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Benefits

MidAmerican Energy provides competitive compensation packages, progressive technology and training, advancement opportunities and excellent benefits. Benefits may include comprehensive medical, dental and vision insurance, life insurance, short-term and long-term disability, profit sharing, 401(k) with a company match, tuition reimbursement and adoption assistance.

Medical

  • Tax-advantaged health savings account used in combination with a high-deductible consumer-directed health plan that includes prescription coverage
  • 100 percent coverage for preventive services
  • No waiting periods or pre-existing condition limitations

Dental

  • Choice of two dental plans
  • 100 percent coverage for checkups and cleanings
  • Orthodontia for dependent children

Vision

  • Eye exam, lenses or contacts, and frames coverage

Flexible Spending Accounts

  • Limited purpose flexible spending account for up to $5,000 per year on a pretax basis to pay for dental and vision expenses not paid by insurance
  • Dependent care reimbursement account for up to $5,000 per year on a pretax basis to pay for day care expenses

Disability

  • Short-term and long-term disability coverage at no cost to the employee
  • Short-term disability of 75 percent of pay for up to six months
  • Long-term disability coverage of 60 percent of monthly salary. Option to purchase additional coverage at 66.7 percent of monthly salary

Life Insurance

  • Company-provided life insurance of one times the employee's annual base salary
  • Supplemental life insurance in increments of one to four times annual base salary
  • Four levels of spouse life insurance (up to $120,000)
  • Three levels of dependent life insurance (up to $15,000)

Paid Time Off

  • Paid time off hours accrue each pay period based on years of service
  • New employees receive two months of PTO accruals immediately, and additional PTO accrues each pay period after two months of employment
  • Flexibility to build a PTO bank and use for personal situations
  • Eight fixed holidays
  • Two floating holidays

Retirement Savings Plan – 401(k)

  • Automatic, immediate enrollment for fixed contribution of 4 percent of pay, fully paid by the company. Vests three years from date of employment
  • Employee contributions up to 75 percent of pay on a pretax or post-tax basis including Roth contributions
  • Company matches 65 percent of the first 6 percent of pay contributed pretax or Roth
  • A variety of investment funds as well as a self-directed investment option

Profit-Sharing Match

  • MidAmerican Energy's performance determines the annual contribution to the 401(k) plan

Tuition Reimbursement

  • Reimbursement of tuition and standard lab fees for coursework leading toward a business degree or course of study that relates to the business of MidAmerican Energy (up to $5,250 per year)

Adoption Assistance

  • Reimburses parents for eligible expenses up to a maximum of $5,000

Employee Assistance Program

  • Professional and confidential counseling services
  • Legal, financial and family support including Internet services encompassing all of these areas