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FTI provides eligible employees with a comprehensive benefits package, including a 401(k) plan, medical and dental coverage, life insurance, disability benefits, flexible spending accounts, paid time off and other benefits.
EligibilityEligibility is determined by the provisions of each plan; however, regular full-time and part-time employees who work more than half time on a regular basis may be eligible for some or all coverage.
Summary of BenefitsThe following is a summary of benefits; details are available in the Human Resources Department.
Medical Coverage - FTI pays 100% of employee premiums and 50% of dependent premiums. Dependent premiums are deducted from employee pay on a pre-tax basis. Employees may elect either an HMO or POS option, depending on program availability by state.
Dental Coverage - FTI pays 100% of employee premiums and 50% of dependent premiums. Dependent premiums are deducted from employee pay on a pre-tax basis. FTI provides a PPO plan with higher benefits paid for utilizing in-network providers.
Short-Term and Long Term Disability Insurance - FTI provides both Short-Term and Long Term Disability insurance at no cost to employees.
Life and Accidental Death & Dismemberment Insurance - FTI provides $50,000 of Life/AD&D coverage for employees earning up to $50,000, $100,000 for employees earning $50,001-$100,000, and $150,000 for employees earning over $100,000.
Paid Time Off (PTO) - PTO can be used for holidays, vacation and sick days. PTO accrual begins upon hire and increases with service. Full-time employees accrue 22 PTO days per year for the first five years of service, and up to 32 days with 10+ years of service.
Long Term Sick Leave - After 3 consecutive workdays of illness, employees are eligible to begin using Long Term Sick Leave. This leave is accrued at the rate of 3 days per year.
Flexible Spending Accounts (FSAs) - FTI offers FSAs for medical and dependent care. Participation provides employees with a tax effective way to pay for these expenses.
401(k) Plan and Company Matching Contribution – Full-time and part-time employees may elect to defer up to 100% of base salary on a pre-tax basis, up to the IRS-required annual limit. FTI matches 50% of the first 5% of salary deferred. Employees are offered a variety of investment options through MassMutual Retirement Services. Vesting in the 401(k) Plan occurs incrementally, with 100% vesting after 4 years of continuous employment with FTI.
Stock Purchase Plan - Employees may purchase shares of FTI stock at the prevailing price. Purchases are made in lump sums or through payroll deduction.
Educational Assistance - Employees are eligible for up to $5,000 per year of educational assistance for job-related courses and training.
Computer Loan Program – Interest-free loans of up to $2,500 are available for personal computer purchases. Loans are repaid through payroll deduction.
FTI Services is an Equal Opportunity Employer | 
