This report analyzes and compares WAKEMED HEALTH & HOSPITALS' employee health insurance and employee benefits with its industry and in North Carolina State.

COMPARE WAKEMED HEALTH & HOSPITALS' EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

WAKEMED HEALTH & HOSPITALS 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 WAKEMED HEALTH & HOSPITALS. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: WAKEMED HEALTH & HOSPITALS offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, WAKEMED HEALTH & HOSPITALS makes sure that every single team member takes the full advantage of superior career planning programs.
  • COACHING AND MENTORING: By using a great coaching and mentoring program, WAKEMED HEALTH & HOSPITALS can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: exceptional development resources are what allows WAKEMED HEALTH & HOSPITALS 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: WAKEMED HEALTH & HOSPITALS has a first-class policy when it comes to GED reimbursement and participates with 1/2 of the costs.
  • LEADERSHIP PROGRAMS: WAKEMED HEALTH & HOSPITALS is always on the lookout for new leadership material and offers good development programs for its team members. With access to good resources, WAKEMED HEALTH & HOSPITALS 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 WAKEMED HEALTH & HOSPITALS offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
  • RECOGNITION PROGRAMS: WAKEMED HEALTH & HOSPITALS knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to WAKEMED HEALTH & HOSPITALS.
  • TUITION REIMBURSEMENT: WAKEMED HEALTH & HOSPITALS does not offer tuition reimbursement.
WAKEMED HEALTH & HOSPITALS's career benefits comparison table

Benefit

WAKEMED HEALTH & HOSPITALS

Industry

North Carolina

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

WAKEMED HEALTH & HOSPITALS offers superior 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 WAKEMED HEALTH & HOSPITALS's superior maternity support program, nutritional and psychological counseling, and health plan incentives.

  • COUNSELING: WAKEMED HEALTH & HOSPITALS has an extraordinary counseling program for its employees and their family members. Team members are encouraged by WAKEMED HEALTH & HOSPITALS to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
  • DENTAL PLAN: Team members at WAKEMED HEALTH & HOSPITALS 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. WAKEMED HEALTH & HOSPITALS partially pays for dentures and braces as well.
  • HEALTH INSURANCE: WAKEMED HEALTH & HOSPITALS provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
  • HEALTH PLAN INCENTIVES: WAKEMED HEALTH & HOSPITALS does not offer health plan incentives.
  • HEALTHCARE SPENDING ACCOUNTS: WAKEMED HEALTH & HOSPITALS offers an exceptional healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
  • MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, WAKEMED HEALTH & HOSPITALS has created a first-class maternity support program to support its expecting team members.
  • TELEHEALTH: WAKEMED HEALTH & HOSPITALS has implemented a first-class telehealth policy for its members to use any time of the day, every single day. WAKEMED HEALTH & HOSPITALS covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
  • VISION PLAN: WAKEMED HEALTH & HOSPITALS offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
WAKEMED HEALTH & HOSPITALS's healthcare benefits comparison table

Benefit

WAKEMED HEALTH & HOSPITALS

Industry

North Carolina

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

WAKEMED HEALTH & HOSPITALS offers top-notch financial benefits for employees and their family members. A top-notch 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: WAKEMED HEALTH & HOSPITALS has an excellent 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, WAKEMED HEALTH & HOSPITALS offers an excellent program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, WAKEMED HEALTH & HOSPITALS offers individual financial consultations so that each employee can create a personalized investment plan.
  • ADOPTION ASSISTANCE REIMBURSEMENT: WAKEMED HEALTH & HOSPITALS 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: WAKEMED HEALTH & HOSPITALS offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for WAKEMED HEALTH & HOSPITALS, and encourage others to do the same.
  • CHILDCARE DISCOUNT: WAKEMED HEALTH & HOSPITALS has an extraordinary childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
  • COMMUTER BENEFIT: WAKEMED HEALTH & HOSPITALS acknowledges the fact that some team members have high commuting costs so it offers them remarkable commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: WAKEMED HEALTH & HOSPITALS has a suitable 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: WAKEMED HEALTH & HOSPITALS 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: WAKEMED HEALTH & HOSPITALS has a superb 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: WAKEMED HEALTH & HOSPITALS 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: WAKEMED HEALTH & HOSPITALS does not offer paid volunteer time off.
  • PARENTAL LEAVE: WAKEMED HEALTH & HOSPITALS has an exceptional parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
WAKEMED HEALTH & HOSPITALS's financial benefits comparison table

Benefit

WAKEMED HEALTH & HOSPITALS

Industry

North Carolina

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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