This report analyzes and compares INOVA TRANSLATIONAL MEDICINE INSTITUTE's employee health insurance and employee benefits with its industry and in Virginia 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
INOVA TRANSLATIONAL MEDICINE INSTITUTE has superb 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 INOVA TRANSLATIONAL MEDICINE INSTITUTE. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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. INOVA TRANSLATIONAL MEDICINE INSTITUTE has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: INOVA TRANSLATIONAL MEDICINE INSTITUTE is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, INOVA TRANSLATIONAL MEDICINE INSTITUTE ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: INOVA TRANSLATIONAL MEDICINE INSTITUTE is aware of the difficulties that new employees might experience when they join the team. That's why INOVA TRANSLATIONAL MEDICINE INSTITUTE has a valuable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: INOVA TRANSLATIONAL MEDICINE INSTITUTE knows that dedicated team members are hard to come by so it has an exceptional Recognition program for those who stand out and continually contribute to INOVA TRANSLATIONAL MEDICINE INSTITUTE.
- TUITION REIMBURSEMENT: INOVA TRANSLATIONAL MEDICINE INSTITUTE has a good 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 | INOVA TRANSLATIONAL MEDICINE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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
INOVA TRANSLATIONAL MEDICINE INSTITUTE has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a solid healthcare spending account at their disposal.
- COUNSELING: INOVA TRANSLATIONAL MEDICINE INSTITUTE does not offer counseling.
- DENTAL PLAN: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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. INOVA TRANSLATIONAL MEDICINE INSTITUTE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, INOVA TRANSLATIONAL MEDICINE INSTITUTE offers a suitable 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE does not offer telehealth.
- VISION PLAN: INOVA TRANSLATIONAL MEDICINE INSTITUTE offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | INOVA TRANSLATIONAL MEDICINE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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
INOVA TRANSLATIONAL MEDICINE INSTITUTE offers top-notch financial benefits for employees and their family members. A top-notch 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE has an exceptional 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, INOVA TRANSLATIONAL MEDICINE INSTITUTE offers an exceptional 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, INOVA TRANSLATIONAL MEDICINE INSTITUTE offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: INOVA TRANSLATIONAL MEDICINE INSTITUTE has a great 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for INOVA TRANSLATIONAL MEDICINE INSTITUTE, and encourage others to do the same.
- CHILDCARE DISCOUNT: INOVA TRANSLATIONAL MEDICINE INSTITUTE does not offer childcare discount.
- COMMUTER BENEFIT: INOVA TRANSLATIONAL MEDICINE INSTITUTE acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: INOVA TRANSLATIONAL MEDICINE INSTITUTE has a suitable 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: INOVA TRANSLATIONAL MEDICINE INSTITUTE has a remarkable 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE wants for its team members to lead a happy and fulfilled life so it has a suitable 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: INOVA TRANSLATIONAL MEDICINE INSTITUTE recognizes the importance of giving back to the community so it offers a solid volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by INOVA TRANSLATIONAL MEDICINE INSTITUTE, on volunteer work of their choice.
- PARENTAL LEAVE: INOVA TRANSLATIONAL MEDICINE INSTITUTE has an impressive parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | INOVA TRANSLATIONAL MEDICINE INSTITUTE | Industry | Virginia |
|---|---|---|---|
| 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 |
Improve this report:
We have prepared INOVA TRANSLATIONAL MEDICINE INSTITUTE's benefits report with the best of our knowledge. If you believe some information here is incorrect, please click the link below and send as a note.
We will contact you and/or update the information in 2-5 business days.