Benefits Package Summary
Katz, Sapper & Miller offers comprehensive benefits to our staff. We invite you to review the following summary of our Benefits Package. Please do not hesitate to contact us if you would like to discuss our benefits in greater detail.
Birth or Adoption Days
We provide two additional days off (with pay) for the birth or adoption of a child.
Cafeteria Plan (Section 125)
The firm offers a pre-tax benefits contribution option for employees.
A Section 125 Plan is a benefit plan that allows you to make contributions toward medical and disability premiums and out-of-pocket medical and dependent care costs on a pre-tax basis. Your contributions are deducted from your gross pay before income tax and Social Security are calculated.
We also have the Limited Flex Account to go along with the High Deductible Health Plan.
CPA Bonus Program
This program helps you pass the CPA Exam within your first two years of employment. The program is designed to give you options while reducing your financial burden, rewarding you for your accomplishments and allowing you to focus on the future and other specialized training.
When you enroll in KSM’s CPA Bonus Program, you get:
- $2,000 to spend as you wish on study materials, registration and/or exam fees (Any remaining cash balance is awarded to you after successful completion of the CPA Exam.). Additional incentives are available to staff who pass the exam within six - twelve months.
- A discount on the Becker Review
- 100 percent of the Ethics Exam paid for by KSM
- Indiana CPA licensure fees paid by KSM
- Indiana CPA membership dues for college graduate new hires on January 1 after completion of one year of service, and immediately for all other experienced, professional staff
- AICPA annual membership dues paid by KSM
- Lifetime professional opportunities
All KSM professionals are eligible to participate in this program.
Education and Professional Development
KSM is committed to the continuing education and professional development of its staff. KSM University provides comprehensive educational opportunities. We also provide reimbursement for the CPA examination, professional society fees and related expenses.
ESOP
Katz, Sapper & Miller is an Employee Stock Ownership Plan. After completing one year of service, employees are eligible to participate in KSM's ESOP. Eligible participants will receive a five percent contribution based on gross wages.
Life and Disability Insurance
KSM provides its staff with group life and long-term disability insurance. Short-term disability insurance is available at a minimal cost. In addition to the group life, we have a non CPA-voluntary group life insurance.
Major Medical, Dental and Vision Plan
KSM offers a PPO group medical/vision plan for our High Deductible Health Plan combined with a Health Savings Account. The firm contributes to the Health Savings Account and pays 100 percent of preventative care.
Matching Gifts Program
KSM will match up to a specific annual amount per employee for gifts to charitable organizations of their choice. We are hopeful that this program will further the growth and success of charitable organizations that are important to our staff.
Paid Time Off
KSM provides employees with paid time off, which covers vacations, sick days and personal time off.
Referral Bonus Program
KSM may pay employees for their referral of new employees.
Retirement Plans
After a short period of time, staff members are eligible for the firm’s Regular & Roth 401(k) savings plan as well as the KSM-funded Employee Stock Ownership Plan.
Wellness Program
The firm offers a wellness allowance, an employee assistance program, on-site health screenings and targeted intervention flu and pneumonia shots (paid 100 percent), and an office cooler stocked with complimentary healthy snacks.
Travel
Although travel is minimal, we reimburse our staff for all related expenses.
(This information is current as of January 2009.)