This report analyzes and compares HARVARD STEM CELL INSTITUTE'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
HARVARD STEM CELL INSTITUTE 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 HARVARD STEM CELL INSTITUTE. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: HARVARD STEM CELL INSTITUTE continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that HARVARD STEM CELL INSTITUTE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: HARVARD STEM CELL INSTITUTE does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: HARVARD STEM CELL INSTITUTE encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, HARVARD STEM CELL INSTITUTE supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: HARVARD STEM CELL INSTITUTE has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: HARVARD STEM CELL INSTITUTE believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that HARVARD STEM CELL INSTITUTE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: HARVARD STEM CELL INSTITUTE does not offer onboarding.
- RECOGNITION PROGRAMS: HARVARD STEM CELL INSTITUTE has a superb 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: HARVARD STEM CELL INSTITUTE has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | HARVARD STEM CELL INSTITUTE | 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
HARVARD STEM CELL INSTITUTE 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 HARVARD STEM CELL INSTITUTE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HARVARD STEM CELL INSTITUTE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why HARVARD STEM CELL INSTITUTE implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: HARVARD STEM CELL INSTITUTE cares about its team members' dental health so it offers an impressive 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: HARVARD STEM CELL INSTITUTE offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: HARVARD STEM CELL INSTITUTE offers its team members superb 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. HARVARD STEM CELL INSTITUTE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: HARVARD STEM CELL INSTITUTE offers an excellent 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: HARVARD STEM CELL INSTITUTE offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: HARVARD STEM CELL INSTITUTE does not offer telehealth.
- VISION PLAN: HARVARD STEM CELL INSTITUTE provides a superb 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 | HARVARD STEM CELL INSTITUTE | 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
HARVARD STEM CELL INSTITUTE offers superb financial benefits for employees and their family members. A superb 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: HARVARD STEM CELL INSTITUTE has an impressive 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, HARVARD STEM CELL INSTITUTE offers an impressive 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, HARVARD STEM CELL INSTITUTE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: HARVARD STEM CELL INSTITUTE does not offer adoption assistance reimbursement.
- BONUS PAY: HARVARD STEM CELL INSTITUTE has a suitable 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: HARVARD STEM CELL INSTITUTE cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: HARVARD STEM CELL INSTITUTE 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: HARVARD STEM CELL INSTITUTE offers an exceptional 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: HARVARD STEM CELL INSTITUTE offers a top-notch 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: HARVARD STEM CELL INSTITUTE offers a suitable life insurance policy to its team members for an affordable price. HARVARD STEM CELL INSTITUTE 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: HARVARD STEM CELL INSTITUTE has an outstanding 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: HARVARD STEM CELL INSTITUTE believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why HARVARD STEM CELL INSTITUTE offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: HARVARD STEM CELL INSTITUTE has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HARVARD STEM CELL INSTITUTE | 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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