This report analyzes and compares CARIS LIFE SCIENCES' employee health insurance and employee benefits with its industry and in Texas 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
CARIS LIFE SCIENCES offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. CARIS LIFE SCIENCES believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: CARIS LIFE SCIENCES believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. CARIS LIFE SCIENCES has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: CARIS LIFE SCIENCES does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: CARIS LIFE SCIENCES encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, CARIS LIFE SCIENCES 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: CARIS LIFE SCIENCES has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: CARIS LIFE SCIENCES is always on the lookout for new leadership material and offers valuable development programs for its team members. With access to valuable resources, CARIS LIFE SCIENCES ensures that team members with a potential for becoming leaders can achieve their goals.
- 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 CARIS LIFE SCIENCES offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: CARIS LIFE SCIENCES 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: CARIS LIFE SCIENCES does not offer tuition reimbursement.
Benefit | CARIS LIFE SCIENCES | 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
CARIS LIFE SCIENCES 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 CARIS LIFE SCIENCES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: CARIS LIFE SCIENCES does not offer counseling.
- DENTAL PLAN: CARIS LIFE SCIENCES 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: CARIS LIFE SCIENCES 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: In an effort to improve the wellbeing and quality of life of its team members, CARIS LIFE SCIENCES 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: To financially help its team members with medical emergencies, CARIS LIFE SCIENCES 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: Aware of the challenges that come with pregnancy, CARIS LIFE SCIENCES has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: CARIS LIFE SCIENCES has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: CARIS LIFE SCIENCES provides a superior 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 | CARIS LIFE SCIENCES | 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
CARIS LIFE SCIENCES 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: CARIS LIFE SCIENCES has a superior 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. CARIS LIFE SCIENCES 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 superior CARIS LIFE SCIENCES has Matching program that matches 75% of employees' contributions. Whatever CARIS LIFE SCIENCES contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave CARIS LIFE SCIENCES. Recognizing that every team member is unique, with specific needs and goals, CARIS LIFE SCIENCES keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: CARIS LIFE SCIENCES 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 CARIS LIFE SCIENCES.
- BONUS PAY: CARIS LIFE SCIENCES has an exceptional 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: CARIS LIFE SCIENCES offers a solid discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: CARIS LIFE SCIENCES acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: CARIS LIFE SCIENCES offers an outstanding 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: CARIS LIFE SCIENCES has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: CARIS LIFE SCIENCES 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: CARIS LIFE SCIENCES has an extraordinary 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: CARIS LIFE SCIENCES recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by CARIS LIFE SCIENCES, on volunteer work of their choice.
- PARENTAL LEAVE: CARIS LIFE SCIENCES has a valuable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | CARIS LIFE SCIENCES | 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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