This report analyzes and compares DUKE INNOVATION AND ENTREPRENEURSHIP's employee health insurance and employee benefits with its industry and in North Carolina 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
DUKE INNOVATION AND ENTREPRENEURSHIP 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 DUKE INNOVATION AND ENTREPRENEURSHIP. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: DUKE INNOVATION AND ENTREPRENEURSHIP 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. DUKE INNOVATION AND ENTREPRENEURSHIP has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: DUKE INNOVATION AND ENTREPRENEURSHIP offers first-class coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: DUKE INNOVATION AND ENTREPRENEURSHIP offers top-notch development resources to enable its employees to grow on a personal and a professional plan. With access to top-notch intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: DUKE INNOVATION AND ENTREPRENEURSHIP has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: DUKE INNOVATION AND ENTREPRENEURSHIP offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by DUKE INNOVATION AND ENTREPRENEURSHIP to grow as leaders and learn how to make tough calls.
- ONBOARDING: DUKE INNOVATION AND ENTREPRENEURSHIP is aware of the difficulties that new employees might experience when they join the team. That's why DUKE INNOVATION AND ENTREPRENEURSHIP has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: DUKE INNOVATION AND ENTREPRENEURSHIP has a superior 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: DUKE INNOVATION AND ENTREPRENEURSHIP has a valuable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | DUKE INNOVATION AND ENTREPRENEURSHIP | Industry | North Carolina |
|---|---|---|---|
| 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
DUKE INNOVATION AND ENTREPRENEURSHIP offers remarkable 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 DUKE INNOVATION AND ENTREPRENEURSHIP's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: DUKE INNOVATION AND ENTREPRENEURSHIP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior 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: Team members at DUKE INNOVATION AND ENTREPRENEURSHIP have a first-class dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. DUKE INNOVATION AND ENTREPRENEURSHIP partially pays for dentures and braces as well.
- HEALTH INSURANCE: DUKE INNOVATION AND ENTREPRENEURSHIP 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, DUKE INNOVATION AND ENTREPRENEURSHIP offers good 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, DUKE INNOVATION AND ENTREPRENEURSHIP offers a solid 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, DUKE INNOVATION AND ENTREPRENEURSHIP has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: DUKE INNOVATION AND ENTREPRENEURSHIP 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: DUKE INNOVATION AND ENTREPRENEURSHIP offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | DUKE INNOVATION AND ENTREPRENEURSHIP | Industry | North Carolina |
|---|---|---|---|
| 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
DUKE INNOVATION AND ENTREPRENEURSHIP 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: DUKE INNOVATION AND ENTREPRENEURSHIP knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 DUKE INNOVATION AND ENTREPRENEURSHIP 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, DUKE INNOVATION AND ENTREPRENEURSHIP provides resources which will help team members decide what to do with their 401(k) plan. DUKE INNOVATION AND ENTREPRENEURSHIP offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: DUKE INNOVATION AND ENTREPRENEURSHIP 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 DUKE INNOVATION AND ENTREPRENEURSHIP.
- BONUS PAY: DUKE INNOVATION AND ENTREPRENEURSHIP has an impressive 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: DUKE INNOVATION AND ENTREPRENEURSHIP does not offer childcare discount.
- COMMUTER BENEFIT: DUKE INNOVATION AND ENTREPRENEURSHIP has a valuable commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: DUKE INNOVATION AND ENTREPRENEURSHIP offers a remarkable 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: DUKE INNOVATION AND ENTREPRENEURSHIP 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: DUKE INNOVATION AND ENTREPRENEURSHIP offers an extraordinary life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: DUKE INNOVATION AND ENTREPRENEURSHIP realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why DUKE INNOVATION AND ENTREPRENEURSHIP has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: DUKE INNOVATION AND ENTREPRENEURSHIP has a superior volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, DUKE INNOVATION AND ENTREPRENEURSHIP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: DUKE INNOVATION AND ENTREPRENEURSHIP has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | DUKE INNOVATION AND ENTREPRENEURSHIP | Industry | North Carolina |
|---|---|---|---|
| 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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