Greeley and Hansen
Company Facts
- Location: Chicago, Ill.
- Type of business: Civil and environmental engineering firm
- Number of employees: 300
- Founded: 1914
- Web site: www.greeley-hansen.com
Benefit highlights
- 80 percent employer-paid medical insurance premiums for employees
- 70 percent employer-paid medical insurance premiums for dependents
- 401(k) plan with a 25 percent employer match of up to 6 percent of pay deferred; average employee deferral of 7.1 percent
- Profit sharing plan
- Defined benefit pension plan
- 100 percent employer-paid premiums for short- and long-term disability insurance
“If we take care of our people, our people will take care of our clients, and our clients will take care of us. And the best way to take care of our people is to provide a comprehensive benefits program that shows staff that we do genuinely care.”
–Andy Richardson, CEO, Greeley and Hansen
Percent of employees participating in 401(k) plan: 98 percent
How they’ve continued to protect the financial security of employees in this economy:
“I believe the biggest thing we’ve done is hold the line in terms of employee contributions to the medical plan. We’ve experienced increases, particularly in health insurance. But we’ve absorbed the majority of those costs so the amount employees are contributing has not significantly changed in several years,” says John C. Robak, COO of Greeley and Hansen.
Other interesting facts:
- Offers automatic enrollment and automatic deferral increases
- Wellness program includes chronic disease management
- Green, socially-minded and collaborative workspace
- Offers benefits and education to meet needs of younger employee demographic: mortgage program, concierge service, savings bond program, tuition assistance
Charity selected by Greeley and Hansen to receive $2500 from The Principal Financial Group Foundation: Water for People www.waterforpeople.org
Benefits specialists who advise on Greeley and Hansen’s benefits:
- Health and Insurance: Scott Welch, senior vice president, Employee Benefits Practice, USI
- Retirement: Ellen Ogan Martel, Ellwood Associates
Why Judges Selected Greeley and Hansen
Watch a video of comments from Pam Peterson, SPHR®, 10 Best judge and director of Human Resources at Davidson Technologies, Inc., winner of The Principal 10 Best 2010 Companies—2010
Video Transcript: “Greeley and Hansen stood out because they have three different health insurance options. That allows employees to pick and choose what works best for their families. They also pay the majority of the premiums for those plans and they have low deductibles and co-pays. In addition to that, they have a strong 401(k) as well as a profit sharing plan. So they just overall have a strong benefits package.” – Pam Peterson, SPHR®, 10 Best judge and director of Human Resources at Davidson Technologies, Inc., winner of The Principal 10 Best 2010 Companies—2010.
