PICOSECOND PULSE LABS
Picosecond Pulse Labs relates to the needs of families because they are one.
• Company pays 100 percent of health insurance.
• Stock options are provided for each employee.
• The 401(k) plan offers 50 percent match for up to 6 percent of salary.
• Flexible workweek schedule.
• Company allocates $200 per year for gym membership.
“We are a family-owned business and spend a lot of effort on knowing our employee base and making them feel valued,” says Dawn Scriber, human resources director for the company, which designs and manufactures components, modules and instruments for high-speed analog electronic signals. “In order to compete with large companies, we have to be able to offer the same type of benefits. We also try to be new and innovative.”
The health care package is one of the most appealing options available to employees. “We pay 100-percent medical coverage for employees and all dependents,” says Scriber.
Employees have an additional vested interest in the company, as they are also owners. “We offer stock options to every single employee,” she says.
The 401(k) plan is traditional; a 50 percent match is provided for up to 6 percent of the salary. “We also do a 3 percent safe harbor. It doesn’t matter whether the employee is contributing money to their account or not, it is automatically given by the company,” says Scriber.
Another arena in which Picosecond Pulse Labs shows innovation is in its workweek schedule. “We just went to a 9/80 schedule, where employees can work 80 hours in 9 days, so you get every other Friday off,” explains Scriber. “That’s been very popular.”
The company also pays $200 per year to each employee for a gym membership.
“I have never worked with a group of people where there is such talent and camaraderie,” says Scriber. “Winning this award as one of