This report analyzes and compares ALEXION PHARMACEUTICALS' employee health insurance and employee benefits with its industry and in Connecticut 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
ALEXION PHARMACEUTICALS offers exceptional career benefits to help its team members achieve their full potential and maximize their contributions to ALEXION PHARMACEUTICALS with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, ALEXION PHARMACEUTICALS offers exceptional leadership programs.
- CAREER PLANNING: ALEXION PHARMACEUTICALS continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that ALEXION PHARMACEUTICALS uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: ALEXION PHARMACEUTICALS believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: ALEXION PHARMACEUTICALS encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, ALEXION PHARMACEUTICALS supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ALEXION PHARMACEUTICALS has an extraordinary GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: ALEXION PHARMACEUTICALS believes that providing its team members with outstanding leadership programs is a crucial step in creating new leaders. By using outstanding tools that ALEXION PHARMACEUTICALS provides for them, employees are able to learn what makes or breaks a leader.
- 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 ALEXION PHARMACEUTICALS offers an extraordinary Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: ALEXION PHARMACEUTICALS knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to ALEXION PHARMACEUTICALS.
- TUITION REIMBURSEMENT: ALEXION PHARMACEUTICALS 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 ALEXION PHARMACEUTICALS.
Benefit | ALEXION PHARMACEUTICALS | Industry | Connecticut |
|---|---|---|---|
| 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
ALEXION PHARMACEUTICALS offers remarkable 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 ALEXION PHARMACEUTICALS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ALEXION PHARMACEUTICALS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why ALEXION PHARMACEUTICALS implemented a solid 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 solid counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: ALEXION PHARMACEUTICALS offers a suitable 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: ALEXION PHARMACEUTICALS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ALEXION PHARMACEUTICALS is aware of the fact that a healthy employee is a productive employee so it offers excellent 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, ALEXION PHARMACEUTICALS offers a great 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: ALEXION PHARMACEUTICALS offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ALEXION PHARMACEUTICALS 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. ALEXION PHARMACEUTICALS can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: ALEXION PHARMACEUTICALS provides a remarkable 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 | ALEXION PHARMACEUTICALS | Industry | Connecticut |
|---|---|---|---|
| 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
Team members enjoy good financial benefits at ALEXION PHARMACEUTICALS. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. ALEXION PHARMACEUTICALS offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect ALEXION PHARMACEUTICALS to partially cover the expenses.
- 401(K) PLAN: ALEXION PHARMACEUTICALS has a remarkable 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. ALEXION PHARMACEUTICALS provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a remarkable ALEXION PHARMACEUTICALS has Matching program that matches 75% of employees' contributions. Whatever ALEXION PHARMACEUTICALS contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave ALEXION PHARMACEUTICALS. Recognizing that every team member is unique, with specific needs and goals, ALEXION PHARMACEUTICALS keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: ALEXION PHARMACEUTICALS does not offer adoption assistance reimbursement.
- BONUS PAY: ALEXION PHARMACEUTICALS has a great 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: ALEXION PHARMACEUTICALS does not offer childcare discount.
- COMMUTER BENEFIT: ALEXION PHARMACEUTICALS has a valuable 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: ALEXION PHARMACEUTICALS 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: ALEXION PHARMACEUTICALS has an impressive 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: ALEXION PHARMACEUTICALS offers a suitable life insurance policy to its team members for an affordable price. ALEXION PHARMACEUTICALS 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: ALEXION PHARMACEUTICALS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ALEXION PHARMACEUTICALS has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ALEXION PHARMACEUTICALS does not offer paid volunteer time off.
- PARENTAL LEAVE: ALEXION PHARMACEUTICALS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ALEXION PHARMACEUTICALS | Industry | Connecticut |
|---|---|---|---|
| 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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