Benefits

A competitive benefits and compensation package will greatly enhance your career with Q-Peak. And it's our professional pledge to seek only the most talented individuals, regardless of background. The following is a brief outline of the benefit package associated with Q-Peak’s parent company, Physical Sciences Inc., which is provided to all full-time regular employees from day one.

Healthcare

Medical - PSI offers a BCBS medical program; BCBS Preferred Blue PPO, of which the company pays a substantial portion of the premiums. For general information on regarding BCBS please visit www.bluecrossma.com.

Dental

Dental coverage is provided through The Guardian. PSI pays 100% of the premium for both individual and family coverage. Preventative services are covered 100%, basic services are covered 80%, and major services are covered 50%. There is an annual deductible (not to exceed $150 per family) with a yearly maximum of $1500 per member.

Flexible Spending Accounts (FSA)

Employees can set aside up to $2,500 per year on a pre-tax basis in order to be reimbursed for Healthcare expenses that are allowable under the IRS guidelines. In addition to the healthcare FSA, employees can also set aside up to $5000 for Dependent Care FSA reimbursement.

Income Protection

Disability and Life Insurance Options - The following Disability and Life Insurance benefits are offered to full time regular employees. • Long Term Bank (LTB) sick hours • Short Term Disability Insurance • Long term Disability Insurance • Life and Accidental Death and Dismemberment Insurance • Supplemental Life Insurance

Ownership

PSI is owned entirely by an Employee Stock Ownership Trust operated as a retirement benefit for its employees. As an employee you will receive shares in the trust, subject to vesting, as part of PSI’s retirement contribution to its employees. No contribution by the employee is required.

The value of PSI’s stock is determined annually by an independent firm using widely accepted performance metrics to assess the financial status of PSI relative to the performance of similar publically traded companies. In this manner an employee may directly benefit from the successful performance of the company. You may realize the value of the stock at retirement or via transfer to another qualified retirement plan if you leave the company prior to retirement, subject to a divestiture schedule