This report analyzes and compares PROVIDENCE HEALTH & SERVICES' employee health insurance and employee benefits with its industry and in Washington 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
PROVIDENCE HEALTH & SERVICES offers extraordinary career benefits to help its team members achieve their full potential and maximize their contributions to PROVIDENCE HEALTH & SERVICES with rich developmental resources, fully covered tuitions for colleges, and effective onboarding programs. For employees who have what it takes to be a leader, PROVIDENCE HEALTH & SERVICES offers extraordinary leadership programs.
- CAREER PLANNING: PROVIDENCE HEALTH & SERVICES continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that PROVIDENCE HEALTH & SERVICES uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: PROVIDENCE HEALTH & SERVICES 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: exceptional development resources are what allows PROVIDENCE HEALTH & SERVICES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in exceptional workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: PROVIDENCE HEALTH & SERVICES has a great GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: PROVIDENCE HEALTH & SERVICES offers a wide variety of superior courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by PROVIDENCE HEALTH & SERVICES to grow as leaders and learn how to make tough calls.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why PROVIDENCE HEALTH & SERVICES offers an excellent Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: PROVIDENCE HEALTH & SERVICES 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 PROVIDENCE HEALTH & SERVICES.
- TUITION REIMBURSEMENT: PROVIDENCE HEALTH & SERVICES realizes that continuous education is a key to success so it has an exceptional Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | PROVIDENCE HEALTH & SERVICES | Industry | Washington |
|---|---|---|---|
| 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
PROVIDENCE HEALTH & SERVICES 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 PROVIDENCE HEALTH & SERVICES's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: PROVIDENCE HEALTH & SERVICES wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its remarkable 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: Team members at PROVIDENCE HEALTH & SERVICES have a top-notch dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. PROVIDENCE HEALTH & SERVICES partially pays for dentures and braces as well.
- HEALTH INSURANCE: PROVIDENCE HEALTH & SERVICES provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: PROVIDENCE HEALTH & SERVICES offers its team members superb health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. PROVIDENCE HEALTH & SERVICES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: PROVIDENCE HEALTH & SERVICES has a remarkable 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: Aware of the challenges that come with pregnancy, PROVIDENCE HEALTH & SERVICES has created a superior maternity support program to support its expecting team members.
- TELEHEALTH: PROVIDENCE HEALTH & SERVICES does not offer telehealth.
- VISION PLAN: PROVIDENCE HEALTH & SERVICES 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 | PROVIDENCE HEALTH & SERVICES | Industry | Washington |
|---|---|---|---|
| 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
PROVIDENCE HEALTH & SERVICES offers remarkable financial benefits for employees and their family members. A remarkable 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: PROVIDENCE HEALTH & SERVICES knows how important it is to think about retirement and start saving on time. That's why it offers a good 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and PROVIDENCE HEALTH & SERVICES will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, PROVIDENCE HEALTH & SERVICES provides resources which will help team members decide what to do with their 401(k) plan. PROVIDENCE HEALTH & SERVICES offers a good vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: PROVIDENCE HEALTH & SERVICES has a great 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: PROVIDENCE HEALTH & SERVICES has a solid 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: PROVIDENCE HEALTH & SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: PROVIDENCE HEALTH & SERVICES acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: PROVIDENCE HEALTH & SERVICES offers a superior 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: PROVIDENCE HEALTH & SERVICES 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: PROVIDENCE HEALTH & SERVICES has a superior life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: PROVIDENCE HEALTH & SERVICES 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: PROVIDENCE HEALTH & SERVICES does not offer paid volunteer time off.
- PARENTAL LEAVE: PROVIDENCE HEALTH & SERVICES has an outstanding parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | PROVIDENCE HEALTH & SERVICES | Industry | Washington |
|---|---|---|---|
| 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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