As a benefit eligible Sarnoff employee, you will receive a benefits package that is a valuable addition to your salary. The following is a summary of what you can expect. *

Sarnoff Benefit Plans

Sarnoff offers a variety of benefits to meet your personal needs. Coverage is available to you, your spouse/domestic partner, and your dependent children.

Our benefits include:

• Medical Plan – choose from Open Access POS or QPOS
• Dental Plan – choose from the DMO or PPO
• Employer paid Life Insurance (Employee only)
• Employee/Dependent Accidental Death & Dismemberment Insurance
• Vision Care
• Flexible Spending Accounts – (Medical & Dependent Care)
• Additional Employee Life Insurance
• Dependent Life Insurance
• Long Term Disability
• Legal Services Plan

** If you have Medical Coverage under another plan, you may waive our medical coverage and receive an opt-out credit, currently valued at $120 per month.

Other Benefits

Short Term Disability

Sarnoff Corporation provides Short Term Disability for all employees. Should an illness or injury keep you away from work for more than seven consecutive days, our Short Term Disability plan will provide you payment while you are out of work for up to a period of 26 weeks.

Long Term Disability

Sarnoff Corporation offers a Long Term Disability Plan to all employees (at their own cost), which provides for payment while out of work due to extended illness/injuries continuing past the 26-week allotment of Short-term Disability.

Employee Assistance Program

The Employee Assistance Program is a confidential counseling and referral program available to employees and employees’ household members without charge. It is designed to assist persons who are experiencing personal, family, or work related problems.

Retirement Savings Plan (401k)

Employees are eligible to join our Income Savings Plan (401k) on the first of the month, following their date of hire. You are eligible for Matching Contributions after you complete one year of service and a minimum of 1,000 hours.

Educational Assistance

For eligible full-time employees, Sarnoff Corporation provides 100% reimbursement (up to a maximum of $5,000) for approved undergraduate and graduate programs per academic year. Eligible part-time employees may receive up to $2500 per academic year.

Training

Your professional development is important to Sarnoff Corporation. Sarnoff offers management, business, computer/PC, and basic skills training. We also offer technology seminars and educational courses for health and benefits.

Holidays

You will receive nine (9) paid holidays per year. Seven (7) of which are company scheduled and two (2) are floating holidays.

Vacation

Depending on your start date, your vacation time will be pro-rated for the first calendar year of service. Thereafter, you will receive 15 paid vacation days.

U.S. Savings Bonds

You may purchase Savings Bonds conveniently through payroll deduction.

Concierge Services

At Sarnoff Corporation, you will find a wide array of discount programs for Health Clubs, theater tickets, theme parks, and on-site services, such as dry cleaning and an excellent full-service cafeteria.

*Sarnoff reserves the right to modify these benefits at any time in its discretion.