Benefits

Kern River's commitment to employees is demonstrated by providing opportunities for personal growth and development and through competitive compensation and benefits. In addition to market-based salary, our compensation package includes incentive programs to recognize and reward outstanding performance. Our benefits program is designed to meet the diverse needs of employees and their families today as well as in the future. Following is a list of the current benefits Kern River provides to employees:

Paid Time Off

  • Paid time off hours accrue each pay period based on years of service 
  • New employees receive two months of PTO accruals immediately, and additional PTO accrues each pay period after two months of employment
  • Flexibility to build a PTO bank and use for personal situations
  • Eight fixed holidays
  • Two floating holidays

Fitness Center

  • Free on-site fitness center in Salt Lake City

Wellness Program

  • Our wellness program provides incentives for you and your family to add additional dollars to your health savings account while monitoring and improving your overall health

Tuition Reimbursement/Learning

  • Reimbursement of tuition and standard lab fees for coursework leading toward a business degree or course of study that relates to the business of Kern River (up to $5,250 per year)

Employee Assistance Program

  • Professional and confidential counseling services
  • Legal, financial and family support including internet services encompassing all of these areas

Adoption Assistance

  • Reimburses parents for eligible expenses up to a maximum of $5,000

Disability

  • Short-term and long-term disability coverage at no cost to the employee
  • Short-term disability of 75 percent of pay for up to six months 
  • Long-term disability coverage of 60 percent of monthly salary. Option to purchase additional coverage at 66.7 percent of monthly salary 

Dress Guidelines

  • Kern River follows a business casual dress code with casual Friday

Retirement Savings Plan

  • Automatic, immediate enrollment for fixed contribution of 4 percent of pay, fully paid by the company. Vests three years from date of employment
  • Company matches 65 percent of the first 6 percent of pay contributed pretax or Roth  
  • A variety of investment funds as well as a self-directed investment option

Profit-Sharing Match

  • Kern River's overall performance determines the annual contribution to the 401(k) plan

Medical

  • Tax-advantaged health savings account used in combination with a high-deductible consumer-directed health plan including prescription coverage    
  • 100 percent coverage for preventive services
  • No waiting periods or pre-existing condition limitations

Dental

  • Choice of two dental plans
  • 100 percent coverage for check-ups and cleanings
  • Cavity repair, root canals and restoration coverage
  • Orthodontia (for dependent children)

Vision

  • Eye exam, lenses or contacts, and frames coverage

Flexible Spending Accounts

  • Limited-purpose flexible spending account for up to $5,000 per year on a pretax basis to pay for dental and vision expenses not paid by insurance
  • Dependent care reimbursement account for up to $5,000 per year on a pretax basis to pay for day care expenses

Life Insurance

  • Company-provided life insurance of one times the employee's annual base salary
  • Supplemental life insurance in increments of one to four times annual base salary
  • Four levels of spouse life insurance (up to $120,000)
  • Three levels of dependent life insurance (up to $15,000)

This information highlights the Kern River benefits program and policies. If there is any discrepancy between this information and a plan document, the plan document will govern in all cases. Kern River reserves the right to add, delete, change or revoke these benefits and policies at any time, with or without notice. These benefits and policies do not create a contract between Kern River and any employee, nor do they create any entitlement.

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