This report analyzes and compares BERKADIA COMMERCIAL MORTGAGE'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
BERKADIA COMMERCIAL MORTGAGE 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 BERKADIA COMMERCIAL MORTGAGE. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BERKADIA COMMERCIAL MORTGAGE continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that BERKADIA COMMERCIAL MORTGAGE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: BERKADIA COMMERCIAL MORTGAGE 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: BERKADIA COMMERCIAL MORTGAGE offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: BERKADIA COMMERCIAL MORTGAGE has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: BERKADIA COMMERCIAL MORTGAGE believes that providing its team members with excellent leadership programs is a crucial step in creating new leaders. By using excellent tools that BERKADIA COMMERCIAL MORTGAGE provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: BERKADIA COMMERCIAL MORTGAGE is aware of the difficulties that new employees might experience when they join the team. That's why BERKADIA COMMERCIAL MORTGAGE has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BERKADIA COMMERCIAL MORTGAGE implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: BERKADIA COMMERCIAL MORTGAGE has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at BERKADIA COMMERCIAL MORTGAGE.
Benefit | BERKADIA COMMERCIAL MORTGAGE | 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
BERKADIA COMMERCIAL MORTGAGE offers superior 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 BERKADIA COMMERCIAL MORTGAGE's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BERKADIA COMMERCIAL MORTGAGE does not offer counseling.
- DENTAL PLAN: BERKADIA COMMERCIAL MORTGAGE offers a valuable 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: BERKADIA COMMERCIAL MORTGAGE provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: BERKADIA COMMERCIAL MORTGAGE offers its team members superb 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. BERKADIA COMMERCIAL MORTGAGE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, BERKADIA COMMERCIAL MORTGAGE 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: Aware of the challenges that come with pregnancy, BERKADIA COMMERCIAL MORTGAGE has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: BERKADIA COMMERCIAL MORTGAGE does not offer telehealth.
- VISION PLAN: BERKADIA COMMERCIAL MORTGAGE has an impressive 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 | BERKADIA COMMERCIAL MORTGAGE | 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
BERKADIA COMMERCIAL MORTGAGE 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: BERKADIA COMMERCIAL MORTGAGE has a top-notch 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. BERKADIA COMMERCIAL MORTGAGE 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 top-notch BERKADIA COMMERCIAL MORTGAGE has Matching program that matches 75% of employees' contributions. Whatever BERKADIA COMMERCIAL MORTGAGE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BERKADIA COMMERCIAL MORTGAGE. Recognizing that every team member is unique, with specific needs and goals, BERKADIA COMMERCIAL MORTGAGE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BERKADIA COMMERCIAL MORTGAGE 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 BERKADIA COMMERCIAL MORTGAGE.
- BONUS PAY: BERKADIA COMMERCIAL MORTGAGE has a valuable 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: BERKADIA COMMERCIAL MORTGAGE cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: BERKADIA COMMERCIAL MORTGAGE offers exceptional commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BERKADIA COMMERCIAL MORTGAGE offers a top-notch daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: BERKADIA COMMERCIAL MORTGAGE has a great disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: BERKADIA COMMERCIAL MORTGAGE has a remarkable 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: BERKADIA COMMERCIAL MORTGAGE wants for its team members to lead a happy and fulfilled life so it has a good 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: BERKADIA COMMERCIAL MORTGAGE recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by BERKADIA COMMERCIAL MORTGAGE, on volunteer work of their choice.
- PARENTAL LEAVE: BERKADIA COMMERCIAL MORTGAGE has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BERKADIA COMMERCIAL MORTGAGE | 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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