Skandia, Inc. Benefits

Skandia, Inc. is all about improving upon the personal experience, which is how we structure our Benefits package. We offer competitive salaries and benefits and continue to revise our rewards package for a complete work-life balance.

Skandia, Inc. Benefits Package includes:

Medical Insurance (PPO, HSA)

Skandia, Inc. employees receive health insurance, with PPO network options available including one that includes a Health Savings Account. Medical coverage begins the 1st of the month following 30 days of full-time employment.

Dental Insurance

Our benefit package includes dental insurance, including provisions that help reduce out-of-pocket expenses through the use of providers in the network. Dental coverage begins the 1st of the month following 30 days of full-time employment.

Vision Insurance

Our benefit package includes Vision insurance, including provisions that help reduce out-of-pocket expenses through the use of providers in the network. Vision coverage begins the 1st of the month following 30 days of full-time employment.

Retirement Plans (401(k) and Roth IRA)

401(k) and Roth IRA

Employees are eligible quarterly to participate in the Company’s 401(k) and Roth IRA programs. Depending on the program(s) selected, employees can contribute any amount (up to the federal maximum allowance) of their salary into retirement funds on a pre-tax and post-tax basis.

Skandia matches 100% of the first 3% and 75% of the next 2% of employee eligible contributions. Employees are eligible to participate in both plans the first day of the quarter following their start date. The employer match starts immediately with the employee eligibility and is fully vested.

Life Insurance (Self, Spouse and Children)

All eligible employees are covered under a life insurance policy – at no cost to them – that provide coverage to the employee, spouse and eligible dependents.

Accidental Death and Dismemberment Insurance

Skandia provides the employees with AD&D coverage, at no additional cost to them.

Short and Long-Term Disability

Employees who experience unexpected illness or injury are covered by short- or long-term disability protection. Short-term disability benefit are paid for a maximum of 12 weeks. Long-term disability benefits begin after a 90-day elimination period.

Supplemental Insurance

All eligible employees can prepare their family for the unexpected by electing supplemental insurance coverage.

Other Benefits

Skandia is not only committed to the health of our employees, but also to their personal well-being.

  • Paid time Off and Holiday Observations
  • Tuition Reimbursement
  • Employee Referral Program
  • Wellness Program

 

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