Employees set aside money for these accounts through convenient payroll deductions which are made on a pre-tax basis so that employees reduce their taxable income. The FlexComp Dependent Care Account may be used to pay for dependent day care expenses incurred by the employee and spouse while working or attending school. Examples of items employees may want to pay for out of a FlexComp Health Care Account include eyeglasses, medical co-payments and deductibles. With the many options and coverage levels available, employees can design their survivor protection benefits to meet their specific needs. SAIC offers employees the opportunity to customize their own income protection plans.
Accrual rates vary based upon years of service and benefits package.
Hours can be carried over annually. SAIC employees receive nine or ten paid holidays. To qualify, the employee must have prior approval from his or her supervisor, the course taken must be job-related, and the employee must receive a passing grade of C or better. SAIC also offers interactive training to our employees as an affordable and convenient way to maintain and increase their technical competence. To encourage all employees to become owners, the company offers several stock acquisition methods.