Employee Benefits

Paltech offers employees a comprehensive benefits package. Most benefits are fully paid for by Paltech. Some benefit programs require contributions from the employee. Eligibility for benefits varies depending on the terms, conditions and limitations of each benefit program.

Paid Time Off Plan (PTO)
Paltech provides employees with a single PTO account with two tiers of increasing leave accruals based upon years of service. This arrangement gives employees flexibility in scheduling time away from the office. The leave is accrued by regular full-time employees from their date of hire pursuant to two tiers of increasing leave accrual based upon length of service. Regular full-time employees accrue 13 days of paid time off per year for the first 3 years of employment. The accrual will increase to the maximum of 18 days after 4 years of employment with the company.


Employees are eligible for 10 of the following paid holidays per year:

  • New Years Day
  • Martin Luther King Day
  • Presidents Day
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day (Contract Holiday)
  • Thanksgiving Day
  • Friday after Thanksgiving (Corporate Holiday)
  • Christmas Day


Paltech offers comprehensive medical, dental and vision coverage for regular full-time employees. Employees are eligible for the health insurance from date of hire. The employee contribution is deducted on a pre-tax basis. Life insurance, accidental death and dismemberment, short-term and long-term disability coverage are available at no charge to regular full-time employees. Employees are eligible for these benefits after 30 days of employment.

Paltech offers a 401(k) savings plan for its employees. Eligible employees are automatically enrolled in this benefit program on the first day of the month following their date of hire.

Regular Part-time Employees
Part-time employees that work at least 17.5 hours per week accrue PTO leave and holiday pay on a prorated basis of the regular full-time employee schedule based upon the number of hours worked in each pay period. Part-time employees who work 30 hours a week are also eligible for health insurance

Educational Assistance Program
Regular full-time employees are eligible for tuition reimbursement up to 50% of tuition and books for job-related courses with a maximum annual benefit of $4,000. Employees are eligible after one year of service.

Commuter Benefits
The company participates in a pre-tax commuter benefit plan for employees.