Since the benefits package is not just a major part of total compensation, but also an important personal benefit, it's our goal to provide a comprehensive, yet cost-effective benefits package for everyone we work with.
CyberPoint provides all full-time employees with the opportunity to enroll in medical, dental and vision insurance at no cost. Eligible employees may choose to purchase one of two medical buy-up options, which provide a richer benefit. All of the medical plans provide a large nationwide network.
CyberPoint offers all full-time employees with the ability to establish both a Medical and/or Dependent Care Flexible Spending Account (FSA). This benefit allows eligible employees to contribute to the account(s) through payroll deductions on a pre-tax basis, thus reducing their taxable income.
CyberPoint offers all full-time employees with the ability to establish a Health Savings Account (HSA). This benefit provides tax-advantaged medical savings similar to a Medical FSA, however, funds roll over and accumulate year-to-year if not spent. An HSA also provides an additional tax savings vehicle as employees can save more annually in an HSA than they can in an FSA.
CyberPoint provides all employees with a 401(k) retirement plan, containing a broad selection of investment choices, as well as the provisions to direct contributions to either a 401(k), a Roth 401(k), or a combination of both.
Safe Harbor – The Company makes an employer Safe Harbor contribution into employee 401(k) accounts equal to three (3%) percent of employee's base pay each pay period.
Discretionary Profit Sharing – Once a year, CyberPoint targets an additional discretionary contribution based on company performance of up to two (2%) percent of each eligible participant's annual base pay. This contribution is determined yearly and based solely upon the Company's ability to fund such contributions.
Employees are not required to make individual contributions in order to be eligible for employer contributions, and employees are immediately 100% vested in all company contributions.
CyberPoint targets a discretionary annual profit sharing bonus of up to 5% of an employee's annual base earnings. This bonus may be received as regular taxable income, or as an employee 401(k) contribution.
CyberPoint is committed to life-long learning. CyberPoint offers employees the choice between two programs: the Formal Degree Program or the Professional Training Program. The Formal Degree Program is for full-time employees seeking to complete their Associate's, Bachelor's, Master's, or Doctorate degree. The Professional Training Program is for full-time employees seeking to continue their training through certification programs, conferences, and other continued education.
CyberPoint provides full-time employees with a Professional Development Allowance (PDA) per year allowing each full-time employee to enhance his or her professional environment. A PDA may be used to purchase items such as books, computers, cell phones, noise-cancelling headphones, professional society membership fees, etc.
CyberPoint recognizes that each full-time employee has different vacation, holiday, and illness leave needs. Balancing work and life is one of our most important beliefs. We offer all employees a generous leave package to facilitate leading an enriched life outside of work.
CyberPoint provides full-time employees both Short and Long Term Disability Insurance at no cost. We value the wellbeing of our employees and think providing income security through times of personal injury or illness is critical to any benefit package.
CyberPoint provides all full-time employees Life and Accidental Death & Dismemberment (AD&D) Insurance at no cost. Eligible employees have the opportunity to enroll in additional Voluntary Life Insurance covering themselves and their dependents.
CyberPoint encourages its employees to assist in the recruitment of highly qualified professionals. Employees referring a full-time professional that is subsequently hired will be eligible to receive a bonus. Bonus amounts are based on the criticality of each position filled.
CyberPoint offers many other entertainment benefits including the following:
CyberPoint provides all full-time employees access to our confidential Employee Assistance Program (EAP) at no cost. This benefit provides guidance on personal issues employees and their families may be facing.
CyberPoint encourages and rewards employees who create new business opportunities by offering a Business Development Plan (BDP) bonus. Employees who develop and execute a successful BDP with their manager are eligible to receive a percentage of the revenue captured over the first 12 months of the new business endeavor.