Benefits Program

Benefits Program

webco tubing supplier
Webco offers a host of benefits to its regular full-time employees via Web-Flex, Webco's Flexible Benefit Plan. Web-Flex is part of each employee's total compensation package and allows employees to pay insurance premiums (except life insurance premiums and short-term disability) with pre-tax dollars. At Webco, we choose to offer best-in-class benefits to meet our employees’ needs. Here are some of the choices you have as a Webco employee:
Choices

Career Development

Focus and build on your strengths to have the career you want:

Webco believes that a good employee is an informed, educated and well-trained employee. Therefore, Webco offers employees training and development opportunities to help them grow, advance and be successful.

Full tuition reimbursement for regular, full-time employees:

Webco reimburses regular full-time employees 100% of approved educational expenses for books, fees and courses offered by accredited institutions, such as high schools, trade schools, technical institutes, community and junior colleges, and universities.

Paid professional development courses and certifications:

Webco offers employees paid training and development courses and certifications to help them grow, advance and be successful.

Webco University offers over 8,000 courses:

Webco University provides the best chance for you to reach your full potential here at Webco. Webco U offers over 8,000 unique courses on leadership and skill-based training, professional development, and more.

Intentional training opportunities to strengthen skills:

Through Webco U, new employees can participate in our production and maintenance boot camps, which focus on in-house training on basic skills, facility equipment and processes to set you up for success at Webco.

Health & Benefits

Low-cost, best-in-class benefits:

Our low-cost, best-in-class benefits plans give our employees the flexibility to determine their best individual healthcare, annual deductible, level of coinsurance, and out-of-pocket expenses based on their location.

Benefits include:

  • ZERO Card
    ZERO Card provides access to all kinds of services and medical procedures to participating employees, and ensures they never pay a copay, coinsurance, or deductible.
  • CareATC
    With CareATC, participating employees can view their medical records, schedule appointments, and message their providers any time in the patient portal or mobile app. CareATC also offers no-copay medical insurance options for participating employees.
  • $25,000 life insurance
    Webco pays 100% of the coverage for $25,000 of group term life insurance for each full-time employee. Employees may purchase additional life insurance for themselves or their dependents.
  • Accident insurance
    Webco offers a 24-hour group accident plan to help cover out-of-pocket expenses associated with an accidental injury.
  • $25,000 accidental death/dismemberment
    Webco pays 100% of the coverage for $25,000 accidental death/dismemberment insurance for each full-time employee.
  • Healthcare and dependent care reimbursement accounts
    Webco offers this benefit through Web-Flex. These reimbursement accounts allow employees to set aside "pre-tax" dollars throughout the year and use these dollars for non-premium out-of-pocket health and dependent care expenses (e.g., co-payments, deductibles, daycare, etc.).
  • Health / hospitalization insurance
    Webco offers options that vary by the state in which the employee resides. Plans include a network of preferred providers (a PPO plan) from which an employee may choose. Our plans give our employees the flexibility to determine their best individual healthcare, annual deductible, level of coinsurance, and out-of-pocket expense. Webco provides a generous cost-sharing formula for its employees.
  • Dental insurance
    Webco offers several options that vary by the state in which the employee resides. Each state offers a preventative and maintenance plan that covers most preventative and routine dental care and a comprehensive plan that covers most major services. Some states offer a managed dental care plan that utilizes a participating dentist network with a predetermined schedule of co-payments for select services. Each plan offers quality dental care, but premiums vary based on plan selection.
  • Vision insurance
    Webco pays 100% for the employee's base vision plan coverage. Employees receive one annual eye exam with $0 co-pay, 20% discount on lenses and frames, 25% discount on laser surgery, and 15% discount on doctor's professional services for contact lenses. Employees pay a minimal cost for dependents. Non-network services are available, include exams only, up to $40.00 every 12 months per covered person.
  • Cancer insurance
    Webco offers a voluntary cancer coverage option that will pay in addition to the benefits provided by the employee's health/hospitalization coverage.
  • Short-term disability
    Webco offers a voluntary short-term disability insurance plan. Employees who elect this coverage receive short-term disability coverage at 60% of their current monthly salary after the 7th day of a non-occupational accident or sickness, if they are fully disabled and unable to work.
  • Long-term disability
    Webco pays 100% of each full-time employee's long-term disability coverage. The long-term disability plan covers 60% of the employee's current monthly salary, after the 180th day of suffering a disabling accident or illness on or off the job.
Incentive-based wellness programs
Cafeteria health benefit plan

Opportunities

Growth opportunities in leadership, operations, quality, sales, maintenance, and administrative areas
97+% of management and leadership promoted from within
Company with a track record of growth and internal promotion

Income

Competitive skill-based/shop experience pay:

Competitive pay based upon job classification, acquired skills, and team environment.

Profit sharing distribution opportunities:

Webco offers regular full-time employees the opportunity to participate in the Webco Profit Sharing Plan. The profit-sharing distribution is weighted based on each location's performance.

Ample overtime opportunities
Reward and recognition programs
Employee referral bonuses
Comprehensive 401K retirement and savings plans:

Webco offers and highly encourages participation in its comprehensive 401(k) retirement and savings plan, including employer discretionary matching contributions, participant loan feature and acceptance of rollovers from other qualified plans.

Direct deposit:

Webco will electronically deposit an employee's paycheck into his/her bank on payday.

Credit union:

Webco has also arranged an opportunity for employees to join the credit union. Members of a credit union are usually eligible for higher savings interest rates, lower credit card interest rates and other special programs.

Tax-Saver premium conversion:

Webco offers this benefit through Web-Flex. This benefit allows employees to convert the cost of most insurance premiums (e.g., health, dental, vision, and cancer) to "pre-tax" dollars. As a result of this premium conversion, the employee pays less federal, state (where applicable) and social security taxes, and takes home more dollars.

Culture

Team-based work environment:

Our focus on trust and teamwork is critical in sustaining an organization where people, from the shop floor to the C-suite, make the difference every day they come to work.

Family-oriented workplace
Commitment to our 16 Principles:

Webco is driven by its 16 Principles to create a company built for the ages, be the Employer of Choice in our communities, and serve as the partner of preference to our customers and suppliers now and forever.

Strong safety culture:

Webco’s workforce is committed to smooth, safe operations 24/7. Teams are regularly trained in our ever-evolving manufacturing, QA, and support systems, because safety is our top priority.

Employee Assistance Program (EAP):

For those employed in Oklahoma, Webco pays 100% of the coverage for the EAP, which is available to assist employees and immediate dependents in the identification and resolution of a wide range of personal problems and concerns.

Holidays:

Webco recognizes eight (8) holidays during the year for regular full-time employees.

Employee Experience

Team-driven atmosphere where you can make a difference
Multi-year winner of Top Places to Work:

Webco is a multi-year winner of Top Places to Work in Oklahoma and the United States overall.

Stay connected with WebcoNow mobile employee application:

Keep up with everything going on at Webco with our employee-focused mobile app.

Quarterly employee appreciation events
12-hour shifts with more days off:

With multiple shifts available at every Webco facility, employees are able to work the schedule that fits their lifestyle and needs.

Vacation:

Webco offers paid vacation to regular full-time employees, based on length of service.

Operate best-in-class automated equipment
Prescription safety glasses:

Webco offers operations employees up to a $50 reimbursement for one pair of OSHA-approved prescription glasses with side-shields, once per year.

Free uniforms:

Webco pays 100% of uniform cost for operations employees. (Employees pay a portion of the cost if they choose full laundry service.)

Company-matched GoFundMe contributions
Profit sharing distribution opportunities:

Webco offers regular full-time employees the opportunity to participate in the Webco Profit Sharing Plan. The Profit Sharing distribution is weighted based on each location's performance.

Stability

50+ Years in business with Forever to go:

Webco’s expert workforce, committed to our goal of Forever, and our wide product line is what keeps us competitive – and why we’ll continue delivering our high-performance tubing better, faster, and longer than the next supplier.

Average tenure for Webco employees is greater than 10 years:

We are driven to be where you build your career – and we match that drive with an ongoing commitment to providing the right opportunities for growth and advancement. That’s why average employee tenure at Webco is 10+ years.

Diversified markets and products:

The investments we make in our people, products, plants, and markets give us a stable foundation to continue operating, no matter the challenge.

Stable leadership and management teams