This report analyzes and compares MIT ENTREPRENEURSHIP REVIEW'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
MIT ENTREPRENEURSHIP REVIEW has remarkable 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 MIT ENTREPRENEURSHIP REVIEW. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MIT ENTREPRENEURSHIP REVIEW continually evaluates its team members to determine the potential and direction of employees' careers. The impressive tools that MIT ENTREPRENEURSHIP REVIEW uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: MIT ENTREPRENEURSHIP REVIEW does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: MIT ENTREPRENEURSHIP REVIEW 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: MIT ENTREPRENEURSHIP REVIEW has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: MIT ENTREPRENEURSHIP REVIEW offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by MIT ENTREPRENEURSHIP REVIEW to grow as leaders and learn how to make tough calls.
- ONBOARDING: MIT ENTREPRENEURSHIP REVIEW does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, MIT ENTREPRENEURSHIP REVIEW implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: MIT ENTREPRENEURSHIP REVIEW 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 MIT ENTREPRENEURSHIP REVIEW.
Benefit | MIT ENTREPRENEURSHIP REVIEW | 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
MIT ENTREPRENEURSHIP REVIEW offers remarkable 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 MIT ENTREPRENEURSHIP REVIEW's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MIT ENTREPRENEURSHIP REVIEW wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its first-class counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: MIT ENTREPRENEURSHIP REVIEW offers a solid dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: MIT ENTREPRENEURSHIP REVIEW provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: MIT ENTREPRENEURSHIP REVIEW 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: MIT ENTREPRENEURSHIP REVIEW offers an outstanding 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: MIT ENTREPRENEURSHIP REVIEW offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MIT ENTREPRENEURSHIP REVIEW has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. MIT ENTREPRENEURSHIP REVIEW covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MIT ENTREPRENEURSHIP REVIEW provides a top-notch 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 | MIT ENTREPRENEURSHIP REVIEW | 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
Team members enjoy suitable financial benefits at MIT ENTREPRENEURSHIP REVIEW. 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. MIT ENTREPRENEURSHIP REVIEW offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect MIT ENTREPRENEURSHIP REVIEW to partially cover the expenses.
- 401(K) PLAN: MIT ENTREPRENEURSHIP REVIEW has a superior 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. MIT ENTREPRENEURSHIP REVIEW 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 superior MIT ENTREPRENEURSHIP REVIEW has Matching program that matches 75% of employees' contributions. Whatever MIT ENTREPRENEURSHIP REVIEW contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave MIT ENTREPRENEURSHIP REVIEW. Recognizing that every team member is unique, with specific needs and goals, MIT ENTREPRENEURSHIP REVIEW keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: MIT ENTREPRENEURSHIP REVIEW does not offer adoption assistance reimbursement.
- BONUS PAY: MIT ENTREPRENEURSHIP REVIEW has a good bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: MIT ENTREPRENEURSHIP REVIEW does not offer childcare discount.
- COMMUTER BENEFIT: MIT ENTREPRENEURSHIP REVIEW acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: MIT ENTREPRENEURSHIP REVIEW has a great 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: MIT ENTREPRENEURSHIP REVIEW has a valuable 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 valuable coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: MIT ENTREPRENEURSHIP REVIEW offers an extraordinary 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 extraordinary life insurance package contains dependent policies as well.
- PAID TIME OFF: MIT ENTREPRENEURSHIP REVIEW wants for its team members to lead a happy and fulfilled life so it has a great 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: MIT ENTREPRENEURSHIP REVIEW recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by MIT ENTREPRENEURSHIP REVIEW, on volunteer work of their choice.
- PARENTAL LEAVE: MIT ENTREPRENEURSHIP REVIEW has an extraordinary parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MIT ENTREPRENEURSHIP REVIEW | 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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