This report analyzes and compares MCLEOD HEALTH's employee health insurance and employee benefits with its industry and in South 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
MCLEOD HEALTH 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 MCLEOD HEALTH. superior tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MCLEOD HEALTH believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. MCLEOD HEALTH has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MCLEOD HEALTH 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: MCLEOD HEALTH encourages its team members to work on their existing skills and gain new ones continually. By providing solid development resources, MCLEOD HEALTH supports their team members on their journey to perfection. Employees have a wide range of solid resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: MCLEOD HEALTH has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: MCLEOD HEALTH is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, MCLEOD HEALTH ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: MCLEOD HEALTH is aware of the difficulties that new employees might experience when they join the team. That's why MCLEOD HEALTH has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: MCLEOD HEALTH knows that dedicated team members are hard to come by so it has an impressive Recognition program for those who stand out and continually contribute to MCLEOD HEALTH.
- TUITION REIMBURSEMENT: MCLEOD HEALTH has a first-class Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at MCLEOD HEALTH.
Benefit | MCLEOD HEALTH | Industry | South 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
MCLEOD HEALTH 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 MCLEOD HEALTH's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MCLEOD HEALTH does not offer counseling.
- DENTAL PLAN: Team members at MCLEOD HEALTH have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. MCLEOD HEALTH partially pays for dentures and braces as well.
- HEALTH INSURANCE: MCLEOD HEALTH provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: MCLEOD HEALTH is aware of the fact that a healthy employee is a productive employee so it offers outstanding 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: MCLEOD HEALTH 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: MCLEOD HEALTH 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: MCLEOD HEALTH has a good telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. MCLEOD HEALTH can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: MCLEOD HEALTH 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 | MCLEOD HEALTH | Industry | South 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
MCLEOD HEALTH 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: MCLEOD HEALTH has a remarkable 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. MCLEOD HEALTH 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 remarkable MCLEOD HEALTH has Matching program that matches 75% of employees' contributions. Whatever MCLEOD HEALTH contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MCLEOD HEALTH. Recognizing that every team member is unique, with specific needs and goals, MCLEOD HEALTH keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MCLEOD HEALTH has a superior 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 MCLEOD HEALTH.
- BONUS PAY: MCLEOD HEALTH 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: MCLEOD HEALTH does not offer childcare discount.
- COMMUTER BENEFIT: MCLEOD HEALTH 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: MCLEOD HEALTH offers an outstanding 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: MCLEOD HEALTH offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: MCLEOD HEALTH offers an impressive 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 impressive life insurance package contains dependent policies as well.
- PAID TIME OFF: MCLEOD HEALTH has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: MCLEOD HEALTH has a superb volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, MCLEOD HEALTH stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: MCLEOD HEALTH has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MCLEOD HEALTH | Industry | South 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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