Insurance and Investment Benefits
- Two Highmark Blue Shield PPO medical insurance plans and an HSA plan are offered. Employee premium is 100% employer paid (includes prescription card and mail-order service).
- Principal Financial PPO dental insurance. Premium partially paid by BIA.
- Principal Financial vision insurance.
- Employer-paid life insurance: typically valued at an amount equal to the employee's base salary. (Maximum limits apply)
- Accidental death and dismemberment insurance: valued at an amount up to the employee's base salary. (Maximum limits apply)
- Employer-paid short-term and long-term disability insurance: up to two-thirds of employee's base salary. (Limits may apply)
- Supplemental insurances offered through AFLAC.
- Participation in 401(k) plan.
- Participation in Employee Stock Ownership Plan.
- Flexible spending account programs.
Holidays, Vacation Days, and Other Employee Benefits
- Paid vacation days.
- Paid holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day, and two flexible holidays.
- Paid personal/sick days.
- Flexible working schedules, as projects allow.
- Annual holiday dinner.
- Annual summer picnic.
- Tuition reimbursement (up to 100% reimbursement).
- Access to internal and external training programs.
- Professional registration/certification exam fees paid by BIA.
- Dues to one professional/technical society per year paid by BIA.
- Semi-annual company-wide staff meetings.
The BIA Employee Stock Ownership Plan (ESOP)
We believe that employee ownership is a catalyst in providing an extra measure of client-centered service.
BIA instituted an Employee Stock Ownership Plan (ESOP) in 1998. In looking ahead to his retirement, Barry Isett, the company founder, examined many options for the ownership transition of his closely held company. He and his wife, Shirley, along with many long-term staff members, had invested much of their lives and talents to developing a fine firm with an excellent reputation. Barry's desire was to move into retirement while the organization he founded continued to have a profitable life of its own. In researching ESOPs, he found a vehicle that realized his long-term goals.
In an ESOP, company ownership is transferred to employees over a period of years, giving every eligible staff member a vested interest in the financial success of the business. An executive staff manages the day-to-day operations of the company. A board of directors establishes policies and reviews performance. Vested staff members realize the financial benefits of ESOP ownership upon retirement or departure from the firm, when their shares are repurchased and redistributed. Staff members are key players in BIA's business and financial success.