Summary of Employee Benefits 2024
Weeghman and Briggs (W&B) offers a comprehensive range of employee benefits available for 2024, including health plans, retirement savings, paid time off, and more. Explore the perks designed to support your well-being and help you achieve a balanced work-life experience.
Pay Rate
At Weeghman and Briggs, salaries are structured based on specific job classifications and years of experience, ensuring fair and consistent compensation across roles.
Paid Time-Off
All full-time employees at Weeghman and Briggs benefit from a comprehensive Paid Time Off (PTO) policy, which includes a generous annual PTO allowance accrued on a bi-weekly basis, allowing for consistent time off accumulation throughout the year. This time can be used for personal, family, or health-related needs, supporting a healthy work-life balance.
Additionally, Weeghman and Briggs provides 12 floating holidays annually. These floating holidays allow employees the flexibility to observe personal, cultural, or religious events that matter to them. The combination of accrued PTO and flexible holidays highlights W&B’s commitment to employee well-being and work-life balance.
Medical/Health Savings Account
Weeghman and Briggs (W&B) provides comprehensive health insurance benefits to its full-time employees and their dependents through CareFirst Blue Choice. The company covers 100% of monthly premium costs for employees, while dependents are covered at 50% of the monthly premium, ensuring accessible healthcare options for families.
The annual deductible for the health plan is set at $1,800 for individuals and $3,600 for families, with employees responsible for meeting deductible and copay requirements. To support those enrolled in the High Deductible Health Plan (HDHP), W&B offers a Health Savings Account (HSA) option. For employees who establish an HSA, W&B contributes up to 50% of the annual deductible amount, distributed over the year, to help offset healthcare expenses. This benefit aims to provide financial support and flexibility for employees managing healthcare costs.
Dental and Vision
Weeghman and Briggs (W&B) covers 100% of the monthly premium costs for both dental and vision insurance for employees and their dependents, providing a fully-funded option to support comprehensive health care needs. Both dental and vision coverage are provided through CareFirst Blue Choice, ensuring access to high-quality care and services.
401k Retirement Plan
Weeghman and Briggs (W&B) offers a robust retirement benefit by doubling employee contributions, with a maximum company match of up to 10% of the employee’s contributions. Employees are eligible to start contributing to the retirement plan after just 30 days of employment. Furthermore, W&B provides immediate full vesting for both employee contributions and company-matched funds from day one, ensuring employees have full ownership of their retirement savings from the start.
Referral Bonuses
Weeghman and Briggs (W&B) rewards employees with a referral bonus ranging from $2,500 to $12,500 for each successful hire they refer. This program incentivizes employees to connect W&B with top talent, contributing to the growth and success of the company while providing financial rewards for referrals that result in a hire.
Training and Education Reimbursement
Weeghman and Briggs (W&B) supports the professional growth of its employees by offering financial assistance of up to $5,000 per year for eligible expenses related to education, training, certifications, and professional memberships. This benefit is designed to encourage continuous learning and career development, allowing employees to enhance their skills and stay current in their fields while easing the financial burden of professional advancement.
Basic Life and AD&D, Short-term, and Long-term Disability
Weeghman and Briggs (W&B) provides full-time employees with complimentary coverage for essential insurance needs, including Basic Life Insurance (up to $50,000), Accidental Death and Dismemberment (AD&D), Short-Term Disability, and Long-Term Disability. These benefits are fully funded by W&B, offering valuable financial protection and peace of mind to employees without any additional cost.