BID Needham offers competitive and comprehensive benefits to eligible employees — those who work in a permanent position with a regular schedule of 20 hours or more per week.

Benefits Summary for Eligible Employees

This summary provides potential employees with an overview of the benefits provided by the hospital. More information about benefits, eligibility, rates and terms will be provided upon an offer of employment.

Health and Welfare Benefits

During your first month of employment, you may elect comprehensive individual, dual or family coverage in one of several health insurance options. All benefit elections are effective on your date of hire.

The amount you contribute will be paid with pretax dollars (before federal, state, and social security taxes are withheld). These benefits include:

  • Harvard Pilgrim health insurance (3 options available);
  • Wellness incentives to reward you for healthy lifestyle choices;
  • Dental insurance (2 options available);
  • Vision care insurance (2 options available);
  • Disability insurance, short term and/or long-term;
  • Hospital-paid life insurance Life insurance, dependent life insurance;
  • Health and dependent care reimbursement accounts;
  • Commuter/transit reimbursement accounts;
  • Pre-paid legal insurance.
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403(b) Program

You may participate in our voluntary retirement savings program that offers you the advantage of saving money while deferring taxes. These contributions are invested in a Fidelity Investments fund of your choice. Upon completion of one year of eligible service, the hospital also provides for an employer match on eligible employee pre-tax contributions at a varying percentage based on years of service.

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Basic Pension Plan

Upon completion of a year of eligible service, the hospital will contribute two percent of your base pay to your Fidelity account.

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Direct Deposit

You may sign up immediately for direct deposit and have your net pay electronically transmitted from our payroll department to the bank account(s) of your choice.

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Credit Union

There are two credit unions available to employees. Services offered include checking and savings accounts, vacation and holiday clubs, and loans and mortgages.

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Paid Time Off

The paid time off program consists of two components: Earned Time and Extended Illness Bank.

Earned Time (ET) is used for absences for personal illness, vacation and holidays. This provides you with maximum flexibility in determining the use of your paid time-off benefit. ET hours are accrued weekly based upon scheduled hours and length of employment. The accrual rate for full time increases at three years, five years, seven years, nine years 12 years and 15 years.

The accrual is pro-rated for eligible part-time employees. ET is owned by the employee after six months of eligible employment and is paid out at termination after completion of six months.

Extended Illness Bank (EIB) hours are accrued separately to be used in the event of an illness over 3 days in duration.

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Employee Assistance Program (EAP)

You may take advantage of the hospital's Employee Assistance Program. Highly-trained professional counselors provide confidential assistance to employees and their family members living in the same household.

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Free Parking

Safe and convenient parking lots are located on-site or within minutes from the workplace.

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For More Information

This summary is intended to be a general outline of benefits available to employees of Beth Israel Deaconess Hospital Needham. Although every effort has been made to see that it is accurate, the hospital reserves the right to change, amend and/or discontinue benefits or policies at any time. If you have any questions or would like further information, please contact the Human Resources department at 781-453-4502 or by email. In the event of inconsistencies, the plan documents will govern.