Benefits

Skylla Engineering, LTD’s compensation program objectives are intended to attract and retain highly qualified employees in support of the company’s mission, vision and values. Applicable labor market data is reviewed on an annual basis to assess market competitiveness. Compensation includes both the salary paid for a given position and the fringe benefits that are associated with the position. Fringe benefits include the following:

 

Benefit Type Details
HEALTH COVERAGE

Skylla offers multiple health benefit options.
Plan options are available by geographical regions.
PRESCRIPTION DRUGS Prescription Drug program 10/35/60 under elected Health Plan.
DENTAL COVERAGE Skylla offers multiple options for dental plan coverage. Deductibles, copays and premiums vary by provider.
VISION

Aetna / VSP
Exam & prescriptions covered every 12 months (frames every 24 months)

Aetna Plus / VSP Plus
Exam & prescriptions covered every 12 months (frames every 12 months)
GROUP BASIC LIFE 1X annual salary up to $1,000,000 for full-time employees.  Provided at no cost to the employee.  (MetLife)
BASIC AD & D

Included in Group Basic Life.  Provided at no cost to the employee. (Metlife)
SHORT- TERM DISABILITY PLAN

All active, full-time employees obtain 60% of their basic weekly earnings, maximum $2,308 weekly.
Provided at no cost to the employee.  (Aetna)
LONG -TERM DISABILITY

All active, full-time employees obtain 60% of their base monthly earnings, not exceeding $10,000 per month.
Provided at no cost to the employee. (Aetna)
SUPPLEMENTAL LIFE

This plan offers insurance on an employee payroll deduction basis.  Guarantee issue amount of 1X – 6X annual salary up to $2 million for full-time employees, $150,000 for spouse and child coverage up to $10,000.  100% employee paid. (Metlife)
PAID TIME OFF (PTO) Years of Service                    Amount Accrued
       0 – 5                                            15 days
       6 –15                                           20 days
       16 + years                                   25 days
HOLIDAYS Full -time employees receive 10 paid holidays
BEREAVEMENT LEAVE Up to 3 days with pay for death of immediate family; and 5 days for out
of state travel.
401k - SAFE HARBOR PLAN

Full-time and Part-time employees are eligible to participate and are vested the first day of the first full month.   Employer matches up to 4% of the employee’s contribution.
ADDITIONAL BENEFITS

Flex Spending Account
Aflac
Employee Assistance Program
Critical Illness
Home & Auto insurance
JURY DUTY/WITNESS LEAVE Paid Jury Duty
TUITION ASSISTANCE PROGRAM Up to the IRS maximum per calendar year