Our Total Rewards commitment

We offer an outstanding Total Rewards package to appreciate and acknowledge our employees.

Employee well-being matters

Great River Energy once again received recognition for its employee well-being efforts, placing second for the 2024 Healthiest Employers of Minnesota in the mid-size category. At a national level, Great River Energy has earned a place on the “Healthiest 100” list six times since 2014 and was inducted into the Healthiest Employers “Hall of Fame” in 2022. 

Time away from work

We encourage work life effectiveness. Our paid time off plan is based on years of service. A new hire starts off with 40 hours and accrues 184 hours annually. The highest level accrues 248 hours annually starting on the tenth year of employment. Employees also receive four personal days each year.** Additionally, employees may also purchase up to 80 hours of additional time off each calendar year. We offer nine paid holidays, paid parental time, paid volunteer time and paid bereavement.

Business improvement incentive

Employee innovation is highly valued and a key component of our culture of business improvement. If our yearly goals are met, all employees share equally in an incentive payout of up to 20% of identified business improvement savings (capped at $2,500 per employee). Additionally, employees who contributed to the business improvement efforts are entered into a quarterly prize drawing.

Continuous learning

We encourage continuing education, career development and specialized training that increase professional effectiveness and knowledge. Employees are eligible for up to $10,500 in tuition assistance per year. We offer internal programs to help employees take charge of their professional and career development.  

Commitment to communities

Our commitment to the communities in which we live and work is ingrained in everything we do. Employees who assist people in our communities during non-business emergencies are recognized with a good neighbor award. We match up to $40,000 of employee contributions during our annual community giving campaign. We provide eligible employees up to 16 paid hours a year so they may participate in outside volunteer activities. We encourage the use of clean, electric vehicles (EV) by offering up to a $2,500 incentive for employees who purchase or lease a new EV. Our environmental policy guides employee conduct and is an integral part of our culture.

Retirement plan invests in employees

On the first day of employment, employees can begin contributing to our 401 (k) retirement plan. We match 100% of the employee’s contributions, up to the first 5% of your earnings each year. In addition, if you are eligible, we make employer contributions to the plan on your behalf equal to 6% of your earnings. All match and employer contributions are vested immediately.

Employees have access to a number of distinctive benefits, programs and total rewards offerings, which may include:

• Health insurance (two medical plan options; one that partners with a health reimbursement account with a company contribution and the other plan includes a health savings account with a company contribution)
• Pharmacy program – including no cost generic medications*
• Formal well-being program with up to $1,000 yearly incentive payment
• Interest free fitness equipment loans
• Well-being event reimbursement program
• Dental insurance—including a no-cost option
• Vision insurance
• Retiree medical insurance options for employees that officially retire from the company
• Flexible spending accounts (health & dependent care)
• Company paid short-term disability—100% income replacement
• Company paid long-term disability
• Company paid basic life insurance (2.5x annual salary**)
• Supplemental life insurance
• Accident, Critical Illness and Hospital Indemnity insurance (provided at no cost if enrolled in the high deductible health plan)
• No cost virtual/telemedicine doctor visits*
• No cost nutritional counseling *
• No cost virtual physical therapy program
• No cost pre-diabetes and diabetes support program
• No cost online mental health support program
• Identity theft protection
• Enhanced Employee Assistance Program that includes 8 counseling sessions per individual, per issue, per year—covers all members of the household
• Group auto and homeowners insurance at discounted rates and with payroll deduction
• Adoption assistance program
• Flexible work schedules
• Onsite amenities (varies by location): cafe, fitness center, laundry concierge, mother’s room and stress management room
• Domestic partner coverage—both same/opposite gender

Notes:
Great River Energy reserves the right to amend or terminate these benefit programs.
*For health care participants not covered on a high deductible health plan with HSA due to IRS restrictions
**Bargained employees will need to reference collective bargaining agreement
Transparency in coverage