SRIVEN BENIFITS

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At SRIVENTECH, employees are the source of our energy. Keeping that energy source healthy is why we continuously strive to maintain a competitive benefits package that is superior to other companies in our industry. With the belief that our employees are our most valuable assets and that a well-rounded benefits program is an extremely important part of any employment relationship, SRIVENTECH has assembled a comprehensive benefits package that allows us to recruit and retain the most highly trained and talented professionals in the industry. We know our continued success depends on the satisfaction of our employees, so our HR team works diligently to ensure we offer not only a quality benefits program but a program that works for our employees.

Medical, Dental & Vision

Sriventech’s health care plan is designed to provide flexible, affordable, and comprehensive medical, dental, and vision care as well as prescription coverage for our employees and their entire family. Unlike most employers, there is no waiting period to receive health care coverage at Sriventech. Our employees’ benefits are effective on the first day they report for work. Our medical benefits are provided via Trust Mark Health Care, in their Preferred Provider Organization (PPO) program. Our Dental coverage is provided through Dental PPO Network with Principal and Vision coverage is provided through the VSP.

Flexible Spending Account

Sriventech offers two Flexible Spending Account (FSA) plans that allow our employees to set aside tax-free dollars for reimbursement of daycare/babysitting expenses and/or health care expenses not covered by insurance. By participating in one or both of these plans, our employees may avoid paying Federal, State (applicable in most states), Social Security, and Medicare taxes on the money deposited for eligible health care and/or daycare expenses.

Basic Life and AD & D Insurance

Sriventech provides Basic Life Insurance and Accidental Death and Dismemberment insurance through Principal Life Insurance for eligible employees at no cost. Additionally, we pay the coverage premium in full to help protect your family’s finances.

Supplemental Life Insurance

All full-time eligible employees have the option to purchase additional life insurance for themselves, their spouses, and/or dependent children through payroll deductions.

Long-Term Disability Insurance

Sriventech provides long-term disability insurance to all eligible employees as income protection at no cost should you become disabled from a covered accidental bodily injury or illness.

Short-Term Disability Insurance

All eligible employees have the option to purchase short-term disability insurance paid via payroll deductions. This benefit provides financial protection, should you be unable to work for more than 7 days due to an accident or illness.

401(k) Retirement Plan – ADP Investments

All salaried employees are immediately eligible to participate in Sriventech’s 401(k) plan. The Plan has over 40 funds in which you can elect to invest.

Paid Time Off / Holidays

Sriventech respects employees’ diversified needs for time away from work. In addition to Paid Holidays, Sriventech employees are eligible for PTO (vacation & personal days) to use for the time needed away from work. The amount of vacation accrual is dependent upon an employee’s length of service with Sriventech.

Referral Program

The referral of new candidates and positions has provided Sriventech with outstanding, new talent to grow. To enhance and continue this preferred resource, Sriventech offers a referral bonus to employees who refer candidates and positions.

Education Assistance Program

Sriventech supports the professional growth of its employees and encourages them to participate in educational opportunities provided by various colleges and/or universities to buy books/software and attend seminars and training programs. This benefit also reinforces Sriventech’s belief in fostering a learning environment to help employees enhance their existing skills or acquire new expertise in a different “hot skill” area.

Relocation Assistance

Sriventech’s relocation policy is applicable to full-time, salaried employees only and is intended to provide assistance to employees when they must move from one client location to another for business reasons. Employees should contact Human Resources to get more details before incurring any expenses. All reimbursements/payments related to relocation will need prior written approval from Human Resources.

U.S. Permanent Residency Sponsorship

Sriventech will sponsor U.S. permanent residency (green card) of foreign nationals (EB2 and EB3) subject to an employee meeting the eligibility criteria as outlined by governmental regulations and company guidelines.

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