Culture and Benefits

The main ingredient for Nerac is our employees. We work hard to retain our employees and contribute to the overall growth of the company. Values that we apply include:

Flexibility
The world we live in is continually changing. To stay relevant in a continually shifting landscape requires Nerac to be agile and capitalize on industry demands. Our flexibility is reflected in our ability to evolve within the information and research industry as well as workplace standards. Nerac was an early adopter of telecommuting, flex-schedules, job sharing and compressed work weeks (depending on job function). We have a strong commitment to providing a work environment that respects individual needs while delivering optimal customer service.

Cross-functional Collaboration
At Nerac it’s an every day occurrence for a food scientist to interact with a mechanical engineer or a business/marketing analyst to develop strategy with a biochemist. Each team member provides a “piece” to the puzzle; thereby bringing their individual experience to developing a holistic solution. This cross-functionality is further exemplified by the diversity of cultures and backgrounds within the organization. With former entrepreneurs, consultants, research scientists, engineers, and marketers, we consistently look to improve the heart of Nerac: Its people.

Benefits

Medical and Dental
Comprehensive medical, and dental benefits are available to employees and eligible dependents.

401(k)
The company matches pretax contributions of $.50 for each dollar and up to 5% of eligible pay. There are a wide variety of investment options in several funds. The Nerac 401(k) plan includes access to an online investment advisor through ING at no additional cost.

Employee Stock Ownership Plan - See Shareholders for more information

Life Insurance
Nerac provides company-paid life insurance and AD & D.

Disability Insurance
Nerac provides Long term disability for all eligible employees. Optional Short term disability is also available for eligible employees.

Paid Time Off
Personal, sick and vacation days are earned annually. Additionally, Nerac observes many mandatory and discretionary holidays.

Additional Benefits
We continue to add benefits as the needs of our employees change. Some benefits that employee-owners take advantage of at Nerac today include:

• Child-friendly work environment
• State-of-the-art fitness center
• One-on-One Sessions w/fitness trainer & Massage Therapist
• Discount auto/homeowners insurance plans
• Company-sponsored social events and athletic events
• Discount tickets for local theme park, movies and sports events
• Bagel days
• Business casual attire
• Referral bonus

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