Below is an overview of some of the benefits provided to PRI employees.
PRI offers an Open Access Plan, through Cigna covering a majority of the monthly premium. The medical benefits are supplemented with a HRA (Health Reimbursement Account), significantly funded by PRI. Eligible employees also have the option of participating in a Flexible Spending Account.
Dental coverage is a voluntary benefit available to eligible employees at their cost.
Vision coverage is a voluntary benefit available to eligible employees at their cost. The plan includes coverage for an exam and vision hardware, either eyeglasses or contact lenses.
Life insurance pays your beneficiary a benefit in the event of your death and AD&D insurance pays a benefit should your death result from an accident OR if you are severely injured in an accident. This benefit is provided by PRI at no cost to all eligible employees. Supplemental voluntary life insurance is available to eligible employees and their families at an additional cost to the employee.
Short-Term and Long-Term insurance are offered to eligible employees. The plans pay you a portion of your salary for each month you are unable to work due to a medical reason or a disabling condition. Coverage is voluntary and available at an additional cost to the employee.
Healthcare FSA – an account that allows you to set aside money, up to $2650 annually to use on eligible health care expenses.
Dependent Care FSA – an account that allows you to set aside up to $5000 annually to use on eligible dependent care expenses.
The Employee Stock Ownership Plan (ESOP) is a retirement plan in which the company contributes its stock (or money to buy its stock) to the plan for the benefit of the company’s employees. The plan maintains an account for each employee eligible to participate in the plan. Shares of stock vest over time and are designed to provide a financial benefit upon retirement.
The 401(k) is a retirement plan that allows employees to save and invest a percentage of each paycheck before taxes are taken out and allocate it to a specific investment fund. Taxes aren’t paid until the money is withdrawn from the account, typically at retirement age.
Vacation time-off benefits are provide to promote a healthy work-life balance. Vacation accrues at Ten (10), Fifteen (15) or Twenty (20) days per year – depending on length of service.
Personal days are provided at an accrual rate of two (2) days per year, beginning January 1 of the second full calendar year, to accommodate non-vacation events such as illness, bereavement, or other special needs.
We believe in growth and continued learning – that’s why we’ve created PRI University. We offer in-house training and classroom lessons and other methods of learning. PRI University is under continuous active improvement, and more details will be added as available.