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Employee Benefits Guide

Comprehensive Benefits Overview & Enrollment Information | Version 2.1 | Effective January 2025

Health & Wellness Benefits

Medical Insurance Options

Plan Type Monthly Premium (Employee) Monthly Premium (Family) Annual Deductible Out-of-Pocket Max
Basic Health Plan $95/month $280/month $2,000 $8,000
Standard Health Plan $140/month $380/month $1,000 $6,000
Premium Health Plan $210/month $520/month $500 $4,000

Vision & Dental Coverage

  • Dental Insurance: $25/month individual, $75/month family
    • Annual maximum: $2,500 per person
    • Preventive care: 100% covered
    • Basic procedures: 80% covered
    • Major procedures: 50% covered
  • Vision Insurance: $15/month individual, $45/month family
    • Annual eye exam: 100% covered
    • Frames allowance: $200 every 2 years
    • Contact lens allowance: $150 annually

Mental Health & Wellness

  • Employee Assistance Program (EAP): Free confidential counseling
    • 8 sessions per year per issue
    • 24/7 crisis support hotline: 1-800-555-HELP
    • Work-life balance resources
  • Wellness Program Incentives:
    • Annual health screening: $200 credit
    • Gym membership reimbursement: up to $600/year
    • Smoking cessation program: 100% covered
    • Weight management program: $500 annual allowance

Financial Benefits

Retirement Planning

  • 401(k) Retirement Plan:
    • Immediate eligibility
    • Company match: 100% of first 4%, 50% of next 2%
    • Maximum company contribution: 5% of salary
    • Vesting schedule: Immediate for employee contributions, 3-year cliff for employer match
  • Pension Plan (for employees hired before 2020):
    • 2% of final average salary per year of service
    • Vesting after 5 years of service
    • Early retirement available at age 55 with 10+ years service

Life & Disability Insurance

  • Basic Life Insurance: 1.5x annual salary (company-paid)
  • Supplemental Life Insurance: Up to 8x annual salary (employee-paid)
  • Accidental Death & Dismemberment: 1x annual salary included
  • Short-term Disability: 70% of salary for up to 26 weeks
  • Long-term Disability: 60% of salary after 90-day waiting period

Work-Life Balance Benefits

Holiday & Time-Off Policies

  • Paid Holidays: 12 federal holidays plus 3 floating holidays
  • Personal Time Off (PTO):
    • Years 0-1: 15 days annually
    • Years 2-4: 20 days annually
    • Years 5-9: 25 days annually
    • Years 10+: 30 days annually
  • Sick Time: 10 days annually, unlimited carryover
  • Bereavement Leave: 5 days for immediate family, 3 days for extended family

Transportation & Commuter Benefits

  • Public Transportation Subsidy: Up to $300/month
  • Parking Allowance: $200/month for downtown offices
  • Electric Vehicle Charging: Free charging at all company locations
  • Bike-to-Work Program: $500 annual bicycle purchase/maintenance allowance

Family Support Benefits

Parental Leave Policies

  • Maternity Leave: 18 weeks fully paid for birth mothers
  • Paternity Leave: 10 weeks fully paid for non-birth parents
  • Adoption Leave: 14 weeks fully paid for primary adoptive parent
  • Foster Care Leave: 8 weeks fully paid for foster placements
  • Family Bonding: Additional 6 weeks unpaid available to both parents

Family Financial Support

  • Adoption Assistance: Up to $8,000 reimbursement for adoption expenses
  • Fertility Benefits: Up to $15,000 lifetime maximum for fertility treatments
  • Dependent Scholarship Program: $2,000 annually for employee children in college

Professional Development

Education & Training

  • Tuition Reimbursement Program:
    • Undergraduate degrees: Up to $7,500/year
    • Graduate degrees: Up to $10,000/year
    • Professional certifications: Up to $3,000/year
    • Minimum grade requirement: B- or equivalent
  • Professional Development Budget: $3,000 annually per employee
    • Conference attendance
    • Online learning platforms
    • Professional association memberships
    • Skills-based training programs

Benefits Administration

Benefits Helpline: 1-800-555-BENEFITS (1-800-555-2363)

Benefits Portal: https://benefits.techcorpglobal.com

HR Benefits Team: benefits@techcorpglobal.com