| Benetfits - Table of Contents |
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Health Insurance
A POS Plan is available through CIGNA Health Care. The Company pays the majority of the premium. The employee pre-tax bi-weekly cost is shown below:
| Compensation Level |
Single |
Employee & Child |
Employee & Spouse |
Family |
| Earn < $50k |
$37.81 |
$68.22 |
$75.82 |
$121.44 |
| Earn > $50k |
$46.21 |
$83.38 |
$92.67 |
$148.42 |
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Dental Insurance
Our Dental PPO Plan is available through CIGNA Health Care as well. The employee pre-tax bi- weekly cost for this plan is:
| Compensation Level |
Single |
Employee & Child |
Employee & Spouse |
Family |
| Earn < $50k |
$2.77 |
$5.02 |
$5.58 |
$8.94 |
| Earn > $50k |
$3.39 |
$6.13 |
$6.82 |
$10.93 |
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Group Life Insurance
If you die while insured for this benefit, your beneficiary will receive an amount equal to 2x your annual base pay rounded up to the nearest thousand. The maximum benefit is $500,000. The company pays 100% of the cost this benefit. |
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Accidental Death & Dismemberment Insurance
If your death is the result of an accident, in addition to the company paid life insurance benefit discussed above, your beneficiary will receive an amount equal to 2x your annual base pay rounded up to the nearest thousand. The maximum benefit is $500,000. For accidental dismemberment you will be reimbursed per a specific schedule of benefits. The company pays 100% of the cost for this benefit. |
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Supplemental Life Insurance
This plan provides you with a benefit in addition to the company paid life insurance and may be purchased in increments of 1, 2, 3 or 4 times your base salary. The maximum insurance available is $500,000. Premiums for this program are based on your age, salary, and the increment of insurance selected. If interested, please contact Human Resources for the rate applicable to you. |
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Short-Term Disability Insurance
After 7 calendar days of illness, this insurance provides you with a benefit equal to 60% of your weekly earnings if you become wholly and continuously disabled from an accident or illness unrelated to your employment. The maximum benefit is $700 per week, and the maximum benefit period is 26 weeks. The bi-weekly after-tax premium for this is $.30 per $10 of coverage.
All health and welfare benefits take effect 30 days after your date of hire. |
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401(k)Plan
The Company provides a 3% bi-weekly 401(k) contribution to employees beginning on the first day of the calendar quarter, following their date of hire. Employees are immediately 100% vested. Additionally, the 401(k) Plan is available for employee contributions of up to 60% of pre-tax earnings within IRS limits. |
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Sick/Personal Days
The Company provides employees on a calendar year basis, paid personal and sick time as follows: |
| Position Classification |
Personal Time Available |
Sick Time Available |
Accrual Rate |
| Non-Exempt |
A Combination of 6 personal and sick days |
A combination of 6 personal and sick days |
1 day for each 2 months of service |
| Exempt |
2 days |
See Below |
1 day for each 6 months of service |
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Exempt employees are compensated for sick time on a per occurrence basis until disability benefits, if applicable, apply. Please refer to our disability policies for a further description of disability benefits. While exempt employee sick time is compensated for, time taken in excess of six sick days per calendar year may be considered excessive. |
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Sick and personal time must be taken in at least one-half day or whole day intervals. Employees may use personal and sick time in advance of actual accrual.
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Vacation
New employees accrue vacation during their first year depending on their date of hire. Employees hired between January 1st and March 31st are eligible for one week of paid vacation. Employees hired between April 1st and December 31st are not entitled to any vacation for the calendar year in which they are hired.
Thereafter, entitlement is as follows:
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Completed Years of Service |
Paid Vacation |
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½ year or less |
1 week |
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Over ½ yr. but less than 4½ yrs. |
2 weeks |
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Over 4½ yrs. But less than 9½ yrs. |
3 weeks |
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Over 9½ yrs. |
4 weeks |
Under certain situations, such as business necessity, employees may be unable to use all of their vacation within the calendar year. Accordingly, a maximum of two weeks of vacation time may be carried into the first half of the following year. Carried over vacation not used by June 30 of the following year will be forfeited.
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Paid Holidays
The company observes 11 paid holidays throughout the calendar year.
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Educational Assistance
Employees are eligible for tuition assistance after six months of employment for company related certificate programs, undergraduate and graduate courses. Eligible employees are reimbursed 100% of tuition costs and registration fees upon receipt of a "pass" mark or better. Annual maximum is $3,000.
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Working Hours
Working hours depend on department and location and are Monday through Friday, either 7:30 a.m. to 3:30 p.m., or 8:30 a.m. to 4:30 p.m. for a thirty-five hour workweek.
For our Jacksonville facility, the first shift working hours are Monday through Friday, 7:30 a.m. to 3:30 p.m. for a forty hour workweek. Second shift hours are Monday through Friday, 3:30 p.m. to 11:30 p.m. And, third shift hours are Sunday through Thursday, 11:30 p.m. to 7:30 a.m.
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Salary Paychecks
Paychecks are issued bi-weekly, every other Thursday. All employees, regardless of where they bank, are offered the convenience of direct deposit into savings and/or checking accounts.
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