Benefits - Don’t Just Envision the Future, Become It
Spectrum employees have the opportunity to enjoy not only traditional benefits, but also the unique selection of choices that Spectrum has to offer. From a newly formed Employee Stock Ownership Plan to extraordinary Paid Time Off opportunities, Spectrum presents one-of-a-kind benefits to its employees. Along with benefits, employees have the privilege of working with a diverse group of people devoted to culture and ethics. Grounded on the principles of integrity, teamwork, respect and professionalism Spectrum is a great place to work, not only for its benefits but also for its people.
- Medical and Dental Coverage - With two options to choose from for both medical and dental coverage, employees have the opportunity to select the coverage that is right for them and their family.
- Vision Coverage - A vision plan is offered separate from the two medical plans and covers contacts, glasses, frames, and gives a discount for laser vision correction.
- Retirement (401k) - Spectrum offers a variety of investment opportunities for employees to choose from.
- Employee Stock Ownership Plan- Each year, additional stock is distributed to all employees having over one year of service.
- Deferred Stock Option Plan - As employees participate in business development and help with the growth of the company, Deferred Stocks are offered as incentives.
- Life Insurance - Each employee is eligible for term coverage, in which Spectrum pays 100% of the cost.
- Short and Long-Term Disability - Each employee has Short and Long-Term Disability insurance, in which Spectrum pays 100% of the cost.
- Voluntary Life Insurance - Eligible employees may enroll in voluntary supplemental life insurance for themselves, their spouse and dependent children.
- Holidays - Spectrum observes eight federal government-observed holidays and two floating holidays.
- Education Assistance - Employees are eligible for tuition assistance annually for job-related education.
- Paid Time Off (PTO) - PTO is accrued by employees each pay period and is defined as paid time away from work for vacation, illness, and outside activities or personal business.
- Other Benefits Include:
- 529 College Savings Plan
- Flex Spending Account
- Discounted Long-Term Care
- Supplement Insurance