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When it comes to medical benefits, everyone has different needs and priorities. With this in mind, we offer a choice between a traditional fee-for-service medical insurance plan with a PPO network (Preferred Provider Organization) and an HMO (Health Maintenance Organization) plan, with a network in Tijuana, B.C., Mexico. Employees receive prescription coverage through both plans.
We offer a dental PPO plan with a PDP (Preferred Dentist Program) network, which provides freedom of choice. Employees may go out-of-network at any time and still receive benefits. Dental insurance includes coverage for preventative, routine, major dental expenses, and orthodontia for children at competitive rates. The HMO plan in Mexico offers basic dental coverage.
With an FSA, you can set aside your own money by pre-tax deductions to pay for predictable health care or dependent (day) care out-of-pocket expenses. By using pre-tax dollars instead of after-tax dollars, you save money.
We offer a vision plan. In addition, the HMO plan offers basic vision coverage with its medical plan.
Basic life insurance is provided to employees and eligible dependents at no cost. Employees have the option to purchase additional life insurance for themselves and their eligible dependents (at competitive rates).
All employees traveling on company business are covered under this plan.
This plan was specially designed to provide benefits to employees when they are disabled and prevented from performing the regular duties of their job, as a result of a covered accident or illness on a long-term basis.
All Salaried classified employees are eligible under the Short-Term Disability Plan. The purpose of this benefit is to provide employees with income on a short-term basis in the event that they become medically disabled.
The Prepaid Legal Plan provides employees, their spouse, and eligible dependents with access to legal services at a low fee. There are no deductibles, co-payments, waiting periods, or claim forms.
Aflac plans are available for accidents, cancer, disability, heart attack, stroke, critical illnesses, and life insurance. All plans pay you for applicable care and treatment and supplements your group health coverage. You are covered outside of the U.S. or in any other state.
Watkins observes eight holidays during the year. Employees receive holiday pay immediately after their hire date. The following are designated as company paid holidays:
Watkins provides Paid Time Off (PTO) benefits, based on years of service, in order to: assist employees in achieving a work life balance; to use for a sudden illness; and/or celebrate an unobserved holiday each year. We strongly encourage employees to take their full annual PTO accrual each year.
This plan enables employees to share in the success of the company by receiving a share of its profits. This contribution percentage may vary from year to year based on the company's profitability.
Each employee is enrolled in a bonus program designed to recognize their contributions. This bonus is based on job title and in some cases, pay grade and salary.
This plan allows employees to save and invest for retirement. Employees can enroll, reduce, increase, or stop the percentage of their contribution at any time. In addition, the company matches up to 100% of the first 4% of the employee’s contribution to the plan.
It is our policy to grant a leave of absence (time-off) for specific reasons without loss of benefit eligibility or seniority in most cases.
Watkins is concerned about the health and well-being of its employees. We have established an Employee Assistance Program that provides confidential assistance when personal or relationship problems affect the employee's life and work.
Watkins encourages the pursuit of continuing education. Our program provides reimbursement for eligible courses that are related to furthering education that is beneficial to the employee and company.
Employees are provided health care for minor aches and pains from a professional onsite nursing staff.
This program is designed to offer a world class working environment where employees are empowered to take control of their well-being.
Watkins realizes the benefits of alternative transportation methods. We offer incentives for vanpools and public transportation subsidies.
Employees have the option of wearing a suit or going more business casual every day!
Watkins employees are offered a variety of discounts for admissions to family theme parks, movie theaters, and of course, our spas! Furthermore, employees and in some cases immediate family members can purchase products manufactured by some of the MASCO companies and its affiliated companies at substantial discounts from retail prices.