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Best Employers Program Honorees

Intuitive Research and Technology Corporation

Winning year: 2007
Industry: Engineering/Research
Location: Huntsville, AL
URL: www.irtc-hq.com

Highlights of 2007 Winning Strategies

Intuitive Research and Technology Corporation (INTUITIVE) offers extensive employee benefits including flex work scheduling as well as numerous wellness benefits. The company can accommodate employees interested in phasing into retirement because it has many government contracts that allow part-time hours.

Additional Policies and Practices

  • Workplace Culture/Continued Opportunities: Intuitive Research and Technology Corporation offers in-house classroom training and on-line training to its full- and part-time employees. Employees working at least 40 hours a week are eligible for tuition reimbursement and certification classes. In the past 12 months, 100 percent of INTUITIVE employees participated in at least one of the training opportunities with an average of two hours spent in training. Employees can also gain new experiences by working on temporary assignments in other departments and on team projects.
  • Benefits/Health: Full- and part-time employees receive individual and family medical coverage, individual and family prescription drug coverage, and individual and family vision and dental insurance as well as short- and long-term disability. The company offers employees an FSA plan to assist with out-of-pocket health care costs.
  • Benefits/Financial: INTUITIVE offers a 401(k) retirement savings plan (with company match) to its full- and part-time employees. INTUITIVE encourages employees to participate in the 401(k) plan by automatically enrolling new hires in the plan; employees may also choose to invest in lifecycle funds, and employees 50+ can make catch-up contributions. Employees receive financial planning information the financial services firm that administers their 401(k) and through the company portal page. INTUITIVE offers short-term time off without pay as well as long-term leaves of absence without pay to allow for caregiving. The company also offers compressed work schedules, which give full-time employees the opportunity to take time off for caregiving without having to use PTO. The following wellness programs are offered to full- and part-time employees: flu shots, smoking cessation programs, health club discounts, weight loss programs, and stress management training. The company also sponsors the March of Dimes. INTUITIVE extends referral services to assist with childcare and eldercare to its full- and part-time employees.
  • Benefits/Alternative Work Arrangements: INTUITIVE offers alternative work arrangements to its full- and part-time employees: flextime, compressed work schedules, and a formal phased retirement program. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.
  • Opportunities for Retirees: INTUITIVE currently has four retirees. There is an individual with direct responsibility for retiree relations. The company stays connected with its retirees by providing them with ongoing access to retirement planning information, and formally acknowledging them when they retire. It offers INTUITIVE retirees the following work arrangements: temporary work assignments, consulting/contract work, and full- and part-time work.
  • Age of Workforce: Thirty percent of INTUITIVE employees are 50+. The average tenure of employees age 50+ is 2.5 years.

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