Colonna’s Shipyard, Steel America and Colonna Down River are pleased to offer employees a comprehensive benefits package. The following information provides a brief summary of the benefits currently offered.
Employees may enroll themselves and eligible dependents in group medical, dental and vision insurance plans. These plans provide comprehensive coverage, including wellness and preventive coverage.
Life and Accidental Death and Dismemberment (“AD&D”) Insurance
CSI provides employees company-paid basic insurance that is payable to a designated beneficiary upon the employee’s death, or to the employee in the event of dismemberment. Employees are also given the opportunity to purchase additional insurance at group rates.
Short-Term and Long-Term disability programs are offered to employees to provide compensation in the event the employee is unable to work due to an injury or illness.
Employees may elect to participate in a pre-paid legal services program which provides 100% coverage for certain legal services and a 25% discount on non-covered services.
401k Retirement Plan
Eligible employees are offered the opportunity to participate in the Colonna’s Shipyard, Inc. Retirement Plan, which offers a diversified way to save for retirement. Employees may contribute pre-tax deferrals up to the annual IRS contribution limit; CSI offers a discretionary match on deferrals.
Paid Time Off
CSI provides employees flexible paid leave to handle personal needs such as time off for vacation, illness, doctor appointments, observed holidays, etc.
Eligible employees may request reimbursement for approved courses that improve technical and professional skills.
Employee Assistance Program (“EAP”)
Employees and their household members are offered an Employee Assistance Program which provides access to counseling at no cost to the employee.
Colonna's Shipyard values the environment and engages in eco friendly business practices.