This report analyzes and compares CAMBRIDGE ASSOCIATES' employee health insurance and employee benefits with its industry and in Massachusetts 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
CAMBRIDGE ASSOCIATES has superb 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 CAMBRIDGE ASSOCIATES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CAMBRIDGE ASSOCIATES continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that CAMBRIDGE ASSOCIATES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: CAMBRIDGE ASSOCIATES offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows CAMBRIDGE ASSOCIATES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CAMBRIDGE ASSOCIATES has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CAMBRIDGE ASSOCIATES offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CAMBRIDGE ASSOCIATES to grow as leaders and learn how to make tough calls.
- ONBOARDING: CAMBRIDGE ASSOCIATES is aware of the difficulties that new employees might experience when they join the team. That's why CAMBRIDGE ASSOCIATES has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CAMBRIDGE ASSOCIATES knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to CAMBRIDGE ASSOCIATES.
- TUITION REIMBURSEMENT: CAMBRIDGE ASSOCIATES 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 CAMBRIDGE ASSOCIATES.
Benefit | CAMBRIDGE ASSOCIATES | Industry | Massachusetts |
|---|---|---|---|
| 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
CAMBRIDGE ASSOCIATES offers first-class 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 CAMBRIDGE ASSOCIATES's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CAMBRIDGE ASSOCIATES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its top-notch counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: CAMBRIDGE ASSOCIATES 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: CAMBRIDGE ASSOCIATES offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, CAMBRIDGE ASSOCIATES 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: CAMBRIDGE ASSOCIATES offers an excellent healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, CAMBRIDGE ASSOCIATES has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: CAMBRIDGE ASSOCIATES 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. CAMBRIDGE ASSOCIATES can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: CAMBRIDGE ASSOCIATES offers a great Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | CAMBRIDGE ASSOCIATES | Industry | Massachusetts |
|---|---|---|---|
| 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 CAMBRIDGE ASSOCIATES. 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. CAMBRIDGE ASSOCIATES offers good life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect CAMBRIDGE ASSOCIATES to partially cover the expenses.
- 401(K) PLAN: CAMBRIDGE ASSOCIATES does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: CAMBRIDGE ASSOCIATES does not offer adoption assistance reimbursement.
- BONUS PAY: CAMBRIDGE ASSOCIATES 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: CAMBRIDGE ASSOCIATES cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: CAMBRIDGE ASSOCIATES offers extraordinary 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: CAMBRIDGE ASSOCIATES 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: CAMBRIDGE ASSOCIATES has a solid 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 solid coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CAMBRIDGE ASSOCIATES offers a great life insurance policy to its team members for an affordable price. CAMBRIDGE ASSOCIATES 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: CAMBRIDGE ASSOCIATES has an exceptional 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: CAMBRIDGE ASSOCIATES does not offer paid volunteer time off.
- PARENTAL LEAVE: CAMBRIDGE ASSOCIATES has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CAMBRIDGE ASSOCIATES | Industry | Massachusetts |
|---|---|---|---|
| 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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