This report analyzes and compares PHARMACEUTICAL PRODUCT DEVELOPMENT's employee health insurance and employee benefits with its industry and in North Carolina 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
PHARMACEUTICAL PRODUCT DEVELOPMENT 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 PHARMACEUTICAL PRODUCT DEVELOPMENT. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PHARMACEUTICAL PRODUCT DEVELOPMENT continually evaluates its team members to determine the potential and direction of employees' careers. The extraordinary tools that PHARMACEUTICAL PRODUCT DEVELOPMENT uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: PHARMACEUTICAL PRODUCT DEVELOPMENT offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows PHARMACEUTICAL PRODUCT DEVELOPMENT to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: PHARMACEUTICAL PRODUCT DEVELOPMENT has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: PHARMACEUTICAL PRODUCT DEVELOPMENT does not offer leadership programs.
- ONBOARDING: PHARMACEUTICAL PRODUCT DEVELOPMENT is aware of the difficulties that new employees might experience when they join the team. That's why PHARMACEUTICAL PRODUCT DEVELOPMENT has a solid Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, PHARMACEUTICAL PRODUCT DEVELOPMENT implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: PHARMACEUTICAL PRODUCT DEVELOPMENT realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | PHARMACEUTICAL PRODUCT DEVELOPMENT | Industry | North Carolina |
|---|---|---|---|
| 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
PHARMACEUTICAL PRODUCT DEVELOPMENT 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 PHARMACEUTICAL PRODUCT DEVELOPMENT's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PHARMACEUTICAL PRODUCT DEVELOPMENT does not offer counseling.
- DENTAL PLAN: PHARMACEUTICAL PRODUCT DEVELOPMENT cares about its team members' dental health so it offers an exceptional 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: PHARMACEUTICAL PRODUCT DEVELOPMENT offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PHARMACEUTICAL PRODUCT DEVELOPMENT is aware of the fact that a healthy employee is a productive employee so it offers impressive health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: PHARMACEUTICAL PRODUCT DEVELOPMENT 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: PHARMACEUTICAL PRODUCT DEVELOPMENT offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: PHARMACEUTICAL PRODUCT DEVELOPMENT has a valuable 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. PHARMACEUTICAL PRODUCT DEVELOPMENT can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: PHARMACEUTICAL PRODUCT DEVELOPMENT has an outstanding Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | PHARMACEUTICAL PRODUCT DEVELOPMENT | Industry | North Carolina |
|---|---|---|---|
| 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
PHARMACEUTICAL PRODUCT DEVELOPMENT 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: PHARMACEUTICAL PRODUCT DEVELOPMENT 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, PHARMACEUTICAL PRODUCT DEVELOPMENT 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, PHARMACEUTICAL PRODUCT DEVELOPMENT offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PHARMACEUTICAL PRODUCT DEVELOPMENT does not offer adoption assistance reimbursement.
- BONUS PAY: PHARMACEUTICAL PRODUCT DEVELOPMENT has a valuable 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: PHARMACEUTICAL PRODUCT DEVELOPMENT offers a great discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: PHARMACEUTICAL PRODUCT DEVELOPMENT 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: PHARMACEUTICAL PRODUCT DEVELOPMENT has a valuable 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: PHARMACEUTICAL PRODUCT DEVELOPMENT offers a remarkable 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: PHARMACEUTICAL PRODUCT DEVELOPMENT 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: PHARMACEUTICAL PRODUCT DEVELOPMENT wants for its team members to lead a happy and fulfilled life so it has a great vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: PHARMACEUTICAL PRODUCT DEVELOPMENT believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why PHARMACEUTICAL PRODUCT DEVELOPMENT offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: PHARMACEUTICAL PRODUCT DEVELOPMENT has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PHARMACEUTICAL PRODUCT DEVELOPMENT | Industry | North Carolina |
|---|---|---|---|
| 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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