This report analyzes and compares UNIVERSAL HOSPITAL SERVICES' employee health insurance and employee benefits with its industry and in Minnesota 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
UNIVERSAL HOSPITAL SERVICES has superb career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the UNIVERSAL HOSPITAL SERVICES. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: UNIVERSAL HOSPITAL SERVICES offers first-class possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, UNIVERSAL HOSPITAL SERVICES makes sure that every single team member takes the full advantage of first-class career planning programs.
- COACHING AND MENTORING: UNIVERSAL HOSPITAL SERVICES believes that an excellent coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: extraordinary development resources are what allows UNIVERSAL HOSPITAL SERVICES to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in extraordinary workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: UNIVERSAL HOSPITAL SERVICES has a good GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: UNIVERSAL HOSPITAL SERVICES is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, UNIVERSAL HOSPITAL SERVICES ensures that team members with a potential for becoming leaders can achieve their goals.
- 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 UNIVERSAL HOSPITAL SERVICES offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: UNIVERSAL HOSPITAL SERVICES 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 UNIVERSAL HOSPITAL SERVICES.
- TUITION REIMBURSEMENT: UNIVERSAL HOSPITAL SERVICES does not offer tuition reimbursement.
Benefit | UNIVERSAL HOSPITAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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
UNIVERSAL HOSPITAL SERVICES has solid health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers solid 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 solid healthcare spending account at their disposal.
- COUNSELING: UNIVERSAL HOSPITAL SERVICES does not offer counseling.
- DENTAL PLAN: Team members at UNIVERSAL HOSPITAL SERVICES 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. UNIVERSAL HOSPITAL SERVICES partially pays for dentures and braces as well.
- HEALTH INSURANCE: UNIVERSAL HOSPITAL SERVICES offers a good health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: UNIVERSAL HOSPITAL SERVICES offers its team members first-class 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. UNIVERSAL HOSPITAL SERVICES provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, UNIVERSAL HOSPITAL SERVICES offers a valuable 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: UNIVERSAL HOSPITAL SERVICES has a great maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: UNIVERSAL HOSPITAL SERVICES does not offer telehealth.
- VISION PLAN: UNIVERSAL HOSPITAL SERVICES has an extraordinary 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.
Benefit | UNIVERSAL HOSPITAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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
UNIVERSAL HOSPITAL SERVICES 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: UNIVERSAL HOSPITAL SERVICES knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 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 UNIVERSAL HOSPITAL 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, UNIVERSAL HOSPITAL SERVICES provides resources which will help team members decide what to do with their 401(k) plan. UNIVERSAL HOSPITAL SERVICES offers a suitable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: UNIVERSAL HOSPITAL SERVICES has an exceptional 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: UNIVERSAL HOSPITAL SERVICES 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: UNIVERSAL HOSPITAL SERVICES does not offer childcare discount.
- COMMUTER BENEFIT: UNIVERSAL HOSPITAL SERVICES offers extraordinary 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: UNIVERSAL HOSPITAL SERVICES offers a first-class 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: UNIVERSAL HOSPITAL 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: UNIVERSAL HOSPITAL SERVICES offers a solid life insurance policy to its team members for an affordable price. UNIVERSAL HOSPITAL SERVICES 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: UNIVERSAL HOSPITAL SERVICES wants for its team members to lead a happy and fulfilled life so it has a valuable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: UNIVERSAL HOSPITAL SERVICES recognizes the importance of giving back to the community so it offers a suitable volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by UNIVERSAL HOSPITAL SERVICES, on volunteer work of their choice.
- PARENTAL LEAVE: UNIVERSAL HOSPITAL SERVICES has a good parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | UNIVERSAL HOSPITAL SERVICES | Industry | Minnesota |
|---|---|---|---|
| 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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