What’s it like working at Redwoods?
We’re helping to keep kids and families safe from harm, and we’re insuring valuable community organizations like YMCAs, Jewish Community Centers and camps.
Our clients are our friends. We build close relationships with incredible people who are serving their communities. We’re there before there’s a crisis, working to avoid one. In the midst of difficult situations, we’re there to guide them. And after a tragedy, we’ll be there to facilitate healing.
You’ve heard that it’s better to teach a man to fish than to feed him for one day. We agree, and that’s why we’re always sharing what we know about safety. But if fishing is anything like insurance, it’s time to change the industry. Unlike most insurance providers, we don’t spread risk over massive numbers of clients. We know our clients are willing to change dangerous practices, and we work with them to do just that. Then we price their premiums with an eye toward their future, rather than their past.
As Maslow taught us, we can't expect our employees to think communally unless their own needs are met. So Redwoods offers generous benefits to our employees, including:
Employee contributions toward premiuims are calculated on a sliding scale, with those earning $35,000 per year or less receiving free medical and dental coverage for themselves and their children. Redwoods also pays 80% of the cost of the coverage for their spouses or partners.
Redwoods also helps employees increase their job knowledge by pursuing courses of study that advance their careers within the company. Eligible employees may be reimbursed 100% of the reasonable cost of tuition for the courses taken at degree-granting institutions with up to $3,000 per calendar year.
Redwoods provides employees free long-term care insurance coverage of $3,000 per month for a three-year term. Additional coverage is available for a fee, as well as coverage for the employee's spouse, children over 18, as well as siblings, parents, parents-in-law and grandparents under the age of 80.
Redwoods believes in investing for the future. Employees are eligible for participate in our 401(k) program, as well as, our new Employee Stock Grant and Stock Purchase programs.
We offer flexible spending accounts for both dependent care and medical care reimbursement.
Our Employee Assistance Program helps Redwoods employees address problems that affect their lives and health, including family marital and parenting issues, health and medical information, financial and legal concerns, child care and elder care resource referrals, substance abuse and addictions, personal safety and violence issues, information about self-care and illness/disease prevention, as well as grief, depression and stress issues. This program is free of charge to all employees and their immediate family members (i.e. spouse, children and parents living in the employee's home).
We provide life and accidental death and dismemberment (AD&D) insurance for regular full-time employees up to 2.5 times their annual salary. We also provide short-term and long-term disability coverage.
After one year of service, employees qualify for a scholarship program that provides up to $6,700 per year toward the cost of higher education for their children. This makes enrollment in many public universities available to the children of Redwoods employees. In addition, Redwoods matches 50 cents per dollar up to 6% of annual salary for employee contributions to select 529 college education savings programs.
We also make a one-time gift of $500 when employees or their spouses give birth or adopt a child. The direct gift goes into a 529 savings account or a savings bond.
Redwoods has 11 paid holidays for 2013. Full-time employees who have been with Redwoods for one to four years receive 15 days of vacation. That goes up to 20 days per year for those employed five to nine years, and it jumps to 25 days for those with more than 10 years with the company.
Our commitment to our communities is supported at all levels of the organization. The Redwoods’ Employee Serve Others Program helps support our mission in conjunction with all that we do for our customers, our communities, and each other. For us, this program helps define a socially responsible organization:
We consider community support an essential priority of a socially responsible organization. In order to truly live our mission, all employees serve 40 hours of their time per year in the communities in which they work and live. This has been a minimum requirement of our employees since 2005. However, many employees give more than 40 hours of their time to the organizations they feel passionate about. This is ingrained in our culture and has become an integral part of being a member of the Redwoods community. We feel it is critical to the full success of our organization.
This program matches the hours an employee volunteers with grants from the Redwoods Foundation. In other words, by demonstrating significant engagement in volunteerism, Redwoods will make a donation to the 501c3 organization where employees volunteer outside of standard business hours (i.e. evenings and weekends). When volunteering outside of office hours, volunteers earn the organization $10 per hour after the 4 hour minimum commitment is met.
Redwoods is committed to making a difference in our communities through a clear mission: to serve others through sustainable community involvement and giving. Redwoods encourages its employees to contribute individual donations to designated U.S. Based 501c3 charitable organizations across the globe. To maximize the effects of charitable giving, TRG pledges to match individual or aggregate contributions up to $1000 per employee, per year.
Redwoods subsidizes the cost of Weight Watchers for employees and their spouses and maintains an on-site fitness room as part of its Wellness Program. We reimburse employees the annual membership for a Costco membership and offer an employee referral program. We also provide leave for military service, maternity and paternity, bereavement, family and medical needs, jury duty, court appearances and to comply with juvenile court orders.
By participating in an annual competition of top workplaces, Redwoods uses anonymous employee satisfaction/engagement surveys conducted by an outside party. In 2012, the employee survey showed that 89% of employees were satisfied with their overall TRG experience. Almost 100% of employees said that senior management communicated its expectations and strategy clearly to them during the economic difficulties.
In 2012, we revamped our work environment, which now allows for more open conversations and collaboration between staff and leadership. We encourage employees to share new ideas and programs that will enhance the business and increase employee job satisfaction.
Redwoods was selected one of the five Most Promising Social Entrepreneurs in 2010 by readers of Bloomberg's Businessweek.
Business Insurance magazine and the Best Companies Group honored Redwoods as one of the Best Places to Work in Insurance for 2010 and 2009.
The Wall Street Journal and the nonprofit organization Winning Workplaces selected Redwoods as one of 15 winners of the 2008 Top Small Workplaces competition.
Redwoods earned B Corporation status in 2009.
Redwoods earned Best for the World, Top 10% Ranking for Overall Impact by B Lab in 2012.
Redwoods also received Green Plus Certification in 2009, a new national program providing affordable sustainability expertise to small businesses and nonprofit agencies.
The Greater Raleigh Chamber of Commerce gave Redwoods its Smith Seal of North Carolina Sustainable Business Award, part of its 2009 Pinnacle Business Award competition.
The Triangle Business Journal (TBJ) named Redwoods its 2009 Green For-Profit Business of the Year.
In 2010, TBJ ranked us ninth in its list of Top Corporate Philanthropists (and first in our size).
The United Way of North Carolina selected Redwoods for its 2009, 2008 and 2007 Spirit of North Carolina award for our overall commitment to United Way and the community.
In 2009, the United Way of the Greater Triangle awarded Redwoods its Best Overall Performance for the local campaign.
In 2010, the United Way of the Greater Triangle awarded Redwoods its Chairman's Award for Excellence in Corporate Involvement.