This report analyzes and compares EXCELITAS TECHNOLOGIES' 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
EXCELITAS TECHNOLOGIES offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. EXCELITAS TECHNOLOGIES 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: EXCELITAS TECHNOLOGIES believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. EXCELITAS TECHNOLOGIES has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: By using a good coaching and mentoring program, EXCELITAS TECHNOLOGIES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: EXCELITAS TECHNOLOGIES offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: EXCELITAS TECHNOLOGIES has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: EXCELITAS TECHNOLOGIES offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by EXCELITAS TECHNOLOGIES to grow as leaders and learn how to make tough calls.
- ONBOARDING: EXCELITAS TECHNOLOGIES is aware of the difficulties that new employees might experience when they join the team. That's why EXCELITAS TECHNOLOGIES has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: EXCELITAS TECHNOLOGIES has a superb 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: EXCELITAS TECHNOLOGIES does not offer tuition reimbursement.
Benefit | EXCELITAS TECHNOLOGIES | 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
EXCELITAS TECHNOLOGIES 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 EXCELITAS TECHNOLOGIES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EXCELITAS TECHNOLOGIES is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why EXCELITAS TECHNOLOGIES implemented a valuable counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: EXCELITAS TECHNOLOGIES cares about its team members' dental health so it offers an outstanding 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: EXCELITAS TECHNOLOGIES offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: EXCELITAS TECHNOLOGIES is aware of the fact that a healthy employee is a productive employee so it offers excellent health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: EXCELITAS TECHNOLOGIES offers an extraordinary 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: EXCELITAS TECHNOLOGIES offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: EXCELITAS TECHNOLOGIES does not offer telehealth.
- VISION PLAN: EXCELITAS TECHNOLOGIES offers a valuable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | EXCELITAS TECHNOLOGIES | 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
EXCELITAS TECHNOLOGIES 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: EXCELITAS TECHNOLOGIES has an excellent 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, EXCELITAS TECHNOLOGIES offers an excellent program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, EXCELITAS TECHNOLOGIES offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: EXCELITAS TECHNOLOGIES has a solid Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: EXCELITAS TECHNOLOGIES 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: EXCELITAS TECHNOLOGIES cooperates with partners and team members are eligible for superior discounts for a primary childcare.
- COMMUTER BENEFIT: EXCELITAS TECHNOLOGIES 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: EXCELITAS TECHNOLOGIES has a solid daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: EXCELITAS TECHNOLOGIES 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: EXCELITAS TECHNOLOGIES offers an outstanding 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 outstanding life insurance package contains dependent policies as well.
- PAID TIME OFF: EXCELITAS TECHNOLOGIES wants for its team members to lead a happy and fulfilled life so it has a valuable 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: EXCELITAS TECHNOLOGIES does not offer paid volunteer time off.
- PARENTAL LEAVE: EXCELITAS TECHNOLOGIES has a superior parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EXCELITAS TECHNOLOGIES | 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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