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Total Rewards Philosophy

Total Rewards is the integration of our compensation, benefits, professional development, recognition and work/life programs. We believe that our Total Rewards package provides a compelling reason for high performing, skilled individuals to join and become fully contributing members of the Oster Homes team.

Oster Homes offers a comprehensive rewards package including:

  • Competitive Salaries
  • Regular Performance Reviews
  • Paid Time Off for Vacations, Sick Time and Holidays

Managing Your Health
  • Comprehensive Medical and Prescription Insurance
  • Vision Insurance
  • Dental Insurance
Providing Security for Your Family
  • Company Paid Life and Disability Insurance
  • Marie Fund
Planning for Your Future
  • Tuition Reimbursement
  • 401(k) Savings Plan

This program highlight sheet describes the benefit plans and policies available to an associate of K. Hovnanian Companies, LLC. The details of these plans and policies are contained in the official plan and policy documents, including some insurance contracts. This guide is meant only to cover the major points of each plan or policy. It does not contain all of the details that are included in the summary plan description (as required by ERISA). If there is ever a question about one of these plans and policies, or if there is a conflict between the information published on this web site and the formal language of the plan or policy documents, the formal wording in the plan or policy documents will govern.