porphyrin: (Default)
porphyrin ([personal profile] porphyrin) wrote2004-09-21 08:57 am

OK, so.

Having never held a 'real job', I need some advice.

Do those sound like /poor/ fringe benefits or *good* fringe benefits?

1. BCBS coverage for the entire family, with any visits to any doctors at any of the St. Cloud Medical Group clinics being gratis (imaging other than plain X-ray is not gratis, but is covered by BCBS)

2. 401 K which you are eligible for after your first year (okay, 17 months because of the enrollment period) with 12 funds to choose from, and the employer matches 75 cents to the dollar, fully vested after 6 years (0%, 20%, 40$, etc), plus any quarterly profits being placed in the 401K after the first year

3. Life insurance-- 20K worth.

4. Disability insurance-- 4-6K of portable insurance and then non-portable to 65% of your income.

5. All moving expenses paid for.

6. 5 paid sick days. 16 vacation days. 4 Continuing Medical Education days (count as vacation).

7. $3K toward continuing medical education expenses.

8. $1K to cover your choice of dental & optical plans for the year.

Maybe I'm just razzle-dazzled by my first job offer ever?

[identity profile] retrobabble.livejournal.com 2004-09-21 04:00 pm (UTC)(link)
Ok, I have to step in here.

The 401k is looks pretty good from the small business perspective (you can expect .50-1.00 matching, if there is anything at all, and most plans I've ever seen have a year wait before entry); all moving expenses is also good. The dental and optical is a little low and so is the life insurance. (says the person who typically doesn't get either in her field.)

What do the countable out-of-pocket perks run up to? Depending on how far you move, moving expenses can run anywhere from $ 1,500.00-$7,000.00 or more.(Yes, they do; remember where I moved from. *g*)

Whether it's indicative of a standard offer in your field, I don't know. But it sounds good for a first offer to me.