 |
|
|
|||
 |
 |
|
|
Green Door provides the following Benefits to Regular Full-Time staff. Other staff may be eligible to receive some, but not the entire Benefit Package. . Leave Policy:Eligible employees recieve 12 PTO (paid time off) days during their first year of employment. After the first year, employees recieve sick and vacation time. Vacation:
Sick Leave:12 days per year Holidays:10 paid holidays per year:
Health Insurance:An employee is eligible 90 days following the date of hire for Kaiser-Permanente health care insurance. Green Door has 2 different plans: a Health Maintenance Organization Plan and a Point of Service Plan. There are no exclusions for previous health conditions. There is full medical coverage for the employee, plus discounted optical coverage. Employees enrolled in the health plan are automatically enrolled in a dental plan with MetLife. Dental Insurance is optional for dependents and for employees not enrolled in Green Door's health plan. Green Door pays a portion of the cost for the employee. The employee must pay for insurance for family members. Premiums are deducted twice per month via payroll and are pretax under the Medical Flexible Spending Plan. Effective 12/1/2008, employee costs for 24 pay periods are
Employee costs change annually and could change sooner without notice. Accident and Sickness coverage:Accident and sickness coverage can be purchased by the employee via payroll deductions for the employee, his/her spouse and child(ren). This coverage is provided by Combined Insurance Company of America. It is intended to give the employee money in the event he/she (or spouse or child(ren)) are in an accident or becomes sick. It is available to all employees employed for more than 90 days and works over 20 hours per week. Employee costs per pay period are
Family and Medical Leave:After employment for 1,000 hours in a 12-month period, an employee may take up to 16 workweeks in a 24-month period of unpaid Family or Medical Leave for the birth, adoption, or foster care placement of a child, the care of a family member who has a serious health condition, or for the serious health condition of the employee. Medical and Dependent care Flexible Spending Plan:This is a plan that allows employees to pay certain medical, dental, optical and health insurance costs with pretax dollars. the plan also allows employees to pay for dependent day care with pretax dollars. Employees are eligible to participate in this plan 180 days following date of hire. Disability Insurance:There is both short-term and long-term Disability Insurance. Long-term disability is underwritten by Prudential. Employees are eligible for either after one year of employment and if he/she works more than 30 hours per week. When certified as eligible, employees recieve 60% of his/her salary. Supplemental disability insurance (short and long term) may be purchased by the employee via payroll deductions. The supplemental disability leave is underwritten by Combined Insurance Company of America. Employees are eligible to purchase the policy after 90 days of employment and if he/she works more than 30 hours per week. When certified as eligible, employees recieve between 15% - 25% of his/her salary. Premium costs vary depending upon age, salary, and occupation. pre-existing conditions may apply. Life Insurance:Premiums for Life Insurance equal to one year's salary, up to $50,000, are paid for by Green Door. The life insurance is underwritten by Prudential. Employees are eligible for this insurance one year after hire and if he/she works more than 30 hours per week. Additional Life Insurance may be purchased by the employee, via payroll deductions, for the employee, his/her spouse, child(ren), and/or grandchild(ren). The Life Insurance is underwritten by Combined Insurance Company of America. Employees are eligible to purchase the policy(ies) after 90 days of employment and if he/she works more than 20 hours per week. Premium costs vary depending upon age and desired policy amount. Retirement Plan and Profit Sharing:Green Door has a 401K plan with the following plan components: Employee Deferrals: Employees may make elective contributions to this plan on the next entry date after his/her 1 year anniversary (January 1st or July 1st). Employees may have a portion of their salary deducted on a pre-tax basis up to the IRS annual maximum. Employer Match: Beginning with the next entry date after the employee's first year anniversary, Green Door will make a 50% matching contribution up to the first 3% of salary deferred. There is a gradual vesting schedule of 20%, 40%, 60%, 80%, and 100% after vesting years 1, 2, 3, 4 and 5 respectively. Employer Profit Sharing: Green Door may contribute an amount up to 5% of an employee's salary. Employees are eligible to receive the contribution on the next entry date after the employee's first year anniversary. The employee becomes 100% vested after 5 vesting years (cliff vesting schedule). Match and Profit Sharing are remitted once a year after the calendar year ends. Employees actively employed on the last day of teh calendar year are eligible to recieve contributions for that calendar year. Employee deferrals are remitted monthly. Credit Union Membership:Staff are eligible for membership in the U.S. Senate Federal Credit Union. See the accounting manager for details. Transportation Plan:This plan allows employees to deduct, pre-tax, a portion of his/her parking and/or Metro expense.
|
