This report analyzes and compares THE NEW YORK PUBLIC LIBRARY (NYPL)'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
THE NEW YORK PUBLIC LIBRARY (NYPL) has remarkable 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 THE NEW YORK PUBLIC LIBRARY (NYPL). remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: THE NEW YORK PUBLIC LIBRARY (NYPL) continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that THE NEW YORK PUBLIC LIBRARY (NYPL) uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: THE NEW YORK PUBLIC LIBRARY (NYPL) offers superior coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: THE NEW YORK PUBLIC LIBRARY (NYPL) offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: THE NEW YORK PUBLIC LIBRARY (NYPL) has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: THE NEW YORK PUBLIC LIBRARY (NYPL) does not offer leadership programs.
- 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 THE NEW YORK PUBLIC LIBRARY (NYPL) offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has a top-notch Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at THE NEW YORK PUBLIC LIBRARY (NYPL).
Benefit | THE NEW YORK PUBLIC LIBRARY (NYPL) | 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
THE NEW YORK PUBLIC LIBRARY (NYPL) 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 THE NEW YORK PUBLIC LIBRARY (NYPL)'s superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: THE NEW YORK PUBLIC LIBRARY (NYPL) has an extraordinary counseling program for its employees and their family members. Team members are encouraged by THE NEW YORK PUBLIC LIBRARY (NYPL) 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: THE NEW YORK PUBLIC LIBRARY (NYPL) does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, THE NEW YORK PUBLIC LIBRARY (NYPL) offers a valuable 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: THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has an exceptional 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has an excellent 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 | THE NEW YORK PUBLIC LIBRARY (NYPL) | 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
THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has an exceptional 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, THE NEW YORK PUBLIC LIBRARY (NYPL) offers an exceptional 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, THE NEW YORK PUBLIC LIBRARY (NYPL) offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: THE NEW YORK PUBLIC LIBRARY (NYPL) has a suitable 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has a good 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: THE NEW YORK PUBLIC LIBRARY (NYPL) offers a good discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) 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: THE NEW YORK PUBLIC LIBRARY (NYPL) offers a superior 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: THE NEW YORK PUBLIC LIBRARY (NYPL) has a superb 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: THE NEW YORK PUBLIC LIBRARY (NYPL) realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why THE NEW YORK PUBLIC LIBRARY (NYPL) has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: THE NEW YORK PUBLIC LIBRARY (NYPL) believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why THE NEW YORK PUBLIC LIBRARY (NYPL) offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: THE NEW YORK PUBLIC LIBRARY (NYPL) has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | THE NEW YORK PUBLIC LIBRARY (NYPL) | 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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