Schnitzer continually looks for opportunities to develop its employees. For example, we offer apprenticeship programs for key skill areas such as welders and electricians, partnering with local state and community colleges to deliver an accredited program that blends classroom curriculum with on-site job experience. Employees spend eight hours on classroom coursework, followed by four hours of on-site training. We also offer tuition reimbursement for eligible employees interested in furthering their education independently.
Through our talent management portal, employees may partner with their managers in setting annual goals and professional development plans. As part of the annual performance review cycle, our employees assess their performance against the goals and plans established for the performance period, which provides a structured way for managers to assess performance, provide feedback, and prompt ongoing discussions around performance and career progression.
We continue to expand benefits we offer to employees. Recent additions include a new high-deductible health savings account that helps incentivize employees to stay healthy and invest money that can be used, tax-free, on eligible medical expenses. To support employees during all stages of life, including when they are welcoming new children into their families, we updated our policies regarding parental leave and adoption support. Schnitzer now provides up to four weeks of paid parental leave to care for a newborn, a newly adopted child, or a newly placed foster child. We also offer an adoption assistance program through which employees may be reimbursed for adoption expenses such as agency fees, legal expenses, and other costs. More details about employee benefits can be found on our careers website.