Careers | Southern Tier Insulations

Employee Stock Ownership Plan (ESOP)

An Employee Stock Ownership Plan is a type of government qualified retirement plan designed to make the qualified employees of a company owners of stock in that company. The stock is put into each employees account at no cost to them. At an employee's time of retirement or separation from the company, the stock is converted to cash and paid out according to the plan guidelines. An ESOP is highly regulated and must conform to the requirements of the Internal Revenue Code and ERISA.

ESOP's are a way that employers and employees alike can share in the benefits of ownership. Employers set up ESOP's for a variety of reasons. These reasons include but are not limited to: the need to plan for the continuation of the business, to provide a way to save for retirement and to promote longevity by rewarding employees for their years of dedicated service.

NYS Approved Apprenticeship Program

This is a four year program that teaches the trade of mechanical insulation through a mix of classroom learning and on the job training. This program is NYS approved and run in conjunction with Associated Builders and Contractors (ABC). New apprentices are chosen every year.

Additional Employee Benefits

Health Insurance – Offered through Excellus Blue Cross Blue Shield for the employee and their family

Dental Insurance – Offered through Guardian for the employee and their family

Life and Accidental Death and Dismemberment Insurance – Available at the time of hire and 100% company paid

401(k) Plan – A tax deferred retirement savings plan

Holiday Pay

Vacation Pay

NYS Paid Sick and Safe Leave

Employee Assistance Program – Confidential program that provides professional assistance for employees who are having life management problem at home or on the job

Incentives and Awards – Production Bonuses, safety/attendance awards and years of service bonuses

Enhanced NYS Disability Coverage – Provided to eligible employees who become disabled by a non-work related injury or illness. This is largely paid for by the company.

Long Term Disability Insurance – Provides protection against lost income due to a long term disability

Whole Life Insurance – Offered through New York Life for employee and their family

Colonial Insurance Policies – Cancer care, accident insurance and short term disability

Flexible Spending Account – A pretax saving account used to pay for medical and dental services and supplies

Company Provided Safety Training – OSHA 10, OSHA 30, fall protection, confined spaces, lift training, first aid, CPR and many others as needed

Employee Stock Ownership Plan (ESOP)

NYS Approved Apprenticeship Program

Additional Employee Benefits

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Endwell Office

Hours of Operation

Castleton Office