This report analyzes and compares GE HEALTHCARE's employee health insurance and employee benefits with its industry and in Connecticut 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
GE HEALTHCARE has top-notch 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 GE HEALTHCARE. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: GE HEALTHCARE continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that GE HEALTHCARE uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: GE HEALTHCARE 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: GE HEALTHCARE 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: GE HEALTHCARE has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: GE HEALTHCARE is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, GE HEALTHCARE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: GE HEALTHCARE is aware of the difficulties that new employees might experience when they join the team. That's why GE HEALTHCARE has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: GE HEALTHCARE 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: GE HEALTHCARE realizes that continuous education is a key to success so it has an excellent Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | GE HEALTHCARE | Industry | Connecticut |
|---|---|---|---|
| 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
GE HEALTHCARE 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 GE HEALTHCARE's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: GE HEALTHCARE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why GE HEALTHCARE implemented a suitable 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 suitable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: GE HEALTHCARE cares about its team members' dental health so it offers an extraordinary 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: GE HEALTHCARE 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: GE HEALTHCARE does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: GE HEALTHCARE has a top-notch healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: GE HEALTHCARE offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: GE HEALTHCARE has an exceptional 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: GE HEALTHCARE provides a first-class 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 | GE HEALTHCARE | Industry | Connecticut |
|---|---|---|---|
| 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 valuable financial benefits at GE HEALTHCARE. 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. GE HEALTHCARE offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect GE HEALTHCARE to partially cover the expenses.
- 401(K) PLAN: GE HEALTHCARE does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: GE HEALTHCARE does not offer adoption assistance reimbursement.
- BONUS PAY: GE HEALTHCARE 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: GE HEALTHCARE does not offer childcare discount.
- COMMUTER BENEFIT: GE HEALTHCARE has a great 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: GE HEALTHCARE offers an extraordinary 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: GE HEALTHCARE 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: GE HEALTHCARE offers a solid life insurance policy to its team members for an affordable price. GE HEALTHCARE 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: GE HEALTHCARE realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why GE HEALTHCARE has a superior vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: GE HEALTHCARE has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, GE HEALTHCARE stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: GE HEALTHCARE has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | GE HEALTHCARE | Industry | Connecticut |
|---|---|---|---|
| 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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