This report analyzes and compares CAMBRIDGE HEALTH ALLIANCE's 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 HEALTH ALLIANCE 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 CAMBRIDGE HEALTH ALLIANCE. first-class tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: CAMBRIDGE HEALTH ALLIANCE believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. CAMBRIDGE HEALTH ALLIANCE has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: CAMBRIDGE HEALTH ALLIANCE 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: impressive development resources are what allows CAMBRIDGE HEALTH ALLIANCE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: CAMBRIDGE HEALTH ALLIANCE has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: CAMBRIDGE HEALTH ALLIANCE offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by CAMBRIDGE HEALTH ALLIANCE to grow as leaders and learn how to make tough calls.
- ONBOARDING: CAMBRIDGE HEALTH ALLIANCE is aware of the difficulties that new employees might experience when they join the team. That's why CAMBRIDGE HEALTH ALLIANCE has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: CAMBRIDGE HEALTH ALLIANCE has a remarkable 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: CAMBRIDGE HEALTH ALLIANCE 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.
Benefit | CAMBRIDGE HEALTH ALLIANCE | 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 HEALTH ALLIANCE offers superb 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 HEALTH ALLIANCE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CAMBRIDGE HEALTH ALLIANCE does not offer counseling.
- DENTAL PLAN: CAMBRIDGE HEALTH ALLIANCE cares about its team members' dental health so it offers an excellent 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: CAMBRIDGE HEALTH ALLIANCE offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: CAMBRIDGE HEALTH ALLIANCE 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. CAMBRIDGE HEALTH ALLIANCE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, CAMBRIDGE HEALTH ALLIANCE 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: CAMBRIDGE HEALTH ALLIANCE 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: CAMBRIDGE HEALTH ALLIANCE has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. CAMBRIDGE HEALTH ALLIANCE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: CAMBRIDGE HEALTH ALLIANCE 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 | CAMBRIDGE HEALTH ALLIANCE | 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
CAMBRIDGE HEALTH ALLIANCE offers remarkable financial benefits for employees and their family members. A remarkable 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: CAMBRIDGE HEALTH ALLIANCE knows how important it is to think about retirement and start saving on time. That's why it offers a great 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 CAMBRIDGE HEALTH ALLIANCE 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, CAMBRIDGE HEALTH ALLIANCE provides resources which will help team members decide what to do with their 401(k) plan. CAMBRIDGE HEALTH ALLIANCE offers a great vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: CAMBRIDGE HEALTH ALLIANCE has an impressive 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: CAMBRIDGE HEALTH ALLIANCE has an excellent 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: CAMBRIDGE HEALTH ALLIANCE does not offer childcare discount.
- COMMUTER BENEFIT: CAMBRIDGE HEALTH ALLIANCE 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 HEALTH ALLIANCE offers an excellent 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 HEALTH ALLIANCE 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: CAMBRIDGE HEALTH ALLIANCE offers a solid life insurance policy to its team members for an affordable price. CAMBRIDGE HEALTH ALLIANCE 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 HEALTH ALLIANCE wants for its team members to lead a happy and fulfilled life so it has a great 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: CAMBRIDGE HEALTH ALLIANCE recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by CAMBRIDGE HEALTH ALLIANCE, on volunteer work of their choice.
- PARENTAL LEAVE: CAMBRIDGE HEALTH ALLIANCE has an excellent parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CAMBRIDGE HEALTH ALLIANCE | 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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