Employees can choose the Preferred Provider Plan (PPO), one of two High Deductible Health Plans (HDHP), Health Maintenance Organization Plan (HMO) - NY employees only, or no coverage. A Health Savings Account (HSA) is available for those in the HDHP. All plans cover the same range of benefits including hospital, surgical, maternity, x-ray, doctor fees, lab exams, prescription drugs, mental health care, and substance abuse treatment. Employees pay a portion of the premium. A wellness rewards program is available to those enrolled in a HDHP.
There are two dental plans to choose. Benefits are paid at a higher level if an in-network provider is used. Both options cover the same range of benefits including oral exam, x-rays, fillings, root canals, crowns, and some orthodontia benefits for eligible dependent children. Employees pay a portion of the premium.
Vision covers exam and glasses or contacts. Benefits are paid at a higher level if a participating provider is used. Employees pay a portion of the premium.
401(k) Savings Program and Capital Accumulation Plan
The 401 (k) company contribution is $.50 for every $1 of the first 8% of your base compensation that you save in the plan. The Capital Accumulation Plan (CAP) is another retirement plan, where the company contributes 3%-6% of your base salary depending on your years of service. You must wait 3 years to have a permanent right to this money.
Tuition and Training
Tuition reimbursement is available after satisfactory course completion for approved courses and degree programs that benefit your work discipline. Other training is also available such as computer or technical training.
Paid Time Off
Paid time off is provided for vacation, holidays, and sickness. One hundred twenty hours of vacation time is available during the first year of hire, along with 40 hours of medical time.
9/80 Alternative Work Schedule and Flexible Start/End Times
This is a compressed work schedule where 80 hours are worked over 9 days in a 2-week period. Employees on 9/80 will be scheduled to work eight 9-hour days, one 8-hour day, and have one day off in a 2-week period. BPMI employees may also choose a standard work schedule with a start time between 6am and 8:30am.
The company offers great Paid/Medical Time Off, along with matching a 401K. They provide good health, dental, vision insurance. There is no flexibility to work from home, but they do offer a 9/80 schedule.
Great benefit package. The retirement saving plans are very nice. The benefit staff in HR are nice and always willing to help!
Healthcare, Dental, 401K, EAP Program, Pension Plan (discontinued for new employees). The benefit plans are adequate and are equal to or slightly less than other large companies. The premiums on the healthcare plans have been creeping up along with the required deductibles. Prescription coverage is not that great. Healthcare plan does not cover a gym membership. 401K match 50% up to 6%. There was a pension plan that I am part of, but it has been discontinued for newer employees and replaced by another type of savings plan (however most companies have discontinued pension plans). Vacation and sick time are generous. No year end bonuses for employees due to the nature of work and funding, so your base salary is your compensation. There is tuition reimbursement for some approved MS programs, but they will not cover certifications which are more beneficial to the line of work. There are very few corporate discounts or free corporate swag offered as a perk. Mostly small discounts with phone companies. Employee-family events are very few compared to other companies in the area.
amazing - 2 weeks personal time the first day you walk in the door
9/80 schedule. Benefits begin on hire date. Medical, vision, and Dental w/ a health savings account for medical. For a single person w/ no dependents it is ~35 per pay (70/month) but that's going up by about 10 dollars in the upcoming year to 45 per pay. 401k with $.50 match up to 8%. Extra 3% added for free that only vests if you stay for 3 years. Some employee discounts around town. Decent vacation 3 weeks your first year starting at 40 hrs, although if you work 9/80 schedule you have to use an hour of pto for each holiday unless it falls on a Friday.
9/80 option is nice. Benefits are really good overall.
Absolutely average in every way. Worst negative was the 401k investment options via Fidelity. To my memory, there were increment 'target year' funds, a retirement bond, two bond options, and 4 stock/equity options. All of these options grossly underperformed the indexes.
company parties, work-life balance, 9/80 schedule, vacation days, 401k.
Great vacation plan - 3 weeks to start then another week after (total of 4) at 3 years. 401k matches 1/2 up to 8% -another 3% is provided (no contirbution needed) and vested after 3 years 1 week of sick leave every year Don't get paid overtime
The best thing about BPMI is the work/life balance. There is personal time and medical time (for you or an immediate family member), as well as standard holidays and floating holidays. You can even take your time off in hour increments (not just a full day or half day). If you don't want to use your accrued time off, then flex your time instead to make up the hours in the same pay period. Want more days off? Opt for a 9/80 work schedule for every other Friday or Monday off. Oh, and you can roll over your accrued time each year to always have a bank, just in case something comes up. BPMI also offers short-term disability and long-term disability programs.
List based on reports from current and former employees. It may not be complete.