Durham Regional Among AARP Best Employers
By: Source: AARP.org Date Posted: 2007-10-11 14:05:02.126985-04:00
Durham Regional Hospital is included among the 2007 AARP Best Employers for Workers Over 50. The following highlights clearly validate the hospital's inclusion on the list of fifty outstanding firms and organizations selected for the honor.
The hospital designed its "Return to Work Program" for the retiree nurse community but it is also applicable to other areas of the hospital. The program offers financial preparedness for the retiree, full retirement benefit continuation, flexible hours, competitive pay, ergonomically sensitive programs, mentoring opportunities, and continued professional contributions.
Additional Policies and Best Practices:
- Workplace Culture/Continued Opportunities: Durham Regional Hospital offers in-house classroom training and on-line training to its full- and part-time employees. Full-time employees working at least 30 hours per week with two or more years of continuous service are eligible for the tuition reimbursement program. Employees working at least 20 hours per week also qualify for certification classes.
- Benefits/Health: Full- and part-time employees (working 20+ hrs/week) receive individual and family medical coverage, individual and family prescription drug coverage, individual and family vision and dental insurance, and individual and family long-term care insurance. Employees working at least 30 hours a week receive short- and long-term disability insurance. Health benefits for retirees pre-65 and 65+ include individual as well as spouse medical and drug coverage and dental insurance, as well as life insurance or other death benefit coverage. New hires are eligible for all of these benefits upon retirement. In addition, individual and spouse long-term care insurance is offered to retirees upon retirement. DRH's FSA plan assists employees with out-of-pocket health care costs.
Full- and part-time employees can take advantage of the following wellness programs: flu shots, health screenings, health risk appraisals, smoking cessation programs, health club discounts, physical activity/exercise programs, weight loss programs, and stress management training. - Benefits/Financial: Durham Regional Hospital offers a 403(b) retirement savings plan (with employer match) as well as a defined-benefit plan to its full- and part-time employees. Other than employer match, DRH encourages employees to participate in the 403(b) plan by offering employees the option to choose to invest in lifecycle funds, and employees 50+ can make catch-up contributions.
- Benefits/Alternative Work Arrangements: DRH offers varied alternative work arrangements to its full- and part-time employees: flextime, compressed work schedules, job sharing, telecommuting, and a formal phased retirement program. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.
- Opportunities for Retirees: DRH offers its 320 retirees temporary work assignments and consulting/contract work, as well as full- and part-time work.
- Age of Workforce: Thirty percent of DRH employees are 50+. The average tenure of employees age 50+ is 14 years.
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