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Green Door provides
the following Benefits to full-time, salaried staff. Other staff
may be eligible to receive some, but not the entire Benefit Package.
.
Leave
Policy:
An employee
is eligible to accrue leave on hire, but may not take annual leave until
completing three months of employment.
Vacation:
- 2 weeks accrued annually from Date of Hire
- 3 weeks accrued annually after 3rd year anniversary
- 4 weeks accrued annually after 5th year anniversary
- 5 weeks accrued annually after 10th anniversary
Sick
Leave:
12 days per
year
Holidays:
10 paid holidays
per year:
- New Year's
Day
- Martin Luther
King's Birthday
- Presidents
Day
- Memorial
Day
- Independence
Day
- Labor Day
- Columbus
Day
- Veterans'
Day
- Thanksgiving
Day
- Christmas
Day
Health
Insurance:
An employee
is eligible the first day of the month following the date of hire
for Kaiser-Permanente, which is a Health Maintenance Organization
(HMO). There are no exclusions for previous health conditions. There
is full medical coverage for the employee, plus discounted dental and optical coverage. Green Door pays 80% of
the cost for the employee. The employee must pay for insurance for
family members. Premiums are deducted via payroll and are pretax under the Medical Flexible Spending Plan after 90 days of employment.
Effective 12/1/2007, employee costs per payperiod are
- HMO Signature Employee $35.85
- HMO Signature Employee + spouse, partner or child $179.22
- HMO Signature Family $308.27
- Flexible Choice Employee $54.97
- Flexible Choice Employee + spouse, partner or child $231.51
- Flexible Choice Family $363.73
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 teh 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 teh 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
- Employee Accident Only $8.00
- Employee Accident and Sickness $16.00
- Employee and Spouse or child(ren) Accident Only $13.50
- Employee and Spouse or child(ren) Accident and Sickness $27.00
- Family Coverage Accident Only $19.00
- Family Coverage Accident and Sickness $38.00
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 90 days following date of hire.
Disability
Insurance:
There is both short-term and long-term Disability Insurance. Long-term disability is underwritten by Genworth Financial. 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 Genworth Financial. 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:
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 6% 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.
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