Company Benefits

At Spectrum Brands, we want to attract the best employees and allow them to thrive and grow in our company. We offer our staff and union employees an exceptional benefits package that provides security, value and protection.

Staff Benefits

Spectrum Brands offers health and financial benefits, as well as paid time off. The company also provides other benefits, such as tuition reimbursement.

This document was written for easy readability. It summarizes benefits, so for full details you will need to see the Summary Plan Descriptions or Plan Documents. In all cases, the official plan documents govern and are the final authority. Spectrum Brands reserves the right to terminate or amend any and all benefit plans.

Health Plans

Medical - Spectrum offers an Open Access program that allows you the freedom to choose between HMO, PPO and out of network levels of benefits. You do not need to select a primary care physician and can move between the different levels of coverage as you see fit.

Dental - We offer a comprehensive dental plan, with additional discounts available by using the Premier dental network. Our dental program helps the employee pay for necessary dental care, including oral examinations, cleaning, x-rays, many basic and major services and orthodontia.

Vision - Spectrum's plan helps pay for eye exams, eyeglasses and contact lenses.

Life Insurance - Spectrum Brands provides basic life insurance to each employee free of charge. Additional term life for you and your family may be purchased at low group rates.

Additional Insurance Plans: Accidental Death & Dismemberment Insurance is available.

Disability: Short-Term Disability and Long Term Disability are both provided by the Company. You can purchase additional Long Term Disability coverage through Spectrum if you choose.

Flexible Spending Accounts: Our plan lets you pay a portion of your premiums for company-sponsored benefits without paying tax on the premium amount. We also offer you the option to set aside money on a pre-tax basis for unreimbursed (e.g. deductibles, coinsurance and copayments) medical expenses or dependent care costs. Since you do not pay taxes on these contributions, your taxable income is reduced.

Financial Plans

401(k) - Spectrum offers the opportunity to save for retirement by allowing pre-tax deductions into our 401(k) plan, receive a company matching contribution and grow your

savings by selecting from a wide variety of investment choices.

529 Plans - You can also save for educational expenses by investing in MOST - The Missouri Savings for Tuition program provided through convenient payroll decutions.

Paid Time Off

Spectrum offers a competitive Vacation Plan as well as traditional and floating holidays.

Tuition Reimbursement

Spectrum Brands recognizes that the skills and knowledge of its employees are critical to the success of the organization. The education assistance program encourages personal development through formal education so that employees can maintain and improve job related skills or enhance their ability to compete for reasonably attainable jobs within Spectrum Brands.

Union Benefits

Spectrum Brands offers health and financial benefits, as well as paid time off.