Benefits
- Individual Benefit Account (IBA)
- 25% contribution to the cafeteria plan to provide the employee flexibility in how they use their benefits.
- 401k
- Retirement account with 25% employer contribution.
- Health Insurance
- Carefirst health plans which are partially subsidized.
- Employee Stock Option Plan
- All employees have a chance to own stock and only employees are allowed to own stock. There is one class of shares so all employees have the same voting and ownership rights including founders and management. Every year 10% of the stock is diluted in the form of new stock options awarded to employees based on technical and business contributions.
- Employee Participation
- Annual employee benefits committee to evaluate health plans and potential new benefits.
- Bonus Plan
- Annual performance bonus provides incentive rewards to the employee that exceed expectations for technical and business contributions.