Benefits/Financial: Full- and part-time employees are offered a 401(k) plan with employer match. All new hires are automatically enrolled in the 401(k) plan, employees age 50 and above can make catch-up contributions to their plan and may invest in lifecycle funds that automatically re-allocate assets based on age or proximity to retirement.
Employees receive financial planning information from the staff of the financial services firm that administers their 401(k), and from external financial planning experts.
Employees are offered paid time off for caregiving, and short-term and long-term leaves of absence without pay.
Full- and part-time employees are offered flu shots, health screenings, health risk appraisals, smoking cessation programs, health club discounts, physical activity and weight loss programs, and stress management training.
Central Florida offers on-site child care for children and grandchildren of employees, referral services to assist with child care, care for grandchildren and eldercare, as well as back-up care for child care and grandchild care to its full- and part-time employees.
Benefits/Alternative Work Arrangements: Full- and part-time employees can participate in alternative work arrangements such as flextime and a formal phased retirement program. Compressed work schedules are offered to employees working 24 or more hours per week, while job sharing and telecommuting are offered to employees working 20 or more hours per week. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.
Opportunities for Retirees: Central Florida has 515 retirees and there is an individual directly responsible for retiree relations. The hospital stays connected with its retirees by inviting retirees to organization events, providing ongoing access to retirement planning workshops and information, and by formally acknowledging retirees upon retirement. Retirees are offered the following work opportunities: temporary work assignments, consulting and contract work, telecommuting, PRN and pool status work, part-time work and full-time work.
Age of Workforce: Forty-four percent of Central Florida's employees are age 50 and above. The average tenure of such employees is 10 years.
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