This report analyzes and compares NEXTSOURCE's employee health insurance and employee benefits with its industry and in New York State.

COMPARE NEXTSOURCE'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

NEXTSOURCE offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. NEXTSOURCE believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.

  • CAREER PLANNING: NEXTSOURCE offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, NEXTSOURCE makes sure that every single team member takes the full advantage of superb career planning programs.
  • COACHING AND MENTORING: NEXTSOURCE does not offer coaching and mentoring.
  • DEVELOPMENT RESOURCES: NEXTSOURCE 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: NEXTSOURCE has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: NEXTSOURCE offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by NEXTSOURCE to grow as leaders and learn how to make tough calls.
  • ONBOARDING: NEXTSOURCE is aware of the difficulties that new employees might experience when they join the team. That's why NEXTSOURCE has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: NEXTSOURCE has a superior 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: NEXTSOURCE does not offer tuition reimbursement.
NEXTSOURCE's career benefits comparison table

Benefit

NEXTSOURCE

Industry

New York

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

NEXTSOURCE offers first-class 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 NEXTSOURCE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: NEXTSOURCE has an exceptional counseling program for its employees and their family members. Team members are encouraged by NEXTSOURCE to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
  • DENTAL PLAN: NEXTSOURCE offers a good 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: NEXTSOURCE offers a superb health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
  • HEALTH PLAN INCENTIVES: NEXTSOURCE is aware of the fact that a healthy employee is a productive employee so it offers impressive 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: NEXTSOURCE 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: NEXTSOURCE offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
  • TELEHEALTH: NEXTSOURCE has a suitable 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. NEXTSOURCE can recommend a certain doctor or institution and covers up to 50% of the costs.
  • VISION PLAN: NEXTSOURCE has an outstanding Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
NEXTSOURCE's healthcare benefits comparison table

Benefit

NEXTSOURCE

Industry

New York

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

NEXTSOURCE 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: NEXTSOURCE 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, NEXTSOURCE 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, NEXTSOURCE offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: NEXTSOURCE has an excellent Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
  • BONUS PAY: NEXTSOURCE offers superior bonuses to team members who excel in their field of work, provide extraordinary results for NEXTSOURCE, and encourage others to do the same.
  • CHILDCARE DISCOUNT: NEXTSOURCE offers a good discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: NEXTSOURCE offers excellent commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: NEXTSOURCE offers an impressive 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: NEXTSOURCE 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: NEXTSOURCE offers a great life insurance policy to its team members for an affordable price. NEXTSOURCE 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: NEXTSOURCE has an outstanding 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: NEXTSOURCE recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by NEXTSOURCE, on volunteer work of their choice.
  • PARENTAL LEAVE: NEXTSOURCE has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
NEXTSOURCE's financial benefits comparison table

Benefit

NEXTSOURCE

Industry

New York

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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