This report analyzes and compares OCEANS HEALTHCARE's employee health insurance and employee benefits with its industry and in Louisiana 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
OCEANS HEALTHCARE offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. OCEANS HEALTHCARE believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: OCEANS HEALTHCARE believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. OCEANS HEALTHCARE has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: OCEANS HEALTHCARE believes that an outstanding coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: OCEANS HEALTHCARE encourages its team members to work on their existing skills and gain new ones continually. By providing suitable development resources, OCEANS HEALTHCARE supports their team members on their journey to perfection. Employees have a wide range of suitable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: OCEANS HEALTHCARE has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: OCEANS HEALTHCARE does not offer leadership programs.
- ONBOARDING: OCEANS HEALTHCARE does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, OCEANS HEALTHCARE implemented a valuable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: OCEANS HEALTHCARE has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at OCEANS HEALTHCARE.
Benefit | OCEANS HEALTHCARE | Industry | Louisiana |
|---|---|---|---|
| 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
OCEANS HEALTHCARE offers superb 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 OCEANS HEALTHCARE's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: OCEANS HEALTHCARE is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why OCEANS HEALTHCARE implemented a good counseling program that helps team members during office hours. Employees can receive a psychological and emotional support during difficult periods of their time and learn how to effectively cope with stress. This good counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at OCEANS HEALTHCARE 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. OCEANS HEALTHCARE partially pays for dentures and braces as well.
- HEALTH INSURANCE: OCEANS HEALTHCARE offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE has a solid 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. OCEANS HEALTHCARE can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: OCEANS HEALTHCARE offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | OCEANS HEALTHCARE | Industry | Louisiana |
|---|---|---|---|
| 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
OCEANS HEALTHCARE 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: OCEANS HEALTHCARE 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. OCEANS HEALTHCARE 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 OCEANS HEALTHCARE has Matching program that matches 75% of employees' contributions. Whatever OCEANS HEALTHCARE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave OCEANS HEALTHCARE. Recognizing that every team member is unique, with specific needs and goals, OCEANS HEALTHCARE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: OCEANS HEALTHCARE does not offer adoption assistance reimbursement.
- BONUS PAY: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE has an excellent childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: OCEANS HEALTHCARE has a solid 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: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE 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: OCEANS HEALTHCARE has an excellent 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: OCEANS HEALTHCARE does not offer paid volunteer time off.
- PARENTAL LEAVE: OCEANS HEALTHCARE has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | OCEANS HEALTHCARE | Industry | Louisiana |
|---|---|---|---|
| 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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