This report analyzes and compares BAYLOR HEALTH CARE SYSTEM's employee health insurance and employee benefits with its industry and in Texas State.

COMPARE BAYLOR HEALTH CARE SYSTEM'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

BAYLOR HEALTH CARE SYSTEM 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 BAYLOR HEALTH CARE SYSTEM. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: BAYLOR HEALTH CARE SYSTEM continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that BAYLOR HEALTH CARE SYSTEM uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: BAYLOR HEALTH CARE SYSTEM offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
  • DEVELOPMENT RESOURCES: BAYLOR HEALTH CARE SYSTEM encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, BAYLOR HEALTH CARE SYSTEM 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: BAYLOR HEALTH CARE SYSTEM has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: BAYLOR HEALTH CARE SYSTEM is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, BAYLOR HEALTH CARE SYSTEM ensures that team members with a potential for becoming leaders can achieve their goals.
  • ONBOARDING: BAYLOR HEALTH CARE SYSTEM is aware of the difficulties that new employees might experience when they join the team. That's why BAYLOR HEALTH CARE SYSTEM has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: BAYLOR HEALTH CARE SYSTEM 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: BAYLOR HEALTH CARE SYSTEM realizes that continuous education is a key to success so it has an extraordinary Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
BAYLOR HEALTH CARE SYSTEM's career benefits comparison table

Benefit

BAYLOR HEALTH CARE SYSTEM

Industry

Texas

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

BAYLOR HEALTH CARE SYSTEM 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 BAYLOR HEALTH CARE SYSTEM's top-notch maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: BAYLOR HEALTH CARE SYSTEM has an outstanding counseling program for its employees and their family members. Team members are encouraged by BAYLOR HEALTH CARE SYSTEM 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 outstanding counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
  • DENTAL PLAN: BAYLOR HEALTH CARE SYSTEM offers a great 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: BAYLOR HEALTH CARE SYSTEM offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: BAYLOR HEALTH CARE SYSTEM is aware of the fact that a healthy employee is a productive employee so it offers outstanding 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, BAYLOR HEALTH CARE SYSTEM 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: BAYLOR HEALTH CARE SYSTEM has a suitable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
  • TELEHEALTH: BAYLOR HEALTH CARE SYSTEM has a great 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. BAYLOR HEALTH CARE SYSTEM can recommend a certain doctor or institution and covers up to 50% of the costs.
  • VISION PLAN: BAYLOR HEALTH CARE SYSTEM provides a top-notch 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.
BAYLOR HEALTH CARE SYSTEM's healthcare benefits comparison table

Benefit

BAYLOR HEALTH CARE SYSTEM

Industry

Texas

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

BAYLOR HEALTH CARE SYSTEM 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: BAYLOR HEALTH CARE SYSTEM knows how important it is to think about retirement and start saving on time. That's why it offers a solid 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and BAYLOR HEALTH CARE SYSTEM will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, BAYLOR HEALTH CARE SYSTEM provides resources which will help team members decide what to do with their 401(k) plan. BAYLOR HEALTH CARE SYSTEM offers a solid vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: BAYLOR HEALTH CARE SYSTEM has a first-class Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by BAYLOR HEALTH CARE SYSTEM.
  • BONUS PAY: BAYLOR HEALTH CARE SYSTEM has an extraordinary 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: BAYLOR HEALTH CARE SYSTEM offers a solid discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: BAYLOR HEALTH CARE SYSTEM 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: BAYLOR HEALTH CARE SYSTEM has a good daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
  • DISABILITY: BAYLOR HEALTH CARE SYSTEM offers a first-class 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: BAYLOR HEALTH CARE SYSTEM has a superior 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: BAYLOR HEALTH CARE SYSTEM has an outstanding 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: BAYLOR HEALTH CARE SYSTEM 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, BAYLOR HEALTH CARE SYSTEM stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: BAYLOR HEALTH CARE SYSTEM has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
BAYLOR HEALTH CARE SYSTEM's financial benefits comparison table

Benefit

BAYLOR HEALTH CARE SYSTEM

Industry

Texas

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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