Precise Systems, offers an environment that promotes work/life balance and strong bonds with co-workers. Our superior benefits packages and growth opportunities far exceed those of other companies. New hires are eligible for benefits the 1st day of the month following their employment start.
The CareFirst BlueCross BlueShield PPO and Opt Out Plus Plans are coupled with Health Savings Accounts (HSAs). We keep health insurance premiums low for our employees by offering high-deductible medical insurance plans. We offer an optional TRICARE Supplement through ASI Corporation. TRICARE is a health insurance program offered by the DoD for the military community. By design, the Supplement coordinates with TRICARE to virtually eliminate out-of-pocket costs to the insured for health services.
Vision Discount Plan
Our vision discount plan is provided by Davis Vision through CareFirst BlueCross BlueShield. Professional vision services include routine eye examinations, eyeglasses and contact lenses.
Dental Benefits
Dental insurance coverage is provided by CareFirst BlueCross BlueShield. This plan is a traditional plan that allows you to see any dentist you wish. There are no pre-existing condition clauses and no waiting period for dental care.
Personal Leave
Precise Systems employees’ personal time and vacation leave are combined into personal leave accounts. All full time employees accrue personal leave at the following rate:
- 0-3 years of uninterrupted service – 15 days per year
- 4-5 years of uninterrupted service – 20 days per year
- Over 5 years of uninterrupted service – 25 days per year
Flexible Spending Accounts
Flexible Spending Accounts (FSAs) offer the ability to pay for certain qualified benefits on a pre-tax basis. Paying for those benefits with pre-tax dollars reduces the amount paid in taxes and increases take home pay. FSAs are available for:
- Dependent Care ($5000 maximum)
- Limited Healthcare ($2000 maximum) This FSA may not be used in conjunction with an HSA.
- Adoption
- Individual Insurance Premium Reimbursement
- Transportation Reimbursement
Education Assistance
Employees are encouraged to continue their education through our educational assistance plan. Full-time employees who continue their job-related education are advanced the cost of textbooks and tuition up to a maximum of $5000 per calendar year.
Professional Associations
We feel that it is important for our employees to stay networked within their professional fields. With prior supervisor approval, we will pay for the full cost of one professional association per year.
Retirement Planning
There are many great benefits to being part of the Precise Systems 401(k) Plan. Our workplace savings plan makes it easy, convenient, and affordable to accumulate the money you’ll need for retirement. Our comprehensive retirement package is offered through Fidelity Investments. Employees are eligible for participation in our 401(k) plan the first month after 90 days of service. A wide variety of investment options (37 funds) are available. Precise Systems, will match your investment dollar -for-dollar up to 4% of your annual salary.
Precise offers several company paid benefits to protect your income and assist with balancing work and life. These include:
- Short-Term Disability
- Long-Term Disability
- Group Term Life Insurance
- Voluntary Life Insurance
- Employee Assistance Program (EAP)
- Travel Assistance Benefits
- Corporate Gym Membership Discount/Reimbursement
The Employee Stock Ownership Plan (ESOP) allows the employees of Precise Systems to share in the growth of the company and provides them with an opportunity to accumulate benefits to assist during retirement. Through this plan, employees are able to earn a stock ownership interest in the Precise Systems ESOP. Vesting, or ownership, of the employee’s account is based on a 6-year schedule, with a 20% interest granted after 2 years of employment and 20% thereafter up to 6 years, at which point 100% vesting is achieved. All employee owners must meet minimum requirements to participation in the plan. Precise recognizes that the most important and valuable asset to the financial success of the company is the employee, and the most appropriate way to reward our employees is through providing for their financial security.
The Precise Systems Employee Communication Committee is composed of seven elected volunteer employee representatives from each of our locations. The committee considers employee input and makes recommendations to management as to how to appropriately respond to these opportunities.
Vested Interest
As an employee owner, Precise Systems employees share a vested interest with their coworkers in:
- Making sure clients receive the highest value for their investment in our services.
- Seeing your company earn a profit and building its financial strength.
- Earning a sound return on your personal investment of time, energy, and capital in your company.