SRAM, LLC
SRAM, LLC Benefits Overview
We know that SRAM’s success is due to the hard work, passion, and commitment of our team members around the world. We offer a variety of supportive benefits to attract, develop, and engage team members while achieving SRAM’s vision for the future. • A respectful workplace where we strive for a diverse and inclusive environment and where all team members are encouraged to bring their authentic selves to work. • A community that is inspiring and passionate. • Benefit programs that encourage well-being and support in all aspects of team members’ lives. • Bonus opportunities that reward wins we make as a team. • Programs that encourage team members to prioritize their overall wellness and enjoy anactive and healthy lifestyle.
Compensation + Benefits
Offers 401(K)
SRAM'sn401(k) retirement plan offers a broad selection of stocks, bonds and international index funds to choose from.
Offers disability insurance
SRAM's disability insurance benefit is 60% of an employee's monthly salary up to a $15,000 maximum monthly benefit.
Offers charitable contribution matching
SRAM matches contributions to World Bicycle Relief dollar for dollar.
Provides 401(K) matching
SRAM will match 100% of your individual contributions to your 401(k) on the first 3% and match 50% on the next 2% contributed for a total of 4%.
Offers life insurance
SRAM provides no-cost basic life and AD&D coverage to all team members equivalent to 1x annual salary. Team members may purchase additional coverage if desired.
Provides hardship benefits
Offers childcare benefits
SRAM offers a Dependent Care FSA for team members to pay for childcare expenses on a pre-tax basis up to a $5,000 annual maximum. SRAM offers Milk Stork, a breast-milk delivery service at no cost.
Provides family medical leave
SRAM offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Provides a post-parental leave return-to-work program
Provides an onsite Mother's Room
Hosts company-sponsored family events
Family members are encouraged to join us at the annual summer picnic and holiday party!
Offers generous parental leave
SRAM provides 8 weeks of Birth Parent Medical Leave after childbirth, as well as 4 weeks paid Parental Leave upon birth or adoption.
Provides fertility benefits
SRAM medical and pharmacy plans provide coverage for infertility treatment.
Offers company equity
Provides relocation assistance
On a case basis, SRAM offers relocation assistance, including home finding, temporary housing, moving costs and travel expenses reimbursement.
Offers performance bonuses
SRAM offers performance bonus opportunities that reward wins we make as a team.
Provides pay transparency
Offers dental insurance
SRAM offers two dental plans to meet team members' needs, both include 100% coverage for preventive care, including x-rays, and orthodontia coverage is available.
Offers health insurance
SRAM's offers a variety of medical plans with Aetna to support team members medical needs. Team members may choose betweeen PPO or HSA eligible plans, and receive either $500 or $1,000 of HSA funding.
Offers vision insurance
SRAM's vision insurance provides coverage for preventive eye exams, glasses, and contact lenses with copayment. Frames and contact lenses are covered up to $130.
Offers transgender health care benefits
Offers Flexible Spending Account (FSA)
SRAM's Health FSA and Dependent Care FSA cover out-of-pocket expenses related to medical care and childcare with pre-tax contribution up to $3,400 and $7,500 respectively.
Offers pet insurance
Offers mental health benefits
SRAM's medical plans include coverage for mental health visits. All team members receive 6 free therapy sessions through our EAP providers and acces to virtual care with a variety of digital offerings
Company Culture
Provides commuter benefits
SRAM offers pre-tax commuter benefits for Chicago-area-based employees, as well as a bike loaner program. Team members are encouraged to take advantage of employee purchase deals on bicycles.
Office is pet friendly
Not only can SRAM employees bring their dogs to the office every day of the week, we also offer pet insurance for your furry friend.
Some meals provided
Provides onsite office parking
SRAM offers world-class bicycle and commuter facilities, onsite shower and laundry rooms, and onsite bicycle maintenance to make commuting by bike as easy as possible.
Provides free snacks and drinks
Has a dedicated diversity and inclusion staff
Has a highly diverse management team
SRAM's Senior Leadership team is as diverse as our staff, and our Director of DEI is focused on continuous improvement of our DEI initiatives.
Mandated unconscious bias training
Hiring practices promote diversity
Internally, we’re building a more representative SRAM by rethinking our talent pipeline, starting with our internship program, and working up through our corporate structure.
Has a diversity manifesto
Mean gender pay gap is below 10%
Offers diversity-based Employee Resource Groups
Has a diversity recruitment program
Outreach to groups like Society of Women Engineers (SWE) and Society of Hispanic Professional Engineers (SHPE) is bringing more perspectives and diversity to our talent pool.
Utilizes a flexible work schedule
SRAM works to support its employees and while we do not define a flex time schedule, our Team Members are encouraged to work with their managers to address the needs of the personal life.
Utilizes a hybrid work model
Offers a remote work program
SRAM values flexibility and encourages employees to work from home one time per week or as needed.
Utilizes an open door policy that encourages accessibility
Implements team-based strategic planning
Hosts in-person all-hands meetings
Each Monday, all SRAM offices kick off the week with a company all hands meeting.
Open office floor plan to encourage communication and collaboration
Uses an OKR operational model to clearly define goals and priorities
Established employee awards to honor work and contributions
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Offers company-sponsored happy hours
Partners with nonprofits
SRAM has a long legacy of cycling advocacy, beginning with co-founder F.K.Day helping to establish World Bicycle Relief in 2004.
Offers team workouts
Team members enjoy weekly lunch rides, in-house yoga, and weekly run club.
Offers Employee Resource Groups
Provides onsite meditation space
Provides opportunities to volunteer in the local community
SRAM believes that the best way to expand the power of cycling is through giving back. SRAM offers current full-time US employees the opportunity to participate in up to 8 hours of service annually.
Provides access to an onsite gym
Provides recreational clubs
Offers wellness programs
SRAM's Award-Winning Wellness Program encourages team members to prioritize holistic wellness and preventive care. Team members can earn up to $500 in wellness reimbursement.
Has employee-led culture committees
Offers generous PTO
SRAM's vacation policy includes three weeks paid time off for all employees and up to five weeks off for tenured employees. SRAM is also closed annually between Christmas Eve and New Year's Day.
Provides paid holidays
Provides wellness days
Provides bereavement leave
Offers paid volunteer time
SRAM encourages employees to give back with up to 8 hours of volunteer time off per year and opportunities to get involved with their local communities.
Provides paid sick days
Offers a flexible time off policy
Utilizes company-wide vacation
SRAM is closed annually between Christmas Eve and New Year's Day for team members to enjoy some well-deserved rest and relaxation.
Career Growth + Development
Provides continuing education stipend
Offers mentorship program
SRAM encourages temployees to develop mentor relationships through the SRAM Networking Rings, that allow participants to benefit from the experience and expertise of both mentors and mentees.
Provides paid industry certifications
Provides tuition reimbursement
Provides virtual coaching services
Job training & conferences
Provides online course subscriptions
Hosts Lunch and Learns
Provides personal development training
Offers apprenticeship programs
Provides customized development tracks
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