While there are slight variations in benefit programs across locations, benefits for our U.S. employees generally include the following:
Health: Medical, Dental, Vision, Flexible Spending Accounts, Health Savings Accounts, CIGNA employee assistance program, Paid Sick Days.
Financial Wellness: Retirement savings plan (401(k)), Retirement contribution, Discounted Employee Stock Purchase Plan.
Insurance: Company-Paid Basic Life » voluntary Life, Dependent Life, Critical Accident, Critical Illness, Short-Term Disability, Long-Term Disability, Group Accident & Disability, Business Travel Accident.
Miscellaneous: Educational Assistance, Vacation and Holidays, Matching Gift Program, Bereavement Leave
In 2021, we did not increase employee medical premiums and Standex paid $570,000 toward employee health savings accounts. We implemented additional benefit options for employees to purchase critical illness and critical accident insurance. The CIGNA employee assistance program connects employees to assistance for a range of life issues from behavioral health to chronic disease management, to planning for retirement or managing career changes. The service is free and confidential, giving employees a safe place to ask difficult questions.
