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    Benefits

    Company-Paid     |    Voluntary    |    Quality of Life   

    At TESSCO we provide a competitive benefits package that offers you a variety of choices so you can tailor your benefits to meet your needs.

    In order to be eligible to be a part of our benefits program, you must work a minimum of 30 hours per week.

    Company-Paid Benefits 


    Heallth & Wellness

    Our health and wellness benefits include: medical, prescription, and dental benefits to all full-time team members. Covered medical services include: hospital room and board; outpatient services; preventative services; and prescription drug discounts. Covered dental services include routine exams, dental x-rays, and oral surgery. 

    TESSCO also offers:

    • Life Insurance
    • Accidental Death & Dismemberment       
    • Long Term Disability 


    Paid Time Off

    TESSCO believes it is important to balance your efforts on the job with some time away from work for rest, relaxation and recreation. We also recognize that team members need to be away from work due to illness, to take care of pressing personal or family problems or to meet certain family and/or community obligations. TESSCO's leave bank was designed to help meet these needs. Team members accrue time on a monthly basis according to tenure. During your first year, you will accrue approximately 2 1/2 weeks of leave time.

     

    Profit Sharing

    TESSCO shares its success with team members through three corporate-wide policies, Reward for Results, Value Share and World Class Performance Reward. These opportunities are available to team members based on meeting or exceeding their individual expectations and TESSCO meeting its Earnings Per Share goal. 

     

    Voluntary Benefits


    Retirement Savings Plans

    TESSCO's (401K) Retirement Savings Plan is a great way to save money for your future. The plan takes advantage of pre-tax contributions to allow you to save for your retirement and save on your taxes today. In addition to your contributions, TESSCO may also make a quarterly contribution and discretionary contributions during the year. 


    Stock Purchase Plan

    TESSCO's Stock Purchase Plan allows team members to become TESSCO shareowners at a discount by investing through bi-weekly payroll deductions.  Offering periods are every six months with enrollments during February and August. 


    Direct Deposit, Group Banking & Credit Union

    TESSCO offers team members the advantage of direct deposit.  Your paycheck will be deposited into your checking and or savings account on payday.  You can divide your check into three different accounts and/or deposit it into three different banks.  Group banking is available through NationsBank.  TESSCO is a member of Point Breeze and Great Basin Credit Unions.  All team members are eligible for credit union checking and savings accounts as well as lower interest loans. 


    Other Voluntary Benefits

    • Flexible Spending and Dependent Care Accounts allow you to use pre-tax dollars to pay for medical and day care expenses.       
    • Supplemental Life Insurance is available for you, your spouse, and dependents.       
    • Short-term Disability Insurance.       
    • Vision plan is available to you and your family

     

    Quality of Life Benefits


    Tuition Subsidy

    TESSCO provides tuition reimbursement to assist team members who wish to continue their education and/or obtain skills in areas that are beneficial to their career development and the overall success of TESSCO. Team members have the option of being reimbursed before the start of the course or after grade submission. 


    Flexible Schedule

    At TESSCO, we believe it is important to balance efforts between your professional and personal life. We promote this balance through a wide array of special programs for tenured team members with proven track records of success:

    • Reduced Hour Opportunities  
    • Telecommuting  
    • Job Sharing  
    • Compressed Work schedule (Four 10 hour days or Three 12 hour days) 

    Adoption Benefit Program

    TESSCO provides all eligible team members an adoption benefits program.  This program will reimburse team members for covered adoption expenses (legal, court, and agency/agent fees) up to a maximum of $2,500 per child.


    Sponsorship Program

    TESSCO offers its team members monetary incentives for referring qualified individuals who join the team of teams.


    Other Incentives

    • Free parking
    • On-Site Cafe
    • On-Site Wellness Days
    • Direct Deposit
    • Outdoor  Picnic Area
    • Fully Equipped Kitchen
    • New Baby Gift Program
    • Wedding Gift Program

     

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