER acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BETH ISRAEL DEACONESS MEDICAL CENTER offers an extraordinary 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: BETH ISRAEL DEACONESS MEDICAL CENTER has an outstanding 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: BETH ISRAEL DEACONESS MEDICAL CENTER offers an excellent life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: BETH ISRAEL DEACONESS MEDICAL CENTER wants for its team members to lead a happy and fulfilled life so it has a solid vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: BETH ISRAEL DEACONESS MEDICAL CENTER has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, BETH ISRAEL DEACONESS MEDICAL CENTER stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: BETH ISRAEL DEACONESS MEDICAL CENTER has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BETH ISRAEL DEACONESS MEDICAL CENTER | Industry | Massachusetts |
|---|---|---|---|
| 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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