This report analyzes and compares WELLMED MEDICAL MANAGEMENT's employee health insurance and employee benefits with its industry and in Texas 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
WELLMED MEDICAL MANAGEMENT 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 WELLMED MEDICAL MANAGEMENT. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: WELLMED MEDICAL MANAGEMENT believes that career planning of each employee is a key to a successful business and offers valuable opportunities so that the employees can reach their full potential. WELLMED MEDICAL MANAGEMENT has valuable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: WELLMED MEDICAL MANAGEMENT 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 WELLMED MEDICAL MANAGEMENT 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: WELLMED MEDICAL MANAGEMENT has a remarkable policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: WELLMED MEDICAL MANAGEMENT offers a wide variety of top-notch courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by WELLMED MEDICAL MANAGEMENT to grow as leaders and learn how to make tough calls.
- ONBOARDING: WELLMED MEDICAL MANAGEMENT is aware of the difficulties that new employees might experience when they join the team. That's why WELLMED MEDICAL MANAGEMENT has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: WELLMED MEDICAL MANAGEMENT has a first-class 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: WELLMED MEDICAL MANAGEMENT has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | WELLMED MEDICAL MANAGEMENT | Industry | Texas |
|---|---|---|---|
| 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
WELLMED MEDICAL MANAGEMENT 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 WELLMED MEDICAL MANAGEMENT's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: WELLMED MEDICAL MANAGEMENT wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb 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 WELLMED MEDICAL MANAGEMENT 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. WELLMED MEDICAL MANAGEMENT partially pays for dentures and braces as well.
- HEALTH INSURANCE: WELLMED MEDICAL MANAGEMENT offers a remarkable health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, WELLMED MEDICAL MANAGEMENT offers solid health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: WELLMED MEDICAL MANAGEMENT offers an impressive 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: WELLMED MEDICAL MANAGEMENT has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: WELLMED MEDICAL MANAGEMENT has a good telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. WELLMED MEDICAL MANAGEMENT can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: WELLMED MEDICAL MANAGEMENT has an outstanding 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 | WELLMED MEDICAL MANAGEMENT | Industry | Texas |
|---|---|---|---|
| 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
WELLMED MEDICAL MANAGEMENT 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: WELLMED MEDICAL MANAGEMENT has an impressive 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, WELLMED MEDICAL MANAGEMENT offers an impressive 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, WELLMED MEDICAL MANAGEMENT offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: WELLMED MEDICAL MANAGEMENT has an outstanding 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: WELLMED MEDICAL MANAGEMENT offers top-notch bonuses to team members who excel in their field of work, provide extraordinary results for WELLMED MEDICAL MANAGEMENT, and encourage others to do the same.
- CHILDCARE DISCOUNT: WELLMED MEDICAL MANAGEMENT offers a suitable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: WELLMED MEDICAL MANAGEMENT has a solid commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: WELLMED MEDICAL MANAGEMENT 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: WELLMED MEDICAL MANAGEMENT offers a top-notch 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: WELLMED MEDICAL MANAGEMENT has a top-notch 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: WELLMED MEDICAL MANAGEMENT has an excellent 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: WELLMED MEDICAL MANAGEMENT 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 WELLMED MEDICAL MANAGEMENT, on volunteer work of their choice.
- PARENTAL LEAVE: WELLMED MEDICAL MANAGEMENT has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | WELLMED MEDICAL MANAGEMENT | Industry | Texas |
|---|---|---|---|
| 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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