This report analyzes and compares MIT ENTERPRISE FORUM OF CAMBRIDGE'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
MIT ENTERPRISE FORUM OF CAMBRIDGE offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MIT ENTERPRISE FORUM OF CAMBRIDGE believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: MIT ENTERPRISE FORUM OF CAMBRIDGE 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. MIT ENTERPRISE FORUM OF CAMBRIDGE has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a solid coaching and mentoring program, MIT ENTERPRISE FORUM OF CAMBRIDGE can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: MIT ENTERPRISE FORUM OF CAMBRIDGE 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: MIT ENTERPRISE FORUM OF CAMBRIDGE has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: MIT ENTERPRISE FORUM OF CAMBRIDGE is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, MIT ENTERPRISE FORUM OF CAMBRIDGE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: MIT ENTERPRISE FORUM OF CAMBRIDGE is aware of the difficulties that new employees might experience when they join the team. That's why MIT ENTERPRISE FORUM OF CAMBRIDGE has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: MIT ENTERPRISE FORUM OF CAMBRIDGE has a top-notch 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: MIT ENTERPRISE FORUM OF CAMBRIDGE does not offer tuition reimbursement.
Benefit | MIT ENTERPRISE FORUM OF CAMBRIDGE | 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
MIT ENTERPRISE FORUM OF CAMBRIDGE 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 MIT ENTERPRISE FORUM OF CAMBRIDGE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MIT ENTERPRISE FORUM OF CAMBRIDGE has an outstanding counseling program for its employees and their family members. Team members are encouraged by MIT ENTERPRISE FORUM OF CAMBRIDGE to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: MIT ENTERPRISE FORUM OF CAMBRIDGE 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: MIT ENTERPRISE FORUM OF CAMBRIDGE offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: MIT ENTERPRISE FORUM OF CAMBRIDGE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: MIT ENTERPRISE FORUM OF CAMBRIDGE offers an impressive 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: MIT ENTERPRISE FORUM OF CAMBRIDGE offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MIT ENTERPRISE FORUM OF CAMBRIDGE has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: MIT ENTERPRISE FORUM OF CAMBRIDGE offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | MIT ENTERPRISE FORUM OF CAMBRIDGE | 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
MIT ENTERPRISE FORUM OF CAMBRIDGE offers remarkable financial benefits for employees and their family members. A remarkable 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: MIT ENTERPRISE FORUM OF CAMBRIDGE 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, MIT ENTERPRISE FORUM OF CAMBRIDGE 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, MIT ENTERPRISE FORUM OF CAMBRIDGE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MIT ENTERPRISE FORUM OF CAMBRIDGE has a great Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: MIT ENTERPRISE FORUM OF CAMBRIDGE offers superior bonuses to team members who excel in their field of work, provide extraordinary results for MIT ENTERPRISE FORUM OF CAMBRIDGE, and encourage others to do the same.
- CHILDCARE DISCOUNT: MIT ENTERPRISE FORUM OF CAMBRIDGE does not offer childcare discount.
- COMMUTER BENEFIT: MIT ENTERPRISE FORUM OF CAMBRIDGE acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: MIT ENTERPRISE FORUM OF CAMBRIDGE 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: MIT ENTERPRISE FORUM OF CAMBRIDGE has a suitable 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 suitable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: MIT ENTERPRISE FORUM OF CAMBRIDGE offers a solid life insurance policy to its team members for an affordable price. MIT ENTERPRISE FORUM OF CAMBRIDGE 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: MIT ENTERPRISE FORUM OF CAMBRIDGE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MIT ENTERPRISE FORUM OF CAMBRIDGE has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MIT ENTERPRISE FORUM OF CAMBRIDGE does not offer paid volunteer time off.
- PARENTAL LEAVE: MIT ENTERPRISE FORUM OF CAMBRIDGE has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MIT ENTERPRISE FORUM OF CAMBRIDGE | 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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