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The Employee-Owned Advantage

As a 100% employee-owned organization (ESOP), every team member is an employee owner of Lou-Rich, an Innovance company. Employee-owners of Innovance have a variety of financial and personal job benefits. The benefits listed are available to all full-time employee-owners.  Some of these benefits also apply to part-time team members.

  • Medical with HRA account and employer annual contribution
  • Free employer offsite clinic for employee-owners and dependents
  • Employer paid basic life insurance
  • Employer credit for supplemental life insurance
  • Short-term disability
  • Employer paid long-term disability
  • Flex plan (medical and dependent care)
  • 401k plan
  • Employee stock ownership plan with annual employer contribution
  • Paid time off
  • Eight paid holidays
  • Tuition assistance
  • Profit sharing
  • Steel toe shoe reimbursement
  • Employer paid prescription safety glasses
  • Fitness monthly reimbursement
  • Employee assistance program
  • Biometric testing
  • Flu shot clinic
  • Career pathing
  • Advancement opportunities
  • Ongoing development and training opportunities
  • Employee meals
  • Easter ham or shrimp voucher
  • Thanksgiving Turkey voucher
  • New hire employee jacket
  • Annual 50% discount on branded clothing
  • Incremental 5-year service recognition gift
  • Employee-owner of the month awards
  • Safety and quality cash incentive programs
  • Ongoing fun wellness programs

Our Core Values

Equal Opportunity Employer – Innovance and its subsidiaries (Lou-Rich/ALMCO/MFI/Panels Plus) will provide equal opportunity to all individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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