Each plan provides payment to a designated beneficiary of two times your annual salary. Supplemental Life Insurance Coherent offers you the opportunity to purchase additional life insurance through our Supplemental Life Insurance program. The Employee Assistance Program offers employees and their dependents private counseling and referrals to resources and agencies through the local EAP network. The EAP provides fully qualified, professional counselors throughout the U.S. to assist employees and dependents in solving personal difficulties. There is no charge for the first 5 visits.
Participation is completely confidential.
Additionally, Coherent's EAP may assist securing dependent care, legal and financial consultations and referrals. With prior management approval, Coherent will assist employees who want to further their education and enhance their skills. Vacation Employees earn 10 days of vacation during the first two years of service and one additional day every year thereafter up to 11 years of service. Employees who have 25 or more years of continuous service will earn 24 days of vacation per year. Service Awards Coherent employees receive special recognition for each five years of continuous service.