This report analyzes and compares BRIGHAM & WOMEN'S FAULKNER HOSPITAL'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
BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. BRIGHAM & WOMEN'S FAULKNER HOSPITAL believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: BRIGHAM & WOMEN'S FAULKNER HOSPITAL believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. BRIGHAM & WOMEN'S FAULKNER HOSPITAL has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: BRIGHAM & WOMEN'S FAULKNER HOSPITAL encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, BRIGHAM & WOMEN'S FAULKNER HOSPITAL supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: BRIGHAM & WOMEN'S FAULKNER HOSPITAL does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a first-class Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: BRIGHAM & WOMEN'S FAULKNER HOSPITAL does not offer tuition reimbursement.
Benefit | BRIGHAM & WOMEN'S FAULKNER HOSPITAL | 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
BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers superb 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 BRIGHAM & WOMEN'S FAULKNER HOSPITAL's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BRIGHAM & WOMEN'S FAULKNER HOSPITAL wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: BRIGHAM & WOMEN'S FAULKNER HOSPITAL cares about its team members' dental health so it offers an extraordinary 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers its team members superior health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. BRIGHAM & WOMEN'S FAULKNER HOSPITAL provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers a good 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. BRIGHAM & WOMEN'S FAULKNER HOSPITAL can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has an exceptional Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | BRIGHAM & WOMEN'S FAULKNER HOSPITAL | 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
BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers first-class financial benefits for employees and their family members. A first-class 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and BRIGHAM & WOMEN'S FAULKNER HOSPITAL will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, BRIGHAM & WOMEN'S FAULKNER HOSPITAL provides resources which will help team members decide what to do with their 401(k) plan. BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has an impressive 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers an excellent 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: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a valuable disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers a good life insurance policy to its team members for an affordable price. BRIGHAM & WOMEN'S FAULKNER HOSPITAL participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: BRIGHAM & WOMEN'S FAULKNER HOSPITAL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: BRIGHAM & WOMEN'S FAULKNER HOSPITAL believes that extraordinary volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why BRIGHAM & WOMEN'S FAULKNER HOSPITAL offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: BRIGHAM & WOMEN'S FAULKNER HOSPITAL has a remarkable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BRIGHAM & WOMEN'S FAULKNER HOSPITAL | 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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