OUR PEOPLE AND WORKFORCE
Health & Wealth Benefits
At EMC, we use the power of technology to help employees manage their health and wealth. Our tools and resources enable employees and their family members to understand individual status, get targeted information, improve their health, and grow their wealth.
We offer a comprehensive benefits package for our employees around the world. In the U.S., we provide:
- Many health plan options which include PP, HMO’s, tiered HMO’s, and Health Savings Accounts (HSAs) to help meet the diverse needs of our employees and their families
- Dental, vision, and prescription insurance
- Adoption assistance
- Autism benefits
- Best Doctors
- Maternal health, smoking cessation, disease management, and life coaching programs
- Onsite biometric screenings
- Health management seminars/webinars
- Access to Group Legal, Identity Theft and Pet Insurances
- Opportunities for employees to participate in pilots and studies
- Retirement planning through a 401(k) plan
- Access to an employee stock purchase plan
EMC is committed to protecting and securing our employees’ information and to helping them protect their own personal data. Our healthcare strategy is based on the knowledge that technology can advance healthcare delivery. In 2013, EMC was the recipient of the New England Employee Benefits Council’s (NEEBC) Lifetime Achievement Award for Benefit Innovation, a Gold Quill Award from International Association of Benefits Communicators (IABC) and in early 2014 EMC was recognized as one of the Healthiest 100 Workplaces in America. To learn more about EMC’s role as an IT and security provider, visit the information security and privacy sections of Operations, Products, and Customers.
EMC employees scheduled to work at least 20 hours per week are eligible for our benefits package. More information about benefits for EMC’s U.S. employees can be found at www.peoplelinkbenefits.com. Information about benefits offered to employees in other countries where we conduct business can be found on the appropriate EMC local website.
EMC believes patients should be in control of their own health information and have access to it anytime, anywhere. Creating an all-in-one secure, meaningful, actionable, and technologically based Personal Health Record (PHR) is a safety imperative, and we have demonstrated our commitment to improving access to PHRs for more than a decade.
HealthLink, EMC’s health management portal, is powered by WebMD and secured by RSA. It enables employees and their family members to manage healthcare information 24x7 anywhere in the world. It has been accessed by 80 percent of EMC’s U.S. employees and 75 percent of spouses/domestic partners. Users enter health information into a confidential, secure portal and receive targeted communications about resources to help individual health needs. Users may also choose to share information in the PHR with healthcare providers.
The PHR helps employees and adult family members review complete clinical data with their healthcare providers, avoid duplicative tests and procedures, and manage drug interactions and side effects. This health management approach has improved outcomes and contained costs for employees and for EMC. Since implementing the wellness program in 2004, our average per capita cost increase has been two percent lower than the national average. The programs and resources available to our employees and family member saw high utilization in 2013. With employees and families being better engaged as healthcare consumers (e.g., taking better care of their health, understanding the true cost of care, etc.) EMC was able to provide a $0 increase (for those participating in Healthy Rewards – a program that rewards employees for participating in healthy activities such as getting an annual physical or quitting smoking) for 2014 healthcare coverage.
Influencing the Healthcare IT Marketplace
EMC was a leading adopter of electronic PHR for its employees with a program offered in our healthcare benefits options in 2004. Since then, we have been playing an increasingly influential role in accelerating the movement to harness the full potential of digital technology to improve health. In fact, our innovation and expertise in healthcare technology and in employee benefits are being sought out by Fortune 500 companies, business leaders, and the Commonwealth of Massachusetts.
We helped advance healthcare IT in 2013 through the introduction of our Obesity Coaching program, which offers EMC employees the ability to weigh themselves, upload their weight to HealthLink, and participate in coaching calls with WebMD Health Coaches who have access to the data. We continue to use My PowerSource, a virtual benefits platform, to offer benefit fairs, online chats, open enrollment, and other employee engagement tools.
WealthLink is EMC’s wealth accumulation and protection program. It provides employees with the opportunity to learn how to develop their own wealth management plans to meet their individual and family needs and goals, while optimizing the benefits provided by EMC. Through WealthLink, employees have access to onsite seminars, webinars, financial planning sessions, the employee stock purchase plan, 401(k) plan, and other programs.