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Employee Benefits

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Federated provides a comprehensive benefits program designed to help employees achieve their financial, personal, and professional goals. In fact, our benefits package is valued at more than one-third of an employee’s salary. Our benefits offerings include:

  • Paid vacation and holidays
  • Paid sick leave
  • Subsidized, comprehensive medical and dental insurance
  • Flexible spending accounts for healthcare and daycare costs
  • 401(k) retirement plan that includes a company match
  • Company-funded pension plan
  • Life insurance
  • Disability income insurance
  • Comprehensive wellness program for employees and their families
  • Employee assistance program
  • An employees’ club that provides discounts to local businesses and sponsors employee activities
  • Corporate sponsorship for athletic and recreational teams
  • Two corporate fitness facilities in Owatonna, and a health club membership reimbursement program for employees in other locations
  • Tuition reimbursement for initial undergraduate degree
  • Gift matching program providing employees the opportunity to direct corporate charitable dollars to eligible organizations they support