This report analyzes and compares VALEANT PHARMACEUTICALS INTERNATIONAL's employee health insurance and employee benefits with its industry and in California 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
VALEANT PHARMACEUTICALS INTERNATIONAL has first-class 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 VALEANT PHARMACEUTICALS INTERNATIONAL. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: VALEANT PHARMACEUTICALS INTERNATIONAL offers remarkable possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, VALEANT PHARMACEUTICALS INTERNATIONAL makes sure that every single team member takes the full advantage of remarkable career planning programs.
- COACHING AND MENTORING: VALEANT PHARMACEUTICALS INTERNATIONAL believes that an outstanding 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 VALEANT PHARMACEUTICALS INTERNATIONAL 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: VALEANT PHARMACEUTICALS INTERNATIONAL has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: VALEANT PHARMACEUTICALS INTERNATIONAL believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that VALEANT PHARMACEUTICALS INTERNATIONAL provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: VALEANT PHARMACEUTICALS INTERNATIONAL does not offer onboarding.
- RECOGNITION PROGRAMS: VALEANT PHARMACEUTICALS INTERNATIONAL knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to VALEANT PHARMACEUTICALS INTERNATIONAL.
- TUITION REIMBURSEMENT: VALEANT PHARMACEUTICALS INTERNATIONAL has a superior Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at VALEANT PHARMACEUTICALS INTERNATIONAL.
Benefit | VALEANT PHARMACEUTICALS INTERNATIONAL | Industry | California |
|---|---|---|---|
| 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
VALEANT PHARMACEUTICALS INTERNATIONAL 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 VALEANT PHARMACEUTICALS INTERNATIONAL's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: VALEANT PHARMACEUTICALS INTERNATIONAL is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why VALEANT PHARMACEUTICALS INTERNATIONAL implemented a suitable counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: VALEANT PHARMACEUTICALS INTERNATIONAL 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: VALEANT PHARMACEUTICALS INTERNATIONAL provides an exceptional health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, VALEANT PHARMACEUTICALS INTERNATIONAL offers suitable 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: VALEANT PHARMACEUTICALS INTERNATIONAL has a superb 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: VALEANT PHARMACEUTICALS INTERNATIONAL has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: VALEANT PHARMACEUTICALS INTERNATIONAL 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. VALEANT PHARMACEUTICALS INTERNATIONAL can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: VALEANT PHARMACEUTICALS INTERNATIONAL provides a superior Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | VALEANT PHARMACEUTICALS INTERNATIONAL | Industry | California |
|---|---|---|---|
| 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
VALEANT PHARMACEUTICALS INTERNATIONAL 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: VALEANT PHARMACEUTICALS INTERNATIONAL 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, VALEANT PHARMACEUTICALS INTERNATIONAL 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, VALEANT PHARMACEUTICALS INTERNATIONAL offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: VALEANT PHARMACEUTICALS INTERNATIONAL has an extraordinary 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: VALEANT PHARMACEUTICALS INTERNATIONAL offers superior bonuses to team members who excel in their field of work, provide extraordinary results for VALEANT PHARMACEUTICALS INTERNATIONAL, and encourage others to do the same.
- CHILDCARE DISCOUNT: VALEANT PHARMACEUTICALS INTERNATIONAL does not offer childcare discount.
- COMMUTER BENEFIT: VALEANT PHARMACEUTICALS INTERNATIONAL 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: VALEANT PHARMACEUTICALS INTERNATIONAL 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: VALEANT PHARMACEUTICALS INTERNATIONAL has an outstanding 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: VALEANT PHARMACEUTICALS INTERNATIONAL offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: VALEANT PHARMACEUTICALS INTERNATIONAL has an extraordinary 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: VALEANT PHARMACEUTICALS INTERNATIONAL has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, VALEANT PHARMACEUTICALS INTERNATIONAL stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: VALEANT PHARMACEUTICALS INTERNATIONAL has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | VALEANT PHARMACEUTICALS INTERNATIONAL | Industry | California |
|---|---|---|---|
| 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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