Benefits

We pride ourselves on providing our employees with competitive salaries and outstanding benefits. Benefits may vary by business area. When you join Schafer ask your Business Division Leader or General Manager to identify which of the benefits listed below pertain to you.

Business Travel — Schafer reimburses employee business travel in accordance with the Federal Government Joint Travel Regulations.

Cafeteria Plan — Employees may set aside up to $5,000 annually of pre—tax income to pay for eligible dependent care expenses and up to $6,000 for unreimbursed health care costs. Employees may also participate in Schafer's parking and transit plans.

Dental — Employees who select Schafer's dental plan get reimbursed for 100% of preventive costs, 80% of basic costs, and 50% of major and orthodontic costs, up to a lifetime maximum of $1,500 per person for orthodontic care and an annual maximum of $2,000 per person for all other care.

Disability Insurance — Schafer pays disability benefits of two-thirds of the employee's annual base salary, up to $2,500 per week for short-term disability and up to $13,000 per month beginning on the first day of disability.

Educational Assistance — Schafer pays for tuition and books for approved courses, up to $5,250 per year.

Health Insurance — Schafer provides employees with comprehensive health insurance plans.

Leave — Full-time employees receive comprehensive leave benefits.

Life Insurance— Schafer provides life insurance coverage of 1x the employee's annual base salary and an equal amount of Accidental Death and Dismemberment (AD&D) insurance. New employees may also purchase optional employee life, optional employee AD&D, optional spousal life, and optional dependent child life insurance coverage.

Prescriptions — Employees who select Schafer's health plan, receive prescription cards for themselves and their covered dependents.

Retirement Plans — Schafer's defined-contribution retirement plan includes a 401(k) deferral option and the opportunity for employees who are at least 50 years old to make catch-up contributions. Employees control their own account investments.

Schafer's Retirement Plan Contribution — Schafer has made annual contributions since 1973. Our contributions may vary from one business area to another.