Total Rewards Program
At SPX, what’s in it for employees goes well beyond market-competitive compensation and benefits. Our Total Rewards program includes a comprehensive offering combining a challenging work environment with opportunities for personal development, career growth and recognition. Together, these opportunities present significant growth potential for employees both financially and professionally.
SPX Total Rewards is an integrated strategy of programs and practices that help us attract, motivate and retain talent. Our compensation programs are market-driven and designed to give employees a financial stake in the continued success of our global enterprise. They are also performance-based, allowing us to recognize and reward employees who work hard, display the values and leadership practices we embrace and deliver exceptional results.
Benefits
SPX offers a benefits package that is competitive with the market and choices designed to help employees manage their well-being. Our performance and recognition programs focus on alignment and assessment of organizational, team and individual efforts toward the achievement of business results. Through our development and career growth programs, employees have opportunities to enhance their skills, develop new competencies and pursue career goals. The SPX work environment is based on a work-life philosophy supported by policies, programs and practices that help employees achieve success within and outside the workplace.
Consolidated Appropriates Act
Under the Transparency in Coverage Rule, issued in 2020 by the U.S. Department of Health & Human Services, Department of Labor and Department of the Treasury and enforced beginning 7/1/2022, health insurance issuers must publish separate machine-readable files (MRFs). The links provided below lead to the machine-readable files as prescribed and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.
BCBS-NC https://www.bluecrossnc.com/about-us/policies-and-best-practices/transparency-coverage-mrf#
Cigna https://www.cigna.com/legal/compliance/machine-readable-files
Kaiser https://healthy.kaiserpermanente.org/front-door/machine-readable