Benefits/Financial: Full- and part-time employees are offered a 401(k) plan and a money-purchase defined contribution plan. In addition, employees working 20 or more hours per week are eligible for stock options, profit sharing or a similar plan. All new hires and all employees are automatically enrolled in the 401(k) plan; employees age 50 and over can make catch-up contributions to their plan and may choose to invest in lifecycle funds that automatically re-allocate assets based on age or proximity to retirement.
Employees are offered financial education from the staff of the financial services firm that administers their savings plan.
Short- and long-term leaves of absence without pay are offered to allow for caregiving.
Full- and part-time employees are offered flu shots, health screenings, health risk appraisals, smoking cessation programs, physical activity and weight loss programs, and stress management training.
Cianbro offers referral services to assist with child care and eldercare to employees working 20 or more hours per week.
Benefits/Alternative Work Arrangements: The following alternative work arrangements are offered to employees working 20 or more hours per week: flextime, compressed work schedules, telecommuting and a formal phased retirement program. Employees interested in phasing into retirement are provided reduced work schedules, flextime and telecommuting. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.
Opportunities for Retirees: Cianbro stays connected to its retirees by communicating with them on a regular basis, by inviting retirees to organization events, and by providing ongoing access to retirement planning workshops and information.
Age of Workforce: Thirty-four percent of Cianbro employees are age 50 and over. The average tenure of those employees is 17 years.
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