Employee Benefits

Summary of Employee Benefits

 

Health Benefits

Medical Plan

Company pays between 75-80% of premiums

  • Blue Cross Blue Shield PPO Preferred BLUE
  • Medical Stipend (Company pays employees who decline coverage a cash stipend of $2,400/year)

Dental Plan

Company pays 80% of premiums

  • Delta Dental of MA – PPO Plus Premier

Vision Plan

  • EyeMed Vision Care

Insurance Benefits

Life/AD&D Insurance

Company pays 100% of cost

  • Lincoln Financial (1X annual earnings to $100,000)

Short-Term Disability Insurance

Company pays 100% of cost

  • Lincoln Financial (60% of monthly earnings)
  • 13 week duration, 8 day elimination period

Long-Term Disability Insurance

Company pays 100% of cost

  • Lincoln Financial (60% of monthly earnings up to $10,000/month)
  • Benefits paid on taxable basis

Financial Benefits

Flexible Spending Account / Dependent Care

  • Pre-tax payment of out-of-pocket medical and childcare costs

401(k) Plan

  • Vanguard Funds 401k plan
  • Starts date of hire

Community Benefits

  • Pre-tax payments of MBTA
  • Discounted daily parking at $12/day

Subsidized Gym Membership

  • Cambridge Athletic Club (downstairs)
  • Company pays $30/month, employee pays $29/month

Time Off

  • Paid Time Off: 20 days maximum/year accrued at 1.67 days/month
  • Carryover: Up to 5 days/year
  • Floating Holidays: 2 days/year
  • Company Holidays: 10 for 2016 (11 for 2017)

WORK CULTURE

  • Plenty of drinks and snacks in the office
  • Weekly ‘Wine & Cheese’

Note: All benefits begin on date of hire.