Compensation and Benefits

Colt offers excellent compensation consisting of base pay and a comprehensive benefits program, both of which are designed to attract and retain top-performing employees.  To align with Colt’s culture of flexibility, innovation and individual creativity, employees have choices in both their employer-sponsored and optional group insurance programs. 

Benefit programs include:

• Flexible health benefits
• Flexible dental benefits
• Basic life insurance and accident insurance
• Sick leave
• Short-term disability
• Long-term disability
• Optional life insurance and accident insurance
• Optional critical illness insurance

Retirement Program

In support of employee retirement planning, Colt also sponsors a Group Registered Retirement Program.  Under this plan the company will match 100% of employee contributions, per pay period, up to maximum amounts as determined by the employee's continuous service with Colt. All salaried employees with three months of continuous service are eligible for the plan, and employer contributions vest immediately.

Other Employee Programs

• Modified work hours
• Computer purchase program
• Service award program
• Employee business discounts
• New graduate program
• Employee and family assistance program
• Recognition programs