Quanex offers a dynamic workplace that acknowledges, motivates and rewards our employees for their contributions through a competitive compensation and benefits package.
Our employees enjoy competitive salaries and hourly rates, comprehensive benefits and professional development support that ensures their personal growth and work-life balance. Our retention of highly skilled employees is reflective of our company’s approach to invest in people rather than positions—on average our employees have been with Quanex for more than 25 years.
Employees have access to a wide range of programs and resources that promote total well-being.
Medical
Employee’s have a choice of two Traditional PPO health plans or a Health Savings Plan for the medical coverage.
Dental & Vision
All employees are offered dental and vision plans. The dental plan provides coverage for preventive, basic, major and Orthodontia services.The vision plan coverage includes regular exams and materials as well as coverage for safety glasses.
401 (k) Plan
The 401(k) Plan, recordkept by Fidelity Investments, helps employees save for retirement and invest their money for potential growth. Here’s an overview how the benefit works:
Employee Stock Purchase Plan
Employees can also save through the Quanex Employee Stock Purchase Plan, administered by Equiniti, which allows employees to purchase company stock at market price with a 15% company match.
Insurance Plan
Quanex offers Life and Accidental Death and Dismemberment (AD&D) Insurance through Lincoln Financial Group at no cost to employees. The Basic Life and AD&D Insurance is equal to 1.5x annual earnings. Employees also can purchase additional coverage for themselves, and their spouse and/or child(ren).
Disability Plan
In the event of disability, Quanex provides Short Term Disability (STD) and Long Term Disability (LTD) coverage through Lincoln Financial Group at no cost to employees. STD provides 100% or 60% of weekly earnings for up to 26 weeks, based on years of service. LTD pays 60% of monthly earnings after the 26-week STD period.
At Quanex, we understand and value that everyone has a life outside of work. We strive to help our employees find a good work-life balance by providing wellness and work-life programs that will help them both on and off the job.