QAT EMPLOYEE AND CONSULTANT BENEFITS

Vacation

Salaried QAT employees begin accruing vacation at an equivalent of two weeks in the first year. After three years of service your accrual is fifteen days. Upon completion of seven years of service you accrue twenty days per year.

Holidays

Salaried employees are compensated for ten holidays per year. QAT recognizes six standard holidays and four floating holidays.

Sick Time

Salaried employees are compensated for five sick days per calendar year and sick days are awarded upon the start of a new calendar year. Employees starting during the course of the calendar year will be allocated sick days on a prorated basis.

Paid Time Off for Hourly Employees

Hourly employees are allowed to bank any overtime hours earned in the bi-monthly pay periods. Hourly staff are allowed to bank up to 160 hours of overtime for future use.

401(k) Plan

QAT currently matches twenty cents on every dollar that you contribute to the plan up to the first six percent of your gross salary. Our plan is administered via John Hancock Investments with over 60 investment plans in which to diversify your account. John Hancock features online access to check on your account and make investment changes. Your contributions are vested immediately and any QAT contributions are completely vested after only three years of service. Eligible to enroll in the plan is the first of the month following your hire date.

Healthcare

QAT offers a consumer driven health plan or Health Savings Account (HSA). A Medical Savings Account (HSA) is a tax-favored savings account used to pay eligible medical expenses. QAT contributes money to the account, which accumulates interest, for future use to pay for medical expenses. The HSA belongs to the individual employee and is portable. HSA funds used to pay for eligible medical expenses are not taxed! In order to establish an HSA an employer must have a high deductible health plan. Due to the higher deductible, premiums are significantly reduced compared to traditional health plans. The high deductible health plan acts as a safety net and covers eligible expenses after the deductible is met.

HSA Account

Each month QAT will deposit $140.00 or $170, depending on the healthcare option selected, into the employees HSA account. Again this balance is yours and the balance earns interest and can be rolled over each year. You too can contribute via pre tax to the HSA account which can lessen your tax exposure.

High Deductible Medical Plan

The medical plan is offered through BCBS and there are approved networks of doctors to access any discounts offered. We offer a high deductible or low deductibleoption. QAT pays 80% of the employee’s premium and 40% of the dependent premium for the High Deductible health insurance. Once deductibles are met any services including prescriptions are covered at 100% by the insurance plan. Funds within your HSA account can be utilized to offset the high deductible. Individuals waiving the Medical plan will be given a $65.00 bonus per month if they choose not to participate in our healthcare plan. The HSA account allows the Healthcare plan to truly become a benefit even if it is not utilized. Traditional Health Care plans only offer a benefit upon utilization.

Flexible Spending Accounts

QAT pays the administrative costs associated with the Flexible Spending Accounts. You may set aside pre-tax dollars to pay for Dental, Vision, preventive medical and over the counter medications, dependent daycare costs and parking/transportation expenses. By setting aside the pretax dollars each pay period for applicable expenses you are reducing your taxable income.

Life Insurance

QAT pays for a term insurance policy for the employee. Additional Term life is available for additional coverage amounts for employees, spouse and dependents.

Short/Long Term Disability

We pay 100% of the premium for short/long -term disability insurance. You are eligible for 60% of your salary upon disability. The short term earnings are capped at $1,000 per week and the long term is capped at up to $6,000 per month maximum.

Education

We are committed to your professional growth and understand the importance of continuous training. QAT will reimburse up to $1,000 per employee per calendar year for applicable education courses. Special consideration may be given to accelerated or executive programs.

Referral Bonus

QAT rewards staff who have worked with talented IT professionals that may not know about the opportunities QAT has to offer. We appreciate the referrals of our employees and offer a $2,000 bonus for referrals who join QAT.

PC Purchase Plan

We understand the importance of easy access to technology. Our PC Purchase program is designed to make the latest technology affordable to our staff. We offer an interest free loan up to $3,000 for the purchase of a computer. The employee has up to one year to repay the loan via convenient payroll deductions.