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We sincerely appreciate the kind comments about the positive work environment we strive to create and maintain.
Regarding the PTO comment, it is fully explained in the offer letter each perspective employee accepts and then again at new hire orientation. The company uses an industry standard paid time off (PTO) approach whereby all PTO is in one bucket of available paid leave. New hires start with 22 days annually and that increases over time with longevity. Each new employee is advised that they start with 22 PTO days per year, that 10 of those are designated Federal holidays; leaving 12 days a year (2.4 weeks) to use as the employee needs. Unlike many companies where employees have to wait a year to accrue and use PTO, at KMS employees begin accruing PTO immediately and are free to use it after their first 90 days of employment.
The rest of our benefits are available on a cafeteria style basis where each employee has the opportunity to pick and chose what they want. When it comes to medical and dental the company cost sharing contribution far exceeds the industry average. In addition, and unlike most of our peers, KMS has a company funded retirement plan with the 401(k) as its platform. That retirement plan invests real cash into each and every qualified employees retirement every year, regardless of whether they chose to defer money into the 401(k) or not.
We also strive to ensure all employees are competitively compensated. Compensation is determined based on an individuals qualifications to include education, experience, security clearance level, and other factors. KMS uses qualified outside sources to advise the company regarding competitive compensation and we follow that guidance religiously. Thank you.