This report analyzes and compares PRINCETON UNIVERSITY INVESTMENT COMPANY'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
PRINCETON UNIVERSITY INVESTMENT COMPANY 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 PRINCETON UNIVERSITY INVESTMENT COMPANY. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: PRINCETON UNIVERSITY INVESTMENT COMPANY continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that PRINCETON UNIVERSITY INVESTMENT COMPANY uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: PRINCETON UNIVERSITY INVESTMENT COMPANY believes that an exceptional coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: PRINCETON UNIVERSITY INVESTMENT COMPANY encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, PRINCETON UNIVERSITY INVESTMENT COMPANY supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: PRINCETON UNIVERSITY INVESTMENT COMPANY has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: PRINCETON UNIVERSITY INVESTMENT COMPANY is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, PRINCETON UNIVERSITY INVESTMENT COMPANY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: PRINCETON UNIVERSITY INVESTMENT COMPANY is aware of the difficulties that new employees might experience when they join the team. That's why PRINCETON UNIVERSITY INVESTMENT COMPANY has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: PRINCETON UNIVERSITY INVESTMENT COMPANY 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: PRINCETON UNIVERSITY INVESTMENT COMPANY 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 | PRINCETON UNIVERSITY INVESTMENT COMPANY | 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
PRINCETON UNIVERSITY INVESTMENT COMPANY offers superior 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 PRINCETON UNIVERSITY INVESTMENT COMPANY's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PRINCETON UNIVERSITY INVESTMENT COMPANY does not offer counseling.
- DENTAL PLAN: PRINCETON UNIVERSITY INVESTMENT COMPANY offers a good 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: PRINCETON UNIVERSITY INVESTMENT COMPANY offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: PRINCETON UNIVERSITY INVESTMENT COMPANY 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: To financially help its team members with medical emergencies, PRINCETON UNIVERSITY INVESTMENT COMPANY offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, PRINCETON UNIVERSITY INVESTMENT COMPANY has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: PRINCETON UNIVERSITY INVESTMENT COMPANY has a suitable 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. PRINCETON UNIVERSITY INVESTMENT COMPANY can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: PRINCETON UNIVERSITY INVESTMENT COMPANY 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 | PRINCETON UNIVERSITY INVESTMENT COMPANY | 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
PRINCETON UNIVERSITY INVESTMENT COMPANY 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: PRINCETON UNIVERSITY INVESTMENT COMPANY 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, PRINCETON UNIVERSITY INVESTMENT COMPANY 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, PRINCETON UNIVERSITY INVESTMENT COMPANY offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: PRINCETON UNIVERSITY INVESTMENT COMPANY 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: PRINCETON UNIVERSITY INVESTMENT COMPANY has an exceptional 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: PRINCETON UNIVERSITY INVESTMENT COMPANY offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: PRINCETON UNIVERSITY INVESTMENT COMPANY acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: PRINCETON UNIVERSITY INVESTMENT COMPANY offers a first-class 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: PRINCETON UNIVERSITY INVESTMENT COMPANY 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: PRINCETON UNIVERSITY INVESTMENT COMPANY offers an extraordinary life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: PRINCETON UNIVERSITY INVESTMENT COMPANY wants for its team members to lead a happy and fulfilled life so it has a suitable 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: PRINCETON UNIVERSITY INVESTMENT COMPANY does not offer paid volunteer time off.
- PARENTAL LEAVE: PRINCETON UNIVERSITY INVESTMENT COMPANY has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PRINCETON UNIVERSITY INVESTMENT COMPANY | 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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