Welcome to our online press room. Here, you'll find breaking news on KCG as well as what the media has to say about our success.
401(k) Deferred Compensation Plan KCG is a participant of Legg Mason's 401(k) plan. This gives employees the opportunity to contribute a percentage of their salary, or a specified amount, tax-free, to personal retirement accounts. KCG matches 50% of the amount that contributes up to 4% of the employee's compensation. Essentially, if you contribute 4% or more of your compensation to the plan, KCG will contribute 2% of your salary to your 401k account. Technical Training KCG is committed to keeping pace with today's rapidly changing information technology landscape. Because of our commitment and responsiveness to change, KCG will pay for Technical Training, as well as for the certification of all passed exams, to help you further develop both your technical and business related skills that you acquired in any previous education. Any training provided will be related to your current project or career path. Tuition Reimbursement KCG encourages personal and professional development. To assist employees with achieving their goals, KCG offers tuition reimbursement benefits. Each full-time employee who is taking classes related to KCG�s business focus at an accredited University or College is eligible to receive up to $2,500 per year towards education costs. The amount of reimbursement will be determined by grade:
Holidays / Vacation / Leave Paid Maternity and Paternity Leave Maternity leave will consist of six (6) weeks of paid leave. KCG also offers up to 5 days of paid paternity leave. Paid Holidays As a U.S. Government Contractor, KCG recognizes that our employees are an integral part of supporting the mission of our clients. Therefore, KCG employees are required to follow their client's work and holiday schedule. Typically, most clients follow the Federal Government Holiday Schedule. Paid Time Off KCG Employees are provided with 18 days of paid time off per year, for vacation, personal business, and sick time. The amount of PTO increases after 2 years of service. Health Care Insurance Medical Insurance Full-time employees may choose health insurance coverage through United Healthcare. KCG is a group member of United's Choice Plus Plan JJA and Choice Plus Plan JJJ Coverage Plans.Both plans are PPO, giving employees the option to see any provider with the flexibility to use an out-of-network health care provider. Choice Plus plan gives you the freedom to see any Physician or other health care professional from our Network, including specialists, without a referral. With this plan, you will receive the highest level of benefits when you seek care from a network physician, facility or other health care professional. In addition, you do not have to worry about any claim forms or bills. You also may choose to seek care outside the Network, without a referral. Newly enrolled KCG employees begin coverage on the first day of the first month following hire.
***KCG pays up to 80% of all premiums Dental Insurance Dental coverage for full-time employees is provided by Delta Dental. The Delta PPO Option 1 Plan covers orthodontia, in addition to preventive, basic, and major procedures.
***KCG pays up to 80% of all premiums Life Insurance KCG offers three insurance policies through Jefferson Pilot.
Supplemental Benefits KCG offers each full-time employee the ability to purchase additional Life Insurance as well as Accidental, Personal Sickness, Cancer Insurance, Long-Term Care and Hospital Indemnity Plans. These benefits are available through AFLAC and New York Life Insurance Companies. Depending on the benefits chosen, payments can be made through pre or post-tax payroll deduction. Section 529 Plan Our employees can enroll in a tax-advantaged account in which your earnings grow free from income tax and you are not taxed once the money is used for Qualified Higher Education Expenses. Flexible Spending Account This benefit allows an employee to put aside pre-tax dollars for medical and dependent care spending, which allows employees to contribute money for expenses not covered in the health care plans and the care of dependants Metro SmartBenefits Program Employees who use public transportation to commute to work can enroll in the Metro SmartBenefits Program. This program allows employees to make pre-tax contributions to purchase metro transit and metro parking fees, through a payroll deduction. Utilization and Employee Referral Bonuses KCG rewards employees for working extra hours above their Utilization Base Hours (UBH). We also offer a substantial employee referral bonus of $5,000 for all employee referrals that are hired at KCG. We also hold raffles quarterly throughout the year for all referrals that are submitted. The award for the raffle is a $500 gift card to selected retail stores. Employee Activities and Services We understand that executives, managers, and employees need time to unwind and an opportunity to relate to each other in a casual environment. KCG provides the following activities/events for our employees so that they feel recognized and appreciated for their day-to-day efforts:
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