BENEFITS
SUMMARY
 Agnew Associates offers
an excellent benefits package, including medical and dental coverage, a life and
disability insurance plan, and education incentives. Regular full-time employees are
eligible to participate in most plans on their first day of employment with a few
exceptions as noted throughout. Employees' benefits are provided entirely (100%) at
company expense. Agnew Associates will pay half of the cost of family coverage.
Health Plan
The plan consist of a Preferred Provider Option (PPO) or Non-Preferred Provider Option,
which has a Managed Prescription Drug Program with retail and mail-order components, and a
Managed Mental Health and Chemical Dependency (MHCD) Program.
Reasonable and customary
medical charges are normally reimbursed at 90% for PPO and 80% for non-PPO. The deductible
for all covered charges incurred in a year is $300 for individuals with a $1,500 out of
pocket maximum, and $600 for families with a $3,000 out-of-pocket maximum.
Adoption Assistance is provided for qualifying adoption expenses up to $1,000 and is
not subject to a deductible.
LabOne’s Lab Card Program provides free outpatient laboratory testing with no
deductible and no co-payment.
Benefits begin 30 days after employment date.
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Dental Plan
The plan pays 80% for diagnostic, preventive, and most basic restoration expenses.
Dentures, crowns, bridges, onlays, and orthodontic expenses are covered at 50%. A $50
deductible for individuals and a $150 deductible for families are subject to all covered
dental expenses incurred in a year with a $1,500 annual dental maximum (excluding
orthodontic expenses). Orthodontic expenses have a $1,500 lifetime dental maximum.
Benefits begin 30 days after employment date.
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Audio-Visual Plan
The plan is available to aid in the expenses of audiometric examinations, hearing aid
services and supplies, and eye examinations. The standard eye examination is covered in
full, less a $25 co-payment. An annual allowance up to $105 will be provided toward the
contact lens evaluation examination, fitting cost, and materials. Allowances for lenses
are provided every year and a $50 allowance every other year is provided for frames.
Benefits begin 30 days after employment date.
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Sick Benefit Plan
Sick leave is accumulated each month at the rate of one half-day per month worked for a
total of six days per year. Sick leave may accumulate to a total of 30 days, and all of
the accumulated account is paid when you retire at age 65 or thereafter.
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Statutory Benefit Plan
Workers Compensation Insurance provides protection against accidental injury that occurs
while performing the business of the company. It also insures against loss of time caused
by any illness that occurs as a direct result of the company. These benefits include
weekly disability benefits, payment of medical, surgical, and hospital benefits, and death
benefits. The entire cost of this protection is paid in full by the company.
All employees are covered under FICA (Social Security) retirement benefits. To pay for
these benefits, both you and the company pay Social Security taxes in equal amounts.
As required by state and federal laws, all employees are covered by unemployment
insurance. The entire cost is paid by the company.
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Long-Term Disability Plan
You will receive 66 2/3% of your monthly base pay beginning six months from the date of
the disability up to a maximum of $8,000 per month. All benefits are rounded to the
nearest one dollar. For a period of disability less than one month, 1/30 of the monthly
benefit will be paid for each day of total disability.
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Life Insurance Plan
You will be provided life insurance coverage of 200% of your basic annual salary subject
to a $50,000 maximum.
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Survivor Income Benefit Plan
This plan provides a monthly income amount to your survivor if you die while covered under
this benefit. This amount is subject to your basic annual earnings.
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Dependent Life Benefit Plan
A life benefit will be paid in the following amounts if your dependent dies while covered
under this plan: Spouse- $2,500; Child (14 days old- 6 months)- $250; Child (6 months +)-
$1,000.
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Accidental Death/Dismemberment Plan
With this plan, you will receive 100% of your basic life benefit.
All life insurance plans are subject to age restrictions and limitations. The coverage
with respect to the insured person’s dependents will be applicable only if the person
is eligible, has enrolled, and is insured for such coverage.
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401k Plan
After one year of service or 1,000 hours, you are eligible to participate in the
company’s 401k Plan. This plan is not mandatory, but a benefit to help employees
prepare for retirement. The company matches investments based on annual profits. A maximum
of 15% of your annual income may be invested, with a maximum of $10,500 per year.
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Holidays
The following paid holidays are observed: New Year's Day, Memorial Day, Independence Day,
Labor Day, Thanksgiving, and Christmas Day.
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Vacation Plan
Vacation is accrued at the rate of eight hours for every month worked for a total of 12
days per year. Vacation is credited on the same day of each month that employment began.
You may accrue a maximum of 1 ½ times your annual vacation and you may borrow up to 24
hours of unearned vacation time.
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Family/Personal Leave
With one or more years of service, you are entitled to take a leave of absence for up to
12 workweeks' duration in any 12-month period for the following reasons: birth, adoption,
serious illness of a family member, or military leave. Leaves for other personal reasons
or extended family leaves require company approval. The maximum length of time that will
be approved for a leave of absence is 12 months.
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Educational Development Plan
In order to develop and maintain the high level of expertise and professionalism to which
the company strives, staff are encouraged to participate in professional and educational
activities. The company recognizes that your professional effectiveness depends on your
efforts to increase your knowledge and ability. The company will make every reasonable
attempt to adjust your work assignments to permit attendance at seminars and training
sessions that can help you remain knowledgeable of the rapidly expanding technology in
your field.
If you wish to pursue an academic degree program, the company offers flexibility in
scheduling and under special circumstances will aid in the financial burden of the
expenses.
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Professional Licensing Plan
The company encourages its professional staff to obtain their professional engineering
registrations as soon as they are qualified to do so, regardless of their present
assignment or level of responsibility within the firm. Employees are provided time off
from work with pay to take either the E.I.T. or P.E. exam. The company will assume payment
of registration fees for all regular engineering professionals.
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Professional/Technical Society Plan
The company encourages active participation in technical and professional societies and
will pay annual dues to two organizations for each professional employee. Time off may be
arranged to attend local meetings of particular interest and benefit, and if the meeting
is held in conjunction with a meal, the company will pay for the meal.
Paid time off and certain expenses may also be granted to individuals wishing to attend
regional or national meetings dealing with subjects that will benefit their professional
development and enhance the company's reputation.
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All of the above information is subject to change without notification.
EEO Statement
It is the policy of the company to select, develop and promote employees based on the
individual's ability and job performance. It is further the company's policy to comply
with all applicable laws and regulations concerning the prohibition of discrimination in
employment based upon a specified protected status. The company will take the necessary
action to ensure that qualified applicants are employed and that employees are treated
fairly during employment, without regard to their race, age, color, religion, sex,
physical handicap, national origin, or other protected status under applicable employment
law. Such action will apply to, but will not be limited to, recruitment, hiring,
placement, promotion, reclassification, transfer, layoff, termination, compensation, and
selection for training.
In order to promote harmonious work relationships and maintain a professional
atmosphere, the company has a policy prohibiting harassment of fellow workers. All forms
of harassment that create an offensive working environment are forbidden, including, but
not limited to, insulting, intimidating, or discourteous conduct, as well as derogatory
jokes or comments relating to race, color, religion, sex, age, disability, national
origin, or other protected status under applicable employment law.
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