This report analyzes and compares CARNEGIE MELLON CYLAB's employee health insurance and employee benefits with its industry and in Pennsylvania 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
CARNEGIE MELLON CYLAB has first-class 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 CARNEGIE MELLON CYLAB. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CARNEGIE MELLON CYLAB continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that CARNEGIE MELLON CYLAB uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, CARNEGIE MELLON CYLAB can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: CARNEGIE MELLON CYLAB encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, CARNEGIE MELLON CYLAB supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: CARNEGIE MELLON CYLAB has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CARNEGIE MELLON CYLAB does not offer leadership programs.
- ONBOARDING: CARNEGIE MELLON CYLAB does not offer onboarding.
- RECOGNITION PROGRAMS: CARNEGIE MELLON CYLAB 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 CARNEGIE MELLON CYLAB.
- TUITION REIMBURSEMENT: CARNEGIE MELLON CYLAB realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | CARNEGIE MELLON CYLAB | Industry | Pennsylvania |
|---|---|---|---|
| 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
CARNEGIE MELLON CYLAB offers first-class 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 CARNEGIE MELLON CYLAB's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CARNEGIE MELLON CYLAB is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why CARNEGIE MELLON CYLAB implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: CARNEGIE MELLON CYLAB offers a suitable 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: CARNEGIE MELLON CYLAB provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: CARNEGIE MELLON CYLAB 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. CARNEGIE MELLON CYLAB provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: CARNEGIE MELLON CYLAB has a first-class healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: CARNEGIE MELLON CYLAB offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: CARNEGIE MELLON CYLAB does not offer telehealth.
- VISION PLAN: CARNEGIE MELLON CYLAB has an impressive 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 | CARNEGIE MELLON CYLAB | Industry | Pennsylvania |
|---|---|---|---|
| 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
Team members enjoy suitable financial benefits at CARNEGIE MELLON CYLAB. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. CARNEGIE MELLON CYLAB offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CARNEGIE MELLON CYLAB to partially cover the expenses.
- 401(K) PLAN: CARNEGIE MELLON CYLAB knows how important it is to think about retirement and start saving on time. That's why it offers a good 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 CARNEGIE MELLON CYLAB 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, CARNEGIE MELLON CYLAB provides resources which will help team members decide what to do with their 401(k) plan. CARNEGIE MELLON CYLAB offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CARNEGIE MELLON CYLAB 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: CARNEGIE MELLON CYLAB offers superb bonuses to team members who excel in their field of work, provide extraordinary results for CARNEGIE MELLON CYLAB, and encourage others to do the same.
- CHILDCARE DISCOUNT: CARNEGIE MELLON CYLAB does not offer childcare discount.
- COMMUTER BENEFIT: CARNEGIE MELLON CYLAB 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: CARNEGIE MELLON CYLAB offers a top-notch daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: CARNEGIE MELLON CYLAB has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CARNEGIE MELLON CYLAB offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: CARNEGIE MELLON CYLAB wants for its team members to lead a happy and fulfilled life so it has a good 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: CARNEGIE MELLON CYLAB recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by CARNEGIE MELLON CYLAB, on volunteer work of their choice.
- PARENTAL LEAVE: CARNEGIE MELLON CYLAB has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CARNEGIE MELLON CYLAB | Industry | Pennsylvania |
|---|---|---|---|
| 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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