Compensation & Benefits
Stream-Flo strives to provide our employees with a comprehensive and competitive compensation program. The information below is in summary format and may be subject to change. Eligibility and coverage may vary dependent upon work location.
Group Health Benefits Plan: we provide employees with a comprehensive benefit plan to help offset the costs of health, dental and vision care, as well as other forms of healthcare. The plan also covers short and long-term disability, life insurance, accidental death and dismemberment insurance, optional life insurance and optional critical illness insurance.
Profit Sharing Incentive Plan: designed to distribute a portion of company profit to our employees, Profit Sharing Plan payments vary subject to company profitability.
Company Sponsored Group Retirement Savings Plan: a voluntary plan, with matching company contributions up to a maximum amount.
Vacation Entitlement: employees start accruing vacation entitlement upon commencing employment and may utilize vacation time as they accrue it.
Service Award Program: we recognize the loyalty and contributions of employees who reach five year service milestones. Cash awards are presented with each 5 year milestone, and gift awards are presented at 5, 10, 20 and 30 years of service.
Employee Reward Program: we place high value on recognizing and rewarding employees for a job well done. To recognize and reinforce “role model” actions and behaviors, employees can be recommended for our reward program.
Group Home and Auto Insurance: in certain locations, we have partnered with insurance providers to offer employees the opportunity to obtain preferred home and auto insurance rates.
Professional Development: we support employee learning and development as an opportunity to acquire new skills and facilitate career progression. In addition to company provided training, employees may decide to pursue training on their own initiative. Each employee request for educational assistance is considered on a case by case basis.
Employee and Family Assistance Program: in certain locations, we offer employees and family members with confidential third-party assistance when dealing with a variety of work, personal or family issues such as stress/anxiety at home or on the job, family problems, marriage/relationship issues, alcohol, drug or gambling abuse, loss of a loved one, psychological problems, etc.
Scholarship Program: available to children of permanent employees who pursue an accredited post-secondary education. One Duncan McNeill Scholarship in the amount of $2,000/year is awarded annually, and is subject to renewal in subsequent academic years. Multiple President’s Award Scholarships in the amount of $1,000/year are awarded annually, and are subject to renewal in subsequent academic years.
Health and Safety: to support safety excellence we provide financial assistance towards the purchase of necessary health and safety clothing and protective equipment such as safety shoes, prescription safety glasses and customized hearing protection.
Professional Memberships: if an employee is required to be a member of a professional association or society in order to meet the requirements of his/her job, the company will consider paying for the membership fees required to maintain the employee’s status with the organization.