Therion Biologics - Company Overview

Therion offers you and your family, domestic partners included, the option to be covered under our healthcare plans offered by Blue Cross Blue Shield.

We offer an option to choose either an HMO or PPO plan.

Dental Insurance

We provide comprehensive dental coverage for you and your family or domestic partner through Delta Dental Premier Plan PPO. Coverage is 100% for preventative, 80% for basic and 50% for major services.

Vision Insurance

We provide vision insurance through VSP (Vision Services Plan). This plan allows for an eye exam every 12 months and contact lenses or glass lenses every 12 months and frames every 24 months.

Life Insurance/ AD&D;

Therion offers company-paid Life and Accidental Death and Dismemberment insurance equal to two (2) times your annual base salary up to a maximum of $400,000.

Long-Term Disability Insurance

Therion's disability plan is designed to replace a portion of your income should you become disabled. We offer insurance through Prudential which replaces 60% of your earnings, up to a $12,000 per month maximum. You have the option to choose either Company-paid or employee-paid premiums.

Short-Term Disability

Short-term disability coverage is an income replacement benefit. If you are unable to work due to a non-work related illness/injury, you will receive benefits up to the equivalent of twelve (12) weeks.

Benefit is equal to 100% of your base salary for up to twelve (12) weeks.

Full-time employees accrue vacation as follows:

Part-time employees accrue vacation on a pro-rated basis.

All employees may take up to three (3) paid personal days (pro-rated for new hires and part-time employees) per calendar year.

All employees will be eligible for sick time. A guideline for a reasonable number of sick days is up to seven (7) days per calendar year.

Employees are eligible for eleven (11) company paid holidays (pro-rated if part-time) per calendar year.

Employees are eligible for one week of paid leave for the adoption of a child and to a father for the birth of a child.

Educational Assistance

To support our commitment to the personal and professional growth of our employees, we provide assistance for graduate, undergraduate, adult education, and advanced certification courses related to one's work.

Benefit covers up to $5,000 maximum per calendar year.

Reimbursement is made at 100% for Grade B or better and Pass, and 50% for grade C, with 50% of reimbursement paid at course enrollment and 50% paid at completion.

Therion offers a 401(k) plan through ING. Employees are eligible to enroll immediately upon hire.

Employees may contribute from 1-100% of their pre-tax salary up to the annual federal maximum.

The Therion match is twenty-five (25) cents on the dollar on the first 6% saved, with a one-year vesting plan.

Employee Assistance Program

An employee assistance program (EAP) is provided to all employees through Guidance Resources.

The EAP can provide employees with information on a wide rang of topics/issues, including legal and financial issues, older adult and parenting resources, personal and work-related problems, and all the little things that demand your attention every day.

Parking/MBTA Passes

To assist employees with transportation costs, Therion will pay 100% of the cost of parking at a lot approved by the company, or will pay up to $100 per month towards a T pass for travel on public transportation.

Health Club Benefit

Therion will provide reimbursement for fitness-related expenses in the amount of 50% up to $150 per year.

If an employee is participating in Therion's health insurance program, Blue Cross Blue Shield will reimburse an additional $150 per year toward a qualifying health club membership.

Therion has an agreement with Cambridge Racquet and Fitness and Gold's Gym-Somerville through which there is a reduced enrollment fee and a discounted monthly rate.

Flexible Spending Accounts

The Health and Dependent Care Flexible Spending Accounts (FSA) allow employees to pay for eligible expenses with tax-free dollars.

An employee may place up to $2,500 per year in a pre-tax account for health care reimbursement, and up to $5,000 per year for dependent care reimbursement.

Discount Programs

Therion offers its employees discount movie tickets and BJ's memberships, as well as, participates in discount programs including Working Advantage, Mass Buying Power and Cambridgeside Galleria's "Office Breaks" program.

Employee Referral Program

All employees who refer a full-time employee will receive $1,500 after the referred employee completes 90 days of employment.