Benefits!
03-02-2009, 05:40 AM
#1
Thread Starter
Benefits!
Talks of snow days, and paid time off prompts this thread.
How are the benefits where you work?
Do you now get PTO (paid time off), vs vacation pay and sick pay. What about if you are sick? Do you use those days, or do you have a disability plan that will kick in after X number of days?
Do you have a pension? 401? IRA plan?
Health Insurance? Dental? Life Insurance? Personal days? Bereavement leave?
I get four weeks off. That's it. I'm salaried and I used to pay myself if I was out sick, with no objection from the boss, as it rarely happened. In 20+ years, I've never missed more than one day at a time due to illness. We had a "discussion" years back and now I get the four weeks, that's it. Not sure how he would handle it if there was an extended illness.
Most of our guys only get two weeks, nothing else. Bereavement time off depends on the situation and who passed away....we aren't big on consistency.
We have health insurance 70/30 split on premium on individual. If you need family plan, it's your $$$$$$$$$. No life, no disability plan offered, no dental, no pension, no 401, but we have a simple IRA. Better than nothing but, we cannot save nearly as much (by law) as someone with a 401.
Basically, typical small business benefits....nothing to brag about.
What about you?
How are the benefits where you work?
Do you now get PTO (paid time off), vs vacation pay and sick pay. What about if you are sick? Do you use those days, or do you have a disability plan that will kick in after X number of days?
Do you have a pension? 401? IRA plan?
Health Insurance? Dental? Life Insurance? Personal days? Bereavement leave?
I get four weeks off. That's it. I'm salaried and I used to pay myself if I was out sick, with no objection from the boss, as it rarely happened. In 20+ years, I've never missed more than one day at a time due to illness. We had a "discussion" years back and now I get the four weeks, that's it. Not sure how he would handle it if there was an extended illness.
Most of our guys only get two weeks, nothing else. Bereavement time off depends on the situation and who passed away....we aren't big on consistency.
We have health insurance 70/30 split on premium on individual. If you need family plan, it's your $$$$$$$$$. No life, no disability plan offered, no dental, no pension, no 401, but we have a simple IRA. Better than nothing but, we cannot save nearly as much (by law) as someone with a 401.
Basically, typical small business benefits....nothing to brag about.
What about you?
03-02-2009, 06:20 AM
#4
23 days of PTO here, no sick leave, no bereavement, etc. etc. If you're
out for whatever reason, it comes out of the PTO pool. If it is due to
an illness, you exhaust your PTO then short-term disability kicks in.
We have full benefits, medical, dental, vision, 401(k), short and long-term
disability, life, AD&D, child and spouse life insurance. Short-term disability
is totally paid for by the company and the 401(k) match is 50% of the
first 6% of contributions. Medical for me and my son is about $200 a
month. Dental and vision not included in that total.
Company pays for basic life insurance valued at 2x your salary with
the option to bump that up to 6x your salary at the employee's expense.
Same for AD&D insurance.
Company pays for an additional policy valued at 6x your salary if you
pass away while travelling for business.
out for whatever reason, it comes out of the PTO pool. If it is due to
an illness, you exhaust your PTO then short-term disability kicks in.
We have full benefits, medical, dental, vision, 401(k), short and long-term
disability, life, AD&D, child and spouse life insurance. Short-term disability
is totally paid for by the company and the 401(k) match is 50% of the
first 6% of contributions. Medical for me and my son is about $200 a
month. Dental and vision not included in that total.
Company pays for basic life insurance valued at 2x your salary with
the option to bump that up to 6x your salary at the employee's expense.
Same for AD&D insurance.
Company pays for an additional policy valued at 6x your salary if you
pass away while travelling for business.
03-02-2009, 06:35 AM
#5
Thread Starter
^
I'd kill, for some of those benefits. No whining about using PTO for anything.
We pay almost $300.00/month for two single plans, and neither of us has any other type of insurance available at work.
I'd kill, for some of those benefits. No whining about using PTO for anything.
We pay almost $300.00/month for two single plans, and neither of us has any other type of insurance available at work.
03-02-2009, 07:00 AM
#7
Registered User
Originally Posted by NH_s2k_Guy,Mar 2 2009, 10:20 AM
23 days of PTO here, no sick leave, no bereavement, etc. etc. If you're
out for whatever reason, it comes out of the PTO pool. If it is due to
an illness, you exhaust your PTO then short-term disability kicks in.
We have full benefits, medical, dental, vision, 401(k), short and long-term
disability, life, AD&D, child and spouse life insurance. Short-term disability
is totally paid for by the company and the 401(k) match is 50% of the
first 6% of contributions. Medical for me and my son is about $200 a
month. Dental and vision not included in that total.
Company pays for basic life insurance valued at 2x your salary with
the option to bump that up to 6x your salary at the employee's expense.
Same for AD&D insurance.
Company pays for an additional policy valued at 6x your salary if you
pass away while travelling for business.
out for whatever reason, it comes out of the PTO pool. If it is due to
an illness, you exhaust your PTO then short-term disability kicks in.
We have full benefits, medical, dental, vision, 401(k), short and long-term
disability, life, AD&D, child and spouse life insurance. Short-term disability
is totally paid for by the company and the 401(k) match is 50% of the
first 6% of contributions. Medical for me and my son is about $200 a
month. Dental and vision not included in that total.
Company pays for basic life insurance valued at 2x your salary with
the option to bump that up to 6x your salary at the employee's expense.
Same for AD&D insurance.
Company pays for an additional policy valued at 6x your salary if you
pass away while travelling for business.
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03-02-2009, 07:06 AM
#8
Community Organizer
You know....all the majors, FSA accts etc.
PTO is big for me.....I'm at 23 PTO days, option to buy 5 more, 10 bank holidays put me at 38 days off per year...no time to use them...but they are there.
OH yea.....1% off my Mortage rate.....
PTO is big for me.....I'm at 23 PTO days, option to buy 5 more, 10 bank holidays put me at 38 days off per year...no time to use them...but they are there.
OH yea.....1% off my Mortage rate.....
03-02-2009, 07:08 AM
#9
Registered User
Join Date: Jul 2005
Location: Portsmouth, NH
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4 weeks vaca (after 10 years...I've been here 13)
8 days flex to be used for non scheduled days off for whatever reason.
7 paid company holidays (xmas, t-day, etc)
3 floating holidays
401k w/100% match up to 6%
stock purchase plan, 15% reduced rate
short term 80% and long term 60%
bonus incentive plan based on regional goals
medical, dental, visual cost about 80 month for me (my wife gets it free at her work!!)
basic life ins and AD&D no charge 2x salary
free financial services
free tv and hsi with a reduced phone rate if you live in system (which I don't
)
8 days flex to be used for non scheduled days off for whatever reason.
7 paid company holidays (xmas, t-day, etc)
3 floating holidays
401k w/100% match up to 6%
stock purchase plan, 15% reduced rate
short term 80% and long term 60%
bonus incentive plan based on regional goals
medical, dental, visual cost about 80 month for me (my wife gets it free at her work!!)
basic life ins and AD&D no charge 2x salary
free financial services
free tv and hsi with a reduced phone rate if you live in system (which I don't
)
03-02-2009, 07:30 AM
#10
OH yeah forgot about holidays...10 a year. We get only the major
holidays but then get the week between xmas and new years off.
Jeff, that 1% off your mortgage rate is a SWEET benefit!
holidays but then get the week between xmas and new years off.
Jeff, that 1% off your mortgage rate is a SWEET benefit!