This report analyzes and compares MCLEAN HOSPITAL's 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
MCLEAN HOSPITAL 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 MCLEAN HOSPITAL. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MCLEAN HOSPITAL continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that MCLEAN HOSPITAL uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: MCLEAN HOSPITAL offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: MCLEAN HOSPITAL 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: MCLEAN HOSPITAL has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: MCLEAN HOSPITAL offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by MCLEAN HOSPITAL to grow as leaders and learn how to make tough calls.
- ONBOARDING: MCLEAN HOSPITAL does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MCLEAN HOSPITAL implemented a solid Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MCLEAN HOSPITAL has a great 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 | MCLEAN HOSPITAL | 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
MCLEAN HOSPITAL has suitable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers suitable 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 suitable healthcare spending account at their disposal.
- COUNSELING: MCLEAN HOSPITAL does not offer counseling.
- DENTAL PLAN: Team members at MCLEAN HOSPITAL have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. MCLEAN HOSPITAL partially pays for dentures and braces as well.
- HEALTH INSURANCE: MCLEAN HOSPITAL offers a superior health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: MCLEAN HOSPITAL does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, MCLEAN HOSPITAL 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, MCLEAN HOSPITAL has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: MCLEAN HOSPITAL has implemented a top-notch telehealth policy for its members to use any time of the day, every single day. MCLEAN HOSPITAL covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MCLEAN HOSPITAL 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 | MCLEAN HOSPITAL | 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
MCLEAN HOSPITAL offers first-class financial benefits for employees and their family members. A first-class 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: MCLEAN HOSPITAL has a superb 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. MCLEAN HOSPITAL 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 superb MCLEAN HOSPITAL has Matching program that matches 75% of employees' contributions. Whatever MCLEAN HOSPITAL contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MCLEAN HOSPITAL. Recognizing that every team member is unique, with specific needs and goals, MCLEAN HOSPITAL keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MCLEAN HOSPITAL has a good 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: MCLEAN HOSPITAL offers superior bonuses to team members who excel in their field of work, provide extraordinary results for MCLEAN HOSPITAL, and encourage others to do the same.
- CHILDCARE DISCOUNT: MCLEAN HOSPITAL cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: MCLEAN HOSPITAL has a suitable 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: MCLEAN HOSPITAL offers a top-notch 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: MCLEAN HOSPITAL has an excellent 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: MCLEAN HOSPITAL offers a great life insurance policy to its team members for an affordable price. MCLEAN HOSPITAL 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: MCLEAN HOSPITAL 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: MCLEAN HOSPITAL believes that excellent volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why MCLEAN HOSPITAL offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: MCLEAN HOSPITAL has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MCLEAN HOSPITAL | 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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