Transcend offers employees a top-notch benefits package.
Healthcare
CareFirst Administrators BCBS PPO / Selman Tricare Supplemental / GeoBlue International for expats
Dental and Vision
Guardian – DentalGuard Preferred / VSP Vision Choice Network
Short Term and Long Term Disabilities (100% paid by Integral)
Mutual of Omaha
Short Term – 60% of your weekly earnings, not to exceed $750 a week
Long Term – 60% of your monthly earnings, not to exceed $6,000 a month
Basic Life and AD&D
Transcend provides 1 x annual salary up to $125,000
Voluntary Life and AD&D
Eligible employees may purchase additional life insurance for themselves, their spouse and children.
401(k) Retirement Savings Plan
Transcend offers a 401(k) Plan to all eligible employees to contribute tax- deferred income toward their retirement. Employees are eligible to participate on the 1st of the month following 3 months of service.
- Transcend’s 401 (k) Plan is managed by PNC and offers a diverse range of investment choices
- Transcend matches 100% on the first 3.0% of participant’s compensation and an additional 50% on the next 2.0% of participant’s base compensation.
- There is a Graded Vesting Schedule for the matching contribution.
- 0-1 year = 33% vested
- 1-2 years = 66% vested
- 3+ years = 100% vested
Holidays
Transcend offers a total of 10 holidays per year. Employees working at a client site should observe client’s holidays unless an alternate arrangement can be made. If a client has less than 10 fixed holidays, then the employees can take floating additional days to make a total of 10 holidays.
| Date | Holiday |
|---|---|
| Tuesday, January 1 | New Year’s Day |
| Monday, January 21 | Birthday of Martin Luther King, Jr. |
| Monday, February 18 | President’s Day |
| Monday, May 27 | Memorial Day |
| Thursday, July 4 | Independence Day |
| Monday, September 2 | Labor Day |
| Monday, November 11 | Veterans Day |
| Thursday, November 28 | Thanksgiving Day |
| Friday, November 29 | Day after Thanksgiving Day |
| Wednesday, December 25 | Christmas Day |
Vacation and Sick Days
Transcend provides regular full-time employees paid time-off (PTO) for combined annual vacation and sick leave based on length of employment. PTO is accrued in accordance with the following schedule::
| Years of Employment | Annual Leave | Accrual Per Pay Period |
|---|---|---|
| 0 to 5 | 15 days / 120 hours | 5.00 hours |
| 5 to 10 | 20 Days / 160 hours | 6.66 hours |
| 10 + | 25 Days / 200 hours | 8.33 hours |
Bereavement
Employees are eligible for up to 3 days of paid leave in the event there is a death in the immediate family.
Jury Duty
All employees will be allowed time off to perform such civic service as required by law. Employees on jury duty leave will be paid for their jury duty service.
Employee Referral Bonus
A referral bonus of $300 is paid to eligible employees for each referred candidate, who joins and stays with the Company for at least three (3) consecutive months. Employees in HR and Direct Recruitment are not eligible for these benefits.
Employee Bonus and Awards
Transcend gives various merit awards and bonuses to employees for their exceptional performance, project success, and company’s overall performance.
Training
Eligible employees will be reimbursed for up to 70% of expenses toward their professional certification training related to their job and professional growth subject to an annual limit of $1,500. Certification tests are paid at 100% subject to management approval and passing of the test. This benefit cannot be used for courses toward an undergraduate or graduate degree program.
Parking
Transcend pays for parking fee at the employee work place.