This report analyzes and compares SOUND PHYSICIANS' 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
SOUND PHYSICIANS offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. SOUND PHYSICIANS believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: SOUND PHYSICIANS believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. SOUND PHYSICIANS has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: SOUND PHYSICIANS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: SOUND PHYSICIANS encourages its team members to work on their existing skills and gain new ones continually. By providing good development resources, SOUND PHYSICIANS supports their team members on their journey to perfection. Employees have a wide range of good resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: SOUND PHYSICIANS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: SOUND PHYSICIANS believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that SOUND PHYSICIANS provides for them, employees are able to learn what makes or breaks a leader.
- 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 SOUND PHYSICIANS offers an extraordinary Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: SOUND PHYSICIANS knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to SOUND PHYSICIANS.
- TUITION REIMBURSEMENT: SOUND PHYSICIANS does not offer tuition reimbursement.
Benefit | SOUND PHYSICIANS | 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
SOUND PHYSICIANS 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 SOUND PHYSICIANS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: SOUND PHYSICIANS is aware of the fact that its employees can sometimes experience stress at the workplace or have some other psychological issues. That's why SOUND PHYSICIANS implemented a valuable 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 valuable counseling program includes nutritional and fitness information as well.
- DENTAL PLAN: Team members at SOUND PHYSICIANS 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. SOUND PHYSICIANS partially pays for dentures and braces as well.
- HEALTH INSURANCE: SOUND PHYSICIANS offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: SOUND PHYSICIANS offers its team members superior 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. SOUND PHYSICIANS provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SOUND PHYSICIANS offers a solid healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
- MATERNITY SUPPORT PROGRAM: SOUND PHYSICIANS offers an impressive maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: SOUND PHYSICIANS has an extraordinary telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: SOUND PHYSICIANS 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 | SOUND PHYSICIANS | 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
Team members enjoy valuable financial benefits at SOUND PHYSICIANS. 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. SOUND PHYSICIANS offers valuable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect SOUND PHYSICIANS to partially cover the expenses.
- 401(K) PLAN: SOUND PHYSICIANS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: SOUND PHYSICIANS 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: SOUND PHYSICIANS offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for SOUND PHYSICIANS, and encourage others to do the same.
- CHILDCARE DISCOUNT: SOUND PHYSICIANS does not offer childcare discount.
- COMMUTER BENEFIT: SOUND PHYSICIANS acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: SOUND PHYSICIANS has a solid 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: SOUND PHYSICIANS has a great 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 great coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: SOUND PHYSICIANS offers a valuable life insurance policy to its team members for an affordable price. SOUND PHYSICIANS 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: SOUND PHYSICIANS realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SOUND PHYSICIANS has a remarkable vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: SOUND PHYSICIANS believes that outstanding volunteer time off programs not only strengthens their brand but it also attracts the highest quality of employees. That's why SOUND PHYSICIANS offers its team members up to 50 hours of paid volunteer time off.
- PARENTAL LEAVE: SOUND PHYSICIANS has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | SOUND PHYSICIANS | 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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