Terrace offers our staff great benefits. We offer a challenging work environment where learning new technologies and pushing your comfort zone is the expected norm. We offer competitive salaries/bonus as well as competitive employee benefits.
Compensation
- Competitive Salary- Our offers for employment, promotions, and salary reviews reflect the marketplace for the talent you contribute to Terrace.
- Profit Sharing - Staff is eligible for profit sharing after one complete quarter of service to Terrace. Profit sharing is calculated quarterly and paid approx 90 days after the end of the quarter to all actively employed staff. The calculation of profit sharing is based on 1) staff utilization/contribution, 2) work quality and 3) customer satisfaction.
- Tax deferred retirement savings 401(k) plan, allows employees to set aside money (tax free) for retirement.
- Incentive Stock Option Plan for full time employees granted on each employee’s one year employment anniversary.
Health Benefits
- Comprehensive Health Insurance-with in-network and out-of-network options. Terrace offers a combination of high deductible health insurance matched with an individual Health Savings Account (HSA) funded by Terrace for each employee. Each employee may increase the value of their HSA by making additional (pre-tax) contributions to the account. The health policy benefits cover medical and prescription drugs. Sec 125 benefits allow dependent premiums paid by staff members to be paid pre-tax through payroll deductions.
- Life & ADD Insurance Benefits-are provided for employees and paid 100% by Terrace.
- Disability Insurance for long term disabilities is provided for employees and paid 100% by Terrace.
- Domestic Partner Benefits-Sec 125 benefits allow any dependent, spouse, or domestic partner premiums paid through pre-tax payroll deductions.
Personal & Professional Growth
- Paid Time Off (PTO) is granted to each staff member for vacation, sick time, and any personal time off required annually. Our PTO policy is generous and reflects our belief that every Terrace professional should be empowered to manage all time off for any personal reason.
- Tuition Reimbursement is offered for selected job-related course work.
- Gym Allowance is offered to Terrace staff that regularly exercises and use a local health club.
- Off site Team Building Events provide all employees with tools for building teamwork, strengthening relationships and improving communication. White water rafting, skiing, biking, hiking, paint ball, and cooking are a few examples of our team building events!
- Family Gatherings allow employees to have fun, meet each other's spouses/partners/significant others and children. Flag football, piñatas, water games, snow skiing, snow playing, dinner and dancing are a few examples of Terrace's recent family fun.
