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Employee Benefits
Health & Dental/Vision Insurance • R&D pays 90% of the cost of medical insurance for you and your family. is met. Savings due to favorable claims experience are passed along to employees. • R&D pays 100% of the cost of dental/vision and basic life insurance for you and your family. Life and Disability Income Insurance • R&D pays 100% of the cost for $50,000 of Life & Accidental Death coverage for all employees. You have the option of purchasing supplemental life insurance for yourself and/or for your spouse/children. • Both short-term and long-term disability plans are offered and paid for by R&D. Paid Time Off (PTO) • Vacation, employee or child/spouse illnesses, emergency--you decide how to use PTO. • Generous PTO allowances--120 hours in the first year. • Employees may carry over un-used PTO or accumulate it in a bank for extended illnesses.
Summer Schedule/Flexible Work Hours • You may elect to work a summer schedule between May and September that gives you Friday afternoons off! • Flexible work schedules are also available. 401(K)/Profit Sharing • Generous Profit Sharing Plan, paying twice the current industry standard. • R&D matches employee contributions ($0.25/$1.00 up to 6%) and utilizes this plan for profit sharing. Flexible Spending Accounts • Health Care and Dependent Care accounts are available to maximize pre-tax benefits. • Employee contributions to health insurance premiums are made with pre-tax dollars. • Health Care Reimbursement account. Professional Development Allowance/Tuition Reimbursement
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