Benefits - Comprehensive, Flexible, Affordable
Cedars-Sinai offers a comprehensive benefits package to meet the needs of today's employees. Our benefits package has been designed to be flexible, allowing you to choose the coverage that works best for your personal or family situation and then change your coverage as you move through different phases of life.
Cedars-Sinai pays for a significant portion of the cost and you can customize your benefits by choosing from a variety of options including supplemental insurance.
Here's a summary highlighting key benefits offered at Cedars-Sinai to employees working 20 or more hours a week (the minimum hours required for benefits coverage). These benefits may change at any time, and benefit plan documents always take precedence over this or any other benefit description.
Retirement Benefits
Cedars-Sinai has a unique and progressive retirement program. We are one of very few employers in the United States to offer a choice between two types of retirement plans - an account-based defined contribution plan or a traditional defined benefit pension plan. You can choose the plan that best meets your needs:
Our employees have a choice of either a Defined Contribution Plan or a Defined Benefit Plan.
- Defined Contribution Plan - Cedars-Sinai deposits a contribution in a Defined Contribution Plan Account each quarter. The amount of contributed depends upon years of eligible service and pay. The contribution percentage grows with years of service. This plan pays a lump sum benefit when you leave Cedars-Sinai employment.
- Defined Benefit Plan - This plan pays a monthly benefit amount for your lifetime when you retire. This benefit is based on your pay while you're participating in this plan and your age when you retire and start payments.
- 403(b)Plan - You also have the opportunity to save and invest for retirement and defer income taxes on your pay in a 403(b) account. Cedars-Sinai matches 50% of your contributions up to 6% of pay (benefit-eligible employees only). Financial advisors are on site to assist you with financial planning and your investment strategy.
Healthcare Benefits
At the most basic level, our healthcare benefits protect you and your family from financially devastating healthcare expenses, in the event of a significant illness or injury. But at CSMC, we want our health plans to do more. Our plans are designed to help you prevent or diagnose health problems early and live a healthy life.
- Healthcare Benefits - Our medical plans - which include prescription drugs and vision exams - and dental plans are available for eligible employees, spouses or domestic partners and dependent children. You can choose between PPO or HMO style plans. Our healthcare benefits are unusual and progressive too - we subsidize more of the cost for employees who earn less. Plus, when you take advantage of the world-class care at a Cedars-Sinai, Medical Center hospitalization and emergency room charges are covered in full.
- Voluntary Vision Hardware Benefits - You can purchase coverage to help pay for the cost of eye glasses or contact lenses.
- Flexible Spending Accounts - You can pay your portion of healthcare premiums for yourself (and for family members who meet IRS qualifications) on a pre-tax basis, reducing the amount of income taxes owed. We also have Health Care and Dependent Care Reimbursement Accounts to help you save on out-of-pocket healthcare costs and dependent care that makes it possible for you to work.
Insurance Benefits
CSMC provides insurance benefits to help you protect your income and your family's financial security.
- Life and Accident Insurance - Eligible employees are covered by a term life insurance policy and an accidental death & dismemberment policy paid by Cedars-Sinai.
- Voluntary Life and Accident Insurance - You can purchase an additional layer of life insurance for yourself and your family through our group voluntary term life and AD&D insurance plans.
- Long-Term Disability Insurance - Cedars-Sinai provides long term disability insurance to protect against the loss of salary or wages if you're disabled due to illness and injury and cannot work.
- Legal Plan - For a small fee, you can purchase prepaid legal services from a Hyatt Plan attorney. This includes services such as telephone and personal consultations, help preparing legal documents and wills, and court appearances, to name a few.
- Auto & Home Insurance - You can apply for MetLife Auto & Home insurance at group rates and pay through payroll deduction.
- Pet Insurance - You can apply for MetLife's Veterinary Pet Insurance to help pay for your pet's veterinary care.
Vacation Holiday Sick (VHS) and Other Time Off
Employees accumulate hours in a VHS account for vacations, holidays, short-term illness or any other personal needs. Accrual rates grow with years of service.
Eligible employees also earn up to 6 extended sick leave days per year for longer illnesses in a separate account. And eligible employees who lose members of their immediate family may take up to 3 days of paid bereavement leave.
There may be times when you need a longer leave from CSMC than you¿ve accumulated in your VHS account, for instance, for FMLA, maternity leave or military leave. Leaves of absences are typically unpaid, but they allow you to return to CSMC employment without benefit waiting periods or loss of vesting. Most leaves require a certain length of service before you¿re eligible (varies by leave type) and are subject federal or state laws and regulations.
Employee Discounts
The Recreation Connection offers discount tickets to movies, theme parks, baseball games, theater, ski lifts, vacation trips and more from its onsite office.
Employee Assistance Program
The Work 'n' Life Matters Program helps employees be their best at work and at home with support, resources and education. Services are free and strictly confidential.
Childcare Resource Service
Our customized childcare resource program provides referrals to quality childcare and public or private schools, helping you choose the best care for your child. We also assist with planning for childcare emergencies. You may talk with a parenting specialist, who can help with many types of needs, including planning for a maternity leave. Childcare and parent information packets and a parenting library are also available.
Tuition Reimbursement
For those wishing to finish their education or pursue more training, Cedars-Sinai reimburses you for education and training expenses in healthcare careers.
Credit Union
Cedars-Sinai offers an inexpensive and convenient way to save with our onsite credit union. The Cedars-Sinai Federal Credit Union offers savings accounts, investment and loans and other saving options. Deposits up to $250,000 are insured by the National Credit Union Administration.
Direct Deposit
As a convenience and so that funds are immediately available, payroll checks can be deposited directly into your bank account.
Parking
Secured parking is available for employees. Monthly fees vary depending on parking location.
Rideshare Incentives
To help create cleaner air, lighter traffic and less crowded parking structures and to save on parking and driving expenses, Cedars-Sinai encourages and incentivizes employees to ride to work with coworkers.
Employee Referral Program
Employees who refer friends to Cedars-Sinai can earn significant bonuses if those candidates are hired as a result of the referrals. Bonus amounts depend on the positions filled.
To search for job opportunities at Cedars-Sinai, go to our
Career Center.
Cedars-Sinai is an Equal Opportunity Employer that welcomes and encourages diversity in the workplace.
