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Drexel Technical is proud of its employee benefit package. More importantly we understand that this is an evolving area and we continually seek to provide our employees with the finest benefits available in the industry.

Life Benefit Program
Drexel Technical's Life Benefit Program encompasses a number of tangible and intangible services with the ultimate goal adding convenience to an employee's work experience with Drexel. For example, our "Concierge Service" can assist our IT personnel or those seeking employment by making any necessary travel or lodging arrangements. This service has been especially helpful to those employees working away from home. For further details please contact a company representative.

Comprehensive Health and Dental Insurance
Drexel Technical is committed to offering its employees quality comprehensive health and dental benefits that are affordable. The company currently maintains its health plan with
Aetna, a well known and respected national health provider. To provide the greatest flexibility for its employees, two health programs are offered. These are the Aetna Choice POS Plan and the Aetna QPOS Plan.  Each plan includes quality coverage for preventive care, hospitalization, specialist care, emergency room care, and mental health as well as many other components. Additionally, each plan comes with a prescription drug benefit. Drexel Technical offers a national dental plan as well, managed by Metlife.

All health and dental plans fall under the umbrella of Drexel’s Section 125 Plan. As such, any contributions made by the employee towards these plans would be done on a pretax basis.


Drexel Technical 401(k) Retirement Plan
Drexel Technical understands the importance of saving for retirement while minimizing one’s current year tax burden. The company currently maintains a 401(k) plan administered through John Hancock Life Insurance Company.

The plan is a valuable benefit to help employees save for the future. Saving now can help you have income you will need at retirement. Participation in the plan is easy and convenient. Employees contribute a portion of their pay to their plan account through payroll deduction. There are significant tax advantages, also. Qualifying contributions and all earnings in the employee’s account are not subject to current federal income tax until funds are withdrawn from the plan. This tax deferral gives retirement savings the ability to grow under the most favorable terms possible. What’s more, after a year of service, Drexel Technical will match up to twenty five percent of an employee’s elective deferral up to five percent of salary.

By combining convenience with these special tax benefits, a 401(k) plan offers one of the best ways to fund your future. Eligibility to participate in the plan begins after one year of service.


Life and Accidental Death and Dismemberment (AD&D) Insurance
Drexel Technical, through its benefit resources, gives those employees who are participating in the company’s health plans automatic access to Life and AD&D insurance. The life benefit is $10,000.00 and the AD&D benefit can pay up to $10,000.00 depending on the injury claim.  The most exciting aspect of this coverage is that the related premium is fully paid by Drexel.  There is no additional cost to the employee.  Drexel has selected Aetna Life Insurance Company to underwrite these benefits.


Benefits Department
To assist you with any questions you may have with your health insurance or 401k, Drexel Technical’s Benefits Department is there to help.


Weekly Payroll
Drexel Technical is unique in the IT staffing industry in that it pays its employees on a weekly basis. There is no need to wait two weeks or even a month to receive earned pay. Even initially, when an employee begins work for Drexel, there is no processing delay in receiving a pay check. Any work performed within a given week will be paid the following Friday.
                                                                                                        Direct Deposit                                                                    Drexel Technical understands the busy home and work schedules that exist in today’s environment. To save an inconvenient trip to your local bank, we offer the convenience of direct depositing your paychecks into your bank account. Would you like your funds deposited into your savings as well as your checking account? No problem. This option is also available.

Online Wage Statements
                                          Through our payroll provider, ADP, Drexel employees are able to view their wage statements online at anytime through the “ipaystatements” benefit.  Additionally, Form W-2 may be viewed this way as well.  Employees no longer have to wait for their wage statements to arrive in the mail.   Simply log into your secure account and view the statement from whichever week you desire.

Travel and Housing Assistance
For consultants traveling into the area for a job assignment, Drexel Technical’s Travel Department can assist with all travel plans including transportation and quality affordable lodging.

 



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