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Benefits
Tecolote realizes that our employees are key to our success. With this understanding, Tecolote's benefit program has been designed to provide a range of benefits that enables our employees to enjoy the present and secure their future. As stated in the Corporate Overview section, our President is committed to maintaining our rich program of comprehensive benefits. We are proud that Tecolote pays 100% of the costs for the major benefits provided to our employees and their dependents (with many coverages beginning the first day of employment). Tecolote's benefit program provides a total compensation package that enables us to attract and retain the best staff in our field. In the event there is a conflict between this Benefit Plan Summary and the Plan Document, Insurance Contract or Tecolote Policy, the Plan Document, Insurance Contract or Tecolote Policy will control.
| Our retirement plans provide a solid foundation upon which our employees can plan their future. |
- Company contribution of 15% of employee's eligible compensation. One-year entry waiting period and 5-year vesting. Core Funds available and a self-directed brokerage account option.
- Discretionary Company contribution up to 10% of employee's eligible compensation. 100% vested after one-year entry waiting period.
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| All work and no play makes Jack and Jill … |
- 20 days of annual leave accrued yearly starting on hire date. Annual leave is accrued monthly and maintained as a cash value.
- 9 days.
- 5 days sick leave accrued yearly starting on hire date. Sick leave is accrued monthly and maintained as a cash value.
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| Our comprehensive 100% employer-paid health care and life insurance benefits help ensure that the needs of our employees and their families are met.* |
- 90% of expenses are covered (after deductible) for PPO in-network services. Non-PPO services are covered at 75% (after deductible is met). Adult and child preventive care included.
- Pays 100% for preventive care, no deductible. Pays 80% for basic services and 50% for major services after the annual dental deductible is met.
- Employee coverage for exams, lenses & frames. Dependent vision coverage is optional and paid for by employees through payroll deduction.
- 3 times annual salary, subject to a maximum benefit of $250,000.
- 3 times annual salary, subject to a maximum benefit of $250,000.
- $100,000 coverage provided for business travel.
- Pays up to 60% of monthly salary up to a maximum benefit of $5,000 per month.
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| Our optional benefits allow employees to take advantage of group-rate premiums for supplemental coverage and set aside pre-tax dollars for additional medical and dependent care savings.* |
- Pays up to 60% of weekly salary up to a weekly maximum of $1,150 for up to 13 weeks. Voluntary plan paid for by employees through payroll deduction.
- Voluntary plan provides additional employee and dependent life insurance. Premiums are paid by employees through payroll deduction.
- Voluntary plan allows use of pre-tax dollars for reimbursement of qualifying dependent care and non-reimbursed medical expenses.
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| We believe that professional development is an integral part of any career, and our educational assistance program makes continued learning possible. |
- Up to $4,000 annual tuition assistance available for full-time employees enrolled in job related courses or graduate degrees from accredited institutions.
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* Benefits available for regular employees working 25 or more hours per week.
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