This report analyzes and compares QUEST DIAGNOSTICS' 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
QUEST DIAGNOSTICS offers outstanding career benefits to help its team members achieve their full potential and maximize their contributions to QUEST DIAGNOSTICS with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, QUEST DIAGNOSTICS offers outstanding leadership programs.
- CAREER PLANNING: QUEST DIAGNOSTICS continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that QUEST DIAGNOSTICS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: QUEST DIAGNOSTICS 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: exceptional development resources are what allows QUEST DIAGNOSTICS to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: QUEST DIAGNOSTICS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: QUEST DIAGNOSTICS offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by QUEST DIAGNOSTICS to grow as leaders and learn how to make tough calls.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why QUEST DIAGNOSTICS offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: QUEST DIAGNOSTICS knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to QUEST DIAGNOSTICS.
- TUITION REIMBURSEMENT: QUEST DIAGNOSTICS 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 | QUEST DIAGNOSTICS | 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
QUEST DIAGNOSTICS offers top-notch 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 QUEST DIAGNOSTICS's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: QUEST DIAGNOSTICS has an impressive counseling program for its employees and their family members. Team members are encouraged by QUEST DIAGNOSTICS 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 impressive counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: QUEST DIAGNOSTICS offers its team members remarkable 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. QUEST DIAGNOSTICS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: QUEST DIAGNOSTICS has a top-notch healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: QUEST DIAGNOSTICS has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: QUEST DIAGNOSTICS has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. QUEST DIAGNOSTICS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: QUEST DIAGNOSTICS offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | QUEST DIAGNOSTICS | 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
QUEST DIAGNOSTICS offers top-notch financial benefits for employees and their family members. A top-notch 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: QUEST DIAGNOSTICS 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, QUEST DIAGNOSTICS 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, QUEST DIAGNOSTICS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: QUEST DIAGNOSTICS does not offer adoption assistance reimbursement.
- BONUS PAY: QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS has an exceptional childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: QUEST DIAGNOSTICS offers a great life insurance policy to its team members for an affordable price. QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS 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: QUEST DIAGNOSTICS has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, QUEST DIAGNOSTICS stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: QUEST DIAGNOSTICS has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | QUEST DIAGNOSTICS | 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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