This report analyzes and compares COOPER UNIVERSITY HEALTH CARE's employee health insurance and employee benefits with its industry and in New Jersey 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
COOPER UNIVERSITY HEALTH CARE has superior 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 COOPER UNIVERSITY HEALTH CARE. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: COOPER UNIVERSITY HEALTH CARE continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that COOPER UNIVERSITY HEALTH CARE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: COOPER UNIVERSITY HEALTH CARE believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: exceptional development resources are what allows COOPER UNIVERSITY HEALTH CARE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: COOPER UNIVERSITY HEALTH CARE has a superior policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: COOPER UNIVERSITY HEALTH CARE offers a wide variety of superb courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by COOPER UNIVERSITY HEALTH CARE to grow as leaders and learn how to make tough calls.
- ONBOARDING: COOPER UNIVERSITY HEALTH CARE is aware of the difficulties that new employees might experience when they join the team. That's why COOPER UNIVERSITY HEALTH CARE has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: COOPER UNIVERSITY HEALTH CARE 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: COOPER UNIVERSITY HEALTH CARE 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 COOPER UNIVERSITY HEALTH CARE.
Benefit | COOPER UNIVERSITY HEALTH CARE | Industry | New Jersey |
|---|---|---|---|
| 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
COOPER UNIVERSITY HEALTH CARE has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable 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 suitable healthcare spending account at their disposal.
- COUNSELING: COOPER UNIVERSITY HEALTH CARE wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its top-notch 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: COOPER UNIVERSITY HEALTH CARE 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: COOPER UNIVERSITY HEALTH CARE offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: COOPER UNIVERSITY HEALTH CARE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: COOPER UNIVERSITY HEALTH CARE has a top-notch 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: Aware of the challenges that come with pregnancy, COOPER UNIVERSITY HEALTH CARE has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: COOPER UNIVERSITY HEALTH CARE has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. COOPER UNIVERSITY HEALTH CARE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: COOPER UNIVERSITY HEALTH CARE offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | COOPER UNIVERSITY HEALTH CARE | Industry | New Jersey |
|---|---|---|---|
| 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
COOPER UNIVERSITY HEALTH CARE 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: COOPER UNIVERSITY HEALTH CARE 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 COOPER UNIVERSITY HEALTH CARE 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, COOPER UNIVERSITY HEALTH CARE provides resources which will help team members decide what to do with their 401(k) plan. COOPER UNIVERSITY HEALTH CARE offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: COOPER UNIVERSITY HEALTH CARE has a first-class 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 COOPER UNIVERSITY HEALTH CARE.
- BONUS PAY: COOPER UNIVERSITY HEALTH CARE offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for COOPER UNIVERSITY HEALTH CARE, and encourage others to do the same.
- CHILDCARE DISCOUNT: COOPER UNIVERSITY HEALTH CARE has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: COOPER UNIVERSITY HEALTH CARE offers impressive 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: COOPER UNIVERSITY HEALTH CARE offers a superb 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: COOPER UNIVERSITY HEALTH CARE has an impressive 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: COOPER UNIVERSITY HEALTH CARE has a superior 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: COOPER UNIVERSITY HEALTH CARE has an excellent 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: COOPER UNIVERSITY HEALTH CARE believes that exceptional volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why COOPER UNIVERSITY HEALTH CARE offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: COOPER UNIVERSITY HEALTH CARE has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | COOPER UNIVERSITY HEALTH CARE | Industry | New Jersey |
|---|---|---|---|
| 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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