Insurance Benefits
- Health Insurance: QualityMetric provides staff members
and their families with comprehensive health coverage. The
inclusive BlueCross BlueShield PPO plan offers quality health
care and freedom of choice.
- Dental Insurance: The Dental Benefit Program provides
comprehensive coverage through Delta Dental.
- Life Insurance: QualityMetric provides life insurance coverage equivalent to
two times the employee's annual salary (with a maximum of $200,000), free of charge.
Staff members may purchase an additional 1, 2, 3, or 4 times their salary to a maximum
of $800,000 (total combined with company-provided coverage).
- Domestic Partners: Health, dental, and optional life insurance benefits are
offered to eligible domestic partners in states that do recognize same-sex marriage.
- Disability Benefits: QualityMetric provides short- and long-term disability
plans, which are 100% company paid. These plans offer protection against income
loss when illness or an injury preventing a staff member from working.
- Flexible Spending Accounts: These plans allow staff members
to contribute up to $5,000 on a pretax basis for eligible non-reimbursed
medical- and dental-related expenses and up to $5,000 on a pretax basis for
eligible dependent care expenses.
Paid Time Off
QualityMetric offers a variety of benefits to provide staff members
with free time for rest, relaxation, and personal pursuits.
- Vacation Days: Accrues per pay period for a total of 15 vacation
days during the first year of employment.
- Personal Days: Staff members have up to 2 days of paid
personal time each year to use at their discretion.
- Holidays: Ten company observed Holidays which include: New
Year's Day, President's Day, Memorial Day, Independence Day, Labor Day,
Columbus Day, Thanksgiving Day and the Friday after, and Christmas Day.
Training and Development
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Training is not only strongly encouraged at QualityMetric; it is a key part
of our company's purpose and our core values. We encourage every staff member
to foster his or her own personal and professional development by participating
in training every year.
Tuition Reimbursement
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QualityMetric encourages educational development and excellence and will partner
with employees to help you achieve your higher education goals. Opportunities may
be pursued through our tuition reimbursement plan. Reimbursement is at 100% of the
cost for tuition, fees, and books for two approved courses at one time Total maximum
reimbursement of $5,000 per calendar year.
Bonus Plan
- The bonus program is designed to reward and encourage staff
members' contributions to the success of QualityMetric. Three factors determine the
amount given: company profitability, individual performance, and individual salary.
The bonus plan has been in place since 2002 and has paid out every year since then.
401(k) Plan
- QualityMetric offers a 401(k) Savings and Investment Plan
with a choice of thirteen investment funds and a self-directed brokerage option.
Staff members may contribute up to 80% of their total pay on a pre-tax basis. QualityMetric
matches 50% of the first 6% that a staff member contributes pre-tax.
Incentive Stock Options
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Subject to the approval of the Board of Directors of the Company, the Company may grant to you
incentive stock options under the QualityMetric 2007 Stock Incentive Plan for the purchase of
aggregate shares of common stock of the Company. These shares will vest over a four year period
at the rate of 25% of the total number of shares on the first year anniversary date of your employment.
