This report analyzes and compares MONTEFIORE MEDICAL CENTER's employee health insurance and employee benefits with its industry and in New York 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
MONTEFIORE MEDICAL CENTER offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MONTEFIORE MEDICAL CENTER believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: MONTEFIORE MEDICAL CENTER believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. MONTEFIORE MEDICAL CENTER has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MONTEFIORE MEDICAL CENTER 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: MONTEFIORE MEDICAL CENTER encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, MONTEFIORE MEDICAL CENTER 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: MONTEFIORE MEDICAL CENTER does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: MONTEFIORE MEDICAL CENTER offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by MONTEFIORE MEDICAL CENTER to grow as leaders and learn how to make tough calls.
- ONBOARDING: MONTEFIORE MEDICAL CENTER does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MONTEFIORE MEDICAL CENTER implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MONTEFIORE MEDICAL CENTER realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | MONTEFIORE MEDICAL CENTER | Industry | New York |
|---|---|---|---|
| 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
MONTEFIORE MEDICAL CENTER 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 MONTEFIORE MEDICAL CENTER's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MONTEFIORE MEDICAL CENTER wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: MONTEFIORE MEDICAL CENTER 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: MONTEFIORE MEDICAL CENTER offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, MONTEFIORE MEDICAL CENTER offers valuable health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: MONTEFIORE MEDICAL CENTER 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, MONTEFIORE MEDICAL CENTER has created a superb maternity support program to support its expecting team members.
- TELEHEALTH: MONTEFIORE MEDICAL CENTER has an extraordinary 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: MONTEFIORE MEDICAL CENTER offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | MONTEFIORE MEDICAL CENTER | Industry | New York |
|---|---|---|---|
| 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
MONTEFIORE MEDICAL CENTER offers superior financial benefits for employees and their family members. A superior 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: MONTEFIORE MEDICAL CENTER has a superior 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. MONTEFIORE MEDICAL CENTER provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superior MONTEFIORE MEDICAL CENTER has Matching program that matches 75% of employees' contributions. Whatever MONTEFIORE MEDICAL CENTER contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MONTEFIORE MEDICAL CENTER. Recognizing that every team member is unique, with specific needs and goals, MONTEFIORE MEDICAL CENTER keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MONTEFIORE MEDICAL CENTER has an outstanding 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: MONTEFIORE MEDICAL CENTER has an extraordinary bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: MONTEFIORE MEDICAL CENTER cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: MONTEFIORE MEDICAL CENTER has a good 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: MONTEFIORE MEDICAL CENTER offers an extraordinary 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: MONTEFIORE MEDICAL CENTER 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: MONTEFIORE MEDICAL CENTER has a remarkable 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: MONTEFIORE MEDICAL CENTER 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: MONTEFIORE MEDICAL CENTER does not offer paid volunteer time off.
- PARENTAL LEAVE: MONTEFIORE MEDICAL CENTER has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MONTEFIORE MEDICAL CENTER | Industry | New York |
|---|---|---|---|
| 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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