Benefit Highlights

 

We believe it is critical to provide our employees with a comprehensive benefits program that supports a healthy work-life balance. One of the most important reflections of a company’s values is its benefits program and how it is administered and supported by senior management. It must protect and support an employee and his family in times of need and retirement; it must foster and nurture professional growth and provide flexibility to accommodate the demands of life. BEM’s benefits program speaks to those values.

BEM partners with Extensis Group (“Extensis”), a industry leading Professional Employer Organization (PEO) with over 20 years of experience providing human resources and business solutions that help America’s best companies prosper. This relationship provides our employees with the best possible options and access to work-class payroll and employment administration, competitive employee benefits, workers’ compensation support, expertise in government compliance, more than 3,000 online training courses and much more.

 

Welfare Benefits

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We are extremely sensitive to the affordability issues our employees face with regard to the cost and quality of health care. We are, at the same time, committed to continuing to provide comprehensive health care coverage to our employees. In an effort to meet affordability objectives for our employees and the Company, while maintaining high-quality health care, BEM currently offers two types of plans including a traditional PPO with two levels of deductible and a High Deductible Health Plan (HDHP). The choice is yours based on your health care spending needs.

Health Benefits

  • Group Health Plan coverage for eligible employees:
    • Medical Benefits: BEM currently offers two types of plans including a traditional PPO with two levels of deductible and a High Deductible Health Plan (HDHP).
    • Dental & Vision Benefits
  • Health Care Flexible Spending Account (FSA) Plan
  • Health Savings Account (HSA) Program
  • Employee Assistance Program

Insurance Benefits

  • Basic Term Life and Personal Accident Insurance
  • Basic Disability Insurance
  • Voluntary Group Universal Life Insurance
  • Voluntary Personal Accident Insurance
  • Voluntary Disability Insurance

Additional Benefits

  • Adoption Assistance
  • AFLAC 
  • Commuter Benefits
  • Educational Assistance
  • Pet Benefit Programs
  • Training and Development
  • Dependent Care Flexible Spending Accounts

 

Financial Benefits

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It’s never too early to start saving for retirement, and BEM offers a robust program that combines participation in our Employee Stock Purchase Plan (ESPP) and a 401k program offering a diverse portfolio of mutual funds. 

  • Employee Stock Purchase Plan (ESPP): All full-time employees in good standing are eligible to invest in company stock after six months of their hire date or sooner under special conditions. This program has been developed to foster a leadership and entrepreneurial culture.
  • 401(k) Savings Plan: BEM’s 401(k) Savings Plan is designed to assist employees in achieving financial security at retirement.
    • Employees are eligible to contribute a portion of their salary immediately upon employment, up to the IRS annual limits.
    • After six months of employment, BEM will match contributions at a rate of 33 1/3%, up to a maximum of 2%.
    • BEM also contributes 1% of base salary automatically; this is in addition to the company match of employee’s personal contributions.
    • Company match vests based on years of service:
      • Less than 2 years – 0%
      • 2-3 years of service – 20%
      • 3-4 years of service – 40%
      • 4-5 years of service – 60%
      • 5+ years of service – 100%

 

  • Incentive Compensation Plan (ICP): BEM’s ICP is designed to reward employees for work accomplished above the basic essentials of the job description. It is meant to inspire an entrepreneurial spirit that drives service.

 

  • Employee Incentive Referral Program: Employees at all levels are encouraged to present candidates for consideration. Should a referral result in a hire, the employee is eligible for a bonus worth up to $2,000.

 

Learning and Development

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BEM encourages employees to learn new things. As a company, we seek employees who are constantly growing and expanding their knowledge base, and we want our employees to feel that this is a place where they can be excited about what they are doing. By their very nature, BEM’s professional practice areas require constant learning and skill development. The simple fact that our clients’ needs and expectations are always evolving (facing new regulatory requirements, for example, or simply meeting more demanding economic conditions) requires us to stay competitive, attract top talent, and achieve high standards for excellence. And these are the three big reasons why we invest in our employees’ continuing education and professional development. 

Tuition Reimbursement Program

We recognize that educational development is important and should be encouraged. BEM’s Tuition Reimbursement plan was established to provide an opportunity for full-time employees (with at least one year of service) to obtain additional education or training in order to increase their competence in their present jobs and to prepare for future advancements within the company.

Licenses and Registrations/Dues and Memberships

We encourage our employees to obtain professional registrations and certifications in their area of expertise. BEM pays for eligible expenses related to obtaining registrations and certifications. It is anticipated that employees will take an active and participatory role in their respective professional societies through publishing, public speaking, fund raising, serving on committees, and/or as an officer. Reimbursement is made for approved dues, and memberships in professional societies and organizations.

Industry Sponsored Seminars and Conferences

Attendance at Industry Sponsored Seminars and Conferences helps provide employees with knowledge about advances and trends in the industry that are related to an employee’s work activities. It’s also an opportunity to network and expand one’s industry contacts and horizons. Publishing and/or presenting at professional industry recognized venues is encouraged with the company paying 100% of all costs associated with attendance. Employees are expected to share their experience at these conferences through briefings and brown bag lunch presentations.

Insperity Educational Assistance

As part of our relationship with Insperity and separate from BEM’s Tuition Assistance Program, Insperity offers an Educational Assistance Program designed to encourage eligible employees to acquire additional education on a voluntary and independent basis to maintain or improve skills that will be beneficial to the employee. This program does not require employer approval.

  • Up to a maximum of $1,500 per calendar year for approved undergraduate or graduate college courses taken as part of an employee’s degree program at an accredited institution
  • Up to a maximum of $500 per calendar year for approved continuing educational expenses (including courses taken at an accredited trade or vocational school, business school or through a professional association)

Developmental Goals

Managers work with employee owners to develop an Individual Development Plan helping all employees understand and apply their strengths and talents and how they relate to the overall growth of the company.

 

Work Life Balance

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BEM believes that employees should have the flexibility to work from home, or adjust their start and stop times, and should have opportunities to enjoy time away from work to help balance their work and personal lives. All flexible work arrangements are to be approved by the Employee’s Immediate Supervisor. 

 

Telecommuting/Flexible Work Schedules

Telecommuting and Flexible work schedules are encouraged for those individuals who are employees in good standing; and based on the nature of the work they do, it is productive for them to work at home or to adjust their start and stop times. Not only does this type of scheduling help employees balance their work and personal lives, but we have also found that it can increase productivity and employee morale.

Holidays

BEM provides seven paid holidays per calendar year to include New Year’s Day, Memorial Day, 4th of July, Labor Day, Thanksgiving Day and Day After Thanksgiving, Christmas Day, and one Floating Holiday.

Paid Time Off (PTO)

BEM understands the need for personal time off and offers a structured policy where time is accrued and earned based on your length of service, employment status, and date of employment.