Benefits
We are champions for innovation and excellence in our support of the U.S. Navy.
We also adhere to a pursuit for excellence and a thriving workplace culture that attracts and retains the best and brightest talent. Offering a comprehensive benefits package that rewards you for a job well done is a key component to ensuring employee satisfaction, loyalty, and productivity. BPMI is fortunate to have a demographically broad workforce, which is why Human Resources regularly evaluates our total compensation package not only against industry best practices, but also against employee feedback. Our goal is to ensure our benefits meet the needs of our employees at each stage of their career and life.
Benefits Overview for BPMI Employees
Medical Coverage
BPMI offers competitive healthcare coverage to protect you and your family from the high cost of illness and injury and to help you stay healthy with preventive care benefits. Employees may choose the Preferred Provider Plan (PPO), one of two High Deductible Health Plans (HDHP), or no coverage. A Health Savings Account (HSA) is available to those who enroll in one of the HDHPs. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Wellness Rewards Program
Our Wellness Rewards Program is a free and optional program for employees enrolled in a high-deductible health plan (HDHP). The program promotes the development of healthier habits with professionally managed tools and resources shown to enhance wellness. Cash and HSA bonus dollar awards are available upon completion.
Dental Coverage
BPMI offers two dental plans to choose from (basic and enhanced). In- and out-of-network coverage is available under both plans. The enhanced plan provides higher coverage, with a higher employee contribution. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Vision Coverage
Vision care covers exams and glasses or contacts for adults and children. Benefits are paid at a higher level if a participating provider is used. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Disability
BPMI's short-term disability plan provides financial protection by paying a portion of your income for up to six months if you are unable to work because of sickness or injury that is not job-related. For coverage beyond six months, employees may choose to participate in the company's long-term disability program.
Health Savings Account (HSA)
A Health Savings Account is a tax-advantaged savings account for health care expenses and is available to employees who are enrolled in BPMI’s High Deductible Health Plan (HDHP). In addition to employee contributions, BPMI offers an annual contribution to the employee’s HSA account. Annual contribution is based on the employee’s chosen HDHP and level of coverage.
Flexible Spending Account (FSA)
Flexible Spending Accounts are optional accounts that employees may contribute to on a pre-tax basis in order to pay out-of-pocket health and dependent care expenses. The savings in taxes can be 15-30%.
Life Insurance
Employees are provided group life insurance at one times their basic annual earnings with a minimum of $50,000. Coverage is also provided for accidental death and dismemberment and while traveling on company business.
BPMI offers competitive healthcare coverage to protect you and your family from the high cost of illness and injury and to help you stay healthy with preventive care benefits. Employees may choose the Preferred Provider Plan (PPO), one of two High Deductible Health Plans (HDHP), or no coverage. A Health Savings Account (HSA) is available to those who enroll in one of the HDHPs. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Wellness Rewards Program
Our Wellness Rewards Program is a free and optional program for employees enrolled in a high-deductible health plan (HDHP). The program promotes the development of healthier habits with professionally managed tools and resources shown to enhance wellness. Cash and HSA bonus dollar awards are available upon completion.
Dental Coverage
BPMI offers two dental plans to choose from (basic and enhanced). In- and out-of-network coverage is available under both plans. The enhanced plan provides higher coverage, with a higher employee contribution. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Vision Coverage
Vision care covers exams and glasses or contacts for adults and children. Benefits are paid at a higher level if a participating provider is used. Participating employees pay a portion of the premium in their bi-monthly paychecks.
Disability
BPMI's short-term disability plan provides financial protection by paying a portion of your income for up to six months if you are unable to work because of sickness or injury that is not job-related. For coverage beyond six months, employees may choose to participate in the company's long-term disability program.
Health Savings Account (HSA)
A Health Savings Account is a tax-advantaged savings account for health care expenses and is available to employees who are enrolled in BPMI’s High Deductible Health Plan (HDHP). In addition to employee contributions, BPMI offers an annual contribution to the employee’s HSA account. Annual contribution is based on the employee’s chosen HDHP and level of coverage.
Flexible Spending Account (FSA)
Flexible Spending Accounts are optional accounts that employees may contribute to on a pre-tax basis in order to pay out-of-pocket health and dependent care expenses. The savings in taxes can be 15-30%.
Life Insurance
Employees are provided group life insurance at one times their basic annual earnings with a minimum of $50,000. Coverage is also provided for accidental death and dismemberment and while traveling on company business.
401(k) Savings Program
This program provides a convenient way to save for the future through payroll deductions. The company contribution is $.50 for every $1 of the first 10% of your base compensation that you save in the plan. You begin to receive the company portion upon enrollment, and there is immediate vesting of the company match. You have the option to save from 2% to 25% of your compensation, on a pre-tax and/or after-tax basis, and to invest in a number of diversified investment options.
Capital Accumulation Plan
The Capital Accumulation Plan (CAP) is another attractive retirement plan in addition to the 401(k) Savings Program. There are no employee contributions required. The company contributes 3% to 6% of your base salary into this plan depending on your years of service. Employees are fully vested in three years and have the choice of investing in a number of diversified investment options.
This program provides a convenient way to save for the future through payroll deductions. The company contribution is $.50 for every $1 of the first 10% of your base compensation that you save in the plan. You begin to receive the company portion upon enrollment, and there is immediate vesting of the company match. You have the option to save from 2% to 25% of your compensation, on a pre-tax and/or after-tax basis, and to invest in a number of diversified investment options.
Capital Accumulation Plan
The Capital Accumulation Plan (CAP) is another attractive retirement plan in addition to the 401(k) Savings Program. There are no employee contributions required. The company contributes 3% to 6% of your base salary into this plan depending on your years of service. Employees are fully vested in three years and have the choice of investing in a number of diversified investment options.
Relocation Benefits
New hires whose permanent address is greater than 50 miles from BPMI are eligible for a miscellaneous allowance expense disbursement, house hunting, temporary living, lease cancellation, and/or departure home closing cost expenses. In addition, BPMI will provide for the moving of household belongings.
Adoption Assistance
BPMI provides an adoption assistance benefit of $5,000 per child (up to two children per lifetime, per household) to support employees in offsetting some of the costs of adoption.
Tuition Reimbursement
Tuition reimbursement is available after satisfactory course completion for approved courses and degree programs that are typically related to your current or future work discipline.
New hires whose permanent address is greater than 50 miles from BPMI are eligible for a miscellaneous allowance expense disbursement, house hunting, temporary living, lease cancellation, and/or departure home closing cost expenses. In addition, BPMI will provide for the moving of household belongings.
Adoption Assistance
BPMI provides an adoption assistance benefit of $5,000 per child (up to two children per lifetime, per household) to support employees in offsetting some of the costs of adoption.
Tuition Reimbursement
Tuition reimbursement is available after satisfactory course completion for approved courses and degree programs that are typically related to your current or future work discipline.
Flexible Start/End Times
BPMI employees may choose a standard work schedule with a typical start time between 6:00 a.m. and 9:00 a.m. This flexibility allows for greater work-life balance to allow employees to manage at-home responsibilities with their work responsibilities.
Teleworking Opportunities
BPMI does business within high-security facilities, which means a lot of our information stays protected within our walls (both physically and digitally); however, there is also a lot of work that accommodates teleworking! Day by day, our capabilities grow to allow more and more work-from-home opportunities. Ask your Talent Acquisition professional if the position you applied for can support teleworking.
9/80 Alternative Work Schedule
To help employees better balance work and personal life demands, a 9/80 Alternative Work Schedule option is available. This is a compressed work schedule where 80 hours are worked over nine days in a two-week period. Employees on 9/80 will be scheduled to work eight 9-hour days, one 8-hour day, and have one day off (generally Friday) in a two-week period.
Personal Time Off
Paid personal time off is provided for vacation and holidays. One hundred twenty (120) hours of paid time off is accrued during the first year for full-time hires, along with 11 paid holidays. Time may be used in one-hour increments. We also offer paid personal time off for part-time employees.
Medical Time Off
Paid medical time off is provided for mental or physical illness, injury, or medical appointments for the employee or employee's immediate family. Employees are provided with 56 hours of medical time at the start of each year. Time may be used in one-hour increments. We also offer paid medical time off for part-time employees, casual employees, and interns/co-ops.
Paid Parental Leave
BPMI provides up to two weeks paid time off for the birth or nonbirth parent/employee to enable employees to care for and bond with biological newborns and adoptive children.
For employees adding to their family, we recognize their need for paid time off to bond with their new child without the worry of it affecting their paycheck. In addition to the paid short-term disability and FMLA continuous unpaid leave for bonding, BPMI’s parental leave offers two additional weeks of 100% wage replacement to both birth and nonbirth parent/employee.
BPMI employees may choose a standard work schedule with a typical start time between 6:00 a.m. and 9:00 a.m. This flexibility allows for greater work-life balance to allow employees to manage at-home responsibilities with their work responsibilities.
Teleworking Opportunities
BPMI does business within high-security facilities, which means a lot of our information stays protected within our walls (both physically and digitally); however, there is also a lot of work that accommodates teleworking! Day by day, our capabilities grow to allow more and more work-from-home opportunities. Ask your Talent Acquisition professional if the position you applied for can support teleworking.
9/80 Alternative Work Schedule
To help employees better balance work and personal life demands, a 9/80 Alternative Work Schedule option is available. This is a compressed work schedule where 80 hours are worked over nine days in a two-week period. Employees on 9/80 will be scheduled to work eight 9-hour days, one 8-hour day, and have one day off (generally Friday) in a two-week period.
Personal Time Off
Paid personal time off is provided for vacation and holidays. One hundred twenty (120) hours of paid time off is accrued during the first year for full-time hires, along with 11 paid holidays. Time may be used in one-hour increments. We also offer paid personal time off for part-time employees.
Medical Time Off
Paid medical time off is provided for mental or physical illness, injury, or medical appointments for the employee or employee's immediate family. Employees are provided with 56 hours of medical time at the start of each year. Time may be used in one-hour increments. We also offer paid medical time off for part-time employees, casual employees, and interns/co-ops.
Paid Parental Leave
BPMI provides up to two weeks paid time off for the birth or nonbirth parent/employee to enable employees to care for and bond with biological newborns and adoptive children.
For employees adding to their family, we recognize their need for paid time off to bond with their new child without the worry of it affecting their paycheck. In addition to the paid short-term disability and FMLA continuous unpaid leave for bonding, BPMI’s parental leave offers two additional weeks of 100% wage replacement to both birth and nonbirth parent/employee.
• On-site cafeteria (Pittsburgh location)
• On-site fitness center (Pittsburgh location)
• Free parking
• Voluntary life and disability insurance plans
• Voluntary pet insurance plans
• Employee assistance program (EAP)
• Gift matching for educational institutions
• Rewards and recognition awards
• …and more!
• On-site fitness center (Pittsburgh location)
• Free parking
• Voluntary life and disability insurance plans
• Voluntary pet insurance plans
• Employee assistance program (EAP)
• Gift matching for educational institutions
• Rewards and recognition awards
• …and more!
This is a brief overview of the current benefits offered to full-time BPMI employees. This information is not intended to replace or augment the official documents of the BPMI Benefits Program. If there is a conflict between this summary and the legal plan document, the plan document will determine the benefit.