This report analyzes and compares CHARLES RIVER LABORATORIES INTERNATIONAL'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
CHARLES RIVER LABORATORIES INTERNATIONAL has remarkable 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 CHARLES RIVER LABORATORIES INTERNATIONAL. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CHARLES RIVER LABORATORIES INTERNATIONAL offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, CHARLES RIVER LABORATORIES INTERNATIONAL makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: By using a great coaching and mentoring program, CHARLES RIVER LABORATORIES INTERNATIONAL can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: CHARLES RIVER LABORATORIES INTERNATIONAL offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: CHARLES RIVER LABORATORIES INTERNATIONAL has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: CHARLES RIVER LABORATORIES INTERNATIONAL offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CHARLES RIVER LABORATORIES INTERNATIONAL to grow as leaders and learn how to make tough calls.
- 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 CHARLES RIVER LABORATORIES INTERNATIONAL offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: CHARLES RIVER LABORATORIES INTERNATIONAL 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 CHARLES RIVER LABORATORIES INTERNATIONAL.
- TUITION REIMBURSEMENT: CHARLES RIVER LABORATORIES INTERNATIONAL does not offer tuition reimbursement.
Benefit | CHARLES RIVER LABORATORIES INTERNATIONAL | 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
CHARLES RIVER LABORATORIES INTERNATIONAL offers top-notch 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 CHARLES RIVER LABORATORIES INTERNATIONAL's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CHARLES RIVER LABORATORIES INTERNATIONAL wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class 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: CHARLES RIVER LABORATORIES INTERNATIONAL 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: CHARLES RIVER LABORATORIES INTERNATIONAL offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CHARLES RIVER LABORATORIES INTERNATIONAL does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: CHARLES RIVER LABORATORIES INTERNATIONAL offers an extraordinary 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, CHARLES RIVER LABORATORIES INTERNATIONAL has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: CHARLES RIVER LABORATORIES INTERNATIONAL has a suitable 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. CHARLES RIVER LABORATORIES INTERNATIONAL can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: CHARLES RIVER LABORATORIES INTERNATIONAL 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 | CHARLES RIVER LABORATORIES INTERNATIONAL | 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
CHARLES RIVER LABORATORIES INTERNATIONAL 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: CHARLES RIVER LABORATORIES INTERNATIONAL has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, CHARLES RIVER LABORATORIES INTERNATIONAL offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, CHARLES RIVER LABORATORIES INTERNATIONAL offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CHARLES RIVER LABORATORIES INTERNATIONAL has a superior Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by CHARLES RIVER LABORATORIES INTERNATIONAL.
- BONUS PAY: CHARLES RIVER LABORATORIES INTERNATIONAL 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: CHARLES RIVER LABORATORIES INTERNATIONAL has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: CHARLES RIVER LABORATORIES INTERNATIONAL 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: CHARLES RIVER LABORATORIES INTERNATIONAL has a great daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: CHARLES RIVER LABORATORIES INTERNATIONAL offers a superb short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: CHARLES RIVER LABORATORIES INTERNATIONAL has a superb 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: CHARLES RIVER LABORATORIES INTERNATIONAL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why CHARLES RIVER LABORATORIES INTERNATIONAL has a superb vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: CHARLES RIVER LABORATORIES INTERNATIONAL has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, CHARLES RIVER LABORATORIES INTERNATIONAL stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: CHARLES RIVER LABORATORIES INTERNATIONAL has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CHARLES RIVER LABORATORIES INTERNATIONAL | 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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