Fresenius Medical Care - North America Benefits

Very comprehensive with minimal waiting period

Company offers good benefits including 401K, health and dental insurance, long and short term disability.

PTO includes hoildays so your not really getting the vscation they state

Didn't get any benefits as an intern

Great health care insurance, Average PTO, 401K could be better, just added 4 weeks+ paid paternal leave and family medical leave,

The company even provided assistance during hurricane. they provided generators and put our family in hotels.

401K matching policy is not great. Match provided once a year if employeed. Sick leave policy and time off policy arent great.

HR seems to be a very weak division in the Company, resulting in uncompetitive benefits packages to employees. One example is the 401k program: - Company matches only 50 cents on the dollar - The match is capped at 3% - The Company match is executed only ONCE per year for the entire year. This exposes all employees to fluctuations in the stock market, and goes against the best practice of staggered / cost averaging investment strategies. - An employee will receive the match ONLY if s/he was employed on December 31st (i.e. an employee who leaves any time during the year loses his/her ENTIRE year of matching) - All employer matching is subjected to five years of vesting - The 401k program offers very limited investment options, with more than half of options being target-date mutual funds / ETFs - The 401k program in managed by Wells Fargo, which offers a pathetically poor user experience. Statements are offered only on a quarterly basis instead of month-by-month, and offer only the 'bottom line' which prevents any real option to track the performance of investments. There are MUCH better alternatives out there (but they likely cost more too) When viewed through this light, it seems that every aspect is geared 'against' employees and in favor of- (or to save every cent possible for-) the Company. At the expense - literally - of its employees retirement.

PTO not active until 90 days of employment but company has required holidays employees must use PTO for. By the time my PTO kicked in I was already at -50.00 hours so I had to wait another few months before I had accrued any time I could willingly take.

unless you worked in the water room, it was difficult to work 40 hours. youd get 36-38 hours. and pto was taken out of your check each time to make up for those missing hours.