This report analyzes and compares REGENERON PHARMACEUTICALS' employee health insurance and employee benefits with its industry and in New York 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
REGENERON PHARMACEUTICALS offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. REGENERON PHARMACEUTICALS believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: REGENERON PHARMACEUTICALS offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, REGENERON PHARMACEUTICALS makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: REGENERON PHARMACEUTICALS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: REGENERON PHARMACEUTICALS offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: REGENERON PHARMACEUTICALS has an outstanding GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: REGENERON PHARMACEUTICALS is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, REGENERON PHARMACEUTICALS ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: REGENERON PHARMACEUTICALS is aware of the difficulties that new employees might experience when they join the team. That's why REGENERON PHARMACEUTICALS has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: REGENERON PHARMACEUTICALS has a top-notch 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: REGENERON PHARMACEUTICALS does not offer tuition reimbursement.
Benefit | REGENERON PHARMACEUTICALS | 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
REGENERON PHARMACEUTICALS has great health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers great dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a great healthcare spending account at their disposal.
- COUNSELING: REGENERON PHARMACEUTICALS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why REGENERON PHARMACEUTICALS implemented a great 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 great counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: REGENERON PHARMACEUTICALS offers a valuable 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: REGENERON PHARMACEUTICALS offers a great health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: REGENERON PHARMACEUTICALS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: REGENERON PHARMACEUTICALS has a superior 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, REGENERON PHARMACEUTICALS has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: REGENERON PHARMACEUTICALS does not offer telehealth.
- VISION PLAN: REGENERON PHARMACEUTICALS 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 | REGENERON PHARMACEUTICALS | 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
REGENERON PHARMACEUTICALS offers superb financial benefits for employees and their family members. A superb 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: REGENERON PHARMACEUTICALS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: REGENERON PHARMACEUTICALS has an extraordinary 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: REGENERON PHARMACEUTICALS has a suitable 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: REGENERON PHARMACEUTICALS does not offer childcare discount.
- COMMUTER BENEFIT: REGENERON PHARMACEUTICALS 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: REGENERON PHARMACEUTICALS offers a superb 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: REGENERON PHARMACEUTICALS offers a superior 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: REGENERON PHARMACEUTICALS 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: REGENERON PHARMACEUTICALS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why REGENERON PHARMACEUTICALS has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: REGENERON PHARMACEUTICALS recognizes the importance of giving back to the community so it offers a valuable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by REGENERON PHARMACEUTICALS, on volunteer work of their choice.
- PARENTAL LEAVE: REGENERON PHARMACEUTICALS has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | REGENERON PHARMACEUTICALS | 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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